Analysis of Factors Influencing Commercial Property Development Patterns in Suleja, Nigeria

Abstract

Suleja’s proximity to Abuja, the Federal Capital Territory has positioned it as a strategic urban center experiencing rapid population growth and increased commercial demand. This study explores the key factors influencing commercial property development patterns in Suleja, Nigeria, with a view to informing more structured and sustainable urban development. Respondents for the study were the staff of Suleja Urban Development Board (SUBD) which comprises of several professionals in the built environment, namely; Architects, Urban Developers, Quantity Surveyors, Land Surveyors and Estate Surveyors and Valuers. Data collected were presented and analysed with frequency distribution table, use of mean score and Relative Importance Index. The study indicated that the predominant types of commercial property investments in the study area are retail shops having 43.18%, followed by offices with 30.68%, warehouses are 13.64% while industrial properties used for business purposes are the least having 12.5%. The study further revealed that; Urbanization rate, Increasing Migration of people into the town, Market demand for specific types of commercial properties, Zoning laws and regulations that dictate land use, Accessibility to target market/ customers and Closeness to the nation's capital are the most significant factors influencing commercial property development patterns in Suleja, Nigeria. The study has not only unveils the current state of commercial property development in Suleja but also provides a roadmap for sustainable and inclusive growth. The collaboration between stakeholders, adaptability to changing urban dynamics, and strategic policy adjustments will play pivotal roles in shaping the future of commercial property development in this dynamic Nigerian city