Inside Ibadan’s ₦35 Billion Real Estate Evolution
BY: Landnest Homes And Properties
BY: Landnest Homes And Properties
Monday, September 8, 2025
September 8, 2025
Once viewed as slow-moving and predictable, Ibadan is undergoing rapid transformation.
Between 2020 and early 2025, the Oyo State Government announced it had attracted over ₦35 billion in real estate investment, focused on smart city initiatives, affordable estates, and enhanced infrastructure along key corridors such as the Lagos–Ibadan Expressway.
Here’s how that investment is reshaping the city, and why it matters.
1. Infrastructure Drives Real Estate Value
The upgraded Lagos–Ibadan Expressway and the recently completed Lagos–Ibadan Standard Gauge Railway reduced travel time between cities to less than two hours. This has opened zones like Moniya and Omi-Adio to commuter demand and residential development.
In addition, the Ibadan–Ilorin dual carriageway and ongoing inner-city urban upgrades are expanding access across major suburbs.
Tip: Land near expressway exits or train stations offers unmatched long-term appreciation potential.
Once viewed as slow-moving and predictable, Ibadan is undergoing rapid transformation.
Between 2020 and early 2025, the Oyo State Government announced it had attracted over ₦35 billion in real estate investment, focused on smart city initiatives, affordable estates, and enhanced infrastructure along key corridors such as the Lagos–Ibadan Expressway.
Here’s how that investment is reshaping the city, and why it matters.
1. Infrastructure Drives Real Estate Value
The upgraded Lagos–Ibadan Expressway and the recently completed Lagos–Ibadan Standard Gauge Railway reduced travel time between cities to less than two hours. This has opened zones like Moniya and Omi-Adio to commuter demand and residential development.
In addition, the Ibadan–Ilorin dual carriageway and ongoing inner-city urban upgrades are expanding access across major suburbs.
Tip: Land near expressway exits or train stations offers unmatched long-term appreciation potential.
2. Investors Meet Opportunity Zones
Real estate hotspots such as Moniya, Ido, Ajoda New Town, Akobo, Elebu, and Oluyole Extension are drawing developer attention and improving demand. These areas support a wide demographic, from first-time buyers to students and retirees.
Local listing platforms show current land prices starting from ₦1 million for 500 sqm in Moniya, while areas like Oluyole fetch up to ₦8 million per plot depending on infrastructure access.
Tip: Compare plot sizing and payment flexibility when reviewing listings; documentation and access are major differentiators.
3. Smart City Projects Propel Momentum
A centerpiece of investment is the Blue Sapphire SmartCity Project, launched by the state government near Ibadan’s outskirts. Designed as a hub of sustainability and technology, it integrates renewable energy, green planning, and mixed-use zones across a multi-hectare zone.
That piece alone signals an ambitious shift in how property development joins urban planning.
Tip: Projects with strong government backing offer more predictability and infrastructure delivery.
2. Investors Meet Opportunity Zones
Real estate hotspots such as Moniya, Ido, Ajoda New Town, Akobo, Elebu, and Oluyole Extension are drawing developer attention and improving demand. These areas support a wide demographic, from first-time buyers to students and retirees.
Local listing platforms show current land prices starting from ₦1 million for 500 sqm in Moniya, while areas like Oluyole fetch up to ₦8 million per plot depending on infrastructure access.
Tip: Compare plot sizing and payment flexibility when reviewing listings; documentation and access are major differentiators.
3. Smart City Projects Propel Momentum
A centerpiece of investment is the Blue Sapphire SmartCity Project, launched by the state government near Ibadan’s outskirts. Designed as a hub of sustainability and technology, it integrates renewable energy, green planning, and mixed-use zones across a multi-hectare zone.
That piece alone signals an ambitious shift in how property development joins urban planning.
Tip: Projects with strong government backing offer more predictability and infrastructure delivery.
4. Developers Respond to Demand
Real estate firms, including Landnest Homes and Properties, Tinath Realities, Asimais, and others, are actively launching products across Ido, Moniya, Ajoda New Town, Akobo, Apata, and Elebu. These developments cater to middle-income buyers with flexible payments and junior smart housing formats.
Even Central Ibadan is evolving through residential upgrades, new malls, and mixed-use builds in locations like Bodija and Agodi.
5. Land Documentation Is Improving
Oyo State's land registry unit has accelerated title issuance, layout approval, and excision processing. Suburban areas such as Ido, Egbeda, and Apete now see clearer title chains and faster allocation, a major improvement over previous delays and disputes. Landnest as a company has been taking advantage of this and making sure their clienteles and customers enjoy its full benefits.
This shift doubles as a foundation for mortgage access and bank financing.
Tip: Verified title chains increase resale confidence and open up mortgage pathways.
4. Developers Respond to Demand
Real estate firms, including Landnest Homes and Properties, Tinath Realities, Asimais, and others, are actively launching products across Ido, Moniya, Ajoda New Town, Akobo, Apata, and Elebu. These developments cater to middle-income buyers with flexible payments and junior smart housing formats.
Even Central Ibadan is evolving through residential upgrades, new malls, and mixed-use builds in locations like Bodija and Agodi.
5. Land Documentation Is Improving
Oyo State's land registry unit has accelerated title issuance, layout approval, and excision processing. Suburban areas such as Ido, Egbeda, and Apete now see clearer title chains and faster allocation, a major improvement over previous delays and disputes. Landnest as a company has been taking advantage of this and making sure their clienteles and customers enjoy its full benefits.
This shift doubles as a foundation for mortgage access and bank financing.
Tip: Verified title chains increase resale confidence and open up mortgage pathways.
Who Should Watch Ibadan Right Now
First-time buyers seeking lower land entry costs
Diaspora investors targeting documented, fast-growing suburbs
Developers interested in mixed-use or green estates
Service professionals plugging into the expanding construction ecosystem
What Happens Next in Ibadan Real Estate?
Infrastructure upgrades like inner-city road projects and airport expansion are expected to improve connectivity.
SmartCity expansion and estate delivery will attract more investor activity.
Market confidence may lift prices further, early entry remains the best window.
Who Should Watch Ibadan Right Now
First-time buyers seeking lower land entry costs
Diaspora investors targeting documented, fast-growing suburbs
Developers interested in mixed-use or green estates
Service professionals plugging into the expanding construction ecosystem
What Happens Next in Ibadan Real Estate?
Infrastructure upgrades like inner-city road projects and airport expansion are expected to improve connectivity.
SmartCity expansion and estate delivery will attract more investor activity.
Market confidence may lift prices further, early entry remains the best window.
Final Thoughts
Ibadan’s real estate evolution is deliberate. Between strategic infrastructure, smart city planning, and new housing options, the city is evolving from overlooked to over-achieving.
₦35 billion is not just a statistic. It reflects vision, planning, and growing trust.
If you’re watching for Nigeria’s next real estate frontier, Ibadan is telling a story worth hearing.
At Landnest, we track every investment corridor unfolding in Ibadan. We connect clients to documented, infrastructure-backed opportunities, whether you’re buying to live, invest, or build.
Send “IBADAN” via WhatsApp to speak with a Landnest Official about which of our properties suits you in Ibadan.
Final Thoughts
Ibadan’s real estate evolution is deliberate. Between strategic infrastructure, smart city planning, and new housing options, the city is evolving from overlooked to over-achieving.
₦35 billion is not just a statistic. It reflects vision, planning, and growing trust.
If you’re watching for Nigeria’s next real estate frontier, Ibadan is telling a story worth hearing.
At Landnest, we track every investment corridor unfolding in Ibadan. We connect clients to documented, infrastructure-backed opportunities, whether you’re buying to live, invest, or build.
Send “IBADAN” via WhatsApp to speak with a Landnest Official about which of our properties suits you in Ibadan.
LET’S GET IN TOUCH
The Ultimate Real Estate Investment Provider
Discover the unthinkable return of investment on real estate. We are committed to making this journey a seamless experience for you.
Visit Us at
Head Office:
No 2, Dele Adetoro Street, Bodija Ibadan.
Branch Office:
Suite 101 Block C, Akord Shopping Mall, Along Lekki_Epe, Expressway Bogije, Ibeju-Lekki, Lagos State.
EFCC via its Special Control Unit Money Laundering (SCUML)
We are also accredited by the Real Estate Developers Association of Nigeria (REDAN)
Registered with Corporate Affairs Commission, Nigeria (RC:7080017)
© LandNest Homes & Properties. 2024.
LET’S GET IN TOUCH
The Ultimate Real Estate Investment Provider
Discover the unthinkable return of investment on real estate. We are committed to making this journey a seamless experience for you.
Visit Us at
Head Office:
No 2, Dele Adetoro Street, Bodija Ibadan.
Branch Office:
Suite 101 Block C, Akord Shopping Mall, Along Lekki_Epe, Expressway Bogije, Ibeju-Lekki, Lagos State.
Registered under EFCC via its Special Control Unit Money Laundering (SCUML)
We are also accredited by the Real Estate Developers Association of Nigeria (REDAN)
Registered with Corporate Affairs Commission, Nigeria (RC:7080017)
© LandNest Homes & Properties. 2024.
LET’S GET IN TOUCH
The Ultimate Real Estate Investment Provider
Discover the unthinkable return of investment on real estate. We are committed to making this journey a seamless experience for you.
Visit Us at
Head Office:
No 2, Dele Adetoro Street, Bodija Ibadan.
Branch Office:
Suite 101 Block C, Akord Shopping Mall, Along Lekki_Epe, Expressway Bogije, Ibeju-Lekki, Lagos State.
EFCC via its Special Control Unit Money Laundering (SCUML)
We are also accredited by the Real Estate Developers Association of Nigeria (REDAN)
Registered with Corporate Affairs Commission, Nigeria (RC:7080017)
© LandNest Homes & Properties. 2024.
LET’S GET IN TOUCH
The Ultimate Real Estate Investment Provider
Discover the unthinkable return of investment on real estate. We are committed to making this journey a seamless experience for you.
Visit Us at
Head Office:
No 2, Dele Adetoro Street, Bodija Ibadan.
Branch Office:
Suite 101 Block C, Akord Shopping Mall, Along Lekki_Epe, Expressway Bogije, Ibeju-Lekki, Lagos State.
EFCC via its Special Control Unit Money Laundering (SCUML)
We are also accredited by the Real Estate Developers Association of Nigeria (REDAN)
Registered with Corporate Affairs Commission, Nigeria (RC:7080017)
© LandNest Homes & Properties. 2024.