Analysis of Property Value at Bank Sumut Binjai Branch, North Sumatra, Indonesia
Author (s):
Muhammad Imanurrahman, Sukaria Sinulingga & Dwira Nirfalini Aulia
Abstract
The property value such as land and buildings as collateral have different values due to the location, land and buildings and other things. The high Non-Performing Loan (NPL) at Bank Sumut, sub-branch of Pasar Tavip Binjai is due to the inaccuracies of credit analysts in assessing collateral. Method of analysis in this research is using Multiple Linear Regression method. The result of this research shows that land area, building area, the width of road and land law have positively and significantly influenced the value of collateral located at PT Bank Sumut, Binjai Branch. in determining the value of land and buildings that are used as collateral by prospective debtors or which will be re-valued so as to protect the bank from giving collateral harms the bank itself. For assessors can use a linear regression model generated in this study to be used as a reference in assessing the value of land and buildings as collateral. For further research, either those who will conduct research on the same type of research population or others, it is recommended that other variables be used that can affect the value of collateral as collateral or the same variable but at different research sites.
Key words: Value, Character, Capital, Capacity, Collateral, Condition of Economic, Bank.
| Title: | Analysis of Property Value at Bank Sumut Binjai Branch, North Sumatra, Indonesia |
|---|---|
| Author: | Muhammad Imanurrahman, Sukaria Sinulingga & Dwira Nirfalini Aulia |
| Journal Name: | International Journal of Science and Business |
| Website: | ijsab.com |
| ISSN: | ISSN 2520-4750 (Online), ISSN 2521-3040 (Print) |
| DOI: | https://doi.org/10.5281/zenodo.2649248 |
| Media: | Online |
| Volume: | 3 |
| Issue: | 3 |
| Acceptance Date: | 22/04/2019 |
| Date of Publication: | 23/04/2019 |
| PDF URL: | https://ijsab.com/wp-content/uploads/352.pdf |
| Free download: | Available |
| Page: | 124-134 |
| First Page: | 124 |
| Last Page: | 134 |
| Paper Type: | Research Paper |
| Current Status: | Published |
Cite This Article:
Imanurrahman, M., Sinulingga, S. & Aulia, D. N. (2019). Analysis of Property Value at Bank Sumut Binjai Branch, North Sumatra, Indonesia. International Journal of Science and Business, 3(3), 124-134. doi: https://doi.org/10.5281/zenodo.2649248
Retrieved from https://ijsab.com/wp-content/uploads/352.pdf
About Author (s)
Muhammad Imanurrahman, (Corresponding Author) Postgraduate Program, Magister Management of Property and Valuation, Universitas Sumatera Utara, Medan, North Sumatra, Indonesia.
Sukaria Sinulingga, Lecturer, Postgraduate Program, Magister Management, Universitas Sumatera Utara, Medan, North Sumatra, Indonesia.
Dwira Nirfalini Aulia, Lecturer, Postgraduate Program, Magister Management, Universitas Sumatera Utara, Medan, North Sumatra, Indonesia.
DOI: https://doi.org/10.5281/zenodo.2649248
