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＜journal article＞
Financial Feasibility Study for Parking Building at Kayutangan Heritage Area, Malang

Creator
Author PID
0000-0002-2275-7202
Creator Name
Achmad Wicaksono
Affiliation
Affiliation Name
Civil Engineering Department, Universitas Brawijaya
Author PID
0000-0001-7611-8134
Creator Name
Muhammad Zainul Arifin
Affiliation
Affiliation Name
Civil Engineering Department, Universitas Brawijaya
Author PID
0000-0002-3220-7669
Creator Name
Thanongsak Imjai
Affiliation
Affiliation Name
Civil Engineering Department, Burapha University
Author PID
0009-0002-5677-8690
Creator Name
Dian Budiman
Affiliation
Affiliation Name
Civil Engineering Department, Universitas Brawijaya
Author PID
0009-0004-1152-3808
Creator Name
Mochamad Renaldy Azhar
Affiliation
Affiliation Name
Civil Engineering Department, Universitas Brawijaya
Author PID
0009-0009-9290-9310
Creator Name
Angela Meike Kawer
Affiliation
Affiliation Name
Civil Engineering Department, Universitas Brawijaya
Author PID
0009-0006-6896-0034
Creator Name
Dendy Oktaviyandi
Affiliation
Affiliation Name
Civil Engineering Department, Universitas Brawijaya
Language
English
Publisher
Interdisciplinary Graduate School of Engineering Sciences (IGSES), Kyushu University
九州大学大学院総合理工学府
Date of Available
2026-10-20
Date
2026-12
Accepted Date
2026-09-29
Source Title
Evergreen
Vol
13
Issue
4
First Page
1378
Last Page
1397
Publication Type
Version of Record
Access Rights
open access
Rights
Creative Commons Attribution 4.0 International
Abstract Heritage districts face challenges in parking infrastructure planning that balance financial returns with cultural preservation. This study assesses the financial feasibility of a multi-story parking ...building at Kayutangan Heritage Area, Malang, through parking demand analysis, Ability-to-Pay and Willingness-to-Pay surveys of 73 respondents, and standard financial evaluation. Results show that parking demand exceeds capacity during weekend peaks, users have sufficient financial capacity but low perceived service value, and the project yields a Benefit-Cost Ratio of 1.06, Net Present Value of IDR 5.06 billion, and Internal Rate of Return of 6%, indicating moderate feasibility.show more

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Details

PISSN
2189-0420
EISSN
2432-5953
Record ID
7449788
Peer-Reviewed
Refereed
Subject Terms
Financial Feasibility
Kayutangan Heritage
Malang City
Parking Building
Created Date 2026.10.19
Modified Date 2026.10.20