The value of a commercial property is mainly determined by its interaccessibility to other land uses; accessibility is a critical component in determining the costs and rewards of any investment. The study is being conducted to investigate the impact of accessibility on the rental values of retail premises. The purpose of this study was to determine the extent to which accessibility affects the rental value of retail premises. The following goals were established: to assess the rent in various locations inside the market from the primary major route. The stratified random sample approach was employed to acquire the data to evaluate if there is a variance in rent and the link between rental value and distance. Data were examined using descriptive statistics and linear regression using SPSS. The data indicated that rent varies within the market as distance increases. It was found that as distance increases to the market, the rental prices of store premises fall, and there is a strong positive linear relationship between distance and rental value. The paper also advised that the government establish market parking space. The government should also give private shop property investors appropriate loans at cheap interest rates to boost investment in this sector.
The Students Industrial Work Experience Scheme (SIWES) is skills and training preparatory program meant to expose students of higher institutions of learning to practical experiences outside their institutions. Quality of the students’ exposure to industrial work experience and unemployment trend of graduates poses a serious threat to institution(s), societies and environment at large. The study examined the performance of Students Industrial Work Experience Scheme in Federal polytechnic Offa, Nigeria. The study adopted a quantitative approach and data were elicited from five years (2014-2018) of National Diploma Students of the seventeen (17) participating departments. Inferential statistics of Two-Way Analysis of Variance and Simple descriptive statistical models were used in the analysis of data. The study revealed the downward trend in the performance of students. The p-values of the mean scores of students in each departments was 0.002 and the mean scores of students on yearly basis of 0.016 were all less than 0.05. The study rejects the null hypothesis and accepts the alternative hypothesis that there is significant difference between the departmental and yearly SIWES scores of students. The result of the Least Significant Difference (LSD) post hoc test revealed that the difference is between all the departments. The study recommended a data pool of relevant training organizations and the development of technology for proper placement of students to improve their skill acquisition and employability.
Mosque valuation is a highly specialized method of real estate appraisal that necessitates not only a detailed understanding of the many concepts and procedures of general appraising, but also an in-depth understanding and expertise in order to arrive at an accurate estimate of market value. Using cross-sectional statistics, this study investigates the reliability of depreciated replacement cost in valuing specialized property. For the purpose of gathering data for this analysis, two separate sets of questionnaires were used. The first questionnaires were distributed to a licensed estate surveying firm in Ilorin, Kwara State. The Mosque Committee, on the other hand, received the other collection of questionnaires. The questionnaire's questions delved into the biographical details of the Registered Estate Surveyors. Descriptive statistics were used to interpret the data. Depreciated Replacement Cost is the most accurate method of valuation of Specialized Property, the Study revealed that, due to the specific nature of Specialized Property, such as the lack of rental evidence, the infrequency with which it is sold or rented, and the fact that it is not commonly used for other purposes. To save valuers a lot of tears, guidelines on unit cost of construction for buildings and depreciation should be made available.
Graduate training is one of the core courses offered in all polytechnics systems in Nigeria, each polytechnic gives orientation programmes and deploys students for industrial training once a year. These processes of pen on paper method throw serious challenges because of time authorization and time frame. Placement of undergraduate students looking for relevant Industrial Training (IT) attachment is becoming worrisome. This research tends to provide a web based solution called Digital Collaborative Framework (DCF) for Students’ Industrial Work Experience Scheme (SIWES) and sustainability in Federal Polytechnic Offa, Nigeria. This is to bridge the gap between educational institutions and the industries subject to training and re-training perspectives. The stakeholders can easily turn DCF into e-administrative tools, then allow students to get industrial placement relevant to their field of studies. The research proposed to develop a productive web application using Codeigniter Php framework. This research will serve as a cloud database to students, staff and other stakeholders and create access to examine, monitor and measure students’ performance at the end of the (SIWES) scheme.
The implementation of land use regulations on commercial property development is extremely important because of benefits abound in it for the society. Ilorin the capital of Kwara state, Nigeria is experiencing influx of many residents which gave rise to series of urban challenges. This paper appraised the implementation of land use regulations on commercial property development in Ilorin, Nigeria. The study adopted survey research design and census method was adopted for the commercial properties and Estate Surveying and Valuation firms in the study area. Questionnaires were distributed to 26 practicing Estate firms in Ilorin Kwara State, 110 and 39 selected landlords / occupiers of commercial properties in Gambari-Ipata-Emir’s road and Government Reserved Area in Ilorin, Nigeria. Out of which 24 questionnaires (92%) and 110 (100%), 36 (92 %) were returned and found useful for the study. Data collected were analysed using descriptive statistics of cross tabulation and inferential statistics of Independent Sample t – Test and test of hypothesis. The research revealed that the p-values were all greater than 0.01 which led to the acceptance of null hypothesis that the level of implementation of land use regulations on commercial property development does not vary in the study area. The study conclude that there were hindrances to effective implementations of land use regulations on commercial property development across the study areas, and if not corrected will continue to affect the welfare of the citizens, ease of commercial activities, will lead to falling in commercial property’s rental value, falling in urban aesthetic value, and an increase in externalities. The study recommended proper government intervention in providing better resources to improve the level of monitoring and enforcement of land use regulations on commercial property development.
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