STUDI ALTERNATIF KELAYAKAN FINANSIAL DAN TEKNIS PEMBANGUNAN PERUMAHAN X

Abstract

Housing X will be built on an area of ​​± 36,937 m2 with 3 types of houses, namely type 36, type 45, and type 100. A feasibility study is needed to determine the technical and financial feasibility as input to owners, investors, and other parties. Technical feasibility is viewed from the parameters of the Basic Building Coefficient (KDB) and Green Base Coefficient (KDH). Financial feasibility is viewed from the parameters of Payback Period (PP), Net Present Value (NPV), Internal Rate of Return (IRR) and sensitivity analysis to increase and decrease in the value of income and expenditure. The results of the analysis of the technical feasibility of each type of house were declared feasible to be included in the simple house category with the value on housing plan X in Kediri, KDB of 20.59% and KDH of 29.47%. Financial feasibility is declared feasible because in the technical analysis it has more effective land and RTH meets local regulatory standards, while in the financial analysis it has a larger NPV, BCR and IRR and has a faster payback period with PP parameters within 3 years 7 months 26 days with an investment of 6 years. The NPV value is Rp. 15,498,022,769.46 and the IRR value of 55.83718887%> MARR (WACC) 9.56%. The sensitivity analysis in changes to the cost of income with fixed expenses is not feasible, if the alternative housing plan X in Kediri has an increase in construction costs of> 17.822955042% per year, and a decrease in income of> 2.754913381414% per year.