ABOUT REION . . .
The Nigeria Federal Housing Authority (FHA) since it’s inception about 40 years ago built only 37,000 houses, this is an average of less than
1,000 houses per annum while the housing deficit is estimated to be
Nigeria population would hit 289 million in 2050 as against 167 million as at last count while current home ownership rate is estimated to 10% compared to 68% in US and 92% in Singapore. The available statistics show that 87% of the household population in Nigeria live in rented apartments.
REION : An initiative of Sterling Homes Ltd (http://www.sterlinghomesltd.com ) born out of a compelling need to help Nigerian in Diaspora build a place call HOME, also expose them to the windows of oppurtunities in the Nigeria Real Estate Market as captured in the narrated statistics.
Some of our important choices have a time line. If we delay a decision, the opportunity is gone forever. The best time to act is NOW!
AN INITIATIVE OF