The Spatial Pattern of Land Values in Jakarta

Sun Sheng Han and Ann Basuki
Additional contact information
Sun Sheng Han: Department of Real Estate, School of Design and Environment, National University of Singapore, 10 Kent Ridge Crescent, Singapore 119260, rsthanss@nus.edusg
Ann Basuki: Department of Real Estate, School of Design and Environment, National University of Singapore, 10 Kent Ridge Crescent, Singapore 119260, rstannb@nus.edu.sg.

Urban Studies, 2001, vol. 38, issue 10, 1841-1857

Abstract: Rapid urban development and globalisation have brought dynamic changes to large cities in the developing countries. Yet understanding of the changes has been handicapped by the lack of data and systematic attempts. By using the latest release of land-value data in Jakarta, this paper provides insights into the spatial structure of land values in a typical Third World metropolis. Land values vary drastically from one kelurahan to another, with most of the expensive land parcels in central Jakarta. However, in central Jakarta one could also easily find cheap land parcels whose values were lower than the lowest land values of some parcels in non-central regions of the city, reflecting the mixture of slums and skyscrapers in central Jakarta. Land values were not distributed evenly in the non-central regions. Rather, they were more expensive in west and south Jakarta than in north and east Jakarta. Spatial variables, especially distance to the central business district, were important in shaping land-value patterns in Jakarta, but the explanatory power of distance declined over time. The findings of this paper will not only be useful for an understanding of spatial land-value patterns in Asian cities, but will also be beneficial for investors and policy-makers in their decision-making processes.

Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1080/00420980120084886 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:38:y:2001:i:10:p:1841-1857

DOI: 10.1080/00420980120084886

Access Statistics for this article

More articles in Urban Studies from Urban Studies Journal Limited
Bibliographic data for series maintained by SAGE Publications ().