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 June 2022

Average Price (Rs.)
Change
(Since last year)
Sri Lanka Overall House Sale price 52.70 million   21.85%
Sri Lanka Overall Apartment Sale price 61.61 million   45.17%
Sri Lanka Overall Commercial Buildings Sale price 281.68 million   9.89%
Sri Lanka Overall Residential Land price 919,000 Per perch   -62.90%


Average Sales prices by Region for June 2022

Average Price (Rs.)
Colombo House Sale price 170.27 million
Colombo Apartment Sale price 76.95 million
Colombo Commercial Buildings Sale price 305.35 million
Western Province (apart from Colombo city) House Sale price 47.35 million
Southern province House Sale price 37.67 million
Central province House Sale price 36.63 million
North West province House Sale price 31.18 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 June 2022

Average Price (Rs.)
Overall Residential Land price 919,000 Per perch
Colombo Residential Land price 10.58 million Per perch
Western Province (apart from Colombo city) Residential Land price 749,000 Per perch
Southern province Residential Land price 405,000 Per perch
Central province Residential Land price 618,000 Per perch
North West province Residential Land price 198,000 Per perch
North Central province Residential Land price 233,000 Per perch
Uva province Residential Land price 241,000 Per perch
Sabaragamuwa province Residential Land price 212,000 Per perch
Eastern province Residential Land price 219,000 Per perch
Northern Province Residential Land price 189,000 Per perch
Overall Tea Land price 3.42 million Per acre
Overall Rubber Land price 3.48 million Per acre
Overall Coconut Land price 5.37 million Per acre

 

Average Rental prices by Region for June 2022

Average Price (Per Month)
Colombo House Rental price 391,000
Colombo Apartment Rental price 268,000
Western Province (apart from Colombo city) House Rental price 259,000
Southern province House Rental price 103,000
Central province House Rental price 78,000
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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