True

baba2ndey: Indeed ur research is not yet complete. There is a developing area along lagos /ibadan express way call "AREPO" d place is superb. D electricity dere is ok at least 18hrs/day and it will even get beter, security is at its peak, there are a lot of fine estate there with mighty buildings among dem are: avana est, yah wahab, al- fridous, praise hill wch i reside, and d king of dem all jornalist phase 1 & 2 Etc. U need to be dere.

omo,all those places na bush mehn. Ive been there before

chemashie: So Gbagada is not part of your research abi? Rubbish!!

Gbagada is gradually getting off the list of desireable places to live in Lagos

Ogudu G.R.A #1

feminine A: I really love ikosi-GRA. vey strategic area. Dont mind having a house there. but i love my ikosi-ketu area o. we have light over 18hours a day

ikosi na very beautiful place,I dont mind having an apartment there

planetuzor: WHERE IS [size=20pt]VGC[/size] ON THE LIST

yeahhh place is chill

Lilimax: What of Okokomaiko and Ajamgbadi ?

I see you

deor03:

Gbagada is gradually getting off the list of desireable places to live in Lagos

Where in ikoyi? There are places that are cheaper than that.

You can get a 2br for 2 to 3mill at awolowo rd, ikoyi.

D_RealGeesam: By the way the average rent in Ikoyi is $3,000 a month. Not yet desirable for those of us still building our mansion at the village

Lake view in festac town is more carried away than some of the above hi-lighted places....but still no place like isashi a symbol of a befitting environment

How did you forget to mention FESTAC TOWN?

What about orile and okokomaiko?

Omole estate, nice place. I like phase 1. Never been to phase 2. But electricity is bad there sha

chemashie: So Gbagada is not part of your research abi? Rubbish!!

Is it not the environment i know very well. Gbagada is rubbish bro because the roads are so bad and cars are finding it very hard to survive that road. Medina Estate,Atunrase Estate,Oke-alo estate etc. So don't even talk about Gbagada oh or i pluck off your eyes

D_RealGeesam: On point. Op u know ur stuff.
Here is a very interesting piece abt banana island (Yuzedo can confirm this i hope)
Culled from forbes.com

If you never heard about the Island, now you
know. Banana Island is Nigeria’s most extravagant
and expensive neighborhood – on par with the
Seventh Arrondissement in Paris, La Jolla in San
Diego, California and Tokyo’s Shibuya or Roppongi
neighborhoods.
The exclusive playground of Nigeria’s obscenely
wealthy, Banana Island is an artificial island built
on reclaimed land in Ikoyi-Lagos. From an aerial
view, the island is actually shaped like a banana,
hence its name. Sitting on 1.6 million square
meters, the sumptuous island is divided into about
535 plots ranging in size from 1,000 square meters
and 3,000 square meters.
Banana Island is a place of unrivalled opulence
and grandeur. It’s an entirely different world from
other parts of the country. It’s a gated community,
and its inhabitants enjoy such luxuries as
underground electrical systems and water supply
networks, 24 hour-electricity supply (the only other
place such privileged is the Nigerian President’s
residence), extremely tight security, good road
layout, a central sewage system and treatment
plant and the well-cherished company of fellow
wealthy folks.
The island is the most expensive place in Nigeria
and one of the most expensive in Africa to own a
house. Property on Banana Island is dollar-
denominated. The average cost of buying a three
bedroom apartment is $2 million. However, if
you’re just looking to hang around the island for
some time, and not to buy property, you can rent
the same apartment for about $150,000 per
annum. But there’s a clause: you must pay for an
initial minimum term of 2 years – in advance. And
there are no refunds. Ever! Also, the tenant is also
mandated to pay a ‘service charge’ of $17,000 per
annum.
A typical plot of land on the island usually goes for
between $4 million and $6 million, and the
cheapest building on the island costs upward of $8
million. But because of the ridiculous prices of
property on the island, about 60% of the
completed buildings are currently unoccupied.
So, who are the people who occupy the land? The
list includes multinational corporations, well-paid
expatriate employees, corrupt government officials;
their concubines (or mistresses), and wealthy
businessmen such as Alhassan Dantata, Kola
Abiola and Nigeria’s newest billionaire, Mike
Adenuga.

but I would prefer staying in Lekki phase1 to Banana Island. Banana island is way too ridiculous. That amount to rent an apartment would buy U a very good condo around Lekki...

Ikeja, surulere, Lekki are still ok but we have a better place like Ikoyi, Gbagada, Ojodu & Magodo

[quote author=pheesayor]How did you forget to mention FESTAC town?

Festac doesnt connect easily with the industrial part of lag. Its faaarrrrr.

For me,it would always be V/I,Ikoyi,lekki phase1 and some other parts in Lekki and maybe Magodo or Omole but its too far. I rep Island anyday

Prowizy2: What of Otuoke?

no be only otuoke na otuisale.

D_RealGeesam: On point. Op u know ur stuff.
Here is a very interesting piece abt banana island (Yuzedo can confirm this i hope)
Culled from forbes.com

If you never heard about the Island, now you
know. Banana Island is Nigeria’s most extravagant
and expensive neighborhood – on par with the
Seventh Arrondissement in Paris, La Jolla in San
Diego, California and Tokyo’s Shibuya or Roppongi
neighborhoods.
The exclusive playground of Nigeria’s obscenely
wealthy, Banana Island is an artificial island built
on reclaimed land in Ikoyi-Lagos. From an aerial
view, the island is actually shaped like a banana,
hence its name. Sitting on 1.6 million square
meters, the sumptuous island is divided into about
535 plots ranging in size from 1,000 square meters
and 3,000 square meters.
Banana Island is a place of unrivalled opulence
and grandeur. It’s an entirely different world from
other parts of the country. It’s a gated community,
and its inhabitants enjoy such luxuries as
underground electrical systems and water supply
networks, 24 hour-electricity supply (the only other
place such privileged is the Nigerian President’s
residence), extremely tight security, good road
layout, a central sewage system and treatment
plant and the well-cherished company of fellow
wealthy folks.
The island is the most expensive place in Nigeria
and one of the most expensive in Africa to own a
house. Property on Banana Island is dollar-
denominated. The average cost of buying a three
bedroom apartment is $2 million. However, if
you’re just looking to hang around the island for
some time, and not to buy property, you can rent
the same apartment for about $150,000 per
annum. But there’s a clause: you must pay for an
initial minimum term of 2 years – in advance. And
there are no refunds. Ever! Also, the tenant is also
mandated to pay a ‘service charge’ of $17,000 per
annum.
A typical plot of land on the island usually goes for
between $4 million and $6 million, and the
cheapest building on the island costs upward of $8
million. But because of the ridiculous prices of
property on the island, about 60% of the
completed buildings are currently unoccupied.
So, who are the people who occupy the land? The
list includes multinational corporations, well-paid
expatriate employees, corrupt government officials;
their concubines (or mistresses), and wealthy
businessmen such as Alhassan Dantata, Kola
Abiola and Nigeria’s newest billionaire, Mike
Adenuga.

60% of bi is empty, making it a ghost town,
Like chernobyl but withouth the nukes.

Ifako-Ogba. Moderate traffic. Generally peaceful area and a very good electricity supply compared to Lagos in general.

Ikorodu GRA Phases 1 & 2 are other upcoming places with good power supply and decent road networks. Also, there is the ferry terminal around the GRA Phase 2 area that offers ferry services straight to VI.

jaymichael: APAPA GRA to me, is better than Ajah, lekki, v.i and its environs. You don't get the problem of flooding associated with those areas. MAGODO phase2 and OMOLE are fantastic places.

Very much on point. That's the only place in Lagos I will like to acquire a residential property.

do u knw aw borin, dull and unintersetin sm1's life kan b staying in d aforemention places??...neva a dull moment here in a.j city..

Interesting.

nutty_hnic:

Where in ikoyi? There are places that are cheaper than that.

You can get a 2br for 2 to 3mill at awolowo rd, ikoyi.

Ya, i know awolowo rd, but it's not as exclusive as places deep in ikoyi (gerrald rd, clover...)
Is the 2-3 million per annum.

D_RealGeesam: On point. Op u know ur stuff.
Here is a very interesting piece abt banana island (Yuzedo can confirm this i hope)
Culled from forbes.com

If you never heard about the Island, now you
know. Banana Island is Nigeria’s most extravagant
and expensive neighborhood – on par with the
Seventh Arrondissement in Paris, La Jolla in San
Diego, California and Tokyo’s Shibuya or Roppongi
neighborhoods.
The exclusive playground of Nigeria’s obscenely
wealthy, Banana Island is an artificial island built
on reclaimed land in Ikoyi-Lagos. From an aerial
view, the island is actually shaped like a banana,
hence its name. Sitting on 1.6 million square
meters, the sumptuous island is divided into about
535 plots ranging in size from 1,000 square meters
and 3,000 square meters.
Banana Island is a place of unrivalled opulence
and grandeur. It’s an entirely different world from
other parts of the country. It’s a gated community,
and its inhabitants enjoy such luxuries as
underground electrical systems and water supply
networks, 24 hour-electricity supply (the only other
place such privileged is the Nigerian President’s
residence), extremely tight security, good road
layout, a central sewage system and treatment
plant and the well-cherished company of fellow
wealthy folks.
The island is the most expensive place in Nigeria
and one of the most expensive in Africa to own a
house. Property on Banana Island is dollar-
denominated. The average cost of buying a three
bedroom apartment is $2 million. However, if
you’re just looking to hang around the island for
some time, and not to buy property, you can rent
the same apartment for about $150,000 per
annum. But there’s a clause: you must pay for an
initial minimum term of 2 years – in advance. And
there are no refunds. Ever! Also, the tenant is also
mandated to pay a ‘service charge’ of $17,000 per
annum.
A typical plot of land on the island usually goes for
between $4 million and $6 million, and the
cheapest building on the island costs upward of $8
million. But because of the ridiculous prices of
property on the island, about 60% of the
completed buildings are currently unoccupied.
So, who are the people who occupy the land? The
list includes multinational corporations, well-paid
expatriate employees, corrupt government officials;
their concubines (or mistresses), and wealthy
businessmen such as Alhassan Dantata, Kola
Abiola and Nigeria’s newest billionaire, Mike
Adenuga.

Ryt frm 360nobs

NICON TOWN

olatunji21: do u knw aw borin, dull and unintersetin sm1's life kan b staying in d aforemention places??...neva a dull moment here in a.j city..

You'll always have quarrels and fights to watch. And little privacy

Phder: Ikoyi! Present sir!!! Best neighbourhood ever, forget Banana Island, it's for expatriates. Come to my axis and see what Lagos really is.

ummmmm but i thought you were American and leaving in America
(¬_¬) ummmm very strange

leavestory: no be only otuoke na otuisale.

This list no complete without Otuoke

opylas:

Ryt frm 360nobs

I stated that it was culled from forbes.com, they own the original article. So chill, we are only sharing information and learning from each other