A real estate company in Nigeria, Frontline Homes, has launched Greenland Estate in Ibadan, Ogun State, as a testament to their commitment to making property ownership accessible to all income earners. This milestone comes just five months into their business journey, signalling a significant step forward for the company.
The launch event had Pastor Femi Aladesanmi of Global Harvest Church officially opening the estate. Key figures like Mr Obinna Udensi, the Chief Operations Officer of Frontline Homes, Mr Mobolaji Oluwafemi Bamidele, among others, were also present at the ceremony.
During the unveiling of the new estate, the Managing Director and Chief Executive Officer of the company, Seun Osigbesan, outlined the estate’s layout and plans for the Petra Residences, comprising 40 units of two-bedroom semi-detached bungalows and 20 units of three-bedroom semi-detached bungalows. Osigbesan encouraged attendees to join the initiative aimed at improving living standards in Ibadan.
His address was more than just an outline of the estate’s layout; it was a compelling invitation to be part of a transformative movement as he painted a vivid picture of Greenland Estate’s future, captivating the audience’s imagination and igniting a sense of urgency to seize the opportunity at hand.
Speaking to the Nigerian Tribune, he said that the company was committed to providing affordable housing for all.
“The Greenland Estate offers 600 square meter plots for just N2.2 million, complete with a Certificate of Occupancy (CofO), making homeownership more attainable. This pricing model ensures that everyone, regardless of income, can start their journey towards owning a home.
“As Greenland Estate emerges as a beacon of innovation, it paves the way for a future where every Nigerian can proudly own property. With Frontline Homes leading the charge, the landscape of real estate in Ibadan is set to transform.
“In addition to our standard pricing, we are excited to announce our latest promotional offer; acquire an acre (six plots) for nine million naira instead of N13.2 million, with an initial deposit of three million naira and the balance spread over six months. “This exclusive opportunity further enhances accessibility to prime real estate within Greenland Estate,” he stressed.
