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.

Want To Get A Full Valuation Done?

Get a certified valuer to carry out a full inspection of your property and provide you with a formal report

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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



Thursday September 29, 2022

LankaPropertyWeb Property Developers’ Forum 2022

LankaPropertyWeb (LPW), Sri Lanka’s No. 1 real estate property portal hosted its first Property...

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Wednesday September 21, 2022

15% Value Added Tax (VAT) on Residential Condominium Developments

The construction industry of Sri Lanka; after going through many hurdles from 2020, starting with...

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Friday September 16, 2022

Annual average increase of 14% seen for Western Province Lands in the last 5 years

According to the 2022 Land Price Index developed by LankaPropertyWeb (LPW), from 2018 to 2022 the...

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Wednesday August 17, 2022

House & Apartment Prices Increase by a Record High with the Escalating Construction Costs in Sri Lanka

The recently released Q2 data of the House Price Index of LankaPropertyWeb revealed that the...

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