FEASIBILITY STUDY OF SUBSIDIZED HOUSING PROJECT CASE STUDY: PT ALFARISI QUADRA SEJAHTERA

• Main Author: Radhya Ravenska, Daffa
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/77089
• Institution: Institut Teknologi Bandung

In a world with a growing population and limited space, there is an escalating demand within communities for affordable housing. The increasing house prices every year are not directly proportional to the income received by the community, especially in Jabodetabek. PT Alfarisi Quadra Sejahtera as a company engaged in the property sector plans to build a subsidized housing project in Sumberjaya, South Tambun, Bekasi Regency to fulfil low-income community’s needs. The total cost to undertake the project is IDR23,671,403,082.97. The objective of this research is to analyse the feasibility study of a company project, based on the financial aspect and the risk that the company faces. To identify company project feasibility, researchers used several tools and methods such as, NPV, IRR, Payback Period, and Profitability Index. The risk assessment for this project will be conducted using sensitivity analysis and monte carlo. All the tools to determine this project showed a positive result. The project NPV is is IDR4,909,884,233.87 which is greater than zero, the IRR 26% is higher than the cost of capital 5.38%, the profitability index 1.554 is higher than 1.0, the payback period is 1.9 years, and the risk analysis succeeds to indicate the risk that needs to be considered by the company.