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Study of adequate compensation for land- strengths and weaknessess of traditional comparison method of valuation in land acquisition projects

This research reviews the concept of adequate compensation in land acquisition. The definition of value to the landowners is closely related to the real meaning of adequate compensation with reference to heads of claims in land acquisition. It also examines the practical application of valuation pra...

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Main Author: Omar, Ismail
Format: Monograph
Language:English
Published: UTM 2005
Subjects:
T Technology (General)
Online Access:http://eprints.utm.my/id/eprint/2829/1/75157.pdf
http://eprints.utm.my/id/eprint/2829/
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spelling my.utm.28292017-07-26T04:16:51Z http://eprints.utm.my/id/eprint/2829/ Study of adequate compensation for land- strengths and weaknessess of traditional comparison method of valuation in land acquisition projects Omar, Ismail T Technology (General) This research reviews the concept of adequate compensation in land acquisition. The definition of value to the landowners is closely related to the real meaning of adequate compensation with reference to heads of claims in land acquisition. It also examines the practical application of valuation practices in determining adequate compensation to affected landowners. The main focus is on the aspect of the way in which affected landowners are expecting their worth of land and property interests in the open market. It concentrates on the overall perceptions of the affected landowners. Data is gathered from valuation reports prepared by private and public valuers and documents from land administrators in the case study in Melaka. Then, data will be analysed using qualitative analysis to show the differences in the valuation prepared by valuers and awards granted by land administrators. The findings show that there are differences between values determined by private and public valuers and award granted by land administrators. The differences are due to the factors considered in the valuation for compensation that influence the acceptance of the landowners to supply the land for development in the case study areas. Hence, further ways and means to smoothen the supply of land for development are inevitably important to make more potential land available for public purpose development. UTM 2005-08-31 Monograph NonPeerReviewed application/pdf en http://eprints.utm.my/id/eprint/2829/1/75157.pdf Omar, Ismail (2005) Study of adequate compensation for land- strengths and weaknessess of traditional comparison method of valuation in land acquisition projects. Project Report. UTM. (Unpublished)
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic T Technology (General)
spellingShingle T Technology (General)
Omar, Ismail
Study of adequate compensation for land- strengths and weaknessess of traditional comparison method of valuation in land acquisition projects
description This research reviews the concept of adequate compensation in land acquisition. The definition of value to the landowners is closely related to the real meaning of adequate compensation with reference to heads of claims in land acquisition. It also examines the practical application of valuation practices in determining adequate compensation to affected landowners. The main focus is on the aspect of the way in which affected landowners are expecting their worth of land and property interests in the open market. It concentrates on the overall perceptions of the affected landowners. Data is gathered from valuation reports prepared by private and public valuers and documents from land administrators in the case study in Melaka. Then, data will be analysed using qualitative analysis to show the differences in the valuation prepared by valuers and awards granted by land administrators. The findings show that there are differences between values determined by private and public valuers and award granted by land administrators. The differences are due to the factors considered in the valuation for compensation that influence the acceptance of the landowners to supply the land for development in the case study areas. Hence, further ways and means to smoothen the supply of land for development are inevitably important to make more potential land available for public purpose development.
format Monograph
author Omar, Ismail
author_facet Omar, Ismail
author_sort Omar, Ismail
title Study of adequate compensation for land- strengths and weaknessess of traditional comparison method of valuation in land acquisition projects
title_short Study of adequate compensation for land- strengths and weaknessess of traditional comparison method of valuation in land acquisition projects
title_full Study of adequate compensation for land- strengths and weaknessess of traditional comparison method of valuation in land acquisition projects
title_fullStr Study of adequate compensation for land- strengths and weaknessess of traditional comparison method of valuation in land acquisition projects
title_full_unstemmed Study of adequate compensation for land- strengths and weaknessess of traditional comparison method of valuation in land acquisition projects
title_sort study of adequate compensation for land- strengths and weaknessess of traditional comparison method of valuation in land acquisition projects
publisher UTM
publishDate 2005
url http://eprints.utm.my/id/eprint/2829/1/75157.pdf
http://eprints.utm.my/id/eprint/2829/
_version_ 1643643667307560960
score 13.211869

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