{"id":79082,"date":"2020-11-09T15:53:37","date_gmt":"2020-11-09T08:53:37","guid":{"rendered":"https:\/\/konsultan.julizar.com\/highest-and-best-use\/"},"modified":"2026-05-08T11:31:26","modified_gmt":"2026-05-08T04:31:26","slug":"highest-and-best-use","status":"publish","type":"page","link":"https:\/\/www.julizar.com\/en\/highest-and-best-use\/","title":{"rendered":"Highest And Best Use"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"79082\" class=\"elementor elementor-79082 elementor-78303\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c41c903 elementor-reverse-tablet elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c41c903\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;curve&quot;,&quot;shape_divider_bottom_negative&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"true\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M500,97C126.7,96.3,0.8,19.8,0,0v100l1000,0V1C1000,19.4,873.3,97.8,500,97z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fc32605\" data-id=\"fc32605\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-541a46d elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"541a46d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Our service<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-99efbe6 elementor-widget elementor-widget-spacer\" data-id=\"99efbe6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cf72d60 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"cf72d60\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Highest And Best Use<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8ee75a1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8ee75a1\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;none&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-365540e\" data-id=\"365540e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-44e8fe9 elementor-widget-tablet__width-inherit elementor-widget elementor-widget-image\" data-id=\"44e8fe9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.julizar.com\/wp-content\/uploads\/elementor\/thumbs\/2022-121-2-r8sycv2xm8douaw0byqpmx6cocx7xbsux1n9smcftc.jpg\" title=\"2022-121\" alt=\"2022-121\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0b78d4 elementor-widget-tablet__width-inherit elementor-widget elementor-widget-image\" data-id=\"d0b78d4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.julizar.com\/wp-content\/uploads\/elementor\/thumbs\/WhatsApp-Image-2021-08-24-at-10.07.46-1_1638429892-r8sycw0rt2ez5wun6h5c7ext9qsl50wl96ar9wb1n4.webp\" title=\"Opportunities and Challenges of the Real Estate Business in Indonesia\" alt=\"Opportunities and Challenges of the Real Estate Business in Indonesia\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-caeb725\" data-id=\"caeb725\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9fe8a6c elementor-widget elementor-widget-heading\" data-id=\"9fe8a6c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Highest and Best Use Study (HBU) Consultant<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6dd612 elementor-widget elementor-widget-spacer\" data-id=\"b6dd612\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ce07c2 elementor-widget elementor-widget-text-editor\" data-id=\"3ce07c2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>What is the Meaning of Highest and Best Use<\/h2><p>Highest and best use (HBU) is a concept in real estate that refers to the best value-added use for a property, regardless of its actual and current use, provided it is physically possible and financially feasible.<\/p><blockquote><div><strong>JULIZAR<\/strong> is well-trained and experienced in conducting highest and best use studies focusing on four main factors: legal permissibility, physical possibility, financial feasibility, and maximum productivity.<\/div><\/blockquote><p>We understand that property value and its use are closely linked, so the highest and best use is that which results in the highest value for the present and generates the greatest net return over a certain period or for the foreseeable future. We also consider the impact of the surrounding environment, competitive forces and local politics, as well as the timing of potential property development.<\/p><p>A large number of our clients, especially real estate developers and state-owned enterprises (BUMN), possess underutilized buildings and thus do not benefit from the land.<\/p><blockquote><p>We can assist you in creating highest and best use studies. The results of our research can help address your concerns before commencing construction.<\/p><\/blockquote><p>We offer highest and best use studies for various office, retail, industrial, and land properties throughout Indonesia. Highest and best use analysis can be completed as a standalone project.<\/p><h2>Highest and Best Use Study<\/h2><p>The <a href=\"https:\/\/konsultan.julizar.com\/en\/services\/highest-best-use\" target=\"_blank\" rel=\"noopener\">highest and best use<\/a> of a property refers to the probable use of vacant land or an improved property that is physically possible, appropriately supported, and financially feasible, resulting in the highest value.<\/p><p>A highest and best use study seeks to identify which use will provide maximum value to a vacant plot or an improved plot of land.<\/p><p>The highest and best use analysis for a specific property must meet certain criteria that flow sequentially. The general order is:<\/p><ul><li>Legally permissible<\/li><li>Physically possible<\/li><li>Financially feasible<\/li><li>Maximally productive<\/li><\/ul><p>The sequence of legally permissible and physically possible can be applied in any order. However, a potential use must meet both of these requirements before moving on to the financially feasible or maximally productive analysis.<\/p><p>This means that uses not legally permitted by zoning or other restrictions, or those that are physically impossible due to site or building limitations, will not be considered for financial feasibility.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-df3108a elementor-widget elementor-widget-spacer\" data-id=\"df3108a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8fea571 elementor-widget elementor-widget-spacer\" data-id=\"8fea571\" data-element_type=\"widget\" data-e-type=\"widget\" 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Highest and Best Use Study (HBU) Consultant What is the Meaning of Highest and Best Use Highest and best use (HBU) is a concept in real estate that refers to the best value-added use for a property, regardless of its actual and current use, provided it is physically possible&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":121,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-79082","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.julizar.com\/en\/wp-json\/wp\/v2\/pages\/79082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.julizar.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.julizar.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.julizar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.julizar.com\/en\/wp-json\/wp\/v2\/comments?post=79082"}],"version-history":[{"count":0,"href":"https:\/\/www.julizar.com\/en\/wp-json\/wp\/v2\/pages\/79082\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.julizar.com\/en\/wp-json\/wp\/v2\/media?parent=79082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}