Buildocrat Land Value Book

Land prices in Post Service Housing Scheme, Lagos

Post Service Housing Scheme is a gated estate in Iyana Iba, Ojo, Ojo LGA, Lagos, in the lower-income zone. Residential land is about ₦65,000 per m², so a typical 600 m² plot is about ₦39m.

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Land, building and rental values

Typical 600 m² plot₦39mresidential
Land: residential₦65,000per m²
Land: commercial₦100,377per m²
Land: industrial₦102,072per m²
Building: 2-bed flat₦77.5masking price
Building: 3-bed flat₦89.4masking price
Building: 4-bed house₦111.8masking price
Building: 5-bed house₦211.9masking price
Rent: 1-bed / mini flat₦1.1mper year
Rent: 2-bed flat₦1.7mper year
Rent: 3-bed flat₦2.4mper year
Rent: 4-bed house₦7mper year
Rent: shop or office₦13,955per m² per year

Ojo LGA as a whole: ₦53,100 per m² median. Coordinates 6.47320, 3.20320.

Questions people ask

How much is a plot of land in Post Service Housing Scheme, Lagos?

A typical 600 m² residential plot in Post Service Housing Scheme, Lagos is about ₦39m (around ₦65,000 per m²) in asking prices as of October 2026. Commercial land is about ₦100,377 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Post Service Housing Scheme, Lagos?

About ₦2.4m a year for a 3-bedroom flat, ₦1.7m for a 2-bedroom flat and ₦1.1m for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Post Service Housing Scheme, Lagos?

Asking prices for a 4-bedroom house in Post Service Housing Scheme, Lagos are around ₦111.8m; a 3-bedroom flat around ₦89.4m (October 2026).

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