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Selotemna, RC 7361086

Omu Creek

A planned residential community for people looking to build homes or invest in land.

Omu Creek

Project overview

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.

Status
Upcoming Project
Opportunity
Land allocation
Title
Lagos State Government Allocation The land is free from government acquisition and adverse claims and is covered by a Lagos State Government Allocation.
Location coverage
Eti-Osa, Ibeju-Lekki and Epe
Pricing

Review the published plot prices.

Current rate

₦50,000 per sqm

Half plot 300 sqm
₦15,000,000
Standard plot 500 sqm
₦25,000,000
Commercial plot 1,000 sqm
₦50,000,000

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

Purchase guide

Open the terms you need to review.

Payment, documentation, infrastructure, allocation, construction, and administrative policies are grouped here to keep the page concise.

Payment plan
Initial deposit
₦5,000,000
Balance
Payable within six months

Installment plans may attract a premium compared with outright payment.

Additional charges
Deed of Assignment
5%
Registered Survey
₦1,500,000
Development Levy
₦5,000,000 per 500 sqm
Documents by payment stage

After the initial deposit

  • Payment Receipt
  • Contract of Sale

After full payment for the land

  • Payment Receipt
  • Letter of Acknowledgment

After payment of applicable statutory fees

  • Deed of Assignment
  • Survey Plan
  • Physical Allocation Letter
Planned infrastructure
  • Perimeter fencing
  • Secure gatehouse
  • Graded road network
  • Drainage system
  • Electricity infrastructure
  • Recreational green areas
Allocation and construction

Physical allocation: 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.

Construction after allocation: After physical allocation and collection of the building-layout guidelines, buyers may commence fencing and construction.

Instalment-default terms

Prolonged installment default without notice may result in contract revocation or plot reallocation, subject to a 20% administrative charge.

Resale and change of ownership

Resale to a third party is permitted. Selotemna must be informed for security and documentation, and a 10% change-of-ownership fee applies.

Refund terms

A discontinued transaction before full payment may qualify for a refund, subject to a 30% administrative and agency deduction. Refunds are typically processed within 60 days of the request.

Take the next step with Omu Creek.

Request an inspection to visit Omu Creek, or call the Selotemna team to discuss the project and your next step.

Submitting an inspection request does not automatically confirm an appointment.

Omu Creek

Select a plot size

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Which plot are you interested in?

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Omu Creek

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