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 March 2021

Average Price (Rs.)
Change
(Since last year)
Sri Lanka Overall House Sale price 45.17 million   20.71%
Sri Lanka Overall Apartment Sale price 41.46 million   0.48%
Sri Lanka Overall Commercial Buildings Sale price 174.39 million   11.39%
Sri Lanka Overall Residential Land price 1.78 million Per perch   6.59%


Average Sales prices by Region for March 2021

Average Price (Rs.)
Colombo House Sale price 153.88 million
Colombo Apartment Sale price 49.93 million
Colombo Commercial Buildings Sale price 280.11 million
Western Province (apart from Colombo city) House Sale price 33.62 million
Southern province House Sale price 23.78 million
Central province House Sale price 31.41 million
North West province House Sale price 15.73 million
North Central province House Sale price Insufficient data
Uva province House Sale price 20.45 million
Sabaragamuwa province House Sale price 23.48 million
Eastern province House Sale price 25.03 million
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 March 2021

Average Price (Rs.)
Overall Residential Land price 1.78 million Per perch
Colombo Residential Land price 11.45 million Per perch
Western Province (apart from Colombo city) Residential Land price 1.53 million Per perch
Southern province Residential Land price 482,000 Per perch
Central province Residential Land price 500,000 Per perch
North West province Residential Land price 147,000 Per perch
North Central province Residential Land price 167,000 Per perch
Uva province Residential Land price 175,000 Per perch
Sabaragamuwa province Residential Land price 145,000 Per perch
Eastern province Residential Land price 230,000 Per perch
Northern Province Residential Land price 205,000 Per perch
Overall Tea Land price 2.71 million Per acre
Overall Rubber Land price 4.08 million Per acre
Overall Coconut Land price 4.17 million Per acre

 

Average Rental prices by Region for March 2021

Average Price (Per Month)
Colombo House Rental price 359,000
Colombo Apartment Rental price 262,000
Western Province (apart from Colombo city) House Rental price 145,000
Southern province House Rental price 67,000
Central province House Rental price 67,000
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 2021)

 

City
Average Price (Per Perch) - 2021 Q1
(% Change since 2020 Q1)
% Increase since 2018 Q1
Angoda 1,390,294 (69% ) 195%
Athurugiriya 629,898 (-10% ) 71%
Bandaragama 312,038 (32% ) 69%
Battaramulla 3,217,178 (21% ) 78%
Biyagama 490,249 (30% ) 19%
Boralesgamuwa 1,725,761 (25% ) 33%
Dehiwala 3,813,408 (4% ) 12%
Dompe 198,667 (67% ) 156%
Ethul Kotte 2,945,073 (7% ) 36%
Gampaha 323,226 (-17% ) 60%
Gothatuwa 1,029,762 (-14% ) 47%
Hanwella 257,316 (40% ) 168%
Hokandara 1,051,053 (22% ) 107%
Homagama 648,333 (24% ) 103%
Horana 226,733 (25% ) 48%
Ingiriya 170,852 (109% ) 246%
Ja-Ela 573,407 (29% ) 66%
Kadawatha 807,710 (50% ) 83%
Kaduwela 548,309 (1% ) 38%
Kalubowila 3,513,533 (11% ) 35%
Kalutara 315,639 (5% ) 49%
Kandana 753,692 (2% ) 59%
Kelaniya 1,323,927 (13% ) 168%
Kesbewa 552,323 (-8% ) 21%
Kiribathgoda 1,340,568 (4% ) 64%
Kolonnawa 1,981,510 (4% ) 183%
Kottawa 1,153,846 (23% ) 88%
Maharagama 1,905,743 (11% ) 89%
Malabe 1,368,151 (30% ) 65%
Moratuwa 1,575,578 (56% ) 78%
Mount Lavinia 2,962,789 (8% ) 42%
Nawala 4,069,569 (1% ) 14%
Negombo 663,443 (-8% ) 12%
Nugegoda 3,315,329 (15% ) 40%
Padukka 210,360 (74% ) 36%
Panadura 681,756 (16% ) 77%
Pannipitiya 1,371,040 (16% ) 35%
Pelawatte 2,665,152 (3% ) 55%
Peliyagoda 2,625,000 (62% ) 159%
Piliyandala 724,197 (13% ) 36%
Pita Kotte 2,691,686 (12% ) 41%
Ragama 699,160 (76% ) 71%
Rajagiriya 3,527,836 (-20% ) 27%
Rathmalana 2,018,313 (20% ) 24%
Thalahena 1,690,972 (45% ) 54%
Thalawathugoda 2,127,981 (17% ) 35%
Wadduwa 567,108 (11% ) 144%
Wattala 1,417,774 (21% ) 64%
Wellampitiya 1,326,366 (32% ) 136%
Yakkala 406,477 (2% ) 46%
*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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