Epe is one of the fastest-growing neighborhoods in Lagos State in terms of land price. This region has grown in popularity amongst land agents in Lagos State, who commonly refer to it as an upcoming hub of Lagos State. 

The area is situated next to the Ibeju Lekki axis, and is up to 67 km away from Lekki Phase 1, a prime area in Lagos State. Despite the length in distance from Lekki Phase 1, these two areas are connected by a major road known as the Lekki-Epe Expressway. Epe also shares a border with the Ijebu-Ode area in Ogun State. 

Overall, land prices in the area have been growing at an incredibly fast rate in the last 5 years. 

One of the major causes of this new shift and focus to this area is the location of some pivotal projects and infrastructures pushed by the State government. These include the new Lekki Free Trade Zone area located in the heart of Epe. The zone is set to have benefits for organizations, such as tax-free operations, amongst others.

 

The full version of this article has now been moved to our curated download center for subscribers. 

Subscribe to ei Pro to read the full Epe Land Price analysis which gives a more in-depth analysis of other market data that we track including; sales prices over the years, growth rate, supply drivers, and information on key contractors who are active in the market.