...Lead value appreciation Over the last five years, spanning 2020 to 2025, property value in Lagos has spiked to unprecedented levels, with Banana Island’s land leading the pack with 540 percent price increase to reach N3.05 million per square metre. With this, the elite enclave that provides homes for Nigeria’s ultra-rich citizens has reaffirmed its status as the apex of value. It is followed closely by Ikoyi, where land value has appreciated 412 percent to N2.15 million per square metre. Analysts say these areas remain not
...Lead value appreciation Over the last five years, spanning 2020 to 2025, property value in Lagos has spiked to unprecedented levels, with Banana Island’s land leading the pack with 540 percent price increase to reach N3.05 million per square metre. With this, the elite enclave that provides homes for Nigeria’s ultra-rich citizens has reaffirmed its status as the apex of value. It is followed closely by Ikoyi, where land value has appreciated 412 percent to N2.15 million per square metre. Analysts say these areas remain not