AGBOWA, LAGOS — Land ownership is becoming more accessible for Nigerians seeking affordable real estate investment opportunities as Zyllion Homes unveils Precious City Estate, a new residential development strategically located along the rapidly expanding Ikorodu–Sagamu corridor.
The estate, situated in Agbowa, Ikorodu, offers serviced plots with flexible payment options, allowing buyers to secure land without waiting years for infrastructure and neighborhood development before commencing construction.
According to Zyllion Homes, the launch comes amid increasing demand for affordable land in Lagos’ fast-growing suburban communities, particularly along the Ikorodu growth axis where major residential and infrastructure projects continue to attract investors and homebuilders.
Growing Demand for Land in Ikorodu
The Ikorodu–Sagamu corridor has emerged as one of Lagos State’s most promising real estate investment destinations. Improved road networks, expanding residential developments, and proximity to major institutions have positioned the area as a preferred location for first-time land buyers and property investors.
Zyllion Homes, which has operated for over a decade across Lagos, Ogun, Delta, Abia, Abuja, Imo, and Accra, Ghana, says Precious City Estate is designed to meet the needs of individuals seeking affordable plots in a developing but already accessible location.
“Buyers no longer have to wait years for an area to develop before they can build,” the company stated, highlighting the estate’s readiness for residential development.
Strategic Location with Key Landmarks Nearby
Precious City Estate enjoys close proximity to several notable institutions and landmarks, making it attractive for residential and investment purposes.
Nearby locations include:
- NYSC Orientation Camp, Agbowa – approximately 10 minutes away
- Lagos State Housing Scheme, Agbowa – approximately 10 minutes away
- Imota/Agbowa Roundabout – 12 to 15 minutes away
- Caleb University – approximately 25 minutes away
- LASU Campus and Epe – approximately 35 minutes away
- Ikorodu Motor Park – approximately 40 minutes away
- Ajah via Epe – approximately 1 hour 30 minutes away
Plot Sizes and Prices
The estate offers multiple plot options tailored to different budgets and development goals:
Plot Size Price
300 Square Metres ₦1.8 Million
500 Square Metres ₦3 Million
3000 Square Metres ₦18 Million
Prospective buyers can purchase plots outright or take advantage of flexible payment plans spread across 3, 6, or 12 months.
Zyllion Homes disclosed that plot allocation can be secured with an initial deposit ranging from ₦500,000 to ₦1.5 million, depending on the selected plot size.
Flexible Building Options for Buyers
One of the estate’s key attractions is its flexible building policy. Buyers are permitted to develop their plots using a wide range of residential designs.
However, the company noted that single-room units with shared facilities are not permitted within the estate. All other approved residential building structures are allowed.
Real Estate Experts Highlight Investment Potential
Property analysts continue to identify emerging corridors such as Agbowa and the wider Ikorodu axis as growth locations due to ongoing urban expansion and increasing housing demand in Lagos.
With competitive pricing, accessible payment plans, and strategic positioning, Precious City Estate is expected to attract both homebuilders and investors looking to capitalize on future appreciation within the Ikorodu–Sagamu growth corridor.
Inspection and Enquiries
Interested buyers can schedule inspections or obtain further information through the following contact numbers:
- +234 814 600 8079
- +234 808 033 7580
- +234 808 033 7140
As demand for affordable land in Lagos continues to rise, industry observers say developments such as Precious City Estate could provide an accessible pathway to property ownership for many Nigerians seeking long-term real estate value.
