Posts by Ayobami Oyewole

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Ibadan Real Estate Market to Experience Boom

Ibadan Real Estate Market to Experience Boom

On January 24, 1848, gold was found in Coloma, California. Before this time, California was a little known state with small population and very weak economy. The news of the gold discovery, however, changed the fortune of California for good, propelling it to become the richest state in America.

Ibadan and environs are about to witness similar phenomenon. With the Ibadan-railway network set for completion, we are about to see massive influx of people, work and money flock into Ibadan.  Arguably, the most important sector that will be positively impacted is the real estate sector.

Consequent upon the completion of the Lagos-Ibadan railway project which is slated to commence commuter services by the 1stt quarter of 2019 as recently announced by the Nigerian federal government, an unprecedented increase in housing demands is projected in Oyo State- Ibadan specifically. Read More

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