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.


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.

House Price Index

House Price Index

Sri Lanka Overall Prices For December 2022

Sri Lanka Overall
prices for December 2022
Average Price
(Since last year)
Sri Lanka Overall House Sale price 61.09 million 13.34%
Sri Lanka Overall Apartment Sale price 74.19 million 54.82%

Land Price Index

Land Price Index (Based year 2018)

Sri Lanka Overall Prices For December 2022

Sri Lanka Overall
prices for December 2022
Average Price
(Since last year)
Sri Lanka Overall Residential Land price 1.22 million Per perch 26.06%
Colombo 1-15 Residential Land price 12.26 million Per perch 4.97%
Western Province (apart from Colombo city) Residential Land price 897,000 Per perch 29.37%
Sri Lanka Overall Tea Land price 4.41 million Per acre 33.64%
Sri Lanka Overall Coconut Land price 6.50 million Per acre 43.49%

Get an Instant Price Indication For Your Property


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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Compare The Best Home Loans

  • Cargills Bank
  • Cargills Home Loans
  • Interest Rate: 20% Upwards Fixed - 5 Years
  • DFCC Bank
  • DFCC Home Loans
  • Interest Rate: 21.5% Upwards Fixed - 5 Years
  • Sampath Bank
  • Sevana Housing Loans
  • Interest Rate: 23% Upwards Fixed - 5 Years
  • BOC
  • Interest Rate: 23% Upwards Fixed - 5 Years
  • SMIB
  • Shrama Abhimani
  • Interest Rate: 23.25% Upwards Fixed - 5 Years
  • HNB
  • Shanthi Home Loans
  • Interest Rate: 24% Upwards Fixed - 5 Years
  • Seylan Bank
  • Seylan Siri Niwasa
  • Interest Rate: 25% Upwards Fixed - 5 Years
  • NSB
  • NSB Housing Loan
  • Interest Rate: 25% Upwards Fixed - 5 Years
  • Commercial Bank
  • Home Loans
  • Interest Rate: 25% Upwards Fixed - 5 Years
  • Amana Bank
  • Home Finance
  • Interest Rate: 25.5% 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.

Our Services

Field based market research
Online based market research
Market analysis report
Investment advisory
Demand and pricing analysis
Real Estate demand for a particular area
Reports based on website and market data
Feasibility analysis of a new project

Our Clients



Wednesday March 22, 2023

Sri Lankan Government Plans to Implement Estate Duty as a Form of Property Taxation by 2025

Sri Lankan government plans to revamp the property tax system and introduce a wealth transfer tax...

Read More

Wednesday March 15, 2023

LankaPropertyWeb Presents The Real Estate Market Outlook Report 2023 to the Governor of CBSL

We are delighted to share that we recently had the honor of meeting with Dr. Nandalal Weerasinghe,...

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Thursday March 09, 2023

Lanka Property Show 2023 8th Edition Goes Hybrid this Year, Promoting Sri Lankan Properties to a Worldwide Audience

Lanka Property Show, the largest real estate exhibition in Sri Lanka is being organised by...

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Thursday February 23, 2023

Find Your Ideal Property Faster than Ever – Take a Look into the Latest Updates on LankaPropertyWeb Website

Introducing the newest Real Estate Search Bar Our search bar provides a streamlined and efficient...

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