Buildocrat Land Value Book

Land prices in Ilasamaja, Lagos

Ilasamaja is a district in Surulere, Mushin LGA, Lagos, in the middle-income zone. Residential land is about ₦290,000 per m², so a typical 600 m² plot is about ₦174m.

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Land, building and rental values

Typical 600 m² plot₦174mresidential
Land: residential₦290,000per m²
Land: commercial₦372,630per m²
Land: industrial₦423,087per m²
Building: 2-bed flat₦132.3masking price
Building: 3-bed flat₦162.8masking price
Building: 4-bed house₦268.6masking price
Building: 5-bed house₦429.2masking price
Rent: 1-bed / mini flat₦1.5mper year
Rent: 2-bed flat₦3.5mper year
Rent: 3-bed flat₦5.1mper year
Rent: 4-bed house₦13.7mper year
Rent: shop or office₦29,715per m² per year

Mushin LGA as a whole: ₦365,000 per m² median. Coordinates 6.52280, 3.34420.

Questions people ask

How much is a plot of land in Ilasamaja, Lagos?

A typical 600 m² residential plot in Ilasamaja, Lagos is about ₦174m (around ₦290,000 per m²) in asking prices as of October 2026. Commercial land is about ₦372,630 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦5.1m a year for a 3-bedroom flat, ₦3.5m for a 2-bedroom flat and ₦1.5m for a 1-bedroom or mini flat (October 2026).

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

Asking prices for a 4-bedroom house in Ilasamaja, Lagos are around ₦268.6m; a 3-bedroom flat around ₦162.8m (October 2026).

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