OHL Property Development | Real Estate

OHL Property Development Limited

OHL Property Development Limited is a wholly owned operating subsidiary of GLWD Investment Company Limited, established to lead the Phase 2 development and management of the OHL Trans-Nigeria Urbanization Project.

As one of the two implementation companies for the OHL Trans-Nigeria Urbanization Project, OHL Property Development Limited will manage the entire real estate development value chain, from design to construction and property management.

The company will develop residential housing units and commercial properties within OHL Industrial City, providing affordable housing solutions and commercial spaces for the MDG Project Nigeria ecosystem.

Key Statistics

36K

Annual Housing Units

36,000 residential units per year

360

Housing Lots

100 units per lot

670K

Annual commercial & retail development

900

Hectares

For residential development

50%

Cost Reduction

through backward integration

Residential Property Operations

OHL Property Development Limited will develop 36,000 residential housing units per annum across 360 housing lots, with 100 units per lot, covering a total residential floor space of 2,679,750 sqm. The housing mix includes one-, two- and three-bedroom apartments, as well as four-/five-bedroom bungalows and duplexes.

Housing Mix Breakdown

All units are segmented into Core (60%), Plus (30%), and Prime (10%) categories based on size and internal finishes, ensuring affordability across different income levels while maintaining consistent quality standards and estate infrastructure.

Housing Product Segmentation

All housing units are segmented into three categories based on size, features and pricing, ensuring affordability across different income levels while maintaining quality standards.

Core Housing Units — 60% (21,600 units)

Cost-efficient homes tailored for low-income earners (civil servants, part-time workers). Standard finishes, basic built-in wardrobes, functional layouts. Size Range: 45–150 sqm. Target: Entry-level homeowners, essential workers.

Plus Housing Units — 30% (10,800 units)

Mid-range homes designed for middle-income earners (full-time employees, young professionals). Enhanced finishes, upgraded lighting, store rooms, separate guest WC. Size Range: 50–188 sqm. Target: Middle-income professionals, growing families.

Prime Housing Units — 10% (3,600 units)

High-spec residences for high-income earners and management. Premium finishes, decorative ceilings, maid's rooms, designer fixtures. Size Range: 60–225 sqm. Target: Senior management, high-income professionals.

Commercial Property & Backward Integration

Commercial & Retail Property Development

OHL Property Development Limited will develop 670,000 sqm of commercial and retail space annually across 291 lots within OHL Industrial City. For every 1 m² of residential floor area, the master plan will provide approximately 0.25–0.30 m² of commercial and retail floor area, creating vibrant mixed-use urban centres.

  • Residential District — 234,500 sqm (35%): Neighbourhood retail, services, and local businesses
  • Industrial District — 67,000 sqm (10%): Logistics support, warehousing, and industrial services
  • Business Bay District — 268,000 sqm (40%): Grade A offices, corporate headquarters, and professional services
  • Energy & Power District — 33,500 sqm (5%): Technical services and energy sector support facilities
  • Academic District — 33,500 sqm (5%): Educational support services, bookstores, and student facilities
  • Sports Village — 33,500 sqm (5%): Sports retail, fitness centres, and recreation services

Commercial spaces are segmented into Core (402,000 sqm / 60%), Plus (201,000 sqm / 30%), and Prime (67,000 sqm / 10%) categories with varying specifications, ensuring a diverse tenant mix and income streams.

Backward Integration Plan

OHL Property Development Limited implements a comprehensive Backward Integration Plan to secure supply and pricing of key building materials. Through dedicated plants for steel, cement, aggregates, tiles, paint, roofing, sanitary ware, furniture and PVC/aluminium/glass systems, the company sources most core materials internally.

Integrated Operations

OHL Property Development Limited will operate an integrated production and supply chain model, linking building materials plants directly to housing, commercial and infrastructure projects.

Affordability — 50% Cost Reduction

This plan reduces construction costs by 50% compared to market prices by combining large, predictable volumes with internal transfer pricing significantly below retail benchmarks. The strategic internal transfer pricing supports both financial viability and affordability objectives, keeping monthly housing payments within 20–25% of household income.

10 Dedicated Manufacturing Facilities

Steel Plant (Rebar)

90,000 TPA

Cement Plant

900,000 TPA

Sand Dredging

4,500,000 TPA

Quarry Plant (Aggregates)

1,500,000 TPA

Ceramic Tiles Plant

1,200,000 sqm/pa

Paint Plant

3,000,000 sqm/pa

Roofing Plant

3,000,000 sqm/pa

Sanitary Ware Sets Plant

90,000 sets/pa

Furniture Sets Plant

150,000 sets/pa

PVC/Alu/Glass Solutions Plant

4,500,000 sqm/pa

Parent Project

Other MDG Companies


MDG Investment Company Limited

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