Over the last five years, Ogun State in Nigeria has experienced a remarkable transformation that has made it a top destination for investors looking for high returns and sustainable growth. Driven by the motto “ISÉỲ,” this rapid development has resulted in the completion of over 500 kilometers of roads, the construction of the multibillion-naira Gateway International Airport, and significant advancements in health, education, housing, and agriculture. These developments have positioned Ogun State as a beacon of progress and an appealing hub for astute investors. Building on the success of Kings Court Phases 1 and 2, as well as Prince Court Estate, which together contain over 400 fully sold-out units, a new ground-up development called PMB Estate is set to redefine luxury living in Ogun State.
In a statement to the media, Prince Farooq Adenugba, an aide to the Governor and a seasoned real estate consultant, emphasized the strategic vision behind the PMB Estate: “The PMB Estate is more than just a housing project; it is a strategic initiative by His Excellency, Prince Dapo Abiodun, to create one of the most green and sustainable living spaces in the whole of South-West Nigeria.” This state-of-the-art residential city blends contemporary architecture, breathtaking scenery, and top-tier infrastructure, embodying the commitment of the Ogun State Government, led by governor Dapo Abiodun, to provide exceptional value for both residents and investors.
With its verdant natural landscapes, sweeping panoramic views, and exceptional infrastructure, it rivals and even exceeds the International Institute of Tropical Agriculture (IITA) in Ibadan. The PMB Estate is located in the center of Abeokuta along the Sagamu Expressway and offers a variety of opulent 4-bedroom homes, including fully and semi-detached duplexes. These elegantly and sophisticatedly designed homes are outfitted with cutting-edge amenities and first-rate infrastructure.
The opulent 900 square meter fully detached houses feature four exquisitely designed ensuite bedrooms with a BQ, an opulent master bedroom complete with a walk-in closet, roomy and sophisticated living and dining areas, a sizable terrace for leisure and entertainment, a family lounge, guest restrooms, and a study. The semi-detached duplexes, which range in size from 460 to 500 square meters, have comparable features, with the exception of the study.
“Many Ogun State sons and daughters as well as Nigerians living abroad who are thinking about making investments back home but are hesitant to build a home in a crowded and dirty city are the target market for PMB Estate.
These are the folks who value security, accessibility, and the legitimacy of their investment—all of which PMB Estate ensures—and who want for a breath of pure, natural air, Adenugba continued.
The PMB Estate has a number of amenities that are intended to improve inhabitants’ quality of life. These consist of roomy and sophisticated apartments, well-built road networks with street lights, beautifully landscaped green spaces, dependable clean water supplies, effective waste management systems, a 24-hour power supply, a clubhouse, a children’s playground, a sporting center, plenty of parking, and first-rate security in a gated community.
Because of its advantageous location, PMB Estate is a great option for families and professionals as it offers quick access to major cities and business centers.
The estate provides a calm and safe living environment, far enough from the hustle and bustle of cities to allow for easy commuting.
The Wole Soyinka Train Station is 15 minutes away by car, Government House is 7 minutes away, Lagos is 30 minutes away, the Abeokuta Golf Course is 12 minutes away, and Ogun Tech Hub is 2 minutes away. These are some of the location’s features.
The estate acts as a gateway to Lagos and other important Nigerian cities and is close to the city core, respectable schools, and medical facilities.
“Investing in PMB Estate is a secure and promising opportunity. At the moment, the project is 80 percent complete, and buyers can purchase directly from the Ogun State Government through the Ogun State Property Investment Corporation (OPIC). Each subscriber will receive a Deed of Assignment backed by a Certificate of Ownership, guaranteeing investment security,” Prince Adenugba said. The Ogun State Government is offering the first few units at a heavily discounted price, with fully detached houses priced at N165 million and semi-detached houses priced at N125 million. Ogun State Gateway Mortgage Bank is also offering flexible payment plans and mortgage options.”
In the words of Governor Dapo Abiodun, “PMB Estate is just one of the many vehicles through which the vision for an industrialized and developed Ogun State is being actualized.” This initiative underscores the government’s unwavering commitment to creating a prosperous and sustainable environment for all its residents and investors.