The Journal
Market intelligence, neighbourhood research and editorial guidance on Lagos real estate.
New developments in Lekki in 2026 span ₦55M three-bedrooms in Sangotedo to ₦350M apartments in Lekki Phase 1, mostly sold off-plan on 12-24 month payment plans. The development name matters less than three things: the developer's delivered history, the title on the land, and whether payments are tied to construction milestones.
Laide Matthews · 17 April 2026 · 3 min read
Off-plan means buying a property before it's built, usually 15-30% cheaper than the finished price, paid in instalments. It works well when the developer is credible — and ends in "stories" when they're not.
Laide Matthews · 14 April 2026 · 4 min read
Off-plan property in Lagos offers real discounts — and real risks. Red flags include: no verifiable land title, no completed projects in the developer's history, vague allocation timelines, pressure for large upfront payments, and resistance to lawyers.
Laide Matthews · 6 April 2026 · 4 min read
Off-plan buying along the Lekki-Epe Expressway remains one of the sharpest ways to enter the corridor — typically 15–30% below completed prices — but only with verified developers. As of late 2026, the strongest activity clusters around Sangotedo/Monastery Road, the Eleranigbe axis, and the airport corridor.
Laide Matthews · 14 March 2026 · 4 min read
Monastery Road is Sangotedo's new development spine — the inland route where the corridor's next wave of estates is rising. As of late 2026, new 2-beds along the axis list around ₦109M–₦115M, 3-bed terraces ₦136M–₦142M, and 4-beds ₦160M–₦190M.
Laide Matthews · 13 March 2026 · 4 min read
Off-plan property in Lekki sells 15-30% below completed prices, with 12-24 month payment plans standard as of late 2026. The discount is real — but only take it from developers with finished, occupied projects you can inspect.
Laide Matthews · 5 March 2026 · 4 min read
New developments in Lekki Phase 1 sell 15-30% above resale prices, with 3-bedroom flats from ₦180-280M and 4-bedroom terraces from ₦460-650M as of late 2026. Most developers offer 12-24 month payment plans.
Laide Matthews · 4 March 2026 · 4 min read
The Dispatch
Market notes, neighbourhood research and selected opportunities. No noise.