What Type Of Tenants Do You Think This Type Of House Is Built For? - Properties (2) - Nairaland
Nairaland Forum › Nairaland General › Properties › What Type Of Tenants Do You Think This Type Of House Is Built For? (24269 Views)
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Lukuluku69(m): 7:53am On May 13 |
Kalulu44:Aside the fact that some students are "Agba pickers" as you described them, Higher institutions will always have students year in, year out. It is almost an endless stream, so why not place your investment strategically and milk it? |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by rafcrown(m): 7:56am On May 13 |
To build any structure in Nigeria is not a joke.You know the prices of building materials.The house is well built and with clear mission in the mind of the owner.The landlord will soon be smiling while critics will be busy with what they know how to do very well. |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by AngelSlay: 7:59am On May 13 |
Honestly, I think your conclusion may be too narrow. At ₦650k starting for a 1-bedroom in Igbesa, that price already filters out a large chunk of regular students, apprentices, and low-income casual workers — especially when you add agency fees, caution fees, service charges, and utility setup. Many average students in places around Igbesa are usually still sharing cheaper apartments, hostels, or staying in face-me-I-face-you buildings. The 30% Chinese casual workers you mentioned are also less likely to be the core target because many of them are often housed by their employers or prefer cheaper shared accommodation close to work sites. That leaves a more realistic target market: students from wealthy homes young working-class “ballers” (both legit and otherwise) middle-level staff working around Agbara Industrial Estate / nearby factories small business owners young couples/families who want newer apartments and can stretch their budget for comfort/status And this is where reality gets interesting: landlords rarely build with morality tests in mind — they build for whoever can consistently pay rent. If a student legitimately has parents funding them, they qualify. If a factory worker earns enough and wants a better apartment, they qualify. If a yahoo boy shows up with complete payment upfront, many landlords unfortunately won’t ask too many questions either. So I’d say the owner is most likely targeting anyone in that upper-income minority within Igbesa/Agbara who values newer housing and can afford it, not strictly “Yahoo boys.” And yes, it may still get filled before July — Nigeria has a way of surprising people with hidden money pockets. But assuming 90% must be fraudsters might be oversimplifying a broader housing demand issue: decent housing is scarce, and people who can pay for comfort will always show up. Kalulu44: |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Greencloud(m): 8:00am On May 13 |
I don't find anything especially attractive about that building. |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Gkay1(m): 8:03am On May 13 |
[quote author=chiboy11 post=139392702]650k for a one bed and you are louding your voice,this cheap cubicle you call a house,what about if we tell you a one bed room is 2.5mil where we reside. Bro the owner is targeting less privilege abeg. Stop deceiving yourself Mr man |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by grandstar(m): 8:08am On May 13 |
Kalulu44:The family of artisans usually go for either a room or a room and parlour. That is their mindset. This is peculiar to Yoruba artisans. I dont know about other tribes. |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by DemonSlayer: 8:09am On May 13 |
Kalulu44:Off-K student hostel |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Sunnydoo: 8:11am On May 13 |
This is a mini barrack. |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Iykenuwa(m): 8:12am On May 13*. Modified: 12:05pm On May 13 |
chiboy11:What kind of empty boasting is this? Do you know people spend your 2.5 per night and don’t talk about it on social media? Do you reside in the seventh heaven? Calling them “less privileged” when there are people who still struggle to pay 10k rent. “Life is in phases, men are in sizes.” |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by HallahGeisher: 8:21am On May 13 |
Make it a complete female hostel, your money will come handy and your property will not be vandalized often |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Pootle: 8:28am On May 13 |
Kalulu44:boss the way you dey hit front page back to back, be like you done dey date senu sister lol. rents are expensive generally now, what pay for my shops are massive i thought my shops wont survive but somehow we paying the rent |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by AKWATGOLD1(m): 8:55am On May 13 |
You have said it all. The new tenants will be Agba pickers "Yahoo guys" and the 10% will be students and normal guys from rich homes. Kalulu44: |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Solofresh2: 9:00am On May 13 |
The environment seems cool though |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Kalulu44(op): 9:03am On May 13 |
Pootle:Hmmm.... Normally I love writing especially societal issues. My current work has given me time and space to put out my thinking in writing. As for the rent thing, I know they're very expensive, I just want to know the targeted tenants such landlords intends having. Knowing full well the area is a slightly open area and can't be compare with main cities. |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Kalulu44(op): 9:04am On May 13 |
DemonSlayer:Sorry bro, what's the meaning. Oh you mean off campus students hostel. Yes it's. |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Kalulu44(op): 9:05am On May 13 |
grandstar:Lolz! You got that right, but why don't you want to say who the targeted tenants are |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by comrChris(m): 9:10am On May 13 |
This is more like students lodge and the rent is still fair considering what’s paid down here in the east. In Ifite, Unizik, new lodges are going for 700 to 800k starting payment, I mean a room self contain. That’s how bad things have become |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Kalulu44(op): 9:14am On May 13 |
AngelSlay:Thanks for your honest analysis, I am wowed. I agree I overstretched with the 90% of Yahoo boys things. But you and I know Igbesa is not fill with majority of the classes you put up there. And sorry about the Chinese workers thing, I meant to say Nigerians working in the companies nearby owned by the Chinese. That from the ones I know here can't afford that. I know landlords don't care who and who rents their house anymore, provided you can pay. So I will still say, majority of Yahoo guys who are students will still own the place. That's where I stay and I know them very well. Once again thanks for your well put down analysis |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Ibehchizzy: 9:21am On May 13 |
chiboy11:Omo I could tell you’re a doll folk |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Pootle: 9:22am On May 13 |
Kalulu44:i get, no place is spared now, every livable town now rent are high my guy who still reside in osun state told me how much he pays for rent i was shocked because when we were schooling there together then rent was damm cheap. the economy realities are changing things nationwide |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by poshestmina(f): 9:23am On May 13 |
I'm very concerned about the "80% percent and agba picker " statement. Not all comfortable people are into scam or stupid lifestyles. 650k divided into 3 close friends can pay for the apartment. No be every student papa poor ![]() |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Mayorsky07(m): 9:37am On May 13 |
Kalulu44: |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Mayorsky07(m): 9:38am On May 13 |
buygala: |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Mayorsky07(m): 9:40am On May 13 |
Kalulu44:Unrelated bro, I just relocated down to this Igbesa to search for job and I’m yet to get one, please should in case there’s any way you can help, I won’t mind 🙏🏻 |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Kalulu44(op): 9:54am On May 13 |
Lukuluku69:Lolz! I'm not talking about the landlords, they already know having a property near a higher institution is an oil well. I'm just imagining who they think or have in mind that can afford them. You and I know and average student can't afford that. |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by sacajawea(m): 9:55am On May 13 |
"Gentle Moi Moi" Is weird stuff Very weird way |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Blunt99: 10:01am On May 13 |
chiboy11:What is the prestige in celebrating extrotion? There are people paying less and living far better than you. Person dry kill you, You dey celebrate am as levels. ![]() Black man, black sense. Tueh! |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Kalulu44(op): 10:06am On May 13 |
chiboy11:Lolz! You don't know what you're talking about. In Igbesa where I stay is what you think that cost is average. Nigerians working for the Chinese companies here, it's not more than two days ago I heard the ten rooms face me and face you house that's opposite where I work and stay is rented by one of the Chinese company where some of their workers stay. The bizarre thing that got me weak is when they start telling me they're living 4 per room. I was gobsmack and at the same time not surprised, cus I see many of them outside till 11pm trying to catch fresh air bcus of how parked they're in a room. Then the apartments in and around my area where mostly students live. I can tell you for a fact that majority of the students are Yahoo guys and they don't hide it at all, infact it's bcus of most of them I made this post. The normal average students that lives in such apartments do so by collaborating with 3 or 4 guys in an apartment. So apart from these group of people, is it now family men and women, and artisans who are struggling to fend for themselves that will pay for such apartment. . Guy I am talking of Igbesa in Ogun state that just opened some few years ago, not Lagos Island or mainland. |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Kalulu44(op): 10:11am On May 13 |
ifeanyinwankwo:Lolz! Which one be stubborn tenants, you want pay 650k go dey do agidi for there |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Kalulu44(op): 10:12am On May 13 |
VenExchangee:Lolz! They're the new style of apartment in Igbesa. Very ok o! |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Kalulu44(op): 10:13am On May 13 |
Dony19:Hahaha, wetin you mean say na face me I slap you house na im post |
| Re: What Type Of Tenants Do You Think This Type Of House Is Built For? by Kalulu44(op): 10:14am On May 13 |
UkoAnnang:Yeah we know that and it's practically all over here in Igbesa close to their only higher institution here. But I am talking of how realistic it's for average students to pay such amount |
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