On the relationship between residential property rental values and infrastructure provision in Abaji City F.C.T, Nigeria / Abass Iyanda Sule

Property value is dependent upon many features related with that property such as physical features of the property: location in relation to accessibility and other neighbourhood infrastructure does affect value. Those attributes are usually provided by the State in the case of a State and Local gov...

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Main Author: Sule, Abass Iyanda
Format: Article
Language:English
Published: Faculty of Architecture, Planning & Surveying and UiTM Press 2013
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/13612/1/AJ_ABASS%20IYANDA%20SULE%20BEJ%2013%201.pdf
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author Sule, Abass Iyanda
author_facet Sule, Abass Iyanda
author_sort Sule, Abass Iyanda
collection UITM
description Property value is dependent upon many features related with that property such as physical features of the property: location in relation to accessibility and other neighbourhood infrastructure does affect value. Those attributes are usually provided by the State in the case of a State and Local governments through their various policies and services. This study focuses on the relationship between residential property rental value and the available infrastructural facilities in residential properties in Abaji, F.C.T Nigeria and analysed their influence in the determination of the rental values of the properties. Data for this work were collected through structured questionnaire and administered based on stratified random sampling (i.e. zones of traditional and non-traditional residences). Data collected for the assessment include, house structural characteristics, inhouse and environmental facilities. Analysis of data was done by factor analysis with statistical package for social science (SPSS 10.0) and excel package. The results depict that; compound houses and bungalows dominate Abaji City which together contributed about 66.1% of the total stock of houses. The study revealed that, there is positive relationship between the type of building and rental value, 36.4% variations in annual rental are predicted by building types and 28.4% variations in annual rent are predicted by the accessibility to houses in Abaji City. Based on the findings, one of the recommendations made is that, building regulations must be in operation or enforced by the appropriate officers of local.
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spelling oai:ir.uitm.edu.my:136122016-05-16T04:45:37Z https://ir.uitm.edu.my/id/eprint/13612/ On the relationship between residential property rental values and infrastructure provision in Abaji City F.C.T, Nigeria / Abass Iyanda Sule bej Sule, Abass Iyanda Infrastructure (Economics). Capital. Capital productivity Nigeria Nigeria Property value is dependent upon many features related with that property such as physical features of the property: location in relation to accessibility and other neighbourhood infrastructure does affect value. Those attributes are usually provided by the State in the case of a State and Local governments through their various policies and services. This study focuses on the relationship between residential property rental value and the available infrastructural facilities in residential properties in Abaji, F.C.T Nigeria and analysed their influence in the determination of the rental values of the properties. Data for this work were collected through structured questionnaire and administered based on stratified random sampling (i.e. zones of traditional and non-traditional residences). Data collected for the assessment include, house structural characteristics, inhouse and environmental facilities. Analysis of data was done by factor analysis with statistical package for social science (SPSS 10.0) and excel package. The results depict that; compound houses and bungalows dominate Abaji City which together contributed about 66.1% of the total stock of houses. The study revealed that, there is positive relationship between the type of building and rental value, 36.4% variations in annual rental are predicted by building types and 28.4% variations in annual rent are predicted by the accessibility to houses in Abaji City. Based on the findings, one of the recommendations made is that, building regulations must be in operation or enforced by the appropriate officers of local. Faculty of Architecture, Planning & Surveying and UiTM Press 2013 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/13612/1/AJ_ABASS%20IYANDA%20SULE%20BEJ%2013%201.pdf On the relationship between residential property rental values and infrastructure provision in Abaji City F.C.T, Nigeria / Abass Iyanda Sule. (2013) Built Environment Journal (BEJ) <https://ir.uitm.edu.my/view/publication/Built_Environment_Journal_=28BEJ=29/>, 10 (2). pp. 1-14. ISSN 1675-5022 https://bej.uitm.edu.my/
spellingShingle Infrastructure (Economics). Capital. Capital productivity
Nigeria
Nigeria
Sule, Abass Iyanda
On the relationship between residential property rental values and infrastructure provision in Abaji City F.C.T, Nigeria / Abass Iyanda Sule
title On the relationship between residential property rental values and infrastructure provision in Abaji City F.C.T, Nigeria / Abass Iyanda Sule
title_full On the relationship between residential property rental values and infrastructure provision in Abaji City F.C.T, Nigeria / Abass Iyanda Sule
title_fullStr On the relationship between residential property rental values and infrastructure provision in Abaji City F.C.T, Nigeria / Abass Iyanda Sule
title_full_unstemmed On the relationship between residential property rental values and infrastructure provision in Abaji City F.C.T, Nigeria / Abass Iyanda Sule
title_short On the relationship between residential property rental values and infrastructure provision in Abaji City F.C.T, Nigeria / Abass Iyanda Sule
title_sort on the relationship between residential property rental values and infrastructure provision in abaji city f c t nigeria abass iyanda sule
topic Infrastructure (Economics). Capital. Capital productivity
Nigeria
Nigeria
url https://ir.uitm.edu.my/id/eprint/13612/1/AJ_ABASS%20IYANDA%20SULE%20BEJ%2013%201.pdf
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