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.

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Sri Lanka Overall prices for September 2022

Average Price (Rs.)
Change
(Since last year)
Sri Lanka Overall Land price 1.25 million Per perch   28.33%
Sri Lanka Overall House Sale price 55.66 million   -67.00%
Sri Lanka Overall Apartment Sale price 70.68 million   60.00%
Sri Lanka Overall Commercial Buildings Sale price 344.66 million   28.00%
Sri Lanka Overall Residential Land price 769,000 Per perch   -67.00%


Average Sales prices by Region for September 2022

Average Price (Rs.)
Colombo House Sale price 180.79 million
Colombo Apartment Sale price 78.12 million
Colombo Commercial Buildings Sale price 350.39 million
Western Province (apart from Colombo city) House Sale price 49.35 million
Southern province House Sale price 35.48 million
Central province House Sale price 40.76 million
North West province House Sale price 29.09 million
North Central province House Sale price Insufficient data
Uva province House Sale price Insufficient data
Sabaragamuwa province House Sale price 41.47 million
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 2022

Average Price (Rs.)
Western province (apart from Colombo) Land price 970,000 Per perch
Colombo Land price 11.72 million Per perch
Overall Land price 1.25 million Per perch
Overall Residential Land price 769,000 Per perch
Colombo Residential Land price 11.60 million Per perch
Western Province (apart from Colombo city) Residential Land price 655,000 Per perch
Southern province Residential Land price 322,000 Per perch
Central province Residential Land price 606,000 Per perch
North West province Residential Land price 208,000 Per perch
North Central province Residential Land price 278,000 Per perch
Uva province Residential Land price 235,000 Per perch
Sabaragamuwa province Residential Land price 232,000 Per perch
Eastern province Residential Land price 187,000 Per perch
Northern Province Residential Land price 216,000 Per perch
Overall Tea Land price 3.44 million Per acre
Overall Rubber Land price 4.07 million Per acre
Overall Coconut Land price 5.48 million Per acre

 

Average Rental prices by Region for September 2022

Average Price (Per Month)
Colombo House Rental price 386,000
Colombo Apartment Rental price 303,000
Western Province (apart from Colombo city) House Rental price 154,000
Southern province House Rental price 122,000
Central province House Rental price 98,000
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 2022)

 

City
Average Price (Per Perch) - 2022 Q1
(% Change since 2021 Q1)
% Increase since 2018 Q1
Angoda 1,290,175 (-7% ) 174%
Athurugiriya 753,300 (20% ) 105%
Bandaragama 255,459 (-18% ) 38%
Battaramulla 3,056,901 (-5% ) 69%
Biyagama 423,594 (-14% ) 3%
Boralesgamuwa 1,856,781 (8% ) 43%
Dehiwala 4,249,668 (11% ) 25%
Dompe 233,330 (17% ) 201%
Gampaha 371,316 (15% ) 84%
Gothatuwa 2,001,326 (94% ) 186%
Hanwella 237,576 (-8% ) 147%
Hokandara 1,329,839 (27% ) 162%
Homagama 681,652 (5% ) 114%
Horana 303,353 (34% ) 98%
Ingiriya 287,183 (68% ) 482%
Ja-Ela 580,592 (1% ) 68%
Kadawatha 818,448 (1% ) 86%
Kaduwela 639,873 (17% ) 61%
Kalubowila 3,455,821 (-2% ) 33%
Kalutara 396,329 (26% ) 87%
Kandana 939,932 (25% ) 99%
Kelaniya 1,530,089 (16% ) 210%
Kesbewa 871,805 (58% ) 91%
Kiribathgoda 1,441,128 (8% ) 76%
Kolonnawa 1,774,706 (-10% ) 154%
Kottawa 1,347,088 (17% ) 120%
Maharagama 2,112,705 (11% ) 109%
Malabe 1,566,607 (15% ) 89%
Moratuwa 1,523,951 (-3% ) 73%
Mount Lavinia 3,303,960 (12% ) 59%
Nawala 4,801,278 (18% ) 34%
Negambo 762,072 (15% ) 29%
Nugegoda 3,602,265 (9% ) 52%
Padukka 247,923 (18% ) 61%
Panadura 622,734 (-9% ) 62%
Pannipitiya 1,690,141 (23% ) 67%
Pelawatte 3,042,857 (14% ) 77%
Peliyagoda 1,792,857 (-32% ) 77%
Piliyandala 910,311 (26% ) 71%
Pita Kotte 3,325,335 (24% ) 74%
Ragama 701,669 (0% ) 72%
Rajagiriya 3,730,894 (6% ) 34%
Rathmalana 2,484,207 (23% ) 52%
Thalahena 3,395,000 (101% ) 209%
Thalawathugoda 2,252,260 (6% ) 43%
Wadduwa 521,485 (-8% ) 125%
Wattala 1,373,203 (-3% ) 59%
Wellampitiya 1,141,928 (-14% ) 103%
Yakkala 332,963 (-18% ) 19%
*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.

 

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

 

 

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