The Ikoyi Residential Market has remained very healthy and resilient despite uncertainties that have followed the pandemic and economic crises. The Half-year witnessed a lot of activity with real demand for detached homes in Ikoyi and an unprecedented absorption rate for this property sub-asset class. The market was also characterised by heavy competition in the short-let submarket, with both private and corporate players entering the market. Also, apartments in Ikoyi are gradually being converted to executive residences with demand for corporate luxury residences on the rise.