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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 September 2024

Average Price (Rs.)
Change
(Since last year)
Sri Lanka Overall House Sale price 71.21 million   16.60%
Sri Lanka Overall Apartment Sale price 84.24 million   14.90%
Sri Lanka Overall Commercial Buildings Sale price 254.22 million   6.90%
MOR24


Average Sales prices by Region for September 2024

Average Price (Rs.)
Colombo House Sale price 200.41 million
Colombo Apartment Sale price 101.19 million
Colombo Commercial Buildings Sale price 353.97 million
Western Province (apart from Colombo city) House Sale price 60.92 million
Southern province House Sale price 43.31 million
Central province House Sale price 43.76 million
North West province House Sale price 39.26 million
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 September 2024

Average Price (Rs.)
Overall Residential Land price 1.92 million Per perch
Colombo Residential Land price 12.77 million Per perch
Western Province (apart from Colombo city) Residential Land price 1.33 million Per perch
Southern province Residential Land price 649,000 Per perch
Central province Residential Land price 864,000 Per perch
North West province Residential Land price 515,000 Per perch
North Central province Residential Land price 369,000 Per perch
Uva province Residential Land price 337,000 Per perch
Sabaragamuwa province Residential Land price 311,000 Per perch
Eastern province Residential Land price 357,000 Per perch
Northern Province Residential Land price Insufficient data
Overall Tea Land price 4.93 million Per acre
Overall Rubber Land price Insufficient data
Overall Coconut Land price 7.62 million Per acre

 

Average Rental prices by Region for September 2024

Average Price (Per Month)
Colombo House Rental price 536,000
Colombo Apartment Rental price 419,000
Western Province (apart from Colombo city) House Rental price 225,000
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.
View the Land Price Index

 

Need to get your property valued? Contact our Buyer & Seller Assistance team to get assistance with your valuation

 

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LAND PRICES IN COLOMBO KEEPS RISING AND REMAINS THE BEST INVESTMENT OPTION

COLOMBO SEES NO SLOWDOWN OF APARTMENTS COMING UP

 

 

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