An Investigation into Users’ Perception and Demand for Sustainable Property in Lagos, Nigeria
Abstract
Objectives: This study investigates users’ perception and demand for sustainable property development in Lagos, Nigeria, with the aim of identifying critical factors that enhance sustainable development and investment decisions. Prior Work: The paper builds on growing research that links sustainable housing with energy efficiency, health promotion, and environmental quality. While existing studies emphasize the technical and economic dimensions of sustainability, fewer have examined how end-users’ perceptions shape demand in emerging property markets such as Lagos. Approach: Using a snowball sampling technique facilitated by estate surveyors and valuers, questionnaires were administered to end-users of 64 sustainable accommodations over a five-week period. Data was analyzed to establish the relationship between perception and demand. Results: Findings reveal that 73.4% of respondents reside in environmentally friendly housing, with cost saving (79.7%), air quality (78.1%), green spaces (78.1%), and water conservation (76.6%) identified as key motivators. A strong positive correlation (r = 0.735, p = 0.001) confirms the statistical significance of users’ perception in influencing demand. Implications: The results highlight the need for developers, policymakers, and investors to align strategies with user preferences to foster sustainable property uptake. Value: The study offers empirical evidence from Lagos, providing original insights into the role of consumer perception in advancing sustainable property development in emerging markets.
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