Infrastructure investments intended to improve connectivity and stimulate economic growth are increasingly driving up property costs in parts of Abuja, forcing households and small businesses to relocate as rising property values fuel a wave of speculation across the capital.
The Abuja property market is recording strong price growth as infrastructure projects by Nyesom Wike, Minister Federal Capital Territory (FCT) Administration, are increasing the value of previously underserved districts.
New roads, bridges, interchanges and other public infrastructure are driving demand for land and housing, while raising concerns about affordability.
Areas that were once considered far from the city centre, including Katampe, Guzape, Jahi, Karsana, Idu, Lugbe, Kuje and parts of Karshi, are attracting more developers and investors as access improves.
The change is most visible in districts that had little infrastructure a few years ago. Property professionals say road construction has become one of the biggest drivers of land appreciation, with prices rising as soon as major projects begin.
