Abuja's real estate market commands the highest average property prices in Nigeria at ₦182 million per house, driven by its unique status as the Federal Capital Territory, rapid population growth, and severe supply constraints. The city's population is projected to grow from 4 million to over 6 million by 2035, while only 5,000 new housing units were built in 2024—meeting less than 10% of demand. This...
The property market in Jabi, Abuja, has witnessed noticeable shifts over the past year. By examining the average prices of houses for sale in the locality, stakeholders—ranging from potential buyers to real estate investors—can gain valuable insights into market dynamics and emerging trends. The data presented here has been generated using listings from Nigeria Property Centre, and the figures...
Asokoro District, one of Abuja's most prestigious neighborhoods, has shown significant property market dynamics over the past year. This analysis examines both sales and rental trends from January 2024 to January 2025, providing valuable insights for investors, homebuyers, and real estate professionals. Property Sales Market Analysis Houses for Sale in Asokoro Trend The housing market in Asokoro...
The real estate market in Kado, Abuja has shown remarkable dynamism throughout 2024 and into early 2025. Let's dive into the latest trends and what they mean for investors and homebuyers! Houses for Sale in Kado Market Overview: Property Sales Houses for Sale Current Average Price: ₦285,870,000 Price Range: ₦350,000 - ₦1,500,000,000 Available Units: 183 Year-over-Year Growth:...
\BCPG Urges Lagos to Use Tech for Building Safety, the Building Collapse Prevention Guild (BCPG) has urged the Lagos State Government to utilize technology for monitoring building performance and preventing structural failures. This recommendation was made by Mr. Gbolahan Oyelakin, the BCPG Ikeja Cell Coordinator, during an interview with the News Agency of Nigeria (NAN) on Sunday. BCPG Urges...
Lagos plan to aid distressed building renovations, the Lagos State Government has announced a new initiative to support developers and property owners in addressing the issue of distressed buildings. According to Dr. Oluyinka Olumide, Commissioner for Physical Planning and Urban Development, the ministry will provide technical assistance in designing and renovating such buildings, beyond just approving...
first-time property investors in Abuja - Investing in real estate can be a daunting task, especially for beginners, but choosing the right market can make all the difference. Abuja, Nigeria’s capital city, offers a unique opportunity for first-time property investors to enter the real estate market with confidence. From its stable political climate to its booming infrastructure, Abuja is fast becoming a...
The Lagos State Government has committed to delivering Quality Housing Projects for Citizens, ensuring that all ongoing housing developments meet the highest standards and are completed during the current administration. Quality Housing Projects for Citizens During a recent inspection of the Lagos HOMS housing project at Ajara in Badagry, Lagos State Commissioner for Housing, Moruf...
The donation of 50 hectares of land by the Zamfara State government for the development of an affordable housing estate has sparked optimism that more Nigerians, particularly Zamfara indigenes, will soon become homeowners, helping to alleviate the housing deficit in the state.More Real Estate News - Life on the Waters: Inside Makoko Waterside and Lagos Housing Crisis Zamfara Affordable Housing This...
Real Estate Consultant in Abuja Real Estate Consultant in Abuja - Investing in real estate is a significant financial commitment, and the success of your investment often depends on the expertise of a qualified consultant. Whether you're looking to buy, sell, or invest in Abuja's booming real estate market, selecting the right real estate consultant in Abuja is essential. A skilled consultant can guide...