Despite the lull in the real estate sector in Nigeria, the housing market still experiences occasional exciting moments with developers, confident in the economy and the market with its compelling demographics, put products on the market.
Recently, Design Union, a leading real estate development and lifestyle group, entered the market with two state-of-the-art luxury properties, Eden Heights and Ilupeju Gardens, adding to its real estate projects portfolio in Nigeria.
The properties were unveiled in January 2019 to business leaders, property developers, investors, the media and real estate professionals, thus offering fresh residential and investment opportunities.
Eden Heights is a high-rise development comprising 1, 2, 3, 4, and 5 bedroom apartments on 15 floors. Each apartment comprises well appointed en-suite bedrooms with top-notch facilities, floor to ceiling windows, modern fitted kitchens, spectacular views, swimming pool, lawn tennis court, spa, fitness centre etc. These luxury apartments and penthouses cater to the city’s middle-class and expatriate population.
Nestled at the hub of Victoria Island, it features the exclusive capital club, Ehima cave spa and royal residences with premium hotel rooms and world-class private meeting rooms for top level executives and business owners.
Ilupeju Gardens, a small and intimate estate of mid-rise apartments and maisonettes currently being developed in partnership with the Lagos State Development Property Corporation (LSDPC), sits in the vibrant Lagos mainland and caters to residents in the bustling Oshodi/Ilupeju axis, particularly the Indian and Lebanese expatriate community.
The ambitious project offers a unique technology feature that intersects between real estate and climate safety, deploying planted Neem trees in the environs with a filtering capacity of up to 1000 residents annually.
With these two additions to its pipe of property development projects, Design Union continues to demonstrate its market leadership and commitment to bridging the gap in the supply and demand value chain in the real estate sector.
Building on an investment track record and portfolio size of over $60 million, the organisation champions a new wave of excellence and innovation in property development designed to scale up user experience and attract foreign global capital in Africa.
“In keeping with the vision of solving living conditions in Africa, Design Union has leveraged its creative and project execution expertise in creating Eden Heights, a development whose attention to detail provides a world-class platform for business leaders to live and relax at the same standards found in the leading business cities of the world,” Anthony Aihie, Design Union CEO, explained to BusinessDay.
Continuing, he said, “with investments like this, our mission is to provide an international environment, which over time will indeed become the centre of attraction for international business leaders on the bustling Victoria Island, securing enormous value and returns for patrons while creating a much-needed positive image for the country and local talent.“
Referring to the Ilupeju Gardens project, Aihie noted that the ingenuity of the environmentally sustainable design of Ilupeju Gardens development would redefine the standards in the middle-income housing market when completed in 2021
.
“The projects are welcome developments in Africa’s most populous city where issues of accommodation and population density have been recurring themes among key development players. Investors are encouraged to buy off plans while the property is still green in the market,” Aihie advised.
CHUKA UROKO
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