Real Estate Market Insights

Get all the latest property market insights in Sri Lanka. Estimate your potential ROI, find the best locations to settle in, evaluate how your price quotation fairs through our property price indicator and more. Navigate the property market in ease with us.

Report

Sri Lanka Real Estate Market Outlook 2023

The ‘Market Outlook Report 2023’ published by the research team at LankaPropertyWeb (LPW) contains a complete analysis of the residential, commercial and land sales market analysis and also an outlook for 2023.

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House Price Index

Sri Lanka Overall Prices For Q3

Type	Average Price (Rs.)	Change (Since last year)
Sri Lanka Overall House Sale price	61.07 million	8.85%
Sri Lanka Overall Apartment Sale price	73.30 million	3.56%

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Land Price Index

Land Price Index (Based year 2018)

Sri Lanka Land Prices For Q3 2023

Type	Average Price (Rs.)	Change (Since last year)
Sri Lanka Overall Residential Land price	1.90 million Per perch	59.56%
Colombo 1-15 Residential Land price	12.24 million Per perch	5.23%
Western Province (apart from Colombo city) Residential Land price	1.29 million Per perch	49.03%
Sri Lanka Overall Tea Land price	3.97 million Per acre	13.40%
Sri Lanka Overall Coconut Land price	6.98 million Per acre	21.49%

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Get an Instant Price Indication For Your Property

Disclaimer

The Online Property Price Indicator (OPPI) is a statistical model that uses information from the properties advertised on Lanka Property Web to provide an indicative estimate of the current market value of a residential or commercial property. The model is based on the properties advertised on our site, which may not reflect the specific circumstances of your property.

The OPPI is not a registered valuer and cannot be relied on for the purpose of buying or selling a property. Prices within the area will have their own variances, such as property close to main roads or junctions being expensive and above average. If you wish to obtain more accurate prices for your property or neighborhood prices, then you should view ‘Properties for sale’ listings for that area, check with an estate agent or a registered valuer in your area.

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Find The Best Investment Properties

Trending Properties

Top Investment Properties

ROI

Properties Less Than Avg

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Compare The Best Home Loans

Seylan Bank
Seylan Siri Niwasa
Interest Rate: 14% Upwards Fixed - 5 Years

HNB
Shanthi Home Loans
Interest Rate: 15.5% Upwards Fixed - 5 Years

Sampath Bank
Sevana Housing Loans
Interest Rate: 16% Upwards Fixed - 5 Years

DFCC Bank
DFCC Home Loans
Interest Rate: 17% Upwards Fixed - 5 Years

BOC
BOC SIRIMEDURA
Interest Rate: 18% Upwards Fixed - 5 Years

HDFC Bank
Kedella Loan
Interest Rate: 20% Upwards Fixed - 5 Years

NSB
NSB Housing Loan
Interest Rate: 22% Upwards Fixed - 5 Years

Peoples Bank
Residential Housing
Interest Rate: 22% Upwards Fixed - 5 Years

SMIB
Shrama Abhimani
Interest Rate: 23.25% Upwards Fixed - 5 Years

Total Sales

Market Research and Advisory

Using our expertise and access to years' of data, we can conduct Market Research, Feasibility analysis and advisory to help you identify the feasibility and market demand for your new project or get market information for investment purposes.
Sri Lanka's largest real estate project and China's largest developer are among the companies we've done research for.

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