Frequently Asked Questions

Omu Creek Estate is a planned residential community intended for people looking to build homes or invest in land.

The estate is exclusively marketed and managed by Selotemna Limited.

Omu Creek Estate covers Eti-Osa LGA, Ibeju-Lekki LGA and Epe LGA.

The land is free from government acquisition and adverse claims. It is covered by a Lagos State Government Allocation.

The available options are:

• Commercial plot: 1,000 square metres
• Standard plot: 500 square metres
• Half plot: 300 square metres

The current outright prices are:

• 1,000 sqm: ₦50,000,000
• 500 sqm: ₦25,000,000
• 300 sqm: ₦15,000,000

Prices exclude applicable taxes. Availability and property information are subject to confirmation.

Yes. Selotemna Limited offers a payment plan with an initial deposit of ₦5,000,000 and the balance spread over six months. Installment plans may attract a premium compared with outright payment.

The following statutory fees apply for legal documentation and physical estate development:

• Deed of Assignment: 5%
• Registered Survey: ₦1,500,000
• Development Levy: ₦5,000,000 per 500 sqm

Documents are supplied at the following payment stages:

• After the initial deposit: Payment Receipt and Contract of Sale
• After full payment for the land: Payment Receipt and Letter of Acknowledgment
• After payment of applicable statutory fees: Deed of Assignment, Survey Plan and Physical Allocation Letter

Planned infrastructure and amenities include:

• Perimeter fencing and a secure gatehouse
• Graded road network
• Drainage system
• Electricity infrastructure
• Recreational green areas

Physical allocation is conducted within 30 days after complete payment for the land and confirmation of the survey fee, upon completion of the Omu Creek Bridge.

After physical allocation and collection of the building-layout guidelines from the estate management, buyers may commence fencing and construction.

Buyers are encouraged to communicate with Selotemna if they experience unexpected financial delays. Prolonged default without notice may lead to contract revocation or plot reallocation, subject to a 20% administrative charge.

Yes. Omu Creek land may be resold to a third party. Selotemna Limited must be informed for security and documentation, and a 10% change-of-ownership fee applies.

Yes. If a buyer discontinues the transaction before full payment, a refund can be processed. A 30% administrative and agency fee will be deducted, and the refund is typically paid within 60 days of the request.