Monday
It appears I may have the answers to the question I
posed last week, about why some properties seem to get snapped up immediately
and others don’t? Some property professionals explained to me, that the
location, good access roads, quality and affordability of the property x affordable
services and good security are the winning formulae for a successful property
outcome. Added is good maintenance, on site customer service, 24 hour power
generation, clean tap running water, effective sewage disposal, and uniformed
security
Properties that are being snapped up before they
are even completed are on estates that have cracked this formulae, thereby
creating a waiting list of clients for future developments by the same
developer.
Tuesday
The rapid deterioration of some side roads along
the Lekki axis is a cause for worry. In order for cars to use the roads,
builders from building sites, use the pot holes to dump all their rubble, so
not only are you navigating pot holes, but you are also at risk of sharp metal
pipes, nails, barbed wire, jagged concrete slabs and pieces of wood damaging
you car. On some of these roads are built the most luxurious homes, with cctv
cameras, electric gates, armed security etc with at least 4 expensive cars
parked in the driveway. Yet no one sees it fit to do anything about the road
outside their gates.
Wednesday
Apartments are springing up all over the place, In
Ikeja, Yaba, Ikoyi, Victoria Island down to the Lekki Free Trade zone. A lot of
these built on land on which stood single dwelling units. The space for car
parking that such dwellings generate, are more often than not, nonexistent, and
if available is so narrow that you may not even fit a tiny car in the space
provided.
Flats/Apartments are being built without much
thought for the demand such multi dwelling units place on the environment. The
drainage , rubbish disposal, number of cars using the compound or surrounding
roads, power provision, where to site generators and diesel tanks, boreholes,
water tanks etc. Serious monitoring of these dwellings needs to take place by
the appropriate agencies, before they turn into slums.
Thursday
About a year ago, I approached a property developer with the hope that
he would allow my company to advertise and mange his units. He explained that a
friend of his had a property company and had already requested the job and out
of obligation he would let him do it. I said I understood and we parted ways.
To my surprise, I received a call from this same developer today, asking if I
was still interested in managing his property and that he also still had a few
vacant units! I was lost for words, but told him I would go and see him to discuss
things a bit more. I really want to know what happened to his friend and the
service contract he had executed so far. No point in RSG taking on work that
has been so badly done, that it will need starting from the beginning again.
Let us wait to see what the outcome is
Friday
Once in a while, I have to fly out/into the country
and am always dismayed by the state of our airport MMA1. It is a shame that it
has the prefix “international” added to it, as it is nowhere near any
international standard that I am aware of though it appears some sort of works
have started, but it all appears uncoordinated.
I landed there a few days ago and the stench of
diesel in the arrival terminal was so strong, I had to cover my nose. The
escalators were broken down, some areas were not lighted, the luggage did not
start coming out for over half an hour, and when they did, it was at snail pace;
the air conditioners were not working. I could go on and on, but I am sure you
get the drift
Until next week
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