Property Watch (For Lagos area as at Wed 23-05-12)

Property Watch (For Lagos area as at Wed 23-05-12)

A. Building materials

Dangote cement per bag of 50 kilograms—– N1,900
Burham cement per bag of 50kg—————N1,900
Elephant Cement…………………………………..N1,850

Sandcrete blocks
6 inches sand crete block —N120
9 .. .. .. .. .. —-N140

Sand per tipper load——N12,000
Sharp sand (double)——N22,000
Gravel (Single) ————-N18,000
Gravel (double)—————N22,000

8mm(153) pieces per ton (N125,000
10mm (153) pieces per ton ———-N135,000
20mm (53) pieces————————-N122,000

Timber (hard) 1x1x12————–N1,000
Timber (hard) 2x2x12————–N600
Timber (hard) 2x4x12————-N700

Soft wood


Roofing Sheet
Corrugated iron sheet per bundle————–N10,000
Asbestos 4×8 per piece———————–N1,600
Asbestos (solo)————————————N1,100

B. Landed property

A .Plots of land in Mowe, Ofada, Ibafo
Price: from N450,000 to N1m

B. Acres of land on Oshodi-Apapa Expressway suitable for a mall.

Price: N4bn

C. 2.143 Acres of land at MacDonanld Road, Ikoyi
Price: N1.8b

D. 9,300 sq mts of land with existing properties on off Isaac John, G.R.A, Ikeja
Price: N1 billion

E. 2 hectares of Land in Ikate, Elegushu
. Title: Governor’s Consent
Price: N760m

F. 20 hectares of Land at Okun Ajah, ideal for development of an estate
Title: Governor’s Consent
Price: N650m

G. Land at Oyedele Oguniyi Street, Anthony Village, Lagos with old building present on it.
Title: Certificate of Occupancy
Price: N27m

H. Plots of land at Chevron Area Lekki
Title: Governor’s Consent
Price: N15m

I. A low rise commercial property on Olowu Street, Ikeja
Title: Registered Conveyance
Price: N150m

J. A large Plot of land with 3 buildings on Ikorodu, by Globacom Office; Fadeyi
Title: Registered Conveyance
Price: N150m

Contact: [email protected]