Land prices in Progressive Estate, Oyo
Progressive Estate is a gated estate in Sobaloju, Ìbàdàn, Lagelu LGA, Oyo, in the middle-income zone. Residential land is about ₦85,000 per m², so a typical 600 m² plot is about ₦51m.
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| Typical 600 m² plot | ₦51m | residential |
| Land: residential | ₦85,000 | per m² |
| Land: commercial | ₦102,650 | per m² |
| Land: industrial | ₦68,271 | per m² |
| Building: 2-bed flat | ₦62.5m | asking price |
| Building: 3-bed flat | ₦84.6m | asking price |
| Building: 4-bed house | ₦127.7m | asking price |
| Building: 5-bed house | ₦184.6m | asking price |
| Rent: 1-bed / mini flat | ₦1m | per year |
| Rent: 2-bed flat | ₦1.8m | per year |
| Rent: 3-bed flat | ₦3.5m | per year |
| Rent: 4-bed house | ₦6.6m | per year |
| Rent: shop or office | ₦32,746 | per m² per year |
Lagelu LGA as a whole: ₦18,300 per m² median. Coordinates 7.44320, 3.98640.
Questions people ask
How much is a plot of land in Progressive Estate, Oyo?
A typical 600 m² residential plot in Progressive Estate, Oyo is about ₦51m (around ₦85,000 per m²) in asking prices as of October 2026. Commercial land is about ₦102,650 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Progressive Estate, Oyo?
About ₦3.5m a year for a 3-bedroom flat, ₦1.8m for a 2-bedroom flat and ₦1m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Progressive Estate, Oyo?
Asking prices for a 4-bedroom house in Progressive Estate, Oyo are around ₦127.7m; a 3-bedroom flat around ₦84.6m (October 2026).