The island developers had planned to make only detached houses on the island.
Development started in the Southern part of the island.
Its land area is 2,600 square meters and has 6 bedrooms.
Roberta Nouboue is the managing director of Madingwa Real Estate.
He states that the rate of land on this island is NGN400,000 which is equal to USD 1101 per square meter.
Completed in the year 2000, the island houses the country’s richest and most famous families.
The locality boasts of a quiet and peaceful atmosphere which is unlike that of the noisy Lagos.
Most of them are owned by individuals and rented out to tenants who pay NGN25 million to NGN30 million annually.”Linda Ikeji who is a blogger and businesswoman.