House Rents in Thinkers Corner, Enugu

In recent times house rents in Thinkers Corner, Enugu have continued to increase continuously, partly because of the massive building developments in the neighbourhood and particularly due to the high land value in the area as a result of huge investors and user interest in acquiring plots for many reasons like its nearness to the airport, accessibility (though not entirely tarred roads), proximity to major landmarks in town.

Moreover, Thinkers Corner is fast developing with high-class properties. The good road network, easy accessibility to other neighbourhoods and markets within Enugu urban provided by Enugu-Abakaliki Expressway, coupled with the neighbourhood’s proximity to the Akanu Ibiam International Airport adds to the suitability of the area for its residential use, mainly. With the current dearth of standard residential developments in Enugu generally, properties in Thinkers Corner will attract high market value.

Thinkers Corner is serene and predominantly a medium-density residential area, fast developing with only a handful of undeveloped plots.

Developments in the neighbourhood are of high-quality residential buildings. It is accessible through a network of untarred but motorable roads well sloped to naturally drain off rainwater. Public utility companies for electricity and telecommunication have all extended their services to the neighbourhood.

Another special reason for the rapid preference for Thinkers Corner is the value which the presence of Godfrey Okoye University brings to the area in terms of liveliness, openness, security, human traffic and government and private investors’ intervention in the area. The area is fast becoming a top-choice neighbourhood. Rents in Thinkers Corner are said to be in close competition with that of the popular Zoo estate. Thinkers Corner is one of the most expensive areas in Enugu East Local Government Area as of today.

The minimum and maximum house rents in Thinkers Corner are shown in the table below.

TypeMinimum rent passing (N)Maximum rent passingDemand/preference
4bedroom duplex2,500,0005,000,000Medium
4bedroom bungalow1,000,0003,000,000High
3bedroom flat800,0002,500,000Very high
2bedroom flat500,0001,300,000Very high
1bedroom flat350,0001,000,000Very high
Room self contain200,000300,000High
Tenement house50,000120,000Low

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