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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Residential land values and their determinants in high density neighbourhoods of metropolitan Lagos
Author:Oduwaye, LekeISNI
Year:2005
Periodical:Research Review (ISSN 0855-4412)
Volume:21
Issue:2
Pages:37-53
Language:English
Notes:biblio. refs.
Geographic terms:Nigeria
West Africa
Subjects:land
prices
dwellings
neighbourhoods
urban areas
Economics, Commerce
Farms--Valuation
Lagos (Nigeria)
population density
Abstract:This paper examines land values in high density residential neighbourhoods in Metropolitan Lagos, Nigeria. A total of 215 residential neighbourhoods were identified in Lagos, made up of 184 high, 20 medium and 11 low-density neighbourhoods respectively. 27 residential neighbourhoods in the high density class were sampled using questionnaires. Estate surveyors from each neighbourhood were also asked about the values of residential land. The study shows that residential segregation exists in Nigerian cities and the study area. Urbanization and residential land use problems identified include poor level of social and technical infrastructure; poor land and city management system capacity; paucity of planning laws and funding; poor institutional frameworks and political interference. Also, the paper reveals that there are strong relationships between the residential land value variables employed in the analysis, namely rent, cost of purchase of apartment and cost of a plot of land. Infrastructural facilities and economic variables are identified as the two major factors influencing residential land values in the study area. Bibliogr., sum. in English and French. [Journal abstract, edited]
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