Lands for Sale in Malabe (25 properties)
Lands for Sale in Malabe
Malabe, set 10 kilometers from Colombo is a suburb with plenty of real estate opportunities. Properties for sale in Malabe serve residential and commercial purposes. Lands for sale in Malabe has a great demand because this town is becoming more popular. Universities such as SLIIT Campus and Horizon College are established here. The price of lands in Malabe is influenced by the recent infrastructural developments taking place in this region. Many places to shop, eat and work have come up in this city. A number of supermarkets, banks and cafes are available in close proximity to highly residential areas, making such properties more attractive to buyers. A land for sale in Pattiyawatta Road is available for Rs. 900,000 per perch. This is a 20 perches land with wide roads and close to Malabe-Kaduwela Road. A similar sized land sale in Malabe exists at New City Garden for Rs. 1.3 million per perch. This has a 20 feet wide road access with a 50 feet road frontage. It is located 500 meters to Neville Fernando Hospital.
Properties for rent in Malabe are also available in the form of rental houses, office space, rooms and retail stores. This serves the large local population and those who move into this city for the short term. Rooms include water, electricity bills in their monthly rental. Properties closer to Malabe town are popular among businesses. Bus stops within walking distance is important for students and workers who use public transport. These factors also improve the land value. A land for sale in Malabe Pittugala on the 170 bus route is available for Rs. 14.5 million. This is an 18 perches land with a house. A 105 perch bare land is available at Rs. 800,000 per perch. This is ideal to build a house, a housing complex or even a hostel for university students. These are useful for those who look for a block of land because real estate developers such as Prime Lands in Malabe have a large portfolio to help buyers get the right land or building.
Sri Lanka's construction boom created many new developments in Colombo and other main cities of the country. Rising income levels and economic activity puts more pressure on real estate in prime locations. Rising property prices encourage people to look for suitable real estate further away from Colombo central and commercial hubs. As such, Malabe is a preferred city. Many parts of this town offer ideal land for property buyers. A 10 perch land for sale in Kahanthota within 2.5 kilometers to Malabe Junction is on the market for Rs. 890,000 per perch. Land for sale in Pothuarawa Road, Athurugiriya and Malabe Isurupura land for sale are also advertised. Cities such as Battaramulla, Sri Jayawardenepura, Kotte and Thalawathugoda surrounds this town. This makes a number of massive parks and places of attraction available within easy access. New roadways are proposed to connect this city with other suburbs and Colombo, improving the convenience of people living and working here.