Average property prices of Sri Lanka

                 

Average Prices are based on property ads published on LankaPropertyWeb.com until the stated period. The prices are the advertised prices and not the final selling price and may not be a true reflection of the overall property prices in Sri Lanka. The prices have been taken from a sample of around 15,000 property ads.

* Algorithm updated in 2016 Q1. House and apartment price values shown for specific bedroom types. Outliers for land prices adjusted.
  Algorithm updated in 2022 Q4 to optimise outlier identification.


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Sri Lanka Overall prices for March 2024

Average Price (Rs.)
Change
(Since last year)
Sri Lanka Overall House Sale price 68.04 million   15.00%
Sri Lanka Overall Apartment Sale price 80.69 million   4.40%
Sri Lanka Overall Commercial Buildings Sale price 246.83 million   5.50%


Average Sales prices by Region for March 2024

Average Price (Rs.)
Colombo House Sale price 195.77 million
Colombo Apartment Sale price 96.95 million
Colombo Commercial Buildings Sale price 337.72 million
Western Province (apart from Colombo city) House Sale price 55.06 million
Southern province House Sale price 43.45 million
Central province House Sale price 43.94 million
North West province House Sale price Insufficient data
North Central province House Sale price Insufficient data
Uva province House Sale price Insufficient data
Sabaragamuwa province House Sale price Insufficient data
Eastern province House Sale price Insufficient data
Northern Province House Sale price Insufficient data
House prices for 4-bedroom houses and apartment prices for 3-bedroom apartments.

 

Average Land prices by Region for March 2024

Average Price (Rs.)
Overall Residential Land price 2.07 million Per perch
Colombo Residential Land price 12.37 million Per perch
Western Province (apart from Colombo city) Residential Land price 1.37 million Per perch
Southern province Residential Land price 555,000 Per perch
Central province Residential Land price 991,000 Per perch
North West province Residential Land price 533,000 Per perch
North Central province Residential Land price Insufficient data
Uva province Residential Land price 270,000 Per perch
Sabaragamuwa province Residential Land price 488,000 Per perch
Eastern province Residential Land price 320,000 Per perch
Northern Province Residential Land price Insufficient data
Overall Tea Land price 4.90 million Per acre
Overall Rubber Land price Insufficient data
Overall Coconut Land price 7.13 million Per acre

 

Average Rental prices by Region for March 2024

Average Price (Per Month)
Colombo House Rental price 502,000
Colombo Apartment Rental price 410,000
Western Province (apart from Colombo city) House Rental price 203,000
Southern province House Rental price Insufficient data
Central province House Rental price Insufficient data
North West province House Rental price Insufficient data
North Central province House Rental price Insufficient data
Uva province House Rental price Insufficient data
Sabaragamuwa province House Rental price Insufficient data
Eastern province House Rental price Insufficient data
Northern Province House Rental price Insufficient data
House prices for 4-bedroom houses and apartment prices for 3-bedroom apartments.

 

 

Average Land perch prices in Western Province (Q1 2024)

 

City
Average Price (Per Perch) - 2024 Q1
(% Change since 2023 Q1)
% Increase since 2018 Q1
Angoda 1,395,728 (1% ) 196%
Athurugiriya 1,022,358 (13% ) 178%
Battaramulla 2,969,336 (10% ) 64%
Boralesgamuwa 2,106,910 (13% ) 62%
Dehiwala 4,598,810 (19% ) 35%
Ethul Kotte 3,380,427 (-7% ) 56%
Gothatuwa 1,655,397 (-11% ) 136%
Hanwella 299,409 (13% ) 212%
Hokandara 1,517,061 (-3% ) 198%
Homagama 598,023 (-14% ) 88%
Kaduwela 905,371 (18% ) 127%
Kalubowila 4,301,317 (1% ) 65%
Kesbewa 675,733 (0% ) 48%
Kolonnawa 2,068,149 (2% ) 195%
Kottawa 1,274,109 (1% ) 108%
Maharagama 2,049,896 (-1% ) 103%
Malabe 1,637,185 (12% ) 98%
Moratuwa 1,601,725 (11% ) 81%
Mount Lavinia 3,888,604 (19% ) 87%
Nawala 5,266,156 (10% ) 47%
Nugegoda 3,421,242 (6% ) 45%
Padukka 338,823 (13% ) 120%
Pannipitiya 1,768,825 (14% ) 75%
Pelawatte 3,263,445 (-3% ) 90%
Peliyagoda 861,194 (0% ) 0%
Piliyandala 813,377 (-6% ) 52%
Pita Kotte 3,757,055 (13% ) 96%
Rajagiriya 4,005,054 (25% ) 44%
Rathmalana 2,737,945 (12% ) 68%
Thalahena 1,891,687 (-13% ) 72%
Thalawathugoda 2,560,728 (13% ) 63%
Wellampitiya 1,554,075 (14% ) 176%
*These values represent statistical average prices of lands listed on our website for that whole area. Prices within the area will have its own variances, such as land close to main roads or junctions being expensive and above average. If you wish to obtain more accurate prices for your land or neighbourhood prices, then you should view land for sale listings for that area, check with an estate agent or valuer in your area.

 

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