Browsing by Author "Ayoola Adeyosoye Babatunde"

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A Study on the Application of GIS in the Assessment of the Impact of Infrastructure on Residential Value in Minna
(PACIFIC RIM REAL ESTATE SOCIETY, 2015) Ajayi Michael Tolu A; Kemiki Olurotimi Adebowale; Muhammed J K; Adama Unekwu Jonathan; Ayoola Adeyosoye Babatunde
The provision of infrastructural facilities have been established to have direct relevance to the changes that may occur in residential property values. However, various studies have not examined the application of geographic information system to assess the impact of the infrastructure on the property values. In this regard, this study sourced primary data on water as an infrastructure and the coordinates from the selected neighbourhood in Minna using hand held GPS and Kriging done with ARCGIS tool. The regression analysis conducted reveals that water based infrastructure with P value of 0.000 less than .005 p level and has a direct variation on rental value in the Bosso area of Minna. To this end the kriging analysis indicates that the area with darker colours possess more urban infrastructure (water based infrastructure) than those in lighter colours. This implies that the impact of provision of infrastructure that have direct influence on the residents of an area could be monitored with the use of geographic information system. The study therefore recommends the creation of a department in the geographic information system body to enable the use of GIS to monitored infrastructure development and impact on residents to enhance urban governance.
Access to Urban Land in Abuja and Minna: Challenges and way forward
(Department of Science Education, Federal University of Technology, Minna, Nigeria, 2012) Ayoola Adeyosoye Babatunde; Ighalo James I
This study attempts to examine the challenges to land accessibility for urban development using some selected districts in Federal Capital City (FCC), Abuja and neighborhoods in Minna of Nigeria as case study areas. The primary method of data collection employed the distribution of questionnaires to individual land owners, property developers or plot allottees and people who do not own land. Chi - Square test and Likert Scale are statistical tools employed. Findings revealed that in FCC, 43% of the respondents own land while 57% do not own land. 66% of the land owners have developed their lands while 34% have not. In Minna, 61% of the respondents own land while 39% do not own land. About 67.8% of the land owners have developed their lands while 32.2 % of the land owners are yet to develop their lands. In FCC, lack of funds and potable water are the reasons why land owners are yet to develop their lands while inadequate funds is the major reason why respondents did not own lands. In Minna, lack of fund, electricity, access to land and shanty structures around undeveloped plots are the reasons why land owners are yet to develop their lands while inadequate funds and lack of interest are the major reasons why respondents do not own land. The study revealed that there is a significant relationship between the level of income of respondents and land ownership in FCC and Minna. The paper suggests among others that government should ensure payment of appropriate minimum wages, reduction to minimum of various fees paid on allocation and perfection of land titles as well as ensuring safety of lives and properties of the people with the view to accelerating urban development within the study areas.
An Assessment of Challenges to Land Accessibility for Urban Development in Minna
(Department of Geography and Planning Science, Faculty of the Social Sciences, University of Ado-Ekiti, Ado-Ekiti, Nigeria, 2012) Ayoola Adeyosoye Babatunde
Land is a central issue to man’s activities. But as population and affluence grow especially in our urban centers, there is an increase in the demand for land by government, private individuals and corporate bodies. This inevitably brings about the survival of the fittest syndrome and greater number of people in the urban areas still do not have access to formal land for private use regardless of the great powers endowed the state governments by the Land Use Act of 1978 to hold in trust and administer land for the common benefit of all Nigerians. This paper therefore examines the challenges to land accessibility in Minna, Nigeria. Findings revealed that 61% of the respondents own land while 39% do not own land. Out of the respondents that own land, 67.8% have developed their lands while 32.2 % of the respondents are yet to develop their lands. Lack of fund, lack of electricity, lack of access to land and shanty structures around undeveloped plots are the reasons why land owners are yet to develop their lands while Inadequate fund and lack of interest are the major reasons why respondents do not own land. The study reveals that there is significant relationship between the level of income group of respondents and land ownership in Minna. It also reveals that there is significant relationship between holders of certificates of occupancy and their level of income. Finally, the paper suggests that government should ensure provision of infrastructural facilities, payment of appropriate minimum wages and allowances to workers as well as ensuring safety of lives and properties of the people with the view to accelerating urban development at the study area.
An Assessment of the Effect of Coastal Externalities on Residential Housing Prices in Badore, Lagos-Nigeria
(School of Environmental Technology Federal University of Technology Main Campus, Gidan Kwano, Minna, Niger State, Nigeria, 2018) Ayoola Adeyosoye Babatunde; Akande Sheerifdeen Olaide
The paper employed hedonic price model in the estimation of the effect of coastal externalities on the rental value of residential property in Badore community of Lagos, Nigeria. Previous investigations on coastal community property values particularly in the developed economies have revealed that, proximate residential property to coastline areas have presented a worthwhile value to investors across the globe with those residential properties fronting the coastline outperforming those with reasonable distance from the coastline zones. Intrigued by this finding, the current study therefore undertook its investigations from two dimensional perspectives which are to determine if a similar result exists for Badore community, a coastal area in Ibeju-Lekki local municipality of Lagos State. Data was collected from 256 structured questionnaires completed by household heads who are tenants within 500 meters of the coastline in the study area. Model 1A-C accounted for the influence of coastal amenities and other housing attributes on rent. Model 2A-C accounted for the effect of the interaction between coastal amenities/disamenities alongside other housing attributes on rent. The results suggest that for a mean priced home (N224,846) at the mean distance from the coastline (282.96 m), a 1% increase in distance from the coastline would result in a 0.04%or N34.17 increase in rental value. When disamenity was controlled for in the entire- sample hedonic model, flooding further lower house rents in Badore by 0.12% (N94.56) for every 1% decreasing distance to the coastline.
An Assessment of the Impact of Public Infrastructure on Residential Property Values in Minna
(Joint International Conference Editorial Committee, 2016) Ayoola Adeyosoye Babatunde; Ojetunde Ismail; Kemiki Olurotimi Adebowale; Popoola Naomi
This study provides evidence on the value capitalization effect of public infrastructure in Minna. It employs rental transactions and datasets constructed from various secondary sources to provide information on geometric and spatial distribution of 4 groups of public infrastructure. Due to aggregation bias in these data sets, we utilize the quartile procedure to construct aggregate indices which capture the effect of the different infrastructure stock component but not infrastructure quality. The quartiles were used to compute location quotients for 12 a priori neighbourhoods, hence providing the basis for grouping and classifying neighbourhoods into low and high infrastructure neighbourhoods. A tenable statistical justification for this neighbourhood split by infrastructure is the Hodges-Lehman point estimate of shift (Δ) at 95.89 confidence level which is (−3.234,−11.072,−0.339) which revealed that the two classified neighbourhoods (low and high) are different. Findings revealed that geometric and spatial distribution of infrastructure is reasonably uneven across the study area. In addition, marked variability exists in quality of infrastructure between low and high-infrastructure neighbourhoods based on respondents‘ perceptual rating. The conjecture that high-infrastructure neighbourhoods have higher residential property values in contrast with that associated with low-infrastructure neighbourhoods was also found to be plausible. The capitalization effect of public infrastructure is evident in a falling market: high-infrastructure neighbourhoods significantly outperformed low-infrastructure neighbourhoods by N 14470, while in period of soaring property value, high-infrastructure neighbourhoods command N 57305.60 more than the low-infrastructure neighbourhoods. These findings have substantial implications for optimal location of public infrastructure and its capitalization into urban residential property value. To maximize this capitalization effect, policy makers and planners must efficiently allocate public infrastructure across space.
An Evaluation of Post Occupancy of Public Office Buildings in Minna Urban
(Department of Mass Communication, University of Maiduguri, Maiduguri, Nigeria, 2011) Ayoola Adeyosoye Babatunde
Since humans spend more than 90% of their lives inside constructed environments and reasonable percentage of their active time in productive activities in such environments like offices, it is fundamental to know how office environments support workers productivity and how best they are satisfied with these environments. Post Occupancy Evaluation therefore has long been recognised as a method of measuring the performance of a building in use as well as provide information for upgrading or improving existing facilities. It is against this backgound that this work examines post occupancy evaluation of public buildings in Minna, Nigeria. The primary method of data collection was an extensive questionnaire combined with physical observation of office environments. The study reveals that there is no significant relationship between quality of office environment and workers productivity. Finally, the study suggests the involvement of workers at design decisions that affect their offices for there to be an enabling environment and perfect job satisfaction by workers.
Analysis of the Activities of Land Administration Machineries in Abuja and Minna, Nigeria
(International Organisation of Scientific Research, Indian, 2014-02) Ayoola Adeyosoye Babatunde; Kemiki Olurotimi Adebowale; Abdulkareem Sekinat; Fabunmi Foluke Olanike
This study attempts to have a comparative analysis of the activities of land administration machineries in FCC, Abuja and Minna using some selected districts and neighbourhoods as case study areas. Questionnaires were administered to Individual land owners, property developers or plot allottees who own land from ages Eighteen (18) and above as well as interview to some staff of departments of land administration machineries in FCC, Abuja and Minna. Statistical Package for Social Scientists (SPSS), Geometric Mean Model and Linkert Scale were statistical tools employed. Findings revealed that the average growth in land allocations made available to people by government within the study period of 2000 – 2009 in FCC and Minna were191.25% and 29.22% respectively. In FCC, Delay of process and extortion of money by government officials are sufficient reasons why individual land owners will not be willing to process title documents to land. While in Minna, the reasons are Exorbitant Processing Cost, Delay of Process and extortion of money by government officials. The paper suggests among others that land administration officials should abstain from illegal acts during land transactions, government should ensure that adequate income packages are paid to land administration officials and ensures enlightening and educating customary land owners on the need for compulsory acquisition.
Assessment of Households’ Satisfaction with Neighbourhood Facilities in Selected Residential Locations of Minna Urban
(School of Environmental Technology, Federal University of Technology, Minna, Nigeria, 2016) Ayoola Adeyosoye Babatunde; Kemiki Olurotimi Adebowale; Adeniran Ayoade Adeleye; Abdulkareem Sekinat
One of the challenges facing the cities of the world particularly in developing economies is unsustainable nature of housing. And as neighbourhood remains the utmost fundamental environmental unit for dweller’s social platform influencing his or her quality of life, it should be ascribed serious attention. This study examined the effects of seven neighbourhood facilities on households’ satisfaction across six residential neighbourhoods in Minna. Systematic random sampling technique was used to administer questionnaires to the household heads in the study area. Spearman’s rank correlation and multiple regression were statistical tools employed using SPSS Version 16.0 Statistical package. The study revealed a positive relationship between level of households’ satisfaction and neighbourhood facilities considered in F-layout and Bosso Estate with correlation coefficients of 0.689 and 0.529 respectively; positive relationship in Bosso Town, Tunga Lowcost and GRA with correlation coefficients of 0.465, 0.375 and 0.360 respectively; and negative relationship between the variables in Minna Central (-0.033 correlation coefficient). The correlation results confirms the regression analysis which reveals significant relationship (p values < 0.01) between households’ satisfaction and neighbourhood facilities in F-layout (R2=0.501), Bosso Estate (R2=0.230), Bosso Town (R2=0.205), Tunga Lowcost (R2=0.180) and GRA (R2=0.124)) and reverse relationship (p value > 0.01) in Minna Central (R2=0.000). The study recommends that neighbourhood facilities should be augumented with other public facilities and households or community residents should be involved in infrastructure input decisions that affect their neighbourhoods. This will improve residential neighbourhood satisfaction by the residents and also enhance property values.
Assessment of Public Real Estate Investment Performance in North Central Nigeria: A Literature Review
(School of Environmental Technology, Federal University of Technology Minna, 2024) Dodo Zakari U; Nuhu Mohammed Bashar; Ogunbajo Rukayat Adeola; Ayoola Adeyosoye Babatunde
This paper examines the performance of public real estate investments in North Central Nigeria, focusing on their impact on economic development, infrastructure, and social welfare. A comprehensive literature review was conducted, drawing from recent studies on public real estate investment in developing nations. The methodology is a systematic literature review to assess the performance of public real estate investments in North Central Nigeria. Academic journals, government reports, and conference proceedings from the past decade were reviewed to gather relevant information on the subject. A search was conducted using keywords such as "public real estate investment," "North Central Nigeria," "housing development," "infrastructure," and "economic impact." The findings highlight how public real estate investments contribute to job creation, housing development, and infrastructural improvements. However, significant challenges such as inequitable housing distribution, limited access to amenities, and inefficient planning remain. The paper provides insights into how these investments can be better aligned with community needs for improved social and economic outcomes.
Building a Modern Land Administration System in Nigeria
(School of Environmental Technology Federal University of Technology Main Campus, Gidan Kwano, Minna, Niger State, Nigeria, 2016) Kemiki Olurotimi Adebowale; Ayoola Adeyosoye Babatunde; Kuma Shien Stephen; Ojetunde Ismail; Fabunmi Foluke Olanike
Land administration is a significant framework for the management of any nation’s pool of resources and has remained one of the most chatted discourses among urban issues in many developing countries. This paper examines the issues in land administration in Nigeria and other developing countries, looking at the various administrative and legal frameworks in place for an efficient land delivery system. The land administration system in Nigeria is plaque by challenges spanning from policy, institutional and legal frameworks to technical and operational issues which have direct impact on implementation. These challenges emanated from some of the import ideologies that adjustments could not be made upon. The study recommends the reform of policies and the creation of a local integrated land administration system model (LAS) that will accommodate our country peculiarities. Also the development and sustenance of an ICT based professionals and infrastructure that will enhance efficiency in the land information system.
Cadastral Information System for M.I. Wushishi Housing Estate
(International Institute for Science, Technology and Education, United States of America, 2015) Kemiki Olurotimi Adebowale; Odumosu Joseph Olayemi; Ayoola Adeyosoye Babatunde; Popoola Naomi Ijadunola
This study presents the possibilities for efficient implementation of a Cadastral Information System for M. I. Wushishi Estate in a GIS environment. Logical and Physical models for the Cadastral Information System were built and utilized in the creation of the Cadastral Information System using an Entity relationship model.
Community participation in slum upgrading: A key to attainment of inclusive city
(Community Participation Research Group (COPAREG), Federal University of Technology, Minna, Nigeria, 2018) Popoola Naomi Ijadunola; Ojetunde Ismail; Kemiki Olurotimi Adebowale; Ayoola Adeyosoye Babatunde
Urban population explosions in the developing world have been attributed to proliferation and formation of slum particularly as a result of disproportionate provision of basic infrastructure. Infrastructure provision and maintenance has remained one of the major challenges facing the cities, most especially the slum settlements in the developing countries of the world. Inadequate financial resources in tackling many urban challenges have led to partial withdrawal of government from providing and maintaining basic neighbourhood infrastructure in the cities. It is therefore very evident that inclusive city cannot be achieved without effective community participation. It is in view of this that this study examined challenges facing slum settlements, benefits and shortcomings of residents’ participation in upgrading projects and framework for sustainable community participation upgrading project. The study concluded that the meagre community resources of slum dwellers in the face of economic recession are not sufficient to meet the development need of the slum, especially in the area of infrastructure refurbishment. The study, amongst others, recommended adoption of community-driven development approaches in upgrading projects in poor urban communities and adequate resource allocation to projects as effective tools for achieving social inclusion and attainment of desired inclusive city.
Critical Factors Contributing to Rent Arrears in Residential Properties in Minna, Nigeria
(European University of Lefke, Cyprus, 2018) Kemiki Olurotimi Adebowale; Ayoola Adeyosoye Babatunde; Ojetunde Ismail; Ogunbajo Rukayat Adeola; Kuma Shien Stephen
Optimum return appears to be a tangible motive of investors of real estate investments. This motive over the years has been bedevilled by rent defaults by renters of properties in the property sector. This situation, to Property Managers and their Principals is worrisome. It is on this basis that this study attempts to assess the factors influencing rent arrears in Minna residential property market. The study employs data on various aggregate factors such as management subsystem, economic factors, tenancy arrangement, dwelling unit features and external household attributes influencing rent payments. Cluster random sampling was used to administer questionnaire to renters of residential properties in Minna while simple random and purposive sampling techniques were used to administer questionnaires to property managers. Kendall Coefficient of Concordance and Chi-Square were statistical tools used. The result revealed that W = 0.601 which indicated a statistical evidence of a fair association in the ranking of the factors responsible for rent in arrears, while the average rank correlation of factors between all possible pairs of the towns rs = 0.521 indicating a weak agreement to the identified factors. There was evidence of variation among the factors responsible for rent arrears across the areas and the study also found there is no relationship between income level of renters and type of residential accommodation occupied. The implication of the study is that renters develop practical habit that discipline their finances and prioritize the scale of preference to live below their income level.
Determinants of Residential Property Location Choice of Tenants in Bosso and Chanchaga Local Government Areas of Minna, Nigeria
(Faculty of Technology, Obafemi Awolowo University, Ile-Ife, Nigeria, 2020) Ayoola Adeyosoye Babatunde; Kemiki Olurotimi Adebowale; Popoola Naomi Ijadunola; Ojetunde Ismail; Oyedele J B
This study investigates the determinants of residential location choice in Bosso local government area (LGA) and Chanchaga local government area (LGA) of Minna, Niger State, Nigeria. Structured questionnaires were administered on tenants who are household heads in the study area to weigh 15 factors that influence their choice of current homes. The discriminant function analysis was employed. The empirical results exhibit statistically significant and largest discriminant loading of factors such as availability of fence wall and large floor area of apartment (dwelling attributes) and location of property in a particular neighbourhood (neighbourhood attribute) as the determinants of residential location of tenants in the study area. The study therefore recommends that all stakeholders in residential property sector in the study area should ensure that building accommodation details are allocated adequate space to meet the needs of tenants and buildings are fenced before offer for letting. The study also recommends that policy makers and planners should ensure that efforts are geared toward restructuring of the unplanned neighbourhoods in Bosso and Chanchaga local government areas (LGAs) whilst maintaining and improving the available facilities and services in planned neighbourhoods. These to a great extent will proportionately enhance satisfaction and shape the residential location decisions of tenants resulting in maximum investment returns to all residential property investors across all the neighbourhoods in Minna.
Determining Residential Location Choice along the Coastline in Victoria Island, Nigeria Using a Factor Analytical Approach
(Multidisciplinary Digital Publishing Institute (MDPI), 2023-06-12) Ayoola Adeyosoye Babatunde; Oyetunji Abiodun Kolawole; Olukolajo Michael Ayodele; Ullah Safi; Kemiki Olurotimi Adebowale
This paper evaluates how households consider environmental attributes alongside other housing attributes in their residential location decisions along the coastline in Victoria Island, Nigeria. The data were obtained from tenants’ revealed preference surveys where 204 respondents rated 15 identified and most common key factors in the order by which they influence their residential location choices. The factor analytical approach was then applied to understand how these factors influence such decisions. Thus, this study also gives bearing to the factors considered in making policy and/or investment decisions around residential location choice (RLC). The results revealed the presence of four key components with a total variance of 70.76%. Among the components, neighbourhood, critical dwelling cum socio-economic attributes are found to have a significant influence in explaining 39.78% of the variation in the factors influencing the study area’s selection as the residential location choice (RLC) for households. The findings have implications for households’ residential location choices. For residential locations to be equally attractive to tenants, policymakers and urban planners should pay attention to addressing the menace of the neighbourhoods including crime and traffic congestion. Moreover, property owners should respond to tenants’ needs by paying attention to the provision of utility facilities such as portable water and an appropriate mix of toilet/bathrooms to available bedrooms.
Effect of Neighbourhood Crime on Residential Property Values: A Review of Literature
(School of Environmental Technology, Federal University of Technology Minna, 2024) Alake Seye Samuel; Ayoola Adeyosoye Babatunde; Kemiki Olurotimi Adebowale; Sule Abass Iyanda; Ewerem Precious N
The effect of Neighbourhood crime has a detrimental effect on residential property values, often discouraging investment in residential real estate. This paper presents a review of empirical studies on the effect of neighbourhood crime on property values. The purpose of the review is to summarise current knowledge about the influence of neighbourhood crime on residential property value. The literature was rigorously sourced from platforms such as Emerald, ScienceDirect, SAGE, and Google Scholar. The findings reveal a consistent inverse relationship between property crime and residential property values, with higher crime rates leading to decreased housing prices across various geographic contexts, including Europe and developing economies. Proximity to crime hot spots and incidents of burglary and vandalism significantly reduce property values due to safety concerns among buyers. Methodologies such as hedonic pricing models and regression analyses were frequently employed. The review observed the limited focus on the effect of crime on residential property values in developing economies. It is recommended that further research be carried out on the impact of neighborhood crime on residential property values in developing economies to better understand the unique aspects of this social issue. Government and relevant agencies should also focus on this area of study, as it can contribute to promoting sustainable housing solutions that support healthier living environments.
Emphasizing the role of Estate Surveyors and Valuers in land use development towards achieving United Nations’ sustainable development goals (SDGs)
(Nigerian Institution of Estate Surveyors and Valuers, 2016) Kemiki Olurotimi Adebowale; Ayoola Adeyosoye Babatunde; Bature M A; Awolaja G
All human activities take place on land, making land related decisions crucial to national development. The success of private and public organisations depends strongly on the judicious use of land. Over the years, land use in Nigeria has suffered fundamental lapses resulting in deteriorating historical sites, waste, pollution, infrastructural inadequacy, housing deficit, unsecure land tenure for the urban poor, environmental degredation, investment losses and other imbalances in land use. Estate Surveyors and Valuers have tied themselves to their traditional roles, makong their role in land use development less impactful. This paper sets to concisely advance the roles of Estate Surveyors and Valuers in land use development towards achieving United Nations' sustainable development goals (focusing on goal 11 - sustainable cities and communities). The method of investigation is essentially a documentary and analysis of archival records, with a view to identifying the existing gaps in the role of Estate Surveyors in land use development. The roles of Estate Surveyors were identified in the following areas: citizen engagement, accountability, policy reform, service delivery, performance measurement, project financing, infrastructural development and maintenance, housing, valuation, land administration and other areas of concern. The paper concludes by developing strategies in making Estate Surveyors’ roles impactful in land use development and policy formulation towards achieving sustainable cities and communities in Nigeria.
Factors Contributing to Residential Segregation in Nigerian Cities: A Review of Emerging Issues
(School of Environmental Technology, Federal University of Technology Minna, 2024) Ahmed Maimuna L; Ayoola Adeyosoye Babatunde
Residential segregation in Nigerian cities is a complex and multifaceted issue influenced by various socio-economic, political, and cultural factors. This review paper delves into the underlying causes of residential segregation, examining how historical contexts, economic disparities, and urban planning policies contribute to the spatial division of communities. The study adopted an archival approach of data collection from published articles available on Google Scholar, Elsevier, Sciencedirect, and Scopus databases. The selection criteria were thus the research focus, methodology, findings and conclusion alongside the year of publication (2010 – 2023). The main causes of segregation are identified in the study as being income inequality, variety in racial and religious backgrounds, land use regulations, and the legacy of colonial urban planning. It also looks at how rapid rate of urbanisation and population expansion affect housing demand and affordability, emphasising how segregation is worsened by poor infrastructure and inadequate access to affordable housing. Through a comprehensive analysis of existing literature, census data, and case studies from major Nigerian cities, the paper discusses the social and economic consequences of residential segregation, including unequal access to services, educational disparities, and heightened intergroup tensions. The review concludes with strategic recommendations for promoting inclusive urban development, emphasizing the need for equitable housing policies, improved socio-economic opportunities, and community-based approaches to urban planning.
Factors Inﬂuencing Stakeholders’ Decision to Invest in Residential Properties: A Perceptual Analysis of Flood-Risk Areas
(Multidisciplinary Digital Publishing Institute (MDPI), 2023-06-19) Oyetunji Abiodun Kolawole; Amaechi Chiemela Victor; Dike Emmanuel Chigozie; Ayoola Adeyosoye Babatunde; Olukolajo Michael Ayodele
The ground can become saturated during prolonged downpours. If sewers and drains are unable to cope, overflows will be inevitable. This situation could affect properties that are not designed to cope with flood hazards. It is pertinent that property investors should consider flooding and the likelihood of its occurrence when making investment decisions. The question is, “do they?” This study investigates the factors that influence residential property investment decisions in flood-risk areas of the Lagos metropolis. This is achieved by evaluating a range of locational, neighbourhood, structural, market/economic, behavioural, and risk characteristics in the determination of residential property investment choices in areas that are susceptible to flood risk. The data were sourced from private investors and registered real estate agents in the risk areas of Lagos State, Nigeria. Structured questionnaires were used for data collection purposes, and only valid responses were used for the data analysis. The results show that the availability of infrastructural supply, the crime rate in the neighbourhood, and the property location could significantly motivate investors’ decisions with respect to property investment in flood-risk areas. The perception plot shows that behavioural factors have the highest bearing on the investment decisions for private investors, at 4.4, followed by economic factors at 4.0 and locational factors at 3.6. The plot also shows that neighbourhood factors have the highest bearing on the investment decisions for estate agents, at 4.6, followed by economic factors at 4.0 and locational factors at 3.6. This implies that there are various degrees of correlation between the factors examined in this study. It is important to highlight the relevance of the findings for the field and pave the way for future scientific development in flood-risk management.
Factors Influencing Tenants’ Choice of Location of Residence in Bosso Local Municipality, Minna, Nigeria
(Official refereed Journal of the African Real Estate Society, 2019) Oladapo Rashidat Adejoke; Ojo Babajide; Ayoola Adeyosoye Babatunde; Kemiki Olurotimi Adebowale
Residential location choice (RLC) is key to the pattern of urban development in any city. This paper investigates factors influencing the choice of residential location by tenants in Bosso Local Government Area (LGA), Minna. The objective of the paper is to establish the roles played by a variety of housing attributes, and thus the design is an analytical survey. Data was collected from 277 structured questionnaires completed by household heads who are tenants in Bosso LGA neighbourhoods. This data was further investigated through factor analysis to reduce the variety of housing variables to a smaller set of influential components. The results reveal that the principal component in the determination of residential location of tenants is dwelling attributes comprising of the number of bathrooms, number of toilets and number of bedrooms. In addition, the second principal component, named accessibility attributes, plays a modest role with proximity to a secondary school and/or primary school loading very high. The study recommends that property owners should respond to the desires of tenants by paying attention to the provision of the right ratio of bathrooms and toilets to the number of bedrooms. Also, urban planners and policymakers should efficiently allocate educational properties like secondary and primary schools across all the neighbourhoods in the study area. With these recommendations, it is hoped that residential locations across Bosso LGA will be equally attractive to tenants.