The Ikoyi Residential Market Report
What are buyers looking for in Ikoyi?
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.
CWRE’s H1 Report for 2021 gives a holistic view of the Ikoyi Real Estate Residential Market, with a detailed overview of the trends, market posture and opportunities in the prestigious Lagos’ neighbourhood.