Latest news with #ParamountTwinTowers
Zawya
2 days ago
- Business
- Zawya
Nigeria: Developer excites home buyers, investors with luxury real estate
GOING by the sophistication and changing tastes among real estate consumers, Palton Morgan, the developer of Paramount Twin Towers (PTT), has opened fresh opportunity for home buyers and investors alike in its latest luxury property development. Located in the heart of Lagos metropolis, the developer, who operates mostly at the luxury end of the real estate market, has committed itself to offering Nigeria›s most valuable and well-planned communities. Described as Lagos new standard for luxury living, PTT is being developed by Grenadines Homes, a subsidiary of the Palton Morgan Group. It is a new collection of premium 2-bedroom apartments that are typically larger than the regular 2-bedroom units and come with two living rooms and two terraces. The twin towers offer residents a true 5-star living experience, which aligns seamlessly with the theme for its campaign — 'Experience 5-Star Living by the Ocean'— which the developer has achieved by providing the kind of luxury experiences people get when they stay in premium hotels all over the world. The development combines elegance, comfort, and convenience in one of Nigeria's most coveted coastal locations. It is located in Oniru, Victoria Island, Lagos which is an oceanfront destination, offering exceptional flexibility arising from its proximity to landmark developments. Speaking during the unveiling of this iconic development, Executive Director, Commercial, Palton Morgan, Adeola Salami, stressed the company's commitment to credibility, structural integrity, and long-term value. 'We are building not just homes, but lifestyle defined by security, sophistication, and enduring investment appeal,' she said. On her part, Folake Johnson, Head of Brand and Marketing, noted that, 'luxury today is more than just architecture; it is about experience and exclusivity. Paramount Twin Towers sets a new benchmark for 5-star living in Lagos, providing top executives and high net-worth individuals (HNIs) with a seamless blend of home comfort and world-class hospitality.' Earlier, Director, Project and Construction Management Palton Morgan, Peter Reven, had observed that, 'Paramount Twin Towers is not just a residence; it is a statement of success and refined living. We designed this project to meet the expectations of high-achieving individuals who demand the best in both comfort and experience. This is a property where executives and industry leaders can retreat to tranquillity while remaining connected to the pulse of the city.' The new luxury real estate development benefits from Eko Atlantic City and more from the Lagos-Calabar coastal road. PTT comes with upscale features and amenities that exemplify Palton Morgan's tradition of fusing advanced architecture with aesthetics for elevated luxury living. These include valet parking, concierge services, high-end restaurants, 24/7 security, ample parking space on 3 floors, kids play area, infinity pools, and many more. Every unit of this development is designed to provide seamless functionality and comfort. The open-plan lounges, modern kitchens, service areas, and carefully positioned windows flood each room with natural light that offers breathtaking views of the Atlantic Ocean, just 200 meters away. Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (
Business Insider
21-05-2025
- Business
- Business Insider
Palton Morgan Holdings pioneers 5-star living with its paramount twin towers apartments in Victoria Island
Lagos, a megacity synonymous with ambition and growth, continues to evolve, and Palton Morgan Holdings is taking center stage in shaping this transformation. Through its member company, Grenadines Homes, the group is setting new benchmarks for luxury living with the launch of the Paramount Twin Towers in Oniru, Victoria Island. Positioned as the ultimate 5-Star Living Experience, this project reflects the sophistication, functionality, and modernity demanded by today's discerning urban dwellers. The Paramount Twin Towers is a striking two-tower residential development designed to offer more than just homes, it promises a lifestyle that blends comfort, community, and international standards of luxury. Lagos luxury real estate market is thriving as affluent Nigerians and global investors increasingly seek properties that integrate convenience with top-tier amenities. Paramount Twin Towers answers this demand, delivering thoughtfully curated apartments ranging from studios and three-bedroom units to maisonettes and exclusive penthouses. Each residence has been crafted with precision, boasting open-plan layouts, floor-to-ceiling windows, modern kitchens, and service areas that cater to the needs of families and professionals alike. However, what truly sets Paramount Twin Towers apart is the project's emphasis on lifestyle. The development is designed to give residents a sense of serenity and exclusivity, offering lush landscaped gardens, rooftop swimming pools, and wellness zones, all set just 200 meters from the Atlantic Ocean. Beyond the development's visual allure, its location in Oniru, Victoria Island is one of its greatest assets. Residents will enjoy unrivaled access to Lagos' prime commercial and recreational areas. Victoria Island's business district, Ikoyi's green spaces, and Lekki's vibrant social scene are all within reach. Whether it's a quick commute to a corporate headquarters or an evening at one of the city's top dining spots, everything is conveniently close. Landmarks such as Landmark Towers, Nike Art Gallery, Twin Waters Leisure Center, and Hard Rock Café are all a short drive away. Furthermore, with access to major transport routes like the Lekki-Epe Expressway, the towers offer connectivity that rivals any premium development in Lagos. Palton Morgan Holdings, through Grenadines Homes, has earned a reputation for delivering projects that blend design innovation with functionality. The Paramount Twin Towers exemplifies this ethos. The project is designed by ECAD Architects, the award-winning firm behind some of Lagos' most prestigious structures, including Heritage Place and Kingsway Tower. This partnership has resulted in a development that balances architectural brilliance with structural integrity and environmental responsibility. Security and safety are fundamental pillars in every Grenadines Homes development, and Paramount Twin Towers is no exception. The towers will feature a gated community with controlled entry and exit points, 24/7 professional concierge services, secure lobbies, centralized CCTV surveillance, fireman elevators, and advanced fire safety systems on every floor. The project is also fully inclusive, with dedicated ramps and parking spaces for people with special needs, further reinforcing the developer's commitment to international standards. Paramount Twin Towers is more than just a secure, well-appointed residence; it is a 5-star living ecosystem. Beyond private living spaces, the towers offer communal facilities aimed at fostering a sense of belonging. From a banquet hall for private events to a well-equipped gym, a prayer room, a cinematic TV lounge, and a children's indoor play area, residents have access to spaces designed to encourage connection and community engagement. Speaking on the towers' prestige and potential to become the premier residence in Victoria Island, Folake Johnson, Head of Brand and Marketing, stated, "Paramount Twin Towers offers an elite level of service and exclusivity that meets global luxury standards. Our goal is to redefine 5-star living by integrating world-class hospitality into residential spaces, ensuring that residents feel at home." For investors, this presents an attractive opportunity. Branded residences like Paramount Twin Towers always result in stronger capital appreciation and higher rental yields, especially in high-demand areas like Victoria Island. The towers are slated for delivery between December 2025 and March 2026, positioning the project to meet the rising demand for premium properties in Lagos' increasingly competitive real estate market. With limited inventory available in key locations like Oniru and Victoria Island, savvy investors and homebuyers are already moving to secure units in what is fast becoming one of the city's most sought-after addresses. Palton Morgan Holdings continues to raise the bar for luxury housing in Africa's real estate market. The Paramount Twin Towers exemplifies the company's commitment to developing landmark properties across the continent, bringing its signature blend of luxury, innovation, and sustainability to more cities and communities.
