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102 Close, Banana Island, Lagos, Nigeria

Project Summary

Grade

Luxury

--

sector

residential

Total Size

72 units

view unit breakdown
Status

Under Construction

DATE ADDED

April 2018

COMPLETION DATE

December 2025

The Woodlands is a residential development located at 102 Close, Banana Island, being developed by Joe Faraday Limited.

Banana Island is one of the most prime locations in Lagos State having other luxury developments such as Ocean Parade by Chagoury Group, Bella Vista Borno Street Residence by POCNEC Limited, Parla Di Lusso by Ultimus Holdings, The Address Homes, Banana Island by The Address Homes


The estate development comprises a cluster of 1, 2, 3 & 4-bedroom Flats and 5 & 6-bedroom Detached and Semi-Detached Houses, making a total of 72 units.

Prices of these apartments start from:

  • 1 bedroom apartment -  80,000,000 ($US 194,642.47)

  • 2 bedroom apartment - 109,999,999 ($US 288,941.42)

  • 3 bedroom apartment - 199,999,999 ($US 525,348.04)

  • 4 bedroom apartment - 299,999,998 ($US 788,022.06)

  • 5 bedroom apartment - 649,999,999 ($US 1,707,829.74)

  • 6 bedroom apartment - 750,000,000 ($US 1,829,045.24)


Facilities include:

  • Infinity Swimming Pool with a Children’s Pool and Sunken Lounge Areas

  • Lawn Tennis Court, Squash Court, Basketball Court, and Badminton Court

  • Children’s Playground

  • Tree-lined Communal Spaces and Sitting Areas

  • Function Rooms

  • Meeting Rooms

  • Games Room

  • Gym and Fitness Center

  • 24 Hours Metered Power Supply, and 

  • Reverse Osmosis Water Treatment Plants.


Details on the cause of the collapse and if there were any loss of lives are yet to be confirmed. More updates on the collapse will be communicated once confirmed.

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Building Specifications

number of units

72

floors

3

Units Breakdown

1 Bedroom

Sale Price
₦85,000,000/unit

2 Bedroom

Sale Price
₦112,000,000/unit

3 Bedroom

Sale Price
₦199,999,998.83/unit

4 Bedroom

Sale Price
₦299,999,998.24/unit

5 Bedroom

Sale Price
₦649,999,999.04/unit

6 Bedroom

Sale Price
₦750,000,000.66/unit

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