Buildocrat Land Value Book

Land prices in Federal Housing Estate Akinogun, Lagos

Federal Housing Estate Akinogun is a gated estate in Shagari, Egbeda, Alimosho LGA, Lagos, in the middle-income zone. Residential land is about ₦150,000 per m², so a typical 600 m² plot is about ₦90m.

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Land, building and rental values

Typical 600 m² plot₦90mresidential
Land: residential₦150,000per m²
Land: commercial₦189,823per m²
Land: industrial₦193,868per m²
Building: 2-bed flat₦91masking price
Building: 3-bed flat₦107.2masking price
Building: 4-bed house₦176.2masking price
Building: 5-bed house₦251masking price
Rent: 1-bed / mini flat₦886,709per year
Rent: 2-bed flat₦2.1mper year
Rent: 3-bed flat₦2.7mper year
Rent: 4-bed house₦8.6mper year
Rent: shop or office₦16,726per m² per year

Alimosho LGA as a whole: ₦113,000 per m² median. Coordinates 6.61320, 3.28440.

Questions people ask

How much is a plot of land in Federal Housing Estate Akinogun, Lagos?

A typical 600 m² residential plot in Federal Housing Estate Akinogun, Lagos is about ₦90m (around ₦150,000 per m²) in asking prices as of October 2026. Commercial land is about ₦189,823 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Federal Housing Estate Akinogun, Lagos?

About ₦2.7m a year for a 3-bedroom flat, ₦2.1m for a 2-bedroom flat and ₦886,709 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Federal Housing Estate Akinogun, Lagos?

Asking prices for a 4-bedroom house in Federal Housing Estate Akinogun, Lagos are around ₦176.2m; a 3-bedroom flat around ₦107.2m (October 2026).

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