Abstract
City continues to experience physical development as indicated by the increasing number of built up areas and increasing land requirements. Physically, land is an asset that has limitations and cannot grow, for example through reclamation efforts. Land is not only a wealth-creating resource for sustenance but also the basic resource requirement for all development. Pantai Mutiara area is a coastal reclamation area intended for residential functions. The development of the Pantai Mutiara Area reclamation project from the beginning of the development to the present has had an impact on the increase in the land value in the area, especially the land value that has marinas and docks. The dynamics of land values changes are still unpredictable especially because the determinants of land value itself are not just something real like accessibility, location, etc., but there are also determinants of land value such as macroeconomic conditions (gross domestic product, economic growth, Indonesian Rupiah exchange rates and currency conversion).
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