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Sujimoto’s One Billion Naira Project Revealed

Sujimoto boss, Sijibomi Ogundele has raised the bar in the real estate sector as his Sujimoto Construction has just raised over N1 billion from local investors for its ongoing mystery project in Banana Island, Lagos.

Sujimoto boss, Sijibomi Ogundele

The fact that such a low-key project could raise such a substantial investment completely from local investors has lent credibility and confidence to the Nigerian Real Estate Industry.

Insiders revealed that the project, which has been kept a secret by Sujimoto boss, Sijibomi Ogundele, is a development of extremely luxurious Terrace houses in the heart of Africa’s most expensive neighbourhood. The name and full description of this ongoing project are still unknown.

However, a reliable source revealed that it will be an iconic project that surpasses the extravagant cliché of homes in Banana Island. A home with 2 massive master bedrooms, 2 luxury and contemporary kitchens – wet and dry, 2 standard maid’s rooms and a private elevator in each units – first of its kind.

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It is not surprising to find a home that encompasses these unique and groundbreaking standards and the wheels of execution is being steered by Sujimoto as they are known for such innovative feats.

As expected, concerns are rising from the public on the ‘Price Tag’ on this property. People are pondering restlessly on how ridiculously expensive this project will be. For certain, most of the projects in Banana Island sell between 250 Million and 500 Million for a Terrace house, but with an extravagant project like this, one cannot fathom how exorbitant the selling price will be. All effort to uncover the price of this project which promises more quality and sophistication has been futile.

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The deeper we search the farer we find ourselves from getting the real sales figure for this project or will they be the same price as other upcoming projects in Banana? Come to think of it, in Nigeria of today, do people still yearn for sophisticated homes and extravagance splendour?

News reaching us revealed that some real estate moguls and construction expertise think this project is beyond the Nigerian taste and standard and even Banana Island does not count as a suitable location, perhaps in the state capital of Abuja, near the Aso-Rock Villa, it will be well appreciated by its target audience.

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In producing the best of luxury; we expect Sujimoto’s collaborations with the best hands in the industry. His personal snapchats and Instagram stories have shown him travelling to countries such as Turkey, America, Spain, Italy and Japan, visiting leading factories in elevators, tiling, floorings and the likes, seeking for the best.