The Impact of Political Regime Transition on Sustainability of Commercial Property in Bayelsa State, Nigeria

Abstract

This study examines the impact of political regime transitions on sustainable commercial property development in Bayelsa State, Nigeria. The objective was to evaluate how regime changes influence sustainable property projects and propose strategies for enhancing policy stability. A mixed-methods approach integrating quantitative and qualitative data was adopted. Structured questionnaires were administered to 178 respondents drawn from government agencies, professional bodies, and investor groups, while semi-structured interviews were conducted with eight (8) key informants to provide contextual insights. Data were analyzed using descriptive statistics and the Relative Importance Index (RII), complemented by thematic analysis of qualitative responses. Findings reveal that regime transitions significantly disrupt project continuity, weaken policy stability, reduce investor confidence, and hinder the enforcement of environmental regulations. The most critical factor is project discontinuity, indicating that leadership changes often result in abandoned or rebranded projects. Other major impacts include lack of policy continuity and declining investor confidence. Mitigation strategies identified include transparent land administration processes, adoption of sustainable construction practices, access to long-term financing, and improved infrastructure and policy incentives. The study concludes that political stability, institutional continuity, and transparent governance are essential for sustainable commercial property development in Bayelsa State. Strengthening legal frameworks, ensuring regulatory consistency, and insulating property development initiatives from political interference are vital for achieving long-term urban sustainability.