The effect of location of university of uyo town/annex campus on residential properties of ikpa road and its environments
Table Of Contents
- <p> The<br>establishment of the University of Uyo in Ikpa Road, Uyo Local Government Area<br>of Akwa Ibom State has brought about real estate development and also has been<br>able to command increase in its rental trends. This study analyzes the impact<br>of the university mostly on the residential properties in the study area. With<br>its objectives being to help identify the various class of population with the<br>study area which tends to affect the rental value. Also to identify the various<br>types of residential properties developed in the study area and finally,<br>determining the rent passing on developed residential properties which in turns<br>helps to analyze the impact of the siting of the University of Uyo on rental<br>value around the study area. The research design used was the before and after<br>which aids in recognizing the changes observed before the university was sited<br>and after it was sited. Questionnaires were handed out to the residents of the<br>area being both the tenants and the landlords who were interviewed orally in other<br>to gather more data. The collected data was presented using simple percentage<br>and analyzed using correlated analysis. It was observed that before the<br>establishment of the university in the area, teaching and nonteaching staff<br>became a large part of the population. It could be observed that before and<br>after the siting of the university, there has been a change in the type of<br>residential properties developed in the area. These developments have led to<br>increase in the rent passing on these properties in the study area. The effect<br>which was grouped into environmental effects, in form of increase in population<br>and land use, economic effect in form of increase in business and commercial<br>effect in form of increase in business and commercial activities. Infrastructural<br>effect in form of better electricity, water supply and transportation network<br>has increased tremendously in the study area. <br></p>
Project Abstract
<p> </p><p><b>Title Page</b></p><p>Cover Page – – – – i</p><p>Certification – – – – ii</p><p>Dedication – – – – iii</p><p>Acknowledgement – – – – iv</p><p>Table of Contents – – – – v</p><p> – – – – ix</p><p>List of Tables – – – – x</p><p>List of Figures – – – – xi</p><p><b>CHAPTER<br>ONE INTRODUCTION</b></p><p>1.1 Background<br>of the Study – – – 1</p><p>1.2 Statement<br>of the Problem – – – 2</p><p>1.3 Aim<br>and Objectives of the Study – – – 3</p><p>1.4 Research<br>Question s – – – 3</p><p>1.5 Scope<br>of Study – – – 3</p><p>1.6 Significance<br>of Study – – – 4</p><p>1.7 Study<br>Area – – – 4</p><p><b>CHAPTER<br>TWO REVIEW OF<br>RELATED LITERATURE</b></p><p>2.0 Introduction – – – 5</p><p>2.1 Property and Property Development – – 5</p><p>2.2Attributes<br>of Property – – – 9</p><p>2.3 Rent and Rental Value – – – 9</p><p>2.4 The Effect of the University location on<br>Property Value – 12</p><p>2.5 Economic Effect of the University of Uyo<br>on its Neighbourhood 14</p><p><b>CHAPTER<br>THREE RESEARCH DESIGN</b></p><p>3.1 Data Collection Analysis – – – 17</p><p>3.2 Data Collection Instrument – – – 18</p><p>3.3 Method of Data Analysis – – – 18</p><p>3.5 Study Population – – – 19</p><p>3.6 Sample Size and Sampling Technique – – 19</p><p><b>CHAPTER<br>FOUR DATA COLLECTION<br>PRESENTATION</b></p><p>4.1 Data Presentation – – – 20</p><p>4.2 Data Analysis – – – 20</p><p><b>CAHPTER FIVE SUMMARY<br>OF FINDING, CONCLUSION AND</b></p><p><b>RECOMMENDATION</b></p><p>5.1 Summary of the Study – – – 31</p><p>5.2 Conclusion – – – 32</p><p>5.3 Recommendation – – – 33</p><p><b>REFERENCES</b></p><p><b>APPENDICES</b></p> <p>Table 1 Building characteristics subdivided into building</p><p>type,<br>size of unit, amenities and maintenance – 12</p><p>Table 2 Distribution of Questionnaires – – 20 </p><p>Table 3 Age of Respondents – – – 21</p><p>Table 4 Sex of Respondents – – – 21</p><p>Table 5 Interest in the Property – – 22</p><p>Table 6 Response on Population Observed in the Area</p><p>before<br>the Establishment of the Institution – 22</p><p>Table 7 Response on Population Observed in the</p><p>Establishment<br>of the University – – 23 </p><p>Table 8 Response on the Types of residential property</p><p>Observed<br>in the Area before the Establishment</p><p>of<br>the University – – – 24</p><p>Table 9 Response on the Types of Residential Properties</p><p>Observed<br>in the Area after the Establishment of</p><p>the<br>University – – – 25</p><p>Table 10 Response on the Rent Passing on the Residential</p><p>Properties<br>Type before the establishment of the</p><p>university<br>1990-1991 – – – 26</p><p>Table 11 Information on the Rent Passing on the Residential</p><p>Properties<br>Type after the establishment of the</p><p>University<br>in the Area ( 2016-2018) – – 26</p><p>Table 12 Rent Passing after the Establishment of the</p><p>University<br>on Residential Properties (2000-2006) – 27</p><p>Table 13 Rent Passing after the Establishment of the</p><p>University<br>on Residential Properties (2007-2013) – 27</p><p>Table 14 Rent Passing after the Establishment of the</p><p>University<br>on Residential Properties (2014-2018) – 28</p><p>Table 15 Response on the Effect of Siting of the</p><p>University<br>Institution on Property Values</p><p>in<br>the Area – – – – 28</p><p>Table 16 Responses on the Infrastructural Effect such as</p><p>Water,<br>Electricity and Transportation Network</p> <br><p></p>
Project Overview