Housing deficit: Real Estate Firm launches ‘The Palms & Residences’

Owing to the situation of housing deficit in Nigeria, a Lagos-based real estate development company, Sage Homes, has launched a housing project known as The Palms Resort & Residences, a luxurious, resort-cum- residential upmarket development located in the Lekki Free Trade Zone area of Lagos State.

Vanguard reports that the development, modeled on the iconic Palms Jumeirah in Dubai, covers five hectares of land and features a full range of facilities such as a mini-golf course, swimming pool, a large play area, children’s zone and exquisitely-finished one-bedroom apartments.

Vanguard reports that with a spectacular view of the Atlantic Ocean, the Palms Resort & Residences is, according to Sage Homes’ General Manager, Finance & Administration, Mr. Olawale Amobi, is meant to be a dream getaway destination from the chaotic bustle of Lagos, offering its residents the chance of creating their own personal retreat, amidst lush natural vegetation, picturesque gardens, and outdoor lounges.

He added that the estate’s beautifully lined trees landscaped green area is designed to attract discerning investors and intending residents who desire a good blend of nature and modern living in an upmarket gated community.

Amobi said the Palms Resort & Residences is meant to replicate the features of some of the leading international resort-style residential developments in Nigeria, thereby minimizing the need to travel abroad to experience such modern customised residential developments.

“The Palms Resort & Residences is conceptualised as a perfect blend of nature and modernity with many palm trees and greenery, while the apartments will be equipped with features that would meet the modern lifestyle needs of its occupants,” he said.

According to him, the housing projects, when completed, will be operated as a resort, with world-class facility management services to ensure that residents enjoy uninterrupted power supply, round-the-clock security, and other bespoke services available in the estate, pointing out that the new development could be used for purely residential purposes, corporate retreats, short-let by owners or as holiday accommodation as it will provide discerning residents an alternative to travelling to holiday locations outside the country to get the needed rest from the hustle and bustle of Lagos.

“In addition to the versatility it offers its prospective owners in terms of usage, we also plan to have a mini-golf course, a Country Club and an artificial lake in the estate, giving its residents an amazing array of great lifestyle options and raising the bar in resort-style living in Nigeria,” he noted.

Amobi said the new development which Sage Homes plans to complete within the next two years, is also intended to provide high quality, affordable residential accommodation in the fast developing Lekki Free Trade Zone Area and is situated near the Dangote Refinery, currently under construction as well as the proposed new international airport.

Source: Vanguard