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14 Nigerian Real Estate Predictions For The Year 2015 - Properties - Nairaland

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14 Nigerian Real Estate Predictions For The Year 2015 by Kagawa: 11:46am On Jan 15, 2015
he real estate sector in Nigeria promises to be at its all time high this year. In a bid to provide in-depth understanding of what the real estate market for 2015 may hold, Lamudi Nigeria online real estate giant asked some of the top real estate agents in Nigeria. Here are their predictions for the sector in 2015.

1. Tope Ayodele, MD, Covenant Real Estate “at first quarter, the the purchasing power of people will be low. Because of the naira devaluation the market is presently unpredictable but in the short run the market will boom. The second quarter there will be a considerable rise but unpredictable because of oil price and élections”

2. Emeka Agu, MD, Emeka Agu & Co “we are hoping we have a stable country, with a stable State business will boom and thins will kick off!”

3. Lawal Olaide Tresvant, Business Development, Efficacy Homes Limited “2015 is going to be a wonderful year! Because of the elections period there might not be much cash, but we have a wonderful package for our clients: very affordable housing and new investments as low as N10million”

4. Bala Ishaku, Beverly & Sam: The first quarter is going to be slow for residential but there shall be more interest in the commercial as new businesses are coming up. Elections is a factor but the flip side is there is a lot of trading in property; people selling in the high hand and developers looking to buy. It will kick up after the elections even though the purchase power will be low”

See more: http://thebusinessaim.com.ng/top-14-nigerian-real-estate-predictions-for-the-year-2015/

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