Buildocrat Land Value Book

Land prices in Millennium Estate, Lagos

Millennium Estate is a gated estate in Redemption Cresent, Obanikoro, Kosofe LGA, Lagos, in the high-income zone. Residential land is about ₦460,000 per m², so a typical 600 m² plot is about ₦276m.

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Land, building and rental values

Typical 600 m² plot₦276mresidential
Land: residential₦460,000per m²
Land: commercial₦632,975per m²
Land: industrial₦506,363per m²
Building: 2-bed flat₦133masking price
Building: 3-bed flat₦214.3masking price
Building: 4-bed house₦359.9masking price
Building: 5-bed house₦518.7masking price
Rent: 1-bed / mini flat₦2.2mper year
Rent: 2-bed flat₦4.2mper year
Rent: 3-bed flat₦6.5mper year
Rent: 4-bed house₦16.8mper year
Rent: shop or office₦60,826per m² per year

Kosofe LGA as a whole: ₦242,000 per m² median. Coordinates 6.55400, 3.37730.

Questions people ask

How much is a plot of land in Millennium Estate, Lagos?

A typical 600 m² residential plot in Millennium Estate, Lagos is about ₦276m (around ₦460,000 per m²) in asking prices as of October 2026. Commercial land is about ₦632,975 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Millennium Estate, Lagos?

About ₦6.5m a year for a 3-bedroom flat, ₦4.2m for a 2-bedroom flat and ₦2.2m for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Millennium Estate, Lagos?

Asking prices for a 4-bedroom house in Millennium Estate, Lagos are around ₦359.9m; a 3-bedroom flat around ₦214.3m (October 2026).

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