Developers switch gear on Abuja’s housing market

The property market in Abuja seems saturated with new and empty buildings, but the developers are taking the city’s real estate notches further to meet clients’ needs. Some 47 duplexes and six apartment units opened up in Abuja recently to meet market needs confirm this. The apartments, named The Bridge Peridot, sit on four hectares […]

The property market in Abuja seems saturated with new and empty buildings, but the developers are taking the city’s real estate notches further to meet clients’ needs.

Some 47 duplexes and six apartment units opened up in Abuja recently to meet market needs confirm this.

The apartments, named The Bridge Peridot, sit on four hectares of prime real estate in Mbora District of the FCT.

Hall 7 Real Estate, the firm behind the construction, said it spent two years to finish construction of the apartments and townhouses.

All the apartments were  sold out even before they were formally opened last week, sources said.

The apartments are meant to be fully residential.

“On the rooftop is the gym and racing track. In the basement you have swimming pool, squash, bowling alley and golf simulator,” said Kelechi Onadike, Head of Investment Advisory at Hall 7.

Hall 7 named other projects it has delivered to include Imperial Visita, a 216-unit apartment for staff of NNPC in Kafe, Abuja.