Affordability and the Demand for Green Buildings: Evidence from Abuja, Nigeria

Abstract

The study examined the perspectives on affordability and demand for emerging green building concepts in the Abuja real property market. The study population comprised 241 firms of estate surveying and valuation in the Federal Capital Territory, Abuja, being the up-to-date financial list of firms of the Estate Surveyors and Valuers Registration Board of Nigeria for the year 2024. Survey research design was adopted with structured questionnaires administered to 241 respondents. The data obtained were analyzed using descriptive statistics and logistic regression. The findings reveal that affordability variables were among the critical factors that determined demand for green building in Abuja. It was recommended that the government be directly involved in providing green buildings as well as providing a conducive investment environment for investors in order to enhance the affordability of green buildings in Abuja.

Keywords: Affordability, Green building, Demand, Abuja, Estate Surveyors and Valuers