By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: How Property Tech Solutions can revolutionise housing – Adebayo
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > Africa Intl Housing Show > How Property Tech Solutions can revolutionise housing – Adebayo
Africa Intl Housing Show

How Property Tech Solutions can revolutionise housing – Adebayo

Fesadeb
Last updated: 2021/08/13 at 6:29 AM
Fesadeb Published August 13, 2021
Share
SHARE

The Abuja International Housing Show has emerged the largest housing and construction event showcase Nigeria to serve the world in 15 years, with proven record of excellence in meeting the teeming needs of the built industry and the market it serves in a most dynamic way.

The International Housing Show/Exhibition that featured Products Presentation, Exhibition of Building Technology on affordable housing from different parts of the world, home interiors, modern construction equipment, chemical and paints products, mortgage services, housing projects, interactive forums with high net-worth participants, culminating in Nigeria Housing Awards 2021 has become Africa’s biggest housing and construction expo.

It was declared open by Nigeria’s Minister of Works and Housing, Mr Babatunde Fashola who said the government has completed 2,249 low-cost houses out of the 4,694 units being developed in 34 states and the Federal Capital Territory. 

The Convener of the Abuja International Housing Show, Barrister Festus Adebayo has said ‘Save To Win’ (STOW); the PropTech, (property technology) solution promoted by Octo5 Holdings Ltd, will revolutionize housing in Nigeria and bring about much needed collaboration in the Nigerian housing sector.

Adebayo made the statement while speaking about the recently concluded 15th Abuja International Housing Show, where STOW was awarded the PropTech solution of the year.

According to him, with property developers and other real estate companies collaborating on a platform like STOW, solving the housing needs of Nigerians both at home and in the diaspora would become an easier task. 

He added that the STOW (Save-to-own) app is a demand aggregator that enables potential home owners to save gradually towards their home ownership goals. “On the app, users can search, view and purchase properties via secure and transparent monthly payments.”

Speaking further about the app, Mr Adebayo said “It is so easy and flexible as if one is paying into a cooperative and at a particular time, you choose the type of house that you want and get your allocation and key to the house.”

According to him, with property developers and other real estate companies collaborating on a platform like STOW, solving the housing needs of Nigerians both at home and in the diaspora would become an easier task. 

He added that the STOW (Save-to-own) app is a demand aggregator that enables potential home owners to save gradually towards their home ownership goals. “On the app, users can search, view and purchase properties via secure and transparent monthly payments.”

The AIHS boss added that it is one of the best ways to help Nigerians who cannot get bulk money at once to own a home and called on other real estate developers in Nigeria to showcase their credible housing projects on the STOW platform. The 15th Abuja International Housing which took place last week in Abuja had in attendance over 8,000 people.

Source: Sun News Online

You Might Also Like

AIHS to Host Under-40 Real Estate CEOs for Capacity Building, Networking

Sierra Leone building collapse kills eight

Inspiring Women in Africa Housing: How Risikatu Ahmed is Leading a Mortgage Revolution at ASO Savings

ABOUT AFRICA INTERNATIONAL HOUSING SHOW ( AIHS)

Tough Times for Real Estate Sales Nationwide

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

TAGGED: Festus Adebayo
Fesadeb August 13, 2021 August 13, 2021
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?