Pearl Residences Ajiwe Questions and Answers

Pearl Residences Ajiwe Lagos
Pearl Residences offerings
Pearl Residences offerings

Q. What is Pearl Residences?

Pearls Residences is a residential development by a leading real estate property development and management company. 

 

Q. Where is the project located?

The project is situated on Ogombo Road which is an offshoot from Lekki – Epe Expressway by Abraham Adesanya Estate junction. 

 

Q. What is the project’s historical background? 

The project is a fruition of a Public-Private Partnership between two (2) foremost Real Estate Property Development organisations: Lagos State Development & Property Company (LSDPC) and Urban Shelter Limited, aimed at providing affordable and qualitative housing units that integrate family living in eco-friendly and secured environment with relaxation amenities.

 

Q. What are the key features of the project?

The key features of the project may include amenities such as

  • Full interlock internal road and drainage network.
  • Lush green trees and shrubs.
  • Central security system with CCTV-enabled cameras.
  • Dedicated Transformer and power plants.
  • Playgrounds and gym facilities.

 

Q. What Title exists on the Land?

 Certificate of Occupancy vested in favour of Lagos State Development & Property Company (LSDPC).

 

Q. What Title will be issued to subscribers?

Deed of Sub-Lease will be issued to subscribers by Lagos State Development & Property Company (LSDPC).

 

Q. What are the payment terms available for buyers? What is the timeline for completion of project?

The estimated timeline for the completion of the project is 18 months and 12 months on delivery of the unit(s) upon payment of 70% of the Sales Offer price. 

 

The payment terms and options available for buyers 

  •  1 year payment without any penal fees or charges.
  • Over 1 year payment attracts penal fees or charges.
  • Mortgage facility is available with our financial partners.

Q Is the Sales Offer price for complete, semi or carcass finishes?

The Offer price is for a complete finishing of the housing unit which is inclusive of mechanical, and electrical finishes and necessary fixtures and fittings.

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