TOPSIS Technique for Selecting of Property Development Location

Deny Jollyta

doi:doi:10.11648/j.se.20180601.14

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TOPSIS Technique for Selecting of Property Development Location

Deny Jollyta

Published in Software Engineering (Volume 6, Issue 1)

Received: 8 February 2018 Accepted: 25 February 2018 Published: 20 March 2018

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Abstract

The selection of the location of property development becomes an important thing for the property company. The location must match the company's target. Locations that do not meet the criteria will pose problems such as large costs incurred in development, long construction completion time and marketing difficulties where low consumer interest in property so that the firm must lower the selling price. Therefore the location is selected based on several criteria. Typically, property firms have different location criteria. However, the criteria used concern the structure of the soil to the completeness of the correspondence. In this study, the selection of 3 locations of property development, A, B and C, through a decision support system. A total of 32 predefined criteria are processed using the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method. TOPSIS is one of the decision support methods that can solve multi criteria problems and can produce decisions quickly and precisely. Land data, criteria, alternatives, weighting criteria, survey results and criteria values are internal data used in this system. TOPSIS results show that location A is the best location because it has the highest preference value of 0.6. That is, location A has the shortest distance from the positive ideal solution and the furthest distance from the negative ideal solution.

Published in	Software Engineering (Volume 6, Issue 1)
DOI	10.11648/j.se.20180601.14
Page(s)	20-26
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Property, Location, Decision Support System, Multicriteria, TOPSIS

References

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APA Style

Deny Jollyta. (2018). TOPSIS Technique for Selecting of Property Development Location. Software Engineering, 6(1), 20-26. https://doi.org/10.11648/j.se.20180601.14

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ACS Style

Deny Jollyta. TOPSIS Technique for Selecting of Property Development Location. Softw. Eng. 2018, 6(1), 20-26. doi: 10.11648/j.se.20180601.14

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AMA Style

Deny Jollyta. TOPSIS Technique for Selecting of Property Development Location. Softw Eng. 2018;6(1):20-26. doi: 10.11648/j.se.20180601.14

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@article{10.11648/j.se.20180601.14,
  author = {Deny Jollyta},
  title = {TOPSIS Technique for Selecting of Property Development Location},
  journal = {Software Engineering},
  volume = {6},
  number = {1},
  pages = {20-26},
  doi = {10.11648/j.se.20180601.14},
  url = {https://doi.org/10.11648/j.se.20180601.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.se.20180601.14},
  abstract = {The selection of the location of property development becomes an important thing for the property company. The location must match the company's target. Locations that do not meet the criteria will pose problems such as large costs incurred in development, long construction completion time and marketing difficulties where low consumer interest in property so that the firm must lower the selling price. Therefore the location is selected based on several criteria. Typically, property firms have different location criteria. However, the criteria used concern the structure of the soil to the completeness of the correspondence. In this study, the selection of 3 locations of property development, A, B and C, through a decision support system. A total of 32 predefined criteria are processed using the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method. TOPSIS is one of the decision support methods that can solve multi criteria problems and can produce decisions quickly and precisely. Land data, criteria, alternatives, weighting criteria, survey results and criteria values are internal data used in this system. TOPSIS results show that location A is the best location because it has the highest preference value of 0.6. That is, location A has the shortest distance from the positive ideal solution and the furthest distance from the negative ideal solution.},
 year = {2018}
}

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TY - JOUR
T1 - TOPSIS Technique for Selecting of Property Development Location
AU - Deny Jollyta
Y1 - 2018/03/20
PY - 2018
N1 - https://doi.org/10.11648/j.se.20180601.14
DO - 10.11648/j.se.20180601.14
T2 - Software Engineering
JF - Software Engineering
JO - Software Engineering
SP - 20
EP - 26
PB - Science Publishing Group
SN - 2376-8037
UR - https://doi.org/10.11648/j.se.20180601.14
AB - The selection of the location of property development becomes an important thing for the property company. The location must match the company's target. Locations that do not meet the criteria will pose problems such as large costs incurred in development, long construction completion time and marketing difficulties where low consumer interest in property so that the firm must lower the selling price. Therefore the location is selected based on several criteria. Typically, property firms have different location criteria. However, the criteria used concern the structure of the soil to the completeness of the correspondence. In this study, the selection of 3 locations of property development, A, B and C, through a decision support system. A total of 32 predefined criteria are processed using the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method. TOPSIS is one of the decision support methods that can solve multi criteria problems and can produce decisions quickly and precisely. Land data, criteria, alternatives, weighting criteria, survey results and criteria values are internal data used in this system. TOPSIS results show that location A is the best location because it has the highest preference value of 0.6. That is, location A has the shortest distance from the positive ideal solution and the furthest distance from the negative ideal solution.
VL - 6
IS - 1
ER -

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Author Information

Deny Jollyta

Department of Informatics, Sekolah Tinggi Ilmu Komputer Pelita Indonesia, Pekanbaru, Indonesia

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APA Style

Deny Jollyta. (2018). TOPSIS Technique for Selecting of Property Development Location. Software Engineering, 6(1), 20-26. https://doi.org/10.11648/j.se.20180601.14

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ACS Style

Deny Jollyta. TOPSIS Technique for Selecting of Property Development Location. Softw. Eng. 2018, 6(1), 20-26. doi: 10.11648/j.se.20180601.14

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AMA Style

Deny Jollyta. TOPSIS Technique for Selecting of Property Development Location. Softw Eng. 2018;6(1):20-26. doi: 10.11648/j.se.20180601.14

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@article{10.11648/j.se.20180601.14,
  author = {Deny Jollyta},
  title = {TOPSIS Technique for Selecting of Property Development Location},
  journal = {Software Engineering},
  volume = {6},
  number = {1},
  pages = {20-26},
  doi = {10.11648/j.se.20180601.14},
  url = {https://doi.org/10.11648/j.se.20180601.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.se.20180601.14},
  abstract = {The selection of the location of property development becomes an important thing for the property company. The location must match the company's target. Locations that do not meet the criteria will pose problems such as large costs incurred in development, long construction completion time and marketing difficulties where low consumer interest in property so that the firm must lower the selling price. Therefore the location is selected based on several criteria. Typically, property firms have different location criteria. However, the criteria used concern the structure of the soil to the completeness of the correspondence. In this study, the selection of 3 locations of property development, A, B and C, through a decision support system. A total of 32 predefined criteria are processed using the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method. TOPSIS is one of the decision support methods that can solve multi criteria problems and can produce decisions quickly and precisely. Land data, criteria, alternatives, weighting criteria, survey results and criteria values are internal data used in this system. TOPSIS results show that location A is the best location because it has the highest preference value of 0.6. That is, location A has the shortest distance from the positive ideal solution and the furthest distance from the negative ideal solution.},
 year = {2018}
}

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