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Nairaland Forum / Nairaland / General / Properties / Recession Forces Down Abuja Rent (daily Trust) (25572 Views)
Real Estate Industry Still In Recession - Experts / Aloysius Nnamdi Ikegwuonu "Bishop" Building House In This Recession! / Recession Forces Down Abuja Rent (2) (3) (4)
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Re: Recession Forces Down Abuja Rent (daily Trust) by tunamenga(m): 9:18am On Nov 07, 2016 |
Where I want to bargain with my landlord that 60k is too much for a mini flat. We dey enjoy for Ogbomoso |
Re: Recession Forces Down Abuja Rent (daily Trust) by Hafsat24(f): 9:18am On Nov 07, 2016 |
soniawarmate: The post is not misinforming in anyway my dear..the fact that you probably still pay 250k for a contain in kubwa doesn't mean rents haven't been reviewed by some landlords.. I also stay in kubwa, Arab road to be precise and i can tell you that my rent which we've been paying 600k for 3yrs, for a 2 bedroom flat has now been reviewed to 500k..at our request sha ..not that our landlord loves us so much and decided to tell us one day that he's reduced our rent ..and some of my friends here too..their rent has been been reduced too.. 4 Likes 2 Shares |
Re: Recession Forces Down Abuja Rent (daily Trust) by fpeter(f): 9:26am On Nov 07, 2016 |
I told my neighbours that we should hold a meeting with the landlord and renegotiate our rents. |
Re: Recession Forces Down Abuja Rent (daily Trust) by ammyluv2002(f): 9:47am On Nov 07, 2016 |
Hafsat24:I agree with you. Mine too has been reduced by 100k even most of my friends 2 Likes |
Re: Recession Forces Down Abuja Rent (daily Trust) by ammyluv2002(f): 9:49am On Nov 07, 2016 |
fpeter:This is the right time for you guys. We did same and the landlord accepted immediately |
Re: Recession Forces Down Abuja Rent (daily Trust) by fpeter(f): 10:00am On Nov 07, 2016 |
ammyluv2002: The annoying thing is that most people in my compound act as if they're not bothered by the situation of things. |
Re: Recession Forces Down Abuja Rent (daily Trust) by Hafsat24(f): 10:00am On Nov 07, 2016 |
fpeter:Perfect |
Re: Recession Forces Down Abuja Rent (daily Trust) by Hafsat24(f): 10:04am On Nov 07, 2016 |
fpeter: They are forming ni, so they won't be looked upon as not being able to pay their rent and are now looking for a way out.. Make a move and see, they are probably waiting for that one person to speak up |
Re: Recession Forces Down Abuja Rent (daily Trust) by Nobody: 10:05am On Nov 07, 2016 |
blazer234:am thinking of running away from the town, no money and things are extra expensive couple with the way the government has Increase taxes which has led to some companies shutting down |
Re: Recession Forces Down Abuja Rent (daily Trust) by HAH: 10:39am On Nov 07, 2016 |
As a land lord the only thing I did for my properties in Apo and durumi was to make payment flexible, though my houses were never overpriced. Someone here said he can use N2.5M to built house, well may be he meant mud house, because 2.5 can only do the dpc. A bag of cement is 2200 what of iron rod, sand, electrical, plumbing, tiles, pop etc, what of the land, we are talking of Abuja city centre not even kubwa or lugbe here Truly as someone has mentioned the lack of money has nothing to do with recession but the fact that corruption proceeds have seriously reduced, one of my tenant could not pay his rent of N1.5M after sometime I had a meeting with him open up to me that his salary is 100k but hitherto he makes atleast 500k every month but now all leakages have been blocked the money is now in TSA. 7 Likes |
Re: Recession Forces Down Abuja Rent (daily Trust) by toocoded: 10:45am On Nov 07, 2016 |
ayusco85:Bros! Pple still dey hustle for we Lag nah and e dey make sense, recession no too dey for Lag sha oooo. |
Re: Recession Forces Down Abuja Rent (daily Trust) by jomogua(m): 11:22am On Nov 07, 2016 |
I have a RX 300 for sale @ 1.350m very clean barely a year old good tires and lagos cleared buy and use immediately contact me on 08024129252 Generalyemi: |
Re: Recession Forces Down Abuja Rent (daily Trust) by jomogua(m): 11:25am On Nov 07, 2016 |
I have a RX 300 for sale @ 1.350m very clean barely a year old good tires and lagos cleared buy and use immediately contact me on Generalyemi: |
Re: Recession Forces Down Abuja Rent (daily Trust) by serenegroup(m): 11:29am On Nov 07, 2016 |
soniawarmate:my brother house rent in cool areas like Garki and wuse and maitama is what the op is laying emphasis on not areas like kubwa. long before I read this post, I and one of my client were discussing how his uncle had to reduce the rent on one of his property in Garki 2. so that the property will not lie idle. bros this post is on point |
Re: Recession Forces Down Abuja Rent (daily Trust) by Generalyemi(m): 11:44am On Nov 07, 2016 |
jomogua: thanks... but I am a land surveyor..I need something strong n rugged 1 Like |
Re: Recession Forces Down Abuja Rent (daily Trust) by fpeter(f): 12:00pm On Nov 07, 2016 |
Hafsat24: My sister, i just sold the idea to a close neighbour and immediately she sent everyone a text. To my utter amazement she said they all responded o...lamenting seriously, we have fixed a meeting for Saturday. So they were waiting for someone to make the first move. |
Re: Recession Forces Down Abuja Rent (daily Trust) by Adagba1: 12:00pm On Nov 07, 2016 |
Hafsat24:You are very correct,I live in Kubwa too,the mere fact that you see house to let every where shows that something is happening.Unlike before when tenants are everywhere looking for house,houses are looking for them now. |
Re: Recession Forces Down Abuja Rent (daily Trust) by ashewoboy(m): 12:42pm On Nov 07, 2016 |
repogirl: now we know you stay in an estate. 1 Like |
Re: Recession Forces Down Abuja Rent (daily Trust) by rose54321: 12:53pm On Nov 07, 2016 |
chubbygal: Sorry what area is Efab estate?, is it by stadium side? |
Re: Recession Forces Down Abuja Rent (daily Trust) by HAH: 1:14pm On Nov 07, 2016 |
rose54321: There are about four Efab estate in Abuja, one along karimo road, one near citec and fedral staff hospital, one along apo mech workshops, and one in lokogoma |
Re: Recession Forces Down Abuja Rent (daily Trust) by Hafsat24(f): 1:26pm On Nov 07, 2016 |
Adagba1: I tell you.. |
Re: Recession Forces Down Abuja Rent (daily Trust) by Hafsat24(f): 1:31pm On Nov 07, 2016 |
fpeter: Told ya!!! |
Re: Recession Forces Down Abuja Rent (daily Trust) by Hafsat24(f): 1:33pm On Nov 07, 2016 |
ashewoboy: Na wa you oo |
Re: Recession Forces Down Abuja Rent (daily Trust) by rose54321: 1:41pm On Nov 07, 2016 |
HAH: Thanks. Ppreeciate it. |
Re: Recession Forces Down Abuja Rent (daily Trust) by uzoexcel(m): 1:55pm On Nov 07, 2016 |
1 bedroom in lug be FHA is still 450k... |
Re: Recession Forces Down Abuja Rent (daily Trust) by basilo102: 1:57pm On Nov 07, 2016 |
holatin:The houses are empty, which means people are so poor and can no longer afforrd them and now squat in shanties. It is like you people love poverty. This is bad news in all ramifications |
Re: Recession Forces Down Abuja Rent (daily Trust) by basilo102: 1:59pm On Nov 07, 2016 |
billgatexp:Intelligent observation. SOme zombies are celebrating this as good news. this is a very bad news, middle class is vanishing |
Re: Recession Forces Down Abuja Rent (daily Trust) by taayourty(m): 2:40pm On Nov 07, 2016 |
Its never recession. No slush funds thrown around anymore. |
Re: Recession Forces Down Abuja Rent (daily Trust) by ayusco85(m): 3:23pm On Nov 07, 2016 |
specter: I can't wait for that day o. because am trying to rent an apartment in ajah. I work in lekki. |
Re: Recession Forces Down Abuja Rent (daily Trust) by ayusco85(m): 3:34pm On Nov 07, 2016 |
Sacluxpaint:Whats dat supposed to mean. Must u comment |
Re: Recession Forces Down Abuja Rent (daily Trust) by ayusco85(m): 3:38pm On Nov 07, 2016 |
toocoded: Yes o, lag toh bad, recession or not Lagos is buzzing. But at least na, let d landlords try reduce the rent biko. Money is scarce and they risk losing customers to the mainland. 1 Like |
Re: Recession Forces Down Abuja Rent (daily Trust) by ayusco85(m): 3:40pm On Nov 07, 2016 |
sylvar02:I dey tell you. But God pass them |
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