Prindex Properties is excited to develop a residential apartment block of single, double and triple bedroom apartments Johnson street , Yaba, Lagos
Site Location & Market Overview
This location presents an opportunity for optimal returns on Real Estate Investments as recent research from Lamudi Barometer shows that the Lagos Mainland LGA has the highest market pressure for housing in Lagos with demand exceeding supply by 18 times.
The Yaba rental market has the highest demand pressure on both houses (15x) and apartments (30x). This is due to the proximity of the location to the central business node of the state being Ikoyi, Lagos Island & Victoria Island. Also the yaba area is an important transportation and educational hub in Lagos.It also has growing pressure from tech startups.All of these are primary drivers for rental housing in the area1