Our services

Asset valuation services for private, government, or commercial entities throughout Indonesia.

Highest and Best Use (HBU) Analysis

Highest and Best Use (HBU) Analysis is a professional assessment conducted by KJPP to determine the most optimal use of a property or land—the use that delivers the highest value while remaining legally permissible, physically possible, financially feasible, and maximally productive.

What HBU Analysis by KJPP Covers

1. Legally Permissible
   Reviews zoning regulations, spatial plans (RTRW), land titles, building permits, and other legal constraints to identify allowable uses.

2. Physically Possible
   Evaluates the property’s physical characteristics—location, land size, shape, topography, access, infrastructure, and environmental conditions.

3. Financially Feasible
   Analyzes market demand, development costs, operating income, risks, and return expectations to ensure the proposed use is economically viable.

4. Maximally Productive
   Determines which feasible alternative yields the highest land or property value, forming the basis for investment or development decisions.

Why Clients Use HBU Analysis

• Strategic planning for development or redevelopment

• Investment decisions and portfolio optimization

• Financing and credit assessments

• Asset optimization and land utilization

• Support for valuation, feasibility studies, and dispute resolution

Output You Receive

KJPP delivers a formal, independent HBU report aligned with Indonesian valuation standards (MAPPI/KJPP), including scenario analysis, assumptions, and a clear conclusion on the optimal use and its value implications.