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