PROPERTY INVESTMENT PERFORMANCE IN NORTH CENTRAL NIGERIA; THE EFFECTS OF INFRASTRUCTURE CONDITIONS INDEX

Abstract

Abstract This study examined the performance of property investment relative to availability of neigbourhood infrastructure in North Central Nigeria. A Frankfort-Nachmias model was applied and arrived at 817 sample size. Descriptive and inferential methods were adopted to analyse the data collected. The result revealed a better performance on property investment in Abuja than Jos and Ilorin and a considerable variation existed in the property investment market across the three cities. The findings showed better infrastructure conditions in Abuja, good in Jos and fair in Ilorin as revealed by infrastructure condition index developed through the scoring analysis and measured in line with the international standard rating. The results indicate that, infrastructure conditions accounted for variation in the rate of performance in property investments in the study area. The study concluded that differences in property investment performance are as a result of available and functional infrastructure. The study recommends that stakeholders in real estate investment sector should consider best property investment decision relative to functional neighbourhood infrastructure for better performance.