PWAN Prime

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We provide our clients with the most affordable commercial and residential real estate options in Nigeria.

23A, Sura Mogaji Street, Off Coker Road, Ilupeju, Lagos.
+234(0)818 888 8695
+234(0)818 888 8692

info@pwanprime.com

© 2021 PWAN-Prime Investments & Properties Limited.

Peach Court, Mowe

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Pearl Residence, Enugu

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Prime Pearl, Asaba

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Pearl City, Enugu

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Pearl City, Asaba

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Pearl View, Scheme II, Asaba

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Prime Gardens, Arepo

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Pearl Lagoon Front, Epe

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FREQUENTLY ASKED QUESTIONS/ TERMS AND CONDITIONS
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Q1. WHERE IS PEARL CITY, ASABA?
A. PEARL CITY, ASABA is situated at Ibusa, Asaba in Delta State.

Q2. WHO ARE THE OWNERS/ DEVELOPER OF PEARL CITY, ASABA?
A. PWAN-PRIME INVESTMENTS AND PROPERTIES LTD, a Leading Real Estate Company and player in the Real Estate sector of the economy with offices in Ilupeju, Lagos State.

Q3. WHAT TYPE OF TITLE DOES PEARL CITY, ASABA HAVE ON THE LAND?
A. Registered Survey Plan and Deed of Assignment.

Q4. ARE THERE ANY ENCUMBRANCES ON THE LAND?
A. The land is free from every known government acquisition or interest and adverse claims.

Q5. WHAT IS THE PAYMENT STRUCTURE?
(a) Outright Payment is N1,500,000 for 464SQM and N3,000,000 for 928SQM.
(b) 6 Months Installment Payment (464SQM): N1,650,000, initial deposit of N495,000 and spread balance in 6 months.
(c) 12 Months Installment Payment (464SQM): N1,800,000, initial deposit of N270,000 and spread balance in 12 months.
(d) 6 Months Installment Payment (928SQM): N3,300,000, initial deposit of N990,000 and spread balance in 6 months.
(e) 12 Months Installment Payment (928SQM): N3,600,000, initial deposit of N540,000 and spread balance in 12 months.
(f) Commercial plots Attract additional 10% of land cost.
(g) Corner piece plots Attract additional 10% of land cost.
(h) Change/Correction of Name(s) attract N10,000 charges (Subject to review).
(i) Transfer of Ownership attract 10% of land cost.
(j) N.B: - Non-payment of the monthly installments as at when due shall be treated as a fundamental breach of the contract which could result in termination or revocation of the contract/OR attract N10,000 default charge of the monthly installment payment.
(k) N.B: For Three Months Outright Payment Plan or any Outright Payment Plan, any default in payment as at when due shall also be treated as a fundamental breach of contract and would result to automatic reversal to a 12 months payment plan.

Q6. WHAT IS THE SIZE OF THE PLOT?
A. 464SQM and 928SQM

Q7. WHEN DO I GET MY ALLOCATION AFTER PAYMENT?
A. We give instant plot reservation.

Q8. IS THE ROAD TO THE ESTATE MOTORABLE?
A. Yes, the road to the estate is motorable.

Q9. WHAT OTHER PAYMENTS DO I MAKE APART FROM THE PAYMENT FOR THE LAND?
(a) Deed of Assignment Fee: N100,000 only per plot (subject to review).
(b) Survey plan Fee: N150,000 only per plot (subject to review) Survey plan with Company’s name attract double charges.
(c) Corner Plot Demarcation: N30,000 only per plot (Subject to review).
(d) Development Fee: Development fee which includes the cost of estate perimeter fencing, estate gate house and estate beautification will to be communicated later.
Please note: The development fees will be based on current market value and will be subject to change at any time to reflect the prevailing market price.
(e) Infrastructure Levy: The infrastructural development of the estate which covers the cost of electricity, internal road construction, drainage construction, water treatment plant, CCTV, sewage system and other estate facilities will be communicated at a later date.
Please note: Delivery period for infrastructural development to be carried out by PWAN-Prime is to be done within Two (2) years from the date of the launch of the estate

Q10. WHEN DO I MAKE THE OTHER PAYMENTS?
A. (i) Survey Plan, Plot Demarcation fee and Deed of Assignment payment should be made before physical allocation. However, your Survey Plan and Deed of Assignment will not be prepared until we see development on your plot.
Please note: Clients are expected to carry out the development of their plot within 6 Months after completing payment for the property (The fencing of your plot is also recognized as part of development)

Q11. WHAT DO I GET AFTER THE INITIAL DEPOSIT?
A. Starters pack comprising a letter of acknowledgment of subscription/plot reservation notification, receipts of payment.

Q12. WHAT DO I GET AFTER COMPLETING PAYMENT FOR THE LAND?
A. (a) Completion Payment Receipt, Contract of Sales & Payment Notification Letter (a) Deed of Assignment & Survey Plan within 3 months after payment is done.

Q13. CAN I START CONSTRUCTION OR BUILDING ON THE LAND NOW?
A.Yes you are expected to commence development on your plot within 6 months after Physical Allocation (Please note that the fencing of your plot is also recognized as part of development).

Q14. IS THERE ANY TIME LIMIT TO COMMENCE WORK ON MY LAND AFTER ALLOCATION?
A. No.

Q15. IS THERE ANY RESTRICTION REGARDING THE TYPE OF BUILDING I CAN CONSTRUCT IN THE ESTATE?
A. Yes. The estate layout is in sections and you are limited to build houses on each section based on designated use or plan for that section (Commercial or Residential) i.e. Bungalow, Block of Flats, detached houses (duplex). Note “Face-me-I –Face – you” (Tenement Building) and high-rise houses will not be permitted. All building design must conform to the required set back of building control of the estate and such design would be approved by the company and with DSG afterwards.
B. PWAN-PRIME is the Estate Manager across all our estates. Therefore, clients are subjected to the rules and regulations of PWAN-PRIME.

Q16. CAN I RE-SELL MY PLOT/PROPERTY?
A. Yes, a subscriber who has paid up on their land can re-sell their plot(s). PWAN-PRIME would require the seller to furnish the company with details of the buyer.
B. A Charge of 10% of the current selling price of the Land (Covering Transfer Documentation Fee shall be paid to the Company by the buyer).

Q17. CAN I PAY CASH TO YOUR AGENT?
A. We strongly advise that cash payments should ONLY be made to PWAN-PRIME LTD at its designated offices. Otherwise, cheque(s) should be issued in favor of PWAN-PRIME INVESTMENTS AND PROPERTIES LTD. We shall not accept any responsibility for any liability that may arise as a result of a deviation from the above instruction.

Q18. Is PWAN-PRIME LTD AML/CFT compliant?
A. Yes

Q19. WHAT HAPPENS IF I CANNOT CONTINUE WITH MY PAYMENT? CAN I REQUEST FOR A REFUND?
A.Yes, you can apply for refund only if you have not been allocated your plot(s). However, refund can only be requested for within 60 days of Purchase and the refund policy will apply as stated in Q19 (b) below.
B.In the event of a Refund, you are required to give the Company ninety (90) days' notice to process your refund request and a further sixty (60) days if the process isn't completed after the first 90 days. The refund shall be processed and paid less 40% (Administrative, Logistics & Agency Fees).
C.You cannot request for refund once allocation has been done.
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Q1. WHERE IS PEARL CITY ESTATE LOCATED?
PEARL CITY is situate at Ogbeke-Nike, Opposite Ministry of Lands & Housing Estate (Rehobot Estate), less than 3 mins from Digital Bridge Institute, less than 5 mins from Elim Estate, Enugu State.

Q2. WHO ARE THE OWNERS/DEVELOPERS OF PEARL CITY?
A. PWAN-PRIME INVESTMENTS AND PROPERTIES LTD., a multi-award winning and leading Real Estate Company in Nigeria.

Q3. WHAT TYPE OF TITLE DOES PEARL CITY HAVE ON THE LAND?
A. Certificate of Occupancy.

Q4. ARE THERE ANY ENCUMBRANCES ON THE LAND?
A. The land is free from every known government acquisition or interest and adverse claims.

Q5. WHAT PLOT SIZE(S) IS AVAILABLE? 500sqm, 530sqm, 540sqm, 600sqm, 700sqm, 800sqm, and 900sqm.


Q6. WHAT IS THE PAYMENT STRUCTURE FOR THE PLOT SIZES?


STARTER PLOT 500 SQM:
ACTUAL PRICE: ₦4,200,000.00
INSTALLMENT (0-6 MONTHS): ₦4,620,000.00
INSTALLMENT (0-12 MONTHS): ₦5,250,000.00


STANDARD PLOT 530 SQM:
ACTUAL PRICE: ₦4,500,000.00
INSTALLMENT (0-6 MONTHS): ₦4,950,000.00
INSTALLMENT (0-12 MONTHS): ₦5,625,000.00


STANDARD PLUS PLOT 540 SQM:
ACTUAL PRICE: ₦4,600,000.00
INSTALLMENT (0-6 MONTHS): ₦5,060,000.00
INSTALLMENT (0-12 MONTHS): ₦5,750,000.00


STANDARD MAJOR PLOT 600 SQM:
ACTUAL PRICE: ₦5,000,000.00
INSTALLMENT (0-6 MONTHS): ₦5,500,000.00
INSTALLMENT (0-12 MONTHS): ₦6,250,000.00


HIGH DENSITY PLOT 700 SQM:
ACTUAL PRICE: ₦5,700,000.00
INSTALLMENT (0-6 MONTHS): ₦6,270,000.00
INSTALLMENT (0-12 MONTHS): ₦7,125,000.00


HIGH DENSITY PLUS PLOT 800 SQM:
ACTUAL PRICE: ₦6,500,000.00
INSTALLMENT (0-6 MONTHS): ₦7,150,000.00
INSTALLMENT (0-12 MONTHS): ₦8,125,000.00


HIGH DENSITY MAJOR PLOT 900 SQM:
ACTUAL PRICE: ₦7,500,000.00
INSTALLMENT (0-6 MONTHS): ₦8,250,000.00
INSTALLMENT (0-12 MONTHS): ₦9,375,000.00

INITIAL DEPOSIT OF 30% IS REQUIRED FOR THE INSTALLMENT PAYMENT PLAN OPTION.
(b) Corner piece and commercial plots attract additional 10% of land cost.
(c) Change/Correction of Name(s) attract N10,000 charges (Subject to review)
(d) Transfer of Ownership attract 10% of land cost
(e) Non-payment of the monthly installments as at when due and non-compliance with the payment structure shall be treated as a fundamental breach of the contract which will result in termination or revocation of the contract/OR attract default charge of 5% of the month payment or 5% of the total balance upon demand, OR 5% of the outstanding payment for every month of default after payment expiration OR N10,000 default charge of the monthly installment payment.
(f) N.B: For Three Months Outright Payment Plan or any Outright Payment Plan, any default in payment as at when due shall also be treated as a fundamental breach of contract and would result to automatic reversal to a 12 months payment plan.

Q7. IS THE ROAD TO THE ESTATE MOTORABLE?
A. Yes the road to the estate is motorable.

Q8. WHAT OTHER PAYMENTS DO I MAKE WITH/AFTER THE PAYMENT FOR THE LAND?
(a) Deed of Assignment: N200,000 (per plot)
(b) Registered Survey Plan Fee: N150,000 (per plot)
(c) Plot Demarcation: N50,000 (per plot)
(d) Development Fee:


DEVT:
500 SQM: ₦1,385,000 (Outright), ₦1,454,250 (Installment)
530 SQM: ₦1,460,000 (Outright), ₦1,533,000 (Installment)
540 SQM: ₦1,485,000 (Outright), ₦1,559,250 (Installment)
600 SQM: ₦1,635,000 (Outright), ₦1,716,750 (Installment)
700 SQM: ₦1,885,000 (Outright), ₦1,979,250 (Installment)
800 SQM: ₦2,135,000 (Outright), ₦2,241,750 (Installment)
900 SQM: ₦2,385,000 (Outright), ₦2,504,250 (Installment)


Development fee covers the following: (1) Estate Perimeter Fencing (2) Estate Gate House (3). Beautification of the Estate. (NB: Development fees unpaid within 12 months of allocation will attract 2.5% monthly appreciation value.


Please note that the above development fee based on current market value are subject to change to reflect the prevailing market rate at any given point in time.

(e) Infrastructure Levy: The infrastructural development of the estate which covers the cost of electricity, internal road construction, drainage construction, water treatment plant, CCTV, sewage system and other estate facilities will be communicated at a later date.
Please note: Delivery period for infrastructural development to be carried out by PWAN-Prime is to be done within Two (2) years from the date of the launch of the estate

Q9. WHEN DO I GET MY ALLOCATION DOCUMENT AFTER PAYMENT?
Allocation Document would be issued within three (3) months after payment and physical allocation to be done during the annual dry season in order of subscription provided that at least 25% of development fees have been paid.

Q10. WHEN DO I MAKE THE OTHER PAYMENTS?
(I) Survey Plan, Deed of Assignment and Plot Demarcation should be paid before Physical Allocation. However, your Survey Plan and Deed of Assignment will not be prepared until we see development on your plot.
Please note: Clients are expected to carry out the development of their plot within 6 Months after completing payment for the property (The fencing of your plot is also recognized as part of development)

(ii) Development fees should be paid either on installment (over a 3 months period) or outright basis before or after physical allocation.

Q11. WHAT DO I GET AFTER THE INITIAL DEPOSIT?
A. Letter of acknowledgement of subscription and receipt of payment.

Q12. WHAT DO I GET AFTER COMPLETING PAYMENT FOR THE LAND?
(a) Completion Payment Receipt, Notification Letter, Contract of Sales and Plot Allocation Document.
(b) Deed of Assignment & Survey Plan within three (3) months of payment for Q8 (a) & (b) if allocation has been done.

Q13. CAN I START CONSTRUCTION OR BUILDING ON THE LAND NOW?
A.You can start building on the land after Physical Allocation and payment of development fee has been made.

Q14. IS THERE ANY TIME LIMIT TO COMMENCE WORK ON MY LAND AFTER ALLOCATION?
A. No.

Q15. IS THERE ANY RESTRICTION REGARDING THE TYPE OF BUILDING I CAN CONSTRUCT IN THE ESTATE?
A. Yes. The estate layout is in sections and you are limited to build houses on each section based on designated use or plan for that section (Commercial or Residential) i.e. Bungalow, apartment buildings, detached houses (duplex). Note “Face-me-I –Face – you” (Tenement Building) will not be permitted. All building design must conform to the required set back of building control of the estate and such design would be approved by the company and with ESG afterwards (please contact the office for building plans).
B. PWAN-PRIME is the Estate Manager across all our estates. Therefore clients are subjected to the rules and regulations of PWAN-PRIME.


Q16. CAN I RE-SELL MY PLOT/PROPERTY?
A. Yes, a subscriber who has paid in full for his land can re-sell his plot(s). In that event, PWAN-PRIME INVESTMENTS AND PROPERTIES LTD. would require you (the seller) to furnish the company with details of the new buyer. PWAN-PRIME can help with the process of re-sell when we have available buyers; please note that a 15% commission will be paid to PWAN-PRIME.
B. A Charge of 10% of the current selling price of the Land (Covering Transfer Documentation Fee shall be paid to the Company by the buyer).

Q17. CAN I PAY CASH TO YOUR AGENT?
A. We strongly advise that cash payments should only be made to PWAN-PRIME INVESTMENTS AND PROPERTIES LTD. at its designated Banks. Otherwise, cheque(s)/bank drafts should be issued in favor of PWAN-PRIME INVESTMENTS AND PROPERTIES LTD. We shall not accept any responsibility for any liability that may arise because of a deviation from the above instruction.

Q18 WHAT HAPPENS IF I CANNOT CONTINUE WITH THE PAYMENT OR AFTER PAYMENT BUT BEFORE ALLOCATION? CAN I GET A REFUND?
A.Yes, you can apply for refund only if you have not been allocated your plot(s). However, refund can only be requested for within 60 days of Purchase and the refund policy will apply as stated in Q18(b) below.
B.In the event of a Refund, you are required to give the Company ninety (90) days' notice to process your refund request and a further sixty (60) days if the process isn't completed after the first 90 days. The refund shall be processed and paid less 40% (Administrative, Logistics & Agency Fees).
C.You cannot request for refund once allocation has been done.
Field is required!
Field is required!
Q1. WHERE IS PEARL VILLAS, OWERRI?
A. PEARL VILLAS OWERRI is situated at Avu, Off Port Harcourt Road, in Imo State.

Q2. WHO ARE THE OWNERS/ DEVELOPER OF PEARL VILLAS OWERRI?
A. PWAN-PRIME INVESTMENTS AND PROPERTIES LTD, a Leading Real Estate Company and player in the Real Estate sector of the economy with offices in Ilupeju, Lagos State.

Q3. WHAT TYPE OF TITLE DOES PEARL VILLAS, OWERRI HAVE ON THE LAND?
A. Deed of Assignment with Landowners and Registered Survey Plan.

Q4. ARE THERE ANY ENCUMBRANCES ON THE LAND?
A. The land is free from every known government acquisition or interest and adverse claims.

Q5. WHAT IS THE PAYMENT STRUCTURE?
(a) Outright Payment is N3,000,000 for 464SQM
(b) 6 Months Installment Payment is N3,350,000, initial deposit of N650,000 and spread balance in 6 months
(c) 12 Months Installment Payment is N3,700,000, initial deposit of N400,000 and spread balance in 12 months
(d) Commercial plots Attract additional 10% of land cost
(e) Corner piece plots Attract additional 10% of land cost
(f) Change/Correction of Name(s) attract N10,000 charges (Subject to review)
(g) Transfer of Ownership attract 10% of land cost
(h) N.B: - Non-payment of the monthly installments as at when due shall be treated as a fundamental breach of the contract which could result in termination or revocation of the contract/OR attract N10,000 default charge of the monthly installment payment.

Q6. WHAT IS THE SIZE OF THE PLOT?
A. 464SQM

Q7. WHEN DO I GET MY ALLOCATION AFTER PAYMENT?
A. We give instant plot reservation

Q8. IS THE ROAD TO THE ESTATE MOTORABLE?
A. Yes, the road to the estate is motor able.

Q9. WHAT OTHER PAYMENTS DO I MAKE APART FROM THE PAYMENT FOR THE LAND?
(a) Deed of Assignment Fee: N100,000 only per plot (subject to review).
(b) Registered Survey plan Fee: N150,000 only per plot (subject to review) Survey plan with Company’s name attract double charges.
(c) Development Fee: N800,000 only per plot (subject to review)
(d) Corner Plot demarcation: N50,000 only per plot (Subject to review)

Q10. WHEN DO I MAKE THE OTHER PAYMENTS?
A. (i) Survey Plan, Plot Demarcation fee and Deed of Assignment payment should be made before physical allocation. However, your Survey Plan and Deed of Assignment will not be prepared until we see development on your plot (Please note that the fencing of your plot is also recognized as part of development).
(ii) Development fees should be paid either on installment (over a 3 months period) or outright basis before or after physical allocation.

Q11. WHAT DO I GET AFTER THE INITIAL DEPOSIT?
A. Starters pack comprising a letter of acknowledgment of subscription/plot reservation notification, receipts of payment.

Q12. WHAT DO I GET AFTER COMPLETING PAYMENT FOR THE LAND?
A. (a) Completion Payment Receipt, Contract of Sales & Payment Notification Letter (a) Deed of Assignment & Survey Plan within 3 months after payment is done.

Q13. CAN I START CONSTRUCTION OR BUILDING ON THE LAND NOW?
Yes you are expected to commence development on your plot within 6 months after Physical Allocation (Please note that the fencing of your plot is also recognized as part of development).

Q14. IS THERE ANY TIME LIMIT TO COMMENCE WORK ON MY LAND AFTER ALLOCATION?
A. No.

Q15. IS THERE ANY RESTRICTION REGARDING THE TYPE OF BUILDING I CAN CONSTRUCT IN THE ESTATE?
A. Yes. The estate layout is in sections and you are limited to build houses on each section based on designated use or plan for that section (Commercial or Residential) i.e Bungalow, Block of Flats, detached houses (duplex). Note “Face-me-I –Face – you” (Tenement Building) and high-rise houses will not be permitted. All building design must conform to the required set back of building control of the estate and such design would be approved by the company and with ISG afterwards.

Q16. CAN I RE-SELL MY PLOT/PROPERTY?
A. Yes, a subscriber who has paid up on their land can re-sell their plot(s). PWAN-PRIME would require the seller to furnish the company with details of the buyer
B. A Charge of 10% of the land consideration (Covering Transfer Documentation Fee shall be paid to the Company by the buyer.

Q17. CAN I PAY CASH TO YOUR AGENT?
A. We strongly advise that cash payments should ONLY be made to PWAN-PRIME LTD at its designated offices. Otherwise, cheque(s) should be issued in favor of PWAN-PRIME INVESTMENTS AND PROPERTIES LTD. We shall not accept any responsibility for any liability that may arise as a result of a deviation from the above instruction.

Q18. Is PWAN-PRIME LTD AML/CFT compliant?
A. Yes

Q19. What happens if I cannot continue with my payment? Can I request for a refund?
A.Yes, you can apply for refund only if you have not been allocated your plot(s). However, refund can only be requested for within 60 days of Purchase and the refund policy will apply as stated in Q19(b) below.
B.In the event of a Refund, you are required to give the Company ninety (90) days' notice to process your refund request and a further sixty (60) days if the process isn't completed after the first 90 days. The refund shall be processed and paid less 40% (Administrative, Logistics & Agency Fees).
C.You cannot request for refund once allocation has been done.
Field is required!
Field is required!
Q1. WHERE IS PEARL VIEW, SCHEME 2 ASABA?
A. PEARL VIEW ASABA, situated at Ibusa, Asaba in Delta State.

Q2. WHO ARE THE OWNERS/ DEVELOPER OF PEARL VIEW, SCHEME 2 ASABA?
A. PWAN-PRIME INVESTMENTS AND PROPERTIES LTD, a Leading Real Estate Company and player in the Real Estate sector of the economy with offices in Ilupeju, Lagos State.

Q3. WHAT TYPE OF TITLE DOES PEARL VIEW, SCHEME 2 ASABA HAS ON THE LAND?
A. Registered Survey Plan

Q4. ARE THERE ANY ENCUMBRANCES ON THE LAND?
A. The land is free from every known government acquisition or interest and adverse claims.

Q5. WHAT IS THE PAYMENT STRUCTURE?
(a) Outright Payment is N800,000 for 464SQM
(b) 6 Months Installment Payment: N950,000 initial deposit of N190,000 and spread balance in 6 months
(c) 12 Months Installment Payment: N1,200,000 initial deposit of N240,000 and spread balance in 12 months.
(d) Commercial plots Attract additional 10% of land cost.
(e) Corner piece plots Attract additional 10% of land cost.
(f) Change/Correction of Name(s) attract N10,000 charges (Subject to review).
(g) Transfer of Ownership attract 10% of land cost.
(h) N.B: - Non-payment of the monthly installments as at when due shall be treated as a fundamental breach of the contract which could result in termination or revocation of the contract/OR attract N10,000 default charge of the monthly installment payment.
(i) N.B: For Three Months Outright Payment Plan or any Outright Payment Plan, any default in payment as at when due shall also be treated as a fundamental breach of contract and would result to automatic reversal to a 12 months payment plan.

Q6. WHAT IS THE SIZE OF THE PLOT?
A. 464SQM

Q7. WHEN DO I GET MY ALLOCATION AFTER PAYMENT?
A. We give instant plot reservation.

Q8. IS THE ROAD TO THE ESTATE MOTORABLE?
A. Yes, the road to the estate is motorable.

Q9. WHAT OTHER PAYMENTS DO I MAKE APART FROM THE PAYMENT FOR THE LAND?
(a) Deed of Assignment Fee: N100,000 only per plot (subject to review).
(b) Provisional Survey plan Fee: N50,000 only per plot (subject to review) Survey plan with Company’s name attract double charges.
(c) Development Fee: To be communicated later. (This covers for the Cost of Electricity, Estate Perimeter Fencing, Estate Gate House and Beautification of Estate).
(d) Corner Plot demarcation: N35,000 only per plot (Subject to review).
Please note: The development fees will be based on current market value and will be subject to change at any time to reflect the prevailing market price.
(e)Infrastructure Levy: The infrastructural development of the estate which covers the cost of internal road construction, drainage construction, water treatment plant, CCTV, sewage system and other estate facilities will be communicated at a later date.
Please note: Delivery period for infrastructural development to be carried out by PWAN-Prime is to be done within Two (2) years from the date of the launch of the estate.

Q10. WHEN DO I MAKE THE OTHER PAYMENTS?
A. (i) Survey Plan, Plot Demarcation fee and Deed of Assignment payment should be made before physical allocation. However, your Survey Plan and Deed of Assignment will not be prepared until we see development on your plot.
Please note: Clients are expected to carry out the development of their plot within 6 Months after completing payment for the property (The fencing of your plot is also recognized as part of development).

Q11. WHAT DO I GET AFTER THE INITIAL DEPOSIT?
A. Starters pack comprising a letter of acknowledgment of subscription/plot reservation notification, receipts of payment.

Q12. WHAT DO I GET AFTER COMPLETING PAYMENT FOR THE LAND?
A. (a) Completion Payment Receipt, Contract of Sales & Payment Notification Letter (a) Deed of Assignment & Survey Plan within 3 months after payment is done.

Q13. CAN I START CONSTRUCTION OR BUILDING ON THE LAND NOW?
A. Yes you are expected to commence development on your plot within 6 months after Physical Allocation (Please note that the fencing of your plot is also recognized as part of development).

Q14. IS THERE ANY TIME LIMIT TO COMMENCE WORK ON MY LAND AFTER ALLOCATION?
A. No.

Q15. IS THERE ANY RESTRICTION REGARDING THE TYPE OF BUILDING I CAN CONSTRUCT IN THE ESTATE?
A. Yes. The estate layout is in sections and you are limited to build houses on each section based on designated use or plan for that section (Commercial or Residential) i.e. Bungalow, Block of Flats, detached houses (duplex). Note “Face-me-I –Face – you” (Tenement Building) and high-rise houses will not be permitted. All building design must conform to the required set back of building control of the estate and such design would be approved by the company and with DSG afterwards.
B. PWAN-PRIME is the Estate Manager across all our estates. Therefore, clients are subjected to the rules and regulations of PWAN-PRIME.

Q16. CAN I RE-SELL MY PLOT/PROPERTY?
A. Yes, a subscriber who has paid up on their land can re-sell their plot(s). PWAN-PRIME would require the seller to furnish the company with details of the buyer.
B. A Charge of 10% of the current selling price of the Land (Covering Transfer Documentation Fee shall be paid to the Company by the buyer).

Q17. CAN I PAY CASH TO YOUR AGENT?
A. We strongly advise that cash payments should ONLY be made to PWAN-PRIME LTD at its designated offices. Otherwise, cheque(s) should be issued in favor of PWAN-PRIME INVESTMENTS AND PROPERTIES LTD. We shall not accept any responsibility for any liability that may arise as a result of a deviation from the above instruction.

Q18. Is PWAN-PRIME LTD AML/CFT compliant?
A. Yes

Q19. WHAT HAPPENS IF I CANNOT CONTINUE WITH MY PAYMENT? CAN I REQUEST FOR A REFUND?
A.Yes, you can apply for refund only if you have not been allocated your plot(s). However, refund can only be requested for within 60 days of Purchase and the refund policy will apply as stated in Q19 (b) below.
B.In the event of a Refund, you are required to give the Company ninety (90) days' notice to process your refund request and a further sixty (60) days if the process isn't completed after the first 90 days. The refund shall be processed and paid less 40% (Administrative, Logistics & Agency Fees).
C.You cannot request for refund once allocation has been done.
Field is required!
Field is required!
Q1. WHERE IS PEACH COURT MOWE?
A. PEACH COURT, MOWE is located at Awo Village, via Orile Imo, Mowe/Ofada Town, Obafemi / Owode Local Govt Area, Ogun State

Q2. WHO ARE THE OWNERS/ DEVELOPER OF PEACH COURT MOWE?
A. PWAN-PRIME INVESTMENTS AND PROPERTIES LTD, a Leading Real Estate Company and player in the Real Estate sector of the economy with offices in Ilupeju, Lagos State.

Q3. WHAT TYPE OF TITLE DOES PEACH COURT, MOWE HAS ON THE LAND?
A. Registered Survey Plan and Deed of Assignment.

Q4. ARE THERE ANY ENCUMBRANCES ON THE LAND?
A. The land is free from every known government acquisition or interest and adverse claims.

Q5. WHAT IS THE PAYMENT STRUCTURE?
(a) Outright Payment is N2,500,000 for 600SQM and N1,875,000 for 450SQM.
(b) 6 Months Installment Payment (600 SQM): N2,750,000 initial deposit of N550,000 and spread balance in 6 months
(c) 12 Months Installment Payment (600 SQM): N2,875,000 initial deposit of N575,000 and spread balance in 12 months.
(d) 6 Months Installment Payment (450 SQM): N2,062,500 initial deposit of N412,500 and spread balance in 6 months.
(e) 12 Months Installment Payment (450 SQM): N2,156,250 initial deposit of N431,250 and spread balance in 12 months.
(f) Commercial plots Attract additional 10% of land cost.
(g) Corner piece plots Attract additional 10% of land cost.
(h) Change/Correction of Name(s) attract N10,000 charges (Subject to review).
(i) Transfer of Ownership attract 10% of land cost.
(j) N.B: - Non-payment of the monthly installments as at when due shall be treated as a fundamental breach of the contract which could result in termination or revocation of the contract/OR attract N10,000 default charge of the monthly installment payment.
(k) N.B: For Three Months Outright Payment Plan or any Outright Payment Plan, any default in payment as at when due shall also be treated as a fundamental breach of contract and would result to automatic reversal to a 12 months payment plan.

Q6. WHAT IS THE SIZE OF THE PLOT?
A. 450SQM and 600SQM

Q7. WHEN DO I GET MY ALLOCATION AFTER PAYMENT?
A. We give instant plot reservation.

Q8. IS THE ROAD TO THE ESTATE MOTORABLE?
A. Yes, the road to the estate is motorable.

Q9. WHAT OTHER PAYMENTS DO I MAKE APART FROM THE PAYMENT FOR THE LAND?
(a) Deed of Assignment Fee: N150,000 only per plot (subject to review).
(b) Survey plan Fee: N150,000 only per plot (subject to review) Survey plan with Company’s name attract double charges.
(c) Development Fee: To be communicated later. (This covers for the Cost of electricity, Estate Perimeter Fencing, Estate Gate House and Beautification of Estate).
(d) Corner Plot demarcation: N50,000 only per plot (Subject to review).
Please note: The development fees will be based on current market value and will be subject to change at any time to reflect the prevailing market price.
(e)Infrastructure Levy: The infrastructural development of the estate which covers the cost of Internal road construction, drainage construction, water treatment plant, CCTV, sewage system and other estate facilities will be communicated at a later date.
Please note: Delivery period for infrastructural development to be carried out by PWAN-Prime is to be done within Two (2) years from the date of the launch of the estate.

Q10. WHEN DO I MAKE THE OTHER PAYMENTS?
A. (i) Survey Plan, Plot Demarcation fee and Deed of Assignment payment should be made before physical allocation. However, your Survey Plan and Deed of Assignment will not be prepared until we see development on your plot.
Please note: Clients are expected to carry out the development of their plot within 6 Months after completing payment for the property (The fencing of your plot is also recognized as part of development).

Q11. WHAT DO I GET AFTER THE INITIAL DEPOSIT?
A. Starters pack comprising a letter of acknowledgment of subscription/plot reservation notification, receipts of payment.

Q12. WHAT DO I GET AFTER COMPLETING PAYMENT FOR THE LAND?
A. (a) Completion Payment Receipt, Contract of Sales & Payment Notification Letter (a) Deed of Assignment & Survey Plan within 3 months after payment is done.

Q13. CAN I START CONSTRUCTION OR BUILDING ON THE LAND NOW?
A. Yes you are expected to commence development on your plot within 6 months after Physical Allocation (Please note that the fencing of your plot is also recognized as part of development).

Q14. IS THERE ANY TIME LIMIT TO COMMENCE WORK ON MY LAND AFTER ALLOCATION?
A. No.

Q15. IS THERE ANY RESTRICTION REGARDING THE TYPE OF BUILDING I CAN CONSTRUCT IN THE ESTATE?
A. Yes. The estate layout is in sections and you are limited to build houses on each section based on designated use or plan for that section (Commercial or Residential) i.e. Bungalow, Block of Flats, detached houses (duplex). Note “Face-me-I –Face – you” (Tenement Building) and high-rise houses will not be permitted. All building design must conform to the required set back of building control of the estate and such design would be approved by the company and with OSG afterwards.
B. PWAN-PRIME is the Estate Manager across all our estates. Therefore, clients are subjected to the rules and regulations of PWAN-PRIME.

Q16. CAN I RE-SELL MY PLOT/PROPERTY?
A. Yes, a subscriber who has paid up on their land can re-sell their plot(s). PWAN-PRIME would require the seller to furnish the company with details of the buyer.
B. A Charge of 10% of the current selling price of the Land (Covering Transfer Documentation Fee shall be paid to the Company by the buyer).

Q17. CAN I PAY CASH TO YOUR AGENT?
A. We strongly advise that cash payments should ONLY be made to PWAN-PRIME LTD at its designated offices. Otherwise, cheque(s) should be issued in favor of PWAN-PRIME INVESTMENTS AND PROPERTIES LTD. We shall not accept any responsibility for any liability that may arise as a result of a deviation from the above instruction.

Q18. Is PWAN-PRIME LTD AML/CFT compliant?
A. Yes

Q19. WHAT HAPPENS IF I CANNOT CONTINUE WITH MY PAYMENT? CAN I REQUEST FOR A REFUND?
A.Yes, you can apply for refund only if you have not been allocated your plot(s). However, refund can only be requested for within 60 days of Purchase and the refund policy will apply as stated in Q19 (b) below.
B.In the event of a Refund, you are required to give the Company ninety (90) days' notice to process your refund request and a further sixty (60) days if the process isn't completed after the first 90 days. The refund shall be processed and paid less 40% (Administrative, Logistics & Agency Fees).
C.You cannot request for refund once allocation has been done.
Field is required!
Field is required!
Q1. WHERE IS PRIME GARDENS, AREPO?
A. PRIME GARDENS, AREPO is a developing parcel of land situated at Arepo, Ogun State; 10 minutes’ drive from Berger along the Lagos-Ibadan Expressway.

Q2. WHO ARE THE OWNERS/DEVELOPERS OF PRIME GARDENS, AREPO?
A. PWAN PRIME INVESTMENTS AND PROPERTIES LTD., a Leading Real Estate Company and a leading player in the Construction Sector of the economy with offices in Ilupeju, Lagos State.

Q3. WHAT TYPE OF TITLE DOES PRIME GARDENS, AREPO HAVE ON THE LAND?
A. Registered Survey Plan and Contract of Sales between PWAN PRIME INVESTMENTS AND PROPERTIES LTD. and the customary land owners.

Q4. ARE THERE ANY ENCUMBRANCES ON THE LAND?
The land is free from every known government acquisition or interest and adverse claims.

Q5. WHAT IS THE PAYMENT STRUCTURE?
A. (a) Down Payment of N1,500,000 and N562,500 monthly per plot on 12months installment for 600sqm & Down Payment of N825,000 and N275,000 monthly per plot on 12months installment for 300sqm.
(b) Outright payment N7,500,000 per plot for 600sqm & N3,750,000 per plot for 300sqm
(c) Change/Correction of Name(s) attract N20,000 charges (Subject to review)
(d) Transfer of Ownership attract 10% of land cost
(e) N.B:- Non-payment of the monthly installments as at when due shall be treated as a fundamental breach of the contract which could result in termination or revocation of the contract/or attract N50,000 default charge of the monthly installment payment.
(f) N.B: For Three Months Outright Payment Plan or any Outright Payment Plan, any default in payment as at when due shall also be treated as a fundamental breach of contract and would result to automatic reversal to a 12 months payment plan.

Q6. WHAT IS THE SIZE OF THE PLOT?
A. 600sqm and 300sqm

Q7. IS THE ROAD TO THE ESTATE MOTORABLE?
A. Yes the road to the estate is motor able.

Q8. WHAT OTHER PAYMENTS DO I MAKE APART FROM THE PAYMENT FOR THE LAND?
(a) Deed of Assignment: N500,000 only per plot. (Subject to review)
(b) Registered Survey Fee: N350,000 only per plot for 600sqm & 300sqm. (Subject to review) Survey plan with Company’s name attract double charges
(c) Corner Plot demarcation: N100,000 only per plot (Subject to review)
(d) Development Fee: N1,000,000 only per plot for 600sqm & 300sqm. (Subject to review)

Q9. WHEN DO I MAKE THE OTHER PAYMENTS?
A. (i) Deed of Assignment, Registered Survey Fee, Development Fee and Corner Plot demarcation payment is required to be made immediately after completion of payment for your plot. However, your Survey Plan and Deed of Assignment will not be prepared until we see development on your plot (Please note that the fencing of your plot is also recognized as part of development).

Q10. WHAT DO I GET AFTER THE INITIAL DEPOSIT?
A. Starters pack comprising a letter of acknowledgement of subscription, receipts of payment.

Q11. WHAT DO I GET AFTER COMPLETING PAYMENT FOR THE LAND?
A. (a) Completion Payment Receipt, Contract of Sales & Payment Notification Letter (a) Deed of Assignment & Survey Plan after Physical Allocation is done.

Q12. CAN I START CONSTRUCTION OR BUILDING ON THE LAND NOW?
A.You can start building on the land immediately after Physical Allocation, while fencing will be done in the 1st year and other infrastructures will commence in the 2nd year.
B.You are also expected to commence development on your plot within 6 months after Physical Allocation (Please note that the fencing of your plot is also recognized as part of development). Please contact the office for guideline on the fencing.

Q13. IS THERE ANY RESTRICTION REGARDING THE TYPE OF BUILDING I CAN CONSTRUCT IN THE ESTATE?
A. Yes. The estate layout is in sections and you are limited to build houses on each section based on designated use or plan for that section (Commercial or Residential) i.e. Bungalow, Block of Flats, detached houses (duplex). Note “Face-me-I –Face – you” (Tenement Building) and high rise houses will not be permitted. All building design must conform to the required set back of building control of the estate and such design would be approved by the company and with OSG afterwards.
B. PWAN-PRIME is the Estate Manager across all our estates. Therefore, clients are subjected to the rules and regulations of PWAN-PRIME.

Q14. CAN I RE-SELL MY PLOT/PROPERTY?
A. Yes subscribers who have paid up on their land can re-sell their plot(s). PWAN PRIME would require the seller to furnish the company with details of the buyer.
B. A Charge of 10% of the current selling price of the Land (Covering Transfer Documentation Fee shall be paid to the Company by the buyer).

Q15. CAN I PAY CASH TO YOUR AGENT?
A. We strongly advise that cash payments should ONLY be made to PWAN PRIME INVESTMENTS AND PROPERTIES LTD. at its designated Banks. Otherwise, cheque(s) should be issued in favor of PWAN-PRIME INVESTMENTS AND PROPERTIES LTD. We shall not accept any responsibility for any liability that may arise as a result of a deviation from the above instruction.

Q16. IS PWAN PRIME INVESTMENTS AND PROPERTIES LTD AML/CFT COMPLAINT?
A. Yes

Q17 WHAT HAPPENS IF I CANNOT CONTINUE WITH THE PAYMENT OR AFTER PAYMENT BUT BEFORE ALLOCATION? CAN I GET A REFUND?
A.Yes, you can apply for refund only if you have not been allocated your plot(s). However, refund can only be requested for within 60 days of Purchase and the refund policy will apply as stated in Q17(b) below.
B.In the event of a Refund, you are required to give the Company ninety (90) days' notice to process your refund request and a further sixty (60) days if the process isn't completed after the first 90 days. The refund shall be processed and paid less 40% (Administrative, Logistics & Agency Fees).
C.You cannot request for refund once allocation has been done.
Field is required!
Field is required!
Q1. WHERE IS PEARL LAGOON FRONT ESTATE?
A. PEARL LAGOON FRONT ESTATE is situated at Okeosho, Agbowa Ikosi, Epe Local Government, Off Epe, Ikorodu Road.

Q2. WHO ARE THE OWNERS/ DEVELOPER OF PEARL LAGOON FRONT ESTATE?
A. PWAN-PRIME INVESTMENTS AND PROPERTIES LTD, a Leading Real Estate Company and player in the Real Estate sector of the economy with offices in Ilupeju, Lagos State.

Q3. WHAT TYPE OF TITLE DOES PEARL LAGOON FRONT ESTATE, EPE HAVE ON THE LAND?
A. Deed of Assignment with Landowners and Registered Survey Plan.

Q4. ARE THERE ANY ENCUMBRANCES ON THE LAND?
A. The land is free from every known government acquisition or interest and adverse claims.

Q5. WHAT IS THE PAYMENT STRUCTURE?
(a) Outright Payment is N1,800,000 for 600SQM and N1,350,000 for 450SQM (NB: Lagoon Front Plot (600SQM) is N5,000,000 on Outright Payment)
(b) 6 Months Installment Payment is N2,160,000, initial deposit of N432,000 and spread balance in 6 months
(c) 12 Months Installment Payment is N2,520,000, initial deposit of N504,000 and spread balance in 12 months
(d) Commercial plots Attract additional 10% of land cost
(e) Corner piece plots Attract additional 10% of land cost
(f) Change/Correction of Name(s) attract N10,000 charges (Subject to review)
(g) Transfer of Ownership attract 10% of land cost
(h) N.B: - Non-payment of the monthly installments (for 12 Months Installment Plan) as at when due shall be treated as a fundamental breach of the contract which could result in termination or revocation of the contract/OR attract N10,000 default charge of the monthly installment payment.
(i) N.B: For Three Months Outright Payment Plan or any Outright Payment Plan, any default in payment as at when due shall also be treated as a fundamental breach of contract and would result to automatic reversal to a 12 months payment plan.

Q6. WHAT IS THE SIZE OF THE PLOT?
A. 600SQM and 450SQM

Q7. WHEN DO I GET MY ALLOCATION AFTER PAYMENT?
A. We give instant plot reservation

Q8. IS THE ROAD TO THE ESTATE MOTORABLE?
A. Yes, the road to the estate is motor able.

Q9. WHAT OTHER PAYMENTS DO I MAKE APART FROM THE PAYMENT FOR THE LAND?
(a) Zero Deed of Assignment Fee
(b) Zero Provisional Survey Fee (However, subscribers can go ahead and do a registered survey plan if they want)
(c) Zero Plot Demarcation Fee
(c) Development Fee: Will be communicated to you later (subject to review)

Q10. WHEN DO I MAKE THE OTHER PAYMENTS?
A. (i) Once you have paid for the land, your documents will be processed immediately after allocation. However, your Survey Plan and Deed of Assignment will not be prepared until we see development on your plot (Please note that the fencing of your plot is also recognized as part of development).
(ii) Development fees should be paid either on installment (over a 3 months period) or outright basis before or after physical allocation.

Q11. WHAT DO I GET AFTER THE INITIAL DEPOSIT?
A. Starters pack comprising a letter of acknowledgment of subscription/plot reservation notification, receipts of payment.

Q12. WHAT DO I GET AFTER COMPLETING PAYMENT FOR THE LAND?
A. (a) Completion Payment Receipt, Contract of Sale, Payment Notification Letter and Plot Demarcation (b) Deed of Assignment & Survey Plan within 3 months after allocation has been done.

Q13. CAN I START CONSTRUCTION OR BUILDING ON THE LAND NOW?
Yes you are expected to commence development on your plot within 6 months after Physical Allocation (Please note that the fencing of your plot is also recognized as part of development).

Q14. IS THERE ANY TIME LIMIT TO COMMENCE WORK ON MY LAND AFTER ALLOCATION?
A. No.

Q15. IS THERE ANY RESTRICTION REGARDING THE TYPE OF BUILDING I CAN CONSTRUCT IN THE ESTATE?
A.Yes. The estate layout is in sections and you are limited to build houses on each section based on designated use or plan for that section (Commercial or Residential) i.e Bungalow, Block of Flats, detached houses (duplex). Note “Face-me-I –Face – you” (Tenement Building) and high-rise houses will not be permitted. All building design must conform to the required set back of building control of the estate and such design would be approved by the company and with ISG afterwards.
B.PWAN-PRIME is the Estate Manager across all our estates. Therefore clients are subjected to the rules and regulations of the PWAN-PRIME.

Q16. CAN I RE-SELL MY PLOT/PROPERTY?
A. Yes, a subscriber who has paid up on their land can re-sell their plot(s). PWAN-PRIME would require the seller to furnish the company with details of the buyer
B. A Charge of 10% of the current selling price of the Land (Covering Transfer Documentation Fee shall be paid to the Company by the buyer).

Q17. CAN I PAY CASH TO YOUR AGENT?
A. We strongly advise that cash payments should ONLY be made to PWAN-PRIME LTD at its designated offices. Otherwise, cheque(s) should be issued in favor of PWAN-PRIME INVESTMENTS AND PROPERTIES LTD. We shall not accept any responsibility for any liability that may arise as a result of a deviation from the above instruction.

Q18. Is PWAN-PRIME LTD AML/CFT compliant?
A. Yes

Q19. WHAT HAPPENS IF I CANNOT CONTINUE WITH MY PAYMENT? CAN I REQUEST FOR A REFUND?
A.Yes, you can apply for refund only if you have not been allocated your plot(s). However, refund can only be requested for within 60 days of Purchase and the refund policy will apply as stated in Q19(b) below.
B.In the event of a Refund, you are required to give the Company ninety (90) days' notice to process your refund request and a further sixty (60) days if the process isn't completed after the first 90 days. The refund shall be processed and paid less 40% (Administrative, Logistics & Agency Fees).
C.You cannot request for refund once allocation has been done.
Field is required!
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Q1. WHERE IS PEARL CITY, ASABA?
A. PEARL CITY, ASABA is situated at Ibusa, Asaba in Delta State.
Q2. WHO ARE THE OWNERS/ DEVELOPER OF PEARL CITY, ASABA?
A. PWAN-PRIME INVESTMENTS AND PROPERTIES LTD, a Leading Real Estate Company and player in the Real Estate sector of the economy with
offices in Ilupeju, Lagos State.
Q3. WHAT TYPE OF TITLE DOES PEARL CITY, ASABA HAVE ON THE LAND?
A. Registered Survey Plan and Deed of Assignment.
Q4. ARE THERE ANY ENCUMBRANCES ON THE LAND?
A. The land is free from every known government acquisition or interest and adverse claims.
Q5. WHAT IS THE PAYMENT STRUCTURE?
(a) Outright Payment is N1,500,000 for 464SQM and N3,000,000 for 928SQM.
(b) 6 Months Installment Payment (464SQM): N1,650,000, initial deposit of N495,000 and spread balance in 6 months.
(c) 12 Months Installment Payment (464SQM): N1,800,000, initial deposit of N270,000 and spread balance in 12 months.
(d) 6 Months Installment Payment (928SQM): N3,300,000, initial deposit of N990,000 and spread balance in 6 months.
(e) 12 Months Installment Payment (928SQM): N3,600,000, initial deposit of N540,000 and spread balance in 12 months.
(f) Commercial plots Attract additional 10% of land cost. (g) Corner piece plots Attract additional 10% of land cost. (h) Change/Correction of Name(s) attract N10,000 charges (Subject to review).
(i) Transfer of Ownership attract 10% of land cost. (j) N.B: - Non-payment of the monthly installments as at when due shall be treated as a fundamental breach of the contract which could result in
termination or revocation of the contract/OR attract N10,000 default charge of the monthly installment payment.
(k) N.B: For Three Months Outright Payment Plan or any Outright Payment Plan, any default in payment as at when due shall also be treated as a
fundamental breach of contract and would result to automatic reversal to a 12 months payment plan.
Q6. WHAT IS THE SIZE OF THE PLOT?
A. 464SQM and 928SQM
Q7. WHEN DO I GET MY ALLOCATION AFTER PAYMENT?
A. We give instantplot reservation.
Q8. IS THE ROAD TO THE ESTATE MOTORABLE?
A. Yes, the road to the estate is motorable.
Q9. WHAT OTHER PAYMENTS DO I MAKE APART FROM THE PAYMENT FOR THE LAND?
(a) Deed of Assignment Fee: N100,000 only per plot (subject to review).
(b) Survey plan Fee: N150,000 only per plot (subject to review) Survey plan with Company’s name attract double charges.
(c) Development Fee: To be communicated later.
(d) Corner Plot demarcation: N30,000 only per plot (Subject to review).
Q10. WHEN DO I MAKE THE OTHER PAYMENTS?
A. (i) Survey Plan, Plot Demarcation fee and Deed of Assignment payment should be made before physical allocation. However, your Survey Plan
and Deed of Assignment will not be prepared until we see development on your plot (Please note that the fencing of your plot is also recognized as
part of development).
(ii) Development fees should be paid either on installment (over a 3 months period) or outright basis before or after physical allocation.
Q11. WHAT DO I GET AFTER THE INITIAL DEPOSIT?
A. Starters pack comprising a letter of acknowledgment of subscription/plot reservation notification, receipts of payment.
Q12. WHAT DO I GET AFTER COMPLETING PAYMENT FOR THE LAND?
A. (a) Completion Payment Receipt, Contract of Sales & Payment Notification Letter (a) Deed of Assignment & Survey Plan within 3 months after
payment is done.
Q13. CAN I START CONSTRUCTION OR BUILDING ON THE LAND NOW?
A. Yes you are expected to commence development on your plot within 6 months after Physical Allocation (Please note that the fencing of your
plot is also recognized as part of development).
Q14. IS THERE ANY TIME LIMIT TO COMMENCE WORK ON MY LAND AFTER ALLOCATION?
A. No.
23A, Sura Mogaji Street,
Off, Coker Road, Ilupeju Lagos.
Tel: +2348188888695, +2348188888692
Email: pwanprime@gmail.com
PEARL CITY, ASABA FREQUENTLY ASKED QUESTIONS/ TERMS AND
CONDITIONS
Q15. IS THERE ANY RESTRICTION REGARDING THE TYPE OF BUILDING I CAN CONSTRUCT IN THE ESTATE?
A. Yes. The estate layout is in sections and you are limited to build houses on each section based on designated use or plan for that section
(Commercial or Residential) i.e. Bungalow, Block of Flats, detached houses (duplex). Note “Face-me-I –Face – you” (Tenement Building) and highrise houses will not be permitted. All building design must conform to the required set back of building control of the estate and such design would
be approved by the company and with DSG afterwards.
B. PWAN-PRIME is the Estate Manager across all our estates. Therefore, clients are subjected to the rules and regulations of PWAN-PRIME.
Q16. CAN I RE-SELL MY PLOT/PROPERTY?
A. Yes, a subscriber who has paid up on their land can re-sell their plot(s). PWAN-PRIME would require the seller to furnish the company with
details of the buyer.
B. A Charge of 10% of the current selling price of the Land (Covering Transfer Documentation Fee shall be paid to the Company by the buyer).
Q17. CAN I PAY CASH TO YOUR AGENT?
A. We strongly advise that cash payments should ONLY be made to PWAN-PRIME LTD at its designated offices. Otherwise, cheque(s) should be
issued in favor of PWAN-PRIME INVESTMENTS AND PROPERTIES LTD. We shall not accept any responsibility for any liability that may arise as a
result of a deviation from the above instruction.
Q18. Is PWAN-PRIME LTD AML/CFT compliant?
A. Yes
Q19. WHAT HAPPENS IF I CANNOT CONTINUE WITH MY PAYMENT? CAN I REQUEST FOR A REFUND?
A. Yes, you can apply for refund only if you have not been allocated your plot(s). However, refund can only be requested for within 60 days
of Purchase and the refund policy will apply as stated in Q19 (b) below.
B. In the event of a Refund, you are required to give the Company ninety (90) days' notice to process your refund request and a further sixty
(60) days if the process isn't completed after the first 90 days. The refund shall be processed and paid less 40% (Administrative, Logistics &
Agency Fees).
C. You cannot request for refund once allocation has been done.
Field is required!
Field is required!
Q1 WHERE IS PEARL RESIDENCE LOCATED?
Pearl Residence is located inside Pearl View Estate Amorji /Nkwubor Nike, in Enugu East Local Government Area, Enugu State.

Q2 WHO ARE THE OWNERS/DEVELOPERS OF PEARL RESIDENCE
PWAN-Prime Investments and Properties Limited are the owners & developers of Pearl Residence Enugu, a residential housing unit estate comprising of 2-bedroom terrace apartments, 4-bedroom semi-detached duplexes
and 4 bedroom fully detached duplexes.

Q3 WHAT ARE THE TERMS OF PAYMENT FOR A RESIDENTIAL UNIT SUBSCRIBED TO IN PEARL RESIDENCE?
(a)Depending on the selected residential unit and duration of payment subscribed to.

(b) An initial deposit of the cost of the unit as stated in the payment plan. Payment of the initial deposit as stated in the payment plan guarantees you a slot, but construction of the subscribed unit does not commence until a sum equivalent to 35% of the unit has been paid. (A monthly installment or such other arrangement must accumulate to 50% before a unit is guaranteed to a subscriber).
Q4 WHAT IS THE DELIVERY PERIOD OF THE UNIT SUBSCRIBED & FULLY PAID FOR IN PEARL RESIDENCE?
Delivery period of the unit subscribed and fully paid for is 18 Months from the date of construction (the date of payment of a total cost of 35% for the unit subscribed).

Q5 WHAT DOES THE TOTAL SUM PAID ENTAIL?
The total sum paid for covers the cost of the unit paid for.

Q6 WHAT OTHER PAYMENTS DO I MAKE WITH/AFTER THE PAYMENT FOR THE UNIT?
(a) Deed of Assignment: N1,000,000 (per plot)for all unit types
(b) Registered Survey Plan Fee: N150,000 (per plot) for Semi Detached Duplex and Fully Detached Duplex Only
(c) Other fees for development levy and service charge will be paid for separately before the unit is delivered to the purchaser. This will be communicated later


Q7 WHAT DO I GET AFTER MAKING AN INITIAL DEPOSIT OF 30% – 50%?
On making payment of an initial deposit of 30% of the cost of the unit subscribed for, you get:
(c) A payment receipt and a letter of acknowledgment of payment received
(d) Free brochure
(e) Free estate layout
On further payment of 50%, you get a payment receipt on each payment received and an up to date report of building project for subscribed unit paid for.

Q8 WHAT DO I GET AFTER MAKING FULL PAYMENT FOR A UNIT?
(f) Full payment receipt of total sum paid
(g) Sales and Purchase Agreement
(h) Survey & Deed of Assignment for the unit subscribed
(i) Receipt of Deposit of Service charge for 1 (one) year (after payment).

Q9 CAN I PAY CASH/CHEQUE TO YOUR AGENT?
We strongly advise that cash/cheque payment should only be made in favour of PWAN-PRIME INVESTMENTS & PROPERTIES LIMITED at our designated bank. We shall not accept any responsibility or any liabilities that may
arise as a result of a deviation from the above.

Q10 CAN I TRANSFER MY INTEREST IN THE UNIT TO ANOTHER SUBSCRIBER?
Yes. Where payment has been completed, transfer of interest in the unit subscribed by a purchaser shall only be done upon receipt of prior express consent in writing by the purchaser.

Both purchaser and third party will complete our Housing Unit Transfer Form after which title documents and a new purchase agreement will be issued to the third party (new buyer). A non-refundable fee of N250, 000
(Two Hundred & Fifty Thousand Naira) only per unit is payable before the necessary transfer documents can be processed. (This transfer fee is subject to review).

The purchaser shall bear the cost of procuring new survey plans and deed of assignment and any other document required to transfer interest. The applicable cost shall be determined by the vendor at the time of notification of intention to transfer.

Q11 WHAT HAPPENS IF I CANNOT CONTINUE WITH MY PAYMENT? CAN I REQUEST FOR A REFUND?
(a) Yes, you can apply for refund only within 60 days of your subscription if you have paid 50% of the cost of the unit constructed.
(b) However, you cannot request for refund after 60 days of payment even if you have paid up to 50% of the cost of the unit to be constructed.
(c) In the event of a refund as stated in Q11 (a), you are required to give the company Ninety (90) days’ notice to process your refund request and a further Sixty (60) days if the process isn’t completed after the first 90 days. The refund shall be processed and be paid according to the payment plan used for the subscription less 50% (Administrative Fee and Others).

PEARL RESIDENCE ENUGU PAYMENT PLAN

2 BEDROOM TERRACE APARTMENTS
Price:
Outright: N29,089,689.72
12 Months: N31,998,658.69 (Initial deposit of N4.8 Million)
18 Months: N33,598,591.63 (Initial deposit of N5.03 Million)
24 Months: N35,278,521.22 (Initial deposit of N5.3 Million)


4 BEDROOM SEMI-DETACHED DUPLEX
Price:
Outright: N43,897,135.20
12 Months: N48,286,848 (Initial deposit of N7.2 Million)
18 Months: N53,115,532.80 (Initial deposit of N7.9 Million)
24 Months: N58,427,086.80 (Initial deposit of N8.7 Million)


4 BEDROOM FULLY DETACHED DUPLEX
Price:
Outright: N57,600,000
12 Months: N63,360,000 (Initial deposit of N9.5 Million)
18 Months: N66,520,000 (Initial deposit of N9.9 Million)
24 Months: N73,180,800 (Initial deposit of N10.9 Million)
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