Bad roads threaten Sango Ota property market, industrial estates.
These times are not really the best for professionals and housing market in Sango Ota, gateway to Ogun State, as the once vibrant town has seen property values decline by over 60 per cent due to the deplorable state of roads in the area.
The development has impacted negatively on rapid economic development, housing growth and land prices. For instance, rents have dropped significantly by over 50 per cent while vacancy rate has continued to rise.
The Guardian gathered that Sango Ota corridor, especially along the Lagos – Abeokuta expressway had been in a sorry state over two-years with residents and travellers having a bitter experience, especially during rainy season.