International Journal of Sustainable Real Estate and Construction Economics (5 papers in press)
Impact of Workspace Design on Employees Productivity: A Case Study of Public Sector Universities in Hazara Division
by Ahsan Nawaz, Asad Javed, Uzma Mehmood Raja
Abstract: In todays business world, workspace design is one of most critical factor in for employees productivity. Todays workplace is different, diverse, and constantly changing. Issues related to the workspace design significantly neglected in Pakistan. This is also affecting the employees performance and results in delay in work completion, personal growth, and frustration etc. The purpose of this study was to find out the effect of workspace design i.e. furniture, noise, comfort, and spatial arrangement on employees productivity and to examine the relationship between efficiency and surroundings space design of the employees. The study was conducted from a employees-based view to investigate the effect of workspace design an how employees perceives its effect on their performance? Primary data was collected using standardized questioners from employees of three public sector universities in Hazara division. Results demonstrated that the employees believe that effective workspace design will enhance their productivity.
Keywords: Workspace Design; Employees’ productivity.
The Solicitation, Evaluation, and Selection of Construction Contractors: A case study of U.S. Army Corps of Engineers
by Bjorn Hale, Salman Azhar, Muhammad Ali Noor, Malik Khalfan
Abstract: This research was an in-depth review of the current process used by the United States (U.S.) Army Corps of Engineers for the evaluation and selection of prime contractors. The goal of this research was to provide recommendations and highlight areas for improvements during the solicitation, evaluation and selection process of prime contractors. To achieve this goal, the research team conducted the literature review on evaluation of construction contractors, both from a pre-award and post-award stand point. This was followed by designing a robust research methodology which included interviewing and using structured questionnaires the related U.S. Army Corps of Engineers personnel that were involved in the overall construction and contractor selection process. The data collected was analysed with the literature review to bore out potential improvements to the current selection process. This research has concluded that the U.S. Army Corps of Engineers should make strides to better define the evaluation factors that are being utilized, while providing a detailed description of the project being constructed, in order to ensure that potential contractors do submit project specified information. By requesting the interested contractors for more project specific information via their management plan, schedules, organizational chart, and other potential evaluation factors, the Corps of Engineers can gain better insight on understanding of each potential contractor about the project requirements and which contractor would be best able to meet these requirements and complete the project successfully.
Keywords: Evaluation and Selection of Construction Contractors; U.S. Army Corps of Engineers.
THE ANALYSIS OF FACTORS AFFECTING LAND VALUE AND TESTING THE ACCURACY OF LAND VALUE ZONE (Case Study In Blora, Indonesia)
by Mokhamad Surianto, Sulaeman Rahman Nidar, Sylviana Maya Damayanti
Abstract: The purpose of this study is to determine the level of accuracy of the Land Value Zone (ZNT, Zona Nilai Tanah) that has been established along with the factors that affect the land value in the Blora District. This research is motivated by the rapid development of Blora District that it affects the distribution of the market value of the land. Consequently, the ZNT that has been determined no longer reflects its land market value which will affect Non-Tax State Revenue (PNBP, Penerimaan Negara Bukan Pajak) of Land Sector where ZNT is used as the basis for calculation. The results showed that from eight observed variables, six variables that significantly affect the value of land, namely variables of Distance to The City Center, Distance to The Local Market, Accessibility, Land Use, Availability of Facilities and Infrastructure, and Land Location. Meanwhile, the variables of Distance to The Protocol Path and Topography did not have significant effect. Furthermore, Analysis Assessment Ratio (ASR) study results indicated that ZNT that has been set no longer met the standards established by the International Association Officers (IAAO). Thus, ZNT in Blora District needed to be updated because it no longer reflects its market value. The results of this study are expected to contribute to science, to enrich or to add the reference of knowledge, especially on the land assessment. For The Community, as to add the information of land value and knowledge in determining the value of the land and the determination of ZNT, because the community as an object of State revenue (PNBP in land sector), especially services using ZNT. For The Land Agencies, as input materials to assess the performance of land assessment, especially in making ZNT as the basis for imposition of PNBP in land sector.
Keywords: Land Value; ZNT; ASR; IAAO; Blora.
Identification of Key Macroeconomic Variables for Forecasting Housing Construction Costs in Nigeria
by Christian Asuquo, Amaka Ogwueleka
Abstract: The housing sector in Nigeria has been undermined by the persistent rising costs of building construction. This study therefore determined the key macroeconomic factors influencing housing construction costs in Nigeria. Data obtained from Quantity Surveying firms and Central Bank of Nigeria (CBN), were analysed using One-Sample T-test, Pearson Correlation and Granger Causality Test. Findings reveal that fluctuations in costs of housing within the period were statistically significant. The results further indicate that GDP, Money Supply, Exchange Rate and Inflation Rate have significant positive relationship with housing construction costs. However, only Inflation Rate and Gross Domestic Product (GDP) can be used to predict housing construction costs. The study recommends that government should initiate policies that will help in stabilising prices. It also recommends that caution should be applied when using historical cost data to predict the cost of housing during periods of rapid economic growth.
Keywords: Causality; construction costs; housing sector; macroeconomic factors; Nigeria.
THE EFFECT OF LAND VALUE FACTORS IN DETERMINING TAX OBJECT SALES VALUE (NJOP) AND ANALYSIS OF ASSESSMENT SALES RATIO (Case Study in Malang City, Indonesia)
by Rendra Kurnia Wardana, Dian Masyita, V. Santi Paramita
Abstract: The purpose of this study is to determine the factors that affect the value of land for determining tax object sales value (NJOP). The determinants of land values used in this study are the factors of land area, building area, the distance from city center, the distance from education center, land use, accessibility, and flood free environment. The research uses the quantitative method with survey approach. The result indicates the five factors have a positive and significant influence on the determination of NJOP. But the distance to the city center and distance to the education center have a negative and significant effect on the determination of NJOP. Assessment Sales Ratio test results showed that the value of land and buildings is below from the market value. This indicates the need for reappraisal of NJOPs determination in Malang. As an additional knowledge and insight in the academic field about the factors that influence the value of land in determining the value of Tax Object Sales Value (NJOP) and the accuracy of the determination of NJOP towards the market value through Assessment Sales Ratio (ASR). The Government of Malang City is expected to be able to increase local revenue through the fair determination of tax object sales value; hence the market value can be equal, although the government must also apply the equity principle to the community and if through the results of the research there is the potential of local revenue (PAD) from the sector of land and building tax. The Government of Malang City through the Regional Tax Service Agency is expected to be able to take strategic policies, especially in optimizing the revenue through Land and Building Tax (PBB).
Keywords: Land Values; Tax Object Sales Value; Assessment Sales Ratio.