Value Of Assets Research Articles

A SPATIAL ANALYSIS OF THE DEPENDENCE BETWEEN WAVE HEIGHTS AND WATER LEVELS USING COPULAS IN THE DUTCH DELTA

The Netherlands is a low-laying country with approximately 60percent of its land vulnerable to flooding. An elaborated flood defense system composed of dikes, dunes and storm surge barriers was created to protect the large number of inhabitants and high value of assets. In coastal and delta areas, design values for flood protection infrastructures, i.e., primary flood defenses, are mainly governed by the combination of high water levels and wave heights that in extreme conditions might exhibit a significant degree of correlation due to the, often, common origin associated with intense wind (Masina et al., 2015). A misrepresentation of the underlying relationship between these variables can potentially lead to an incorrect quantification of the forcings acting on the primary protection. This study aims to (i) characterize the spatial dependencies of hydraulic boundary conditions along Dutch southwest delta from coastal to inland areas and (ii) to assess how accounting for these dependencies when estimating design values affect the safety assessment of the primary defense.

The Dynamics Between Banking Performance & Economic Stability in Lebanon

The Lebanese banking sector has traditionally been one of the foundation pillars of the economy; however, extraordinary challenges have arisen from sources of macroeconomic volatility and political uncertainty compounded by inherent systemic weaknesses. This study methodologically ranges from hybridization of both qualitative insights with quantitative data. The analysis is based on a survey among the stakeholders in the Lebanese banking sector and triangulated with data from both the Central and commercial banks. The findings indicate that currency devaluation significantly reduces the real value of banking assets, increases credit risk, and raises non-performing loans, therefore undermining profitability and systemic stability. In addition, increasing liquidity pressures, further exposed by declining deposits and increasing capital flight, highlight the fragility in public confidence in the financial system. All these weaknesses have been compounded by the lack of strong regulatory frameworks and the slow introduction of capital controls, creating a feedback loop where economic instability reinforces systemic weaknesses. This study has shown the requirement for consolidated policy interventions that will stabilize exchange rates, reinforce regulatory oversight, and revive depositors' confidence.

The investment and valuation nexus: exploring the perceptions of Nigerian real estate valuation professionals

Purpose Despite the importance of investment fundamentals in determining commercial property value, there is a knowledge gap in terms of how investment factors are integrated into the valuation process in developing markets, particularly in Africa. This study investigates how property valuers in Nigeria perceive the investment-valuation nexus, and how this influences their valuation processes and output.Design/methodology/approach Semi-structured interviews were deployed to 14 professional property valuers across Nigeria. The discussion from the interview transcripts was subjected to thematic and content analysis using the K-mean clustering learning algorithm and Latent Dirichlet Allocation (LDA) topic modelling.Findings Key findings indicate that valuers consider a range of investment factors, including market conditions, location and property features. However, the study highlights a potential gap in the consideration of cash flow analysis and tenant-related factors. The findings suggest that a more comprehensive approach to valuation is necessary to enhance the accuracy and reliability of property valuations in Nigeria.Practical implications The findings have significant implications for Nigeria and other emerging African markets considering the high volume of property investment capital received by the countries. With key investment fundamentals not being sufficiently captured in the valuation process in line with best practices, current valuation output may be omitting important factors thereby undermining their accuracy and reliability.Originality/value This study provides alternative perspectives on the investment-valuation relationship through the unique lenses of key stakeholders (valuers) in the context of developing countries. This context is important, given that these economies are usually perceived to be less sophisticated and often present significant challenges around standardisation and bias. Secondly, the study provides some insights into the heterogeneity associated with the valuation of assets in highly heterogeneous markets such as Nigeria. Thirdly, the study adopts the K-mean clustering learning algorithm and LDA topic modelling approaches, which have previously not been applied to property valuation.

Leveraging interest-growth differentials: hidden effects of government financial assets in the European Union

PurposeGiven that government financial assets represent a large proportion of gross debt accumulation, this study examines their impact on debt leveraging and potential returns on the gap between interest rates and economic growth (r-g).Design/methodology/approachThis research focuses on the co-movements of r-g differentials, government financial assets and the primary deficit through a channel of gross debt, investment, external balance and ratings, using a sample of 27 European Union economies from 2000 to 2022. The following co-integration methods were estimated: (1) for the aggregate, panel quantile autoregressive distributed lags (QARDL), ARDL- pooled mean group (PMG) for panel data, implemented with a (PMG) and (2) ARDL-error correction (EC) for individual countries at a granular level.FindingsWhile government financial assets drive short- and long-run debt trajectories, granular country heterogeneities reveal differentiated results for financial assets leveraging potential returns on the differential between interest rates and output growth (r-g). Government financial assets may enhance r-g, but may risk even undermining gains from primary deficit consolidation efforts. By comparing aggregate estimations with country granular approaches, outliers from non-statistically significant estimations reveal the epistemological limits of aggregation, statistics and probability theory, warning against overconfidence in such mere guidance tools, which are not safeguarding guarantees.Research limitations/implicationsStatistical asymptotics and instability of non-independent and identical distributions may underestimate variance. Furthermore, skewness and leptokurtosis may benefit from extreme value theory. In addition, technological changes, policy regimes, geopolitical events and economic crises can change in-built long-run relationships.Practical implicationsHeterogeneity of government financial assets effects depend on socio and macrofinance conditions, advocating the principle of subsidiarity. Financial assets, such as sovereign wealth funds linked to natural resources, oil in Norway, copper in Chile, may benefit from financial assets assessments. The strengthening of democratic accountability calls for transparency about financial assets contribution to debt trajectories, r-g effects and risks of potential undermining primary deficit consolidations. Accounting reporting should appropriately disclose changes in assets value from exposition to market volatility, accumulation of holding costs due to constraints to asset liquidation, due to non-active secondary markets, or long investment horizons.Social implicationsTo strengthen democratic accountability, there should be transparency about their contribution to debt trajectories, r-g effects and risks to potential undermining primary deficit consolidation. Their performance depends on financial markets and socio- and macro-finance conditions, calling for the principle of subsidiarity.Originality/valueRather than the traditional emphasis on government debt, this study examines the leverage effect on the gap between interest rates and economic growth (r-g differential). While the literature primarily addresses stock-flow adjustments (SFAs), the focus is narrowed to financial assets underlying government interventions on the supply side of the economy. Evidence is provided on the risks of financial assets undermining primary deficit consolidation efforts. While the literature highlights the short and medium terms, estimates are divided into short-term dynamics and hypothetical in-built long-run cointegrations. Panel aggregation is compared with granular estimates, uncovering heterogeneities and supporting governance subsidiarity. Support for statistical pluralism is provided by comparing results and methodological limitations.

Pengaruh Opportunities, Kepemilikan Manajerial, Investment Opportunity Set, Risiko Litigasi, dan Intensitas Modal Terhadap Konservatisme Akuntansi

Accounting conservatism is a concept and prudential principle that recognizes costs and losses early, slows down revenue and profit recognition, lowers asset valuations and raises liability assessments. This study aims to analyze the effect of opportunities, managerial ownership, investment opportunity set, litigation risk, and capital intensity on accounting conservatism in non-financial companies on the Indonesia Stock Exchange for the period 2021-2023. The sampling technique used in this study was purposive sampling. A total of 438 companies have met the criteria as observation units. The analysis method used is multiple linear regression analysis. The results provide empirical evidence that opportunities and litigation risk affect accounting conservatism. Meanwhile managerial ownership, investment opportunity set, and capital intensity have no effect on accounting conservatism.

Old Unworkable Oil, Gas and Mineral Assets: There is No Room for Pride and Elitism, and to Remain Hostage to Litigations, Sadness, Past Blunders, or Even Glories-Unshackle Legacy Assets. Make Difficult Choices to Embrace a New Path and Make Your Asset Great Again!

Determining the exact value of legacy assets in coal, minerals, oil, and gas that are currently under litigation in countries like India, Russia, the USA, Canada, and Saudi Arabia is challenging due to the lack of comprehensive public data. Litigation details, especially concerning asset valuations, are often confidential or not aggregated in publicly accessible databases. There has been a notable increase in climate-related lawsuits targeting major fossil fuel companies. As of recent analyses, 86 climate lawsuits have been filed against some of the world’s largest oil, gas, and coal-producing corporations, including BP, Chevron, Eni, ExxonMobil, Shell, and Total Energies. The number of cases filed against fossil fuel companies each year has nearly tripled since the Paris Agreement was reached in 2015. Western sanctions have significantly impacted Russia’s hydrocarbon revenues, with varying effects across different sectors. These sanctions have introduced legal and financial challenges for Russian energy assets, leading to disputes and potential litigations. The valuation of fossil fuel assets is becoming increasingly complex due to climate change concerns and market volatility. For instance, the oil industry faced significant challenges when a price war between Russia and Saudi Arabia coincided with a global crisis, leading to unprecedented market conditions. For a minerals, oil, and gas company dealing with legacy litigation issues, a multi-dimensional approach is necessary. Combining legal, financial, environmental, stakeholder, and risk management strategies will help mitigate risks, optimize assets, and enhance long-term sustainability. Globally, it’s estimated that there are approximately 29 million abandoned oil and gas wells. The number of inactive wells varies significantly across countries, influenced by factors such as production rates, regulatory frameworks, and economic conditions. The market for selling abandoned mines, oil, and gas fields is either non-existent or inefficient, often serving purposes other than reinvestment and redevelopment. A national study by the Indian Bureau of Mines identified 297 abandoned mine sites, of which 106 required reclamation and rehabilitation. Subsequently, 24 of these sites became operational again, leaving 82 sites needing attention. An asset is not for keeps, if it does not get rent or return: Anonymous

Juridical Analysis of the Bankruptcy of PT Sritex Based on Law Number 37 of 2004 concerning Bankruptcy and Postponement of Debt Payment Obligations.

This study examines the bankruptcy of PT Sri Rejeki Isman Tbk (PT Sritex) within the framework of Law Number 37 of 2004 concerning Bankruptcy and Suspension of Debt Payment Obligations (UU Kepailitan). Employing a normative juridical approach, it analyzes the legal provisions, procedural implementation, and implications of the case. The findings reveal compliance with the statutory criteria for bankruptcy but also expose significant procedural inefficiencies, particularly in asset valuation and the Suspension of Debt Payment Obligations (PKPU) process. The study highlights the need for reforms to streamline court procedures, enhance transparency, and strengthen corporate governance practices. These measures are crucial for improving the effectiveness and equity of Indonesia’s bankruptcy system while safeguarding the rights of creditors and debtors.

SLPDBO-BP: an efficient valuation model for data asset value

Data asset value assessment is of strategic significance to the development of data factorization, in order to solve the problems of strong assessment subjectivity and low assessment efficiency and accuracy in traditional assessment methods. This article introduces the SLPDBO-BP data asset assessment model for data asset value assessment. Firstly, the sinusoidal chaos mapping strategy, the Levy flight strategy and the fusion of adaptive weight variation operators are integrated to increase the population diversity of the algorithm, broaden the search range, and augment the global optimization capability of the algorithm. Secondly, in an attempt to comprehensively evaluate the optimization performance of SLPDBO, a series of numerical optimization experiments are carried out with 20 test functions and with popular optimization algorithms and dung beetle optimizer (DBO) algorithms with different improvement strategies. Finally, in order to verify the effectiveness of the proposed algorithm in data asset value assessment, the SLPDBO algorithm is combined with backpropagation (BP) to establish the SLPDBO-BP model for data asset value assessment, and the acquired data sets are used in the proposed model for data asset value assessment. The experimental results show that the SLPDBO-BP model performs well in assessment accuracy, and its assessment indexes mean absolute error (MAE), root mean square error (RMSE) and mean absolute percentage error (MAPE) are reduced by 35.1%, 37.6% and 38.7%, respectively, compared with the dung beetle optimizer backpropagation (DBO-BP) model, and its evaluation efficiency is improved, and the proposed model demonstrates better evaluation simulation effects by remarkably outperforming other models in terms of evaluation accuracy and error level.

AN EMPIRICAL STUDY ON BRAND ANATOMY OF SBI SELECTED EQUITY MUTUAL FUNDS IN INDIA

This paper evaluates the performance of SBI Selected equity mutual funds by analyzing the daily closing Net Asset Values (NAV) of various schemes to determine their returns. The assessment employs risk and return metrics, including Standard Deviation, Sharpe Ratio, Treynor Ratio, and ANOVA. Data is sourced from the Association of Mutual Funds in India, covering the period from February 2024 to January 2025 (one year). The findings indicate that the majority of SBI mutual funds yielded positive returns during the study period, establishing SBI Mutual Fund as a preferred choice for investors.

Management of Fixed Asset Management at the Regional Finance Agency of Mataram City

This study focuses on the fixed asset management practices of Mataram City’s Regional Finance Agency, addressing the challenges and successes in managing regional assets in line with government regulations. The research aims to assess the efficiency of asset management processes, including planning, procurement, utilization, security, and maintenance, under the framework of Permendagri No. 47 of 2021. A descriptive qualitative method was applied, involving interviews, observations, and documentation from key informants, including officers from the Mataram City BKD. The results indicate that while asset management processes are generally aligned with the regulations, challenges such as input errors in bookkeeping, difficulties in determining asset values, and discrepancies between reported data and actual conditions persist. The study highlights the positive impact of Permendagri No. 47 of 2021 on asset management, though it also identifies areas for improvement, particularly in staff awareness and data accuracy. The findings suggest that enhanced training and further integration of digital tools are needed to optimize asset management practices in local governments. The implications of this research are valuable for policymakers, local governments, and asset managers, offering insights into improving asset management systems and ensuring financial transparency in regional administrations.

The Role of External and Internal Factors in Determining the NAV Movement of Sharia Mutual Funds

This study investigates the factors influencing the performance of Islamic Balanced Mutual Funds in Indonesia, with a specific focus on fluctuations in Net Asset Value (NAV). The declining growth of these funds is hypothesized to be associated with a weakening macroeconomic environment. External variables considered in this study include inflation and the Bank Indonesia benchmark interest rate (BI Rate), while internal variables encompass trading volume and transaction timing. The objective is to examine the impact of both internal and external factors on the NAV performance of Islamic Balanced Mutual Funds. The sample consists of two actively managed Islamic mutual funds operating between 2016 and 2023. Panel regression analysis is employed to evaluate the relationships. The findings reveal that internal and external factors jointly influence NAV performance. Specifically, trading volume and transaction timing exhibit statistically significant effects, while inflation and the BI Rate do not show a significant impact on NAV. These results suggest that fund performance is more sensitive to internal market dynamics than to macroeconomic indicators.

Shared hazards, unequal outcomes: income-driven inequities in disaster risk

Climate-induced hazards exert uneven impacts on communities. However, conventional risk models rarely consider these disparities, which are critical for informing risk reduction decisions. Instead, they quantify risk solely based on the value of assets at risk, without accounting for how communities are differentially exposed and vulnerable to particular hazards. This has significant consequences for low-income populations, who tend to suffer most from disasters. Our study introduces an equity-sensitive framework that considers inequities in exposure and vulnerability, demonstrating how these inequities compound into well-being risks. We apply this framework in a large-scale study of coastal flooding and sea-level rise risk in the Philippines, highlighting both quantitative and spatial variations in asset and well-being risks. Findings indicate that accounting for income-driven inequities yields a more comprehensive understanding of coastal flood risks across groups. This framework is adaptable for other hazards and contexts, and aims to promote more equitable disaster risk reduction outcomes.

Trends & Comparative Analysis of Asset Classes for All Citizens National Pension System (NPS) Tier I Account: Equity, Corporate Bonds, and Government Securities (G-Secs)

The study examines the trends and comparative performance of asset classes with respect to all citizens National Pension System (NPS) Tier I account over a decade (FY2015-FY2024). It focuses on equity, corporate bonds, and government securities (G-Secs). The research also analyses Net Asset Value (NAV), Assets Under Management (AUM), and subscriber growth to understand scheme dynamics. The research endeavours to examine PFMs performance. The study uses secondary data from the NPS database to understand returns. Descriptive statistics characterize asset class performance, while correlation identifies variable relationships. Regression analysis predicts NAV trends based on AUM, and evaluates performance. NPS analysis reveals that APY's subscriber growth complements strong AUM gains. The strategic asset allocation, notably by UTI PFM in equity/bonds and Kotak PFM in G-Secs, drives superior risk-adjusted returns. It indicates APY’s success in expanding coverage, strong AUM, subscriber growth, and influence of individual asset classes. Regression results exhibit a connect between AUM and NAV growth for the six PFMs. LIC's outperformance against the benchmark, and UTI’s results in equity and corporate bonds reveals strategy importance. Practical implications highlight the need for diversified strategies and enhanced investor education. Policymakers and PFMs should understand risk assessment and portfolio enhancement.

A systematic review on smart contracts security design patterns

Smart contracts have accelerated the adoption of blockchain technology across various domains by enabling coded agreements between transaction participants. However, increased software defects and vulnerabilities in smart contracts, driven by developer inexperience with languages like Solidity and a lack of effective detection tools, pose significant risks. Given the high value of assets managed on blockchain (e.g., cryptocurrencies), these vulnerabilities can lead to severe consequences. Researchers and practitioners have proposed numerous smart contract design patterns to mitigate certain faults or vulnerabilities. Despite these efforts, it remains unclear which types of defects these patterns target and how effectively they address the wide range of existing smart contract security vulnerabilities. In this paper, we review the state of the art in smart contract design patterns, categorizing them and analyzing their effectiveness in mitigating known security vulnerabilities. Our findings reveal that only five patterns directly aim to prevent security vulnerabilities, collectively addressing just 6 out of 94 security issues identified by OpenSCV (a state-of-the-art vulnerability taxonomy), highlighting the need for further research on smart contract security design patterns.

Private Equity Fund Reporting Quality, External Monitors, and Third-Party Service Providers

ABSTRACT We describe variation in the reporting quality (i.e., accuracy and bias of reported net asset values (NAVs)) of private equity (PE) funds across types of external monitors (investors and auditors) and third-party service providers (valuation specialists, marketers, and administrators). In contrast to public markets, we find only limited evidence that reporting quality varies with the composition and types of investors in PE funds. We observe, however, that reporting quality varies with auditor involvement and the use of third-party service providers; these associations often differ across buyout (BO) and venture capital (VC) funds and from those observed in public markets. Our evidence is important to investors and regulators, especially now that PE supersedes public markets as the main vehicle to raise capital and as regulators increase their focus on private markets. Data Availability: Data used in this study are available from public sources listed in the paper. JEL Classifications: G1; G14; G30; M4; M41.

Land Waqf Management Model of Islamic Religious Organizations Muhammadiyah and Nahdhatul Ulama (NU) in Indonesia

Waqf land in Indonesia is known for being able to be preserved and managed sustainably for the benefit of society. People often entrust Muhammadiyah and NU Islamic organizations as nadzirs, as both can manage the waqf process, from registration to issuance of land certificates, and increase the economic value of waqf assets. This study aims to analyze the land waqf management model and identify legal problems and solutions in Muhammadiyah and NU. The research uses field research method with snowball sample technique from BWI, as well as Muhammadiyah and NU administrators in Central Java, East Java, and BWI. The management of waqf land by Muhammadiyah and NU nadzirs includes legal legality, semi-productive management, and cash waqf collection. Muhammadiyah focuses on education, social, and worship, while NU mostly focuses on mosques and tombs. Problems include legality, transparency, and nadzir limitations, with solutions to strengthen agreements and external cooperation.

The Factor of Production Efficiency and the Company’s Reputational Capital Valuing

Relevance. Valuation of companies operating in the market becomes more important during undergoing reorganization of export and import supply chains and the withdrawal of foreign manufacturers from the domestic market under the sanctions’ pressure. Purpose. This research made to identify methods and approaches for the calculation of the company’s value and its reputation rating in the context of a structural transformation of the economy due to the recent deterioration in international relations. We will examine both speculative and production approaches and examine how traditional financial indicators work with the added value. These approaches are used to explain the qualitative characteristics of cost-based management. To assess reputational capital, we used the methods of gross rent multiplier, direct capitalization, and discounting. We also used a market approach with the “excess profits” method. Results. We provide an example of how to calculate the value of real estate in the context of sanctions uncertainty and the goal of import substitution. Using the example of intangible assets such as goodwill and brand, we discuss the reliability of assessing the company’s reputational capital. This capital is the result of high-quality production, investment attractiveness, and corporate social responsibility. To illustrate this, we highlight the differences between speculative and production approaches to increase the value of reputational capital. We suggest refinements to the paradigm of value-based management that focus primarily on production achievements rather than speculative manipulations. Additionally, we consider the method for determining the value of assets, business reputation, and brand in assessing reputational capital, with author’s clarifications. Conclusion. The calculations we have done provide a framework for evaluating the assets and reputation capital required to launch and invest in new industries. This approach can lead to economic growth based on high efficiency and technology, as well as the creation of a sustainable and dynamic economy. It also aims to reduce the proportion of imported goods and services in the structure of the gross domestic product, in line with the President’s Decree «On the National Development Goals of the Russian Federation for the period up to 2030 and for the future up to 2036».

Guest Editorial: Three Actions You Can Take Right Now To Launch or Accelerate Your Refracturing Program

_ The refracturing of legacy wells is no longer considered an industry experiment—it’s a proven pathway to creating significant value. We see increasing mentions of refracturing on earnings calls as operators are finding it possible to routinely boost estimated ultimate recovery (EUR) rates by 20 to 60% (or more) beyond that achieved with the original completion. One large operator in the Eagle Ford Shale recently launched a refrac program and reported initial returns exceeding 100%. Meanwhile, recent acquisitions highlight untapped refrac potential as a key driver behind strategic deals. Companies sitting on massive potential for refracturing that do not act on it are being actively bought out by the companies that are willing and able. This is emerging as one of the shale sector's most significant arbitrage opportunities—and it's becoming clearer by the day to those paying attention. Pumping service companies are reporting about compiled datasets which show improvements in completion design resulting in increased EUR/ft over the years. As you may have guessed, this suggests that there are stranded reserves left from the original completions, creating significant refrac potential. Considering all of this, there are mounting reasons to believe that the best time to begin a refracturing program was yesterday. The second-best time is today. So, how do you get started? Here are three actionable steps you can commit to right now to turn opportunity into reality: Go Learn, Go Big, and Go Team. Go Learn: SPE Refracturing Workshop We improve as an industry when we share, and the SPE workshop in May in San Antonio, Texas, Refracturing—A Proven Strategy to Maximize Economic Recovery, is the perfect place for you to experience this. The workshop has been designed to allow operators and others to share and discuss their latest advancements and case studies. SPE does not require formal papers for workshops, prohibits media attendance, and allows presenters to decide whether to share their materials afterward—all of which encourage more candid dialogue and open exchange than you'd find at a typical industry conference. The workshop will include some of the most experienced operators, service providers, and leading voices in the refrac space. An intimate venue will also foster opportunities for valuable one-on-one conversations beyond the standard Q&A sessions. Sessions at the SPE Refracturing Workshop will cover a variety of critical themes. If you're serious about kicking off a refracturing program—or getting your current efforts into a new gear—these topics will help you hit the ground running. - Candidate selection, asset valuation, and reserves estimates for refracturing - Intra- and interwell fracture-driven interactions (FDIs) between wells - Modern completion techniques and coiled tubing interventions - Zonal isolation techniques and advancements - Refrac design and technique selection - Diagnostics and surveillance - Future and emerging technologies - Panel on lessons learned

Fragile New Economy: Intangible Capital, Corporate Savings Glut, and Financial Instability

The transition toward an intangible-intensive economy reshapes financial systems by creating a self-perpetuating savings glut in the production sector. As intangibles become increasingly important, firms hoard liquidity to finance investment in intangibles of limited pledgeability. Firms’ savings feed cheap leverage to financial intermediaries and allow intermediaries to bid up asset prices, which in turn encourages firms to save more for asset creation. This paper develops a macrofinance model that offers a coherent account of rising corporate savings, debt-fueled growth of intermediaries, declining interest rates, and rising asset valuation. Along these secular trends, endogenous financial risk accumulates. (JEL E43, E44, G12, G21, G31, G32)

소규모주택정비사업에서 프롭테크 기술 활용 사례 연구 : 가로주택정비사업을 대상으로

This study empirically examines Proptech application in small-scale housing improvement projects by analyzing LBDeveloper, a service utilized by the LH Corporation and SH Corporation for the preliminary feasibility analysis of housing renewal projects. The study investigates the implementation and utilization of PropTech in block-unit housing renewal projects and applies PropTech services to estimate the asset value of former and postdevelopment properties and the total project costs. Then, results were compared with traditional feasibility assessment methods to evaluate the effectiveness and limitations of PropTech services. Findings indicated that leveraging PropTech technologies, such as AI -driven architectural design and big data analytics, can enhance efficiency in project feasibility assessments. This result can be achieved by reducing the time and costs associated with determining project eligibility, generating design proposals, and analyzing business viability. Furthermore, the rapid provision of data-driven insights facilitates informed decision-making in the early stages of the redevelopment process. Although PropTech can improve the efficiency of feasibility assessments in small-scale housing improvement projects, it cannot entirely replace the role of experts. The reason is that final project evaluations and decision-making processes require expert review. Future research should focus on comparative analyses of various PropTech services and explore their applicability beyond housing renewal projects to the broader real estate sector.