Hectares of Diamond Phase 2 estate is located by Pennek Drive, off Cardinal Anthony Olubunmi Okogie (Monastey) road, Novare Mall junction, Sangotedo, Lagos. This estate is owned by Pwan Homes Limited.
The location of this estate is one of the most sought after in Sangotedo. Hectares of Diamond Phase 2’s distinct neighbours include The Annex Lekki Southern Villa by Pennek, New Audaces by CMB Building, Flourish Residence by RevolutionPlus, Novare Mall and Emperor Estate.
At the time of our visit, the estate which is partially fenced was seating on a yet-to-be sand-filled swampy land, except for the entrance area and a walkway which have been sand-filled (probably to enable easy access by investors to inspect the property). Most estates around this location share similar land texture and buyers must be ready to sand-fill their properties if the real estate company that owns the estate is not obligated to do so. Buildings will also require solid foundation of up-to 3 to 4 raft slabs as the area is equally surrounded by canal.
There were no construction work ongoing in the estate at the time we visited. At this time, the property is still selling for Eight Million, Five Hundred Thousand Naira (N8,500,000) per 600sqm with a discount of 10% for outright payment. No installment plans for this estate were made available but a flyer on the company’s official website stated that “Outright Payment can be done in 3 months.”
The documentation available for the Hectares of Diamond Phase 2 estate according to Pwan Homes are Survey Plan and Excision only which can be found on the company’s official website.