Land prices in Femi Okunnu Housing Estate Phase 1, Lagos
Femi Okunnu Housing Estate Phase 1 is a gated estate in Osapa London, Jakande, Eti Osa LGA, Lagos, in the high-income zone. Residential land is about ₦560,000 per m², so a typical 600 m² plot is about ₦336m.
See Femi Okunnu Housing Estate Phase 1 on the satellite map, with postcodesAsk us on WhatsAppLand, building and rental values
| Typical 600 m² plot | ₦336m | residential |
| Land: residential | ₦560,000 | per m² |
| Land: commercial | ₦812,222 | per m² |
| Land: industrial | ₦580,255 | per m² |
| Building: 2-bed flat | ₦204.8m | asking price |
| Building: 3-bed flat | ₦238.6m | asking price |
| Building: 4-bed house | ₦298.6m | asking price |
| Building: 5-bed house | ₦658.7m | asking price |
| Rent: 1-bed / mini flat | ₦3.4m | per year |
| Rent: 2-bed flat | ₦8.2m | per year |
| Rent: 3-bed flat | ₦10.3m | per year |
| Rent: 4-bed house | ₦12.4m | per year |
| Rent: shop or office | ₦114,444 | per m² per year |
Eti Osa LGA as a whole: ₦504,000 per m² median. Coordinates 6.43860, 3.50580.
Questions people ask
How much is a plot of land in Femi Okunnu Housing Estate Phase 1, Lagos?
A typical 600 m² residential plot in Femi Okunnu Housing Estate Phase 1, Lagos is about ₦336m (around ₦560,000 per m²) in asking prices as of October 2026. Commercial land is about ₦812,222 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Femi Okunnu Housing Estate Phase 1, Lagos?
About ₦10.3m a year for a 3-bedroom flat, ₦8.2m for a 2-bedroom flat and ₦3.4m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Femi Okunnu Housing Estate Phase 1, Lagos?
Asking prices for a 4-bedroom house in Femi Okunnu Housing Estate Phase 1, Lagos are around ₦298.6m; a 3-bedroom flat around ₦238.6m (October 2026).