Overview
- Updated On:
- August 25, 2026
Description

Metro Smart City Lekki 1 is a premium residential and commercial land development by METROSPEED Property Development Limited in the Lagoon District of Lekki Phase 1, Lagos. The project offers residential plots of 500 sqm and 1,000 sqm, plus commercial plots of 2,000 sqm, with pricing from ₦472,500,000. Designed as a smart city estate in Lekki Phase 1, the development is positioned for private homes, luxury villas, residential development, corporate headquarters, retail plazas, hospitality ventures, and mixed-use projects.
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Metro Smart City Lekki 1 Key Facts.
| Item | Details |
|---|---|
| Project Name | Metro Smart City |
| Also Searched As | MetroSmart City |
| Location | Lagoon District, Lekki Phase 1, Lagos |
| Developer | METROSPEED Property Development Limited |
| Property Type | Premium residential and commercial land development |
| Unit Types | 500 sqm residential plots, 1,000 sqm residential plots, 2,000 sqm commercial plots |
| Completion Status | Reclamation and project status should be confirmed before reservation |
| Payment Plan | Flexible zero-interest installment options |
| Price Range | ₦472,500,000 – ₦2,310,000,000 |
| Title References | Governor’s Consent and Deed of Assignment referenced in project research |
| Contractor Reference | CCECC referenced as contractor in project research |
✅ Confirm Plot Availability & Project Status
Metro Smart City Current Pricing Table.
| Land Option | Plot Size | Price Per sqm | Total Price | Ideal Use |
|---|---|---|---|---|
| Residential Plot — Half Plot | 500 sqm | ₦945,000/sqm | ₦472,500,000 | Custom luxury homes, private villas, family living |
| Residential Plot — Full Plot | 1,000 sqm | ₦945,000/sqm | ₦945,000,000 | Private estates, multi-family residences, residential development |
| Commercial Plot — Full Plot | 2,000 sqm | ₦1,155,000/sqm | ₦2,310,000,000 | Corporate headquarters, retail plazas, hospitality, mixed-use development |
Quoted rates are valid for a limited number of plots and should be reconfirmed before reservation.
💰 Get Full Pricing & Zero-Interest Payment Plan
Location Advantages.
Lagoon District, Lekki Phase 1
Metro Smart City Lekki 1 is located in the Lagoon District, one of the most strategic waterfront-adjacent areas within Lekki Phase 1. The project is positioned for buyers searching for Lagoon District Lekki Phase 1 land, smart city land in Lagos, and land for sale in Lagoon District Lekki Phase 1.
In proximity to other developments like Den Heights, The Crescendo, The Bugatti, and Lekki Foreshore, among others
Nearby Landmarks
Key location references around Metro Smart City Lekki 1, Lagoon District include:
- Freedom Way, Lekki Phase 1
- Lagos Lagoon
- Pinnock Estate
- Pinnock Beach Estate
- NICON Town
- Lekki Regional Road
- Lekki Phase 1
- Victoria Island access corridor
- Lekki commercial and lifestyle districts
Lifestyle Benefits
- Lagoon District address in Lekki Phase 1
- Waterfront-adjacent land positioning
- Residential plots for private homes and family villas
- Metro Smart City Commercial plots for business, retail, hospitality, or mixed-use development
- Smart-city infrastructure concept
- Secure urban enclave positioning
- Relevant for buyers seeking Lagos Lagoon land for sale and waterfront land in Lekki Phase 1
Amenities.
Smart Infrastructure
- Smart infrastructure framework
- Future-focused utilities
- World-class connectivity
- Smart-city estate planning
Power & Utility Planning
- Reliable power framework
- Modern utility planning
- Infrastructure designed for residential and commercial development
Security Infrastructure
- State-of-the-art security planning
- Secure urban enclave positioning
- Controlled estate environment
Drainage & Environmental Planning
- Modern drainage systems
- Waterfront-adjacent urban planning
- Lagoon District location planning
🗺️ Book a Site Visit to Metro Smart City
ABOUT THE DEVELOPER.
METROSPEED Property Development Limited is the developer of Metro Smart City, an elite urban enclave in the Lagoon District, Lekki Phase 1. The company designed the development to offer residential and commercial land with smart infrastructure, security, and modern utilities.
METRO SMART CITY Lekki 1— FREQUENTLY ASKED QUESTIONS.

Q1: What is Metro Smart City?
A1: Metro Smart City is an elite urban enclave by METROSPEED Property Development Limited, offering residential and commercial plots in the Lagoon District, Lekki Phase 1, Lagos.
Q2: Where is Metro Smart City located?
A2: Metro Smart City Lagoon District is located in Lekki Phase 1, Lagos, Nigeria.
Q3: Who is the developer of Metro Smart City Lekki 1?
A3: Metro Smart City is developed by METROSPEED Property Development Limited.
Q4: What are the available Metro Smart City plot sizes?
A4: Metro Smart City plot sizes offer three options: a 500 sqm residential half plot, a 1,000 sqm residential full plot, and a 2,000 sqm commercial full plot.
Q5: How much does a 500 sqm plot cost at Metro Smart City?
A5: The Metro Smart City 500 sqm residential half plot is priced at ₦472,500,000, at a rate of ₦945,000 per sqm. Buyers should confirm current pricing and availability with the sales team before reservation.
Q6: How much does a 1,000 sqm plot cost at Metro Smart City?
A6: The Metro Smart City 1,000 sqm residential full plot is priced at ₦945,000,000, at a rate of ₦945,000 per sqm. Buyers should confirm current pricing and plot availability before proceeding.
Q7: How much does Metro Smart City commercial plot cost ?
A7: The Metro Smart City commercial plot at 2,000 sqm is priced at ₦2,310,000,000, at a rate of ₦1,155,000 per sqm. Buyers should confirm current pricing, availability, and development conditions directly with the sales team before reservation.
Q8: What is the payment plan for Metro Smart City?
A8: Metro Smart City offers a Zero Interest Payment Plan, with flexible instalment options available at 0% interest. Buyers should confirm the full payment schedule, instalment terms, and validity period with the METROSPEED sales team before proceeding.
Q9: Is Metro Smart City suitable for commercial development?
A9: Yes. The 2,000 sqm Metro Smart City commercial plot is ideal for corporate headquarters, luxury retail plazas, hospitality ventures, or mixed-use developments. Buyers interested in Metro Smart City commercial plots should confirm development conditions, permitted uses, and plot availability with the sales team.
Q10: What landmarks are near Metro Smart City?
A10: Metro Smart City is located near Pinnock Estate and NICON Town, with direct access to the Lekki Regional Road — positioning it within one of Lekki Phase 1’s most established and high-demand residential and commercial corridors.
Q11: Is Metro Smart City near Freedom Way?
A11: Yes. Metro Smart City is situated off Freedom Way, Lekki Phase 1, Lagos — one of the most accessible and recognisable arterial routes within the Lekki district.
Q12: What infrastructure does Metro Smart City Lekki 1 offer?
A12: Metro Smart City is designed with futuristic utility infrastructure, a reliable power framework, state-of-the-art security systems, and modern drainage — built to support long-term residential and commercial development within the Lagoon District, Lekki Phase 1.
Q13: Is Metro Smart City Lekki 1 a good investment?
A13: Metro Smart City Lekki 1 is positioned within a high-demand district in Lekki Phase 1, Lagos, with infrastructure, location, and limited plot availability factors that support strong long-term return on investment. Buyers should conduct independent due diligence and confirm all relevant details with the METROSPEED sales team before committing.
Q14: Are Metro Smart City plots limited in availability?
A14: Yes. Quoted rates at Metro Smart City are valid for a limited number of plots. Buyers are advised to confirm current plot availability and price validity directly with the sales team at the time of enquiry before reservation.
Q15: What is the difference between the residential half plot and full plot at Metro Smart City?
A15: The residential half plot at Metro Smart City is 500 sqm — suited for custom luxury homes and private villas. The residential full plot is 1,000 sqm — better suited for sprawling private estates or multi-family residential developments. Both options are available at ₦945,000 per sqm and are subject to the Zero Interest Payment Plan. Buyers should confirm current availability and instalment terms with the METROSPEED sales team before reservation.
- Principal and Interest
- Property Tax
- HOA fee
- Private Mortgage Insurance


