Land prices in Town Park and Gardens Phase 1, Lagos
Town Park and Gardens Phase 1 is a gated estate in Ijomu, Ikorodu, Ikorodu LGA, Lagos, in the lower-income zone. Residential land is about ₦22,000 per m², so a typical 600 m² plot is about ₦13.2m. Location approximate (taken from listing addresses).
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| Typical 600 m² plot | ₦13.2m | residential |
| Land: residential | ₦22,000 | per m² |
| Land: commercial | ₦62,768 | per m² |
| Land: industrial | ₦39,997 | per m² |
| Building: 2-bed flat | ₦40.3m | asking price |
| Building: 3-bed flat | ₦60.2m | asking price |
| Building: 4-bed house | ₦82.2m | asking price |
| Building: 5-bed house | ₦94.5m | asking price |
| Rent: 1-bed / mini flat | ₦589,397 | per year |
| Rent: 2-bed flat | ₦1.2m | per year |
| Rent: 3-bed flat | ₦1.8m | per year |
| Rent: 4-bed house | ₦4.3m | per year |
| Rent: shop or office | ₦7,147 | per m² per year |
Ikorodu LGA as a whole: ₦35,400 per m² median. Coordinates 6.61910, 3.50410.
Questions people ask
How much is a plot of land in Town Park and Gardens Phase 1, Lagos?
A typical 600 m² residential plot in Town Park and Gardens Phase 1, Lagos is about ₦13.2m (around ₦22,000 per m²) in asking prices as of October 2026. Commercial land is about ₦62,768 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Town Park and Gardens Phase 1, Lagos?
About ₦1.8m a year for a 3-bedroom flat, ₦1.2m for a 2-bedroom flat and ₦589,397 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Town Park and Gardens Phase 1, Lagos?
Asking prices for a 4-bedroom house in Town Park and Gardens Phase 1, Lagos are around ₦82.2m; a 3-bedroom flat around ₦60.2m (October 2026).