Property expert and CEO of Harmony Gardens and Estate Development, Dr Saheed Mosadoluwa, has said that property value in the Lekki-Epe corridors will continue to soar while noting that with “Detty December” just around the corner, the race to secure a slice of Ibeju-Lekki’s future was heating up.
He cited Dangote Refinery, Lekki Free Trade Zone, tax credit roads and ongoing Lekki–Epe International Airport as the major catalysts for high property demand within the Lekki-Epe corridors.
The real estate expert noted that the property market was gearing up for a surge in demand with Nigeria’s famous “Detty December” season just a few months away even as he vowed to protect long-term asset value.
He revealed that the Detty December boom is a season that attract tourists, budding investors, international visitors, diaspora families to prime locations in the country while noting that Lagos is the final destination for West Africa’s most lucrative property hub.
He further clarified that the series of real estate activism efforts were geared to sanitise the business environment and complement LASREED effort to make sure investment in real estate becomes safer, especially for Nigerians in the diaspora who are returning home in large numbers.
Mosadoluwa said, “Lagos remains the destination for West Africa’s most lucrative property hub, but all eyes are on the Lekki–Epe expressway corridor, where infrastructure and prime locations are rewriting the rules”.
“Ibeju-Lekki and Epe are at the center of this boom, thanks to mega projects like the Lekki Aviation Town, directly facing the upcoming Lekki–Epe International Airport; The Parliament Estate, directly facing Aiyetoro Govt. Residential Scheme near Pan Atlantic University; and GranVille Estate, strategically located along Eleko Beach Road leading to the Dangote Refinery.
“All these locations are pulling strong interest from diaspora buyers, who make up almost 80% of the market in this season.”
He believed industry analysts had a tougher financing climate pushing buyers toward off-plan deals and flexible payment plans, a move Harmony Gardens and Estate Development Ltd has been quick to capitalise on through its Harmony Renewed Hope Mortgage System and the Ibile Traditional Mortgage System, offering single-digit interest rates over five years.
Speaking further on the development, Dr. Saheed Mosadoluwa said the company is well known for her seven developing estates tagged ‘The Seven Citadels of Joy’ (Ogba-Idunnu), which were designed to bridge the housing gap with genuine land in prime locations and affordable payment structures
He said: “We are not just selling, we are building communities that blend urban living with neighborhood charm.”
