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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.
The ‘Market Outlook Report 2024’ 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 2024.
House Price Index
Type |
Average Price (Rs.) |
Change (Since last year) |
Sri Lanka Overall House Sale price | 71.21 million | 16.6% |
Sri Lanka Overall Apartment Sale price | 84.24 million | 14.9% |
Land Price Index (Based year 2018)
Type |
Average Price (Rs.) |
Change (Since last year) |
Sri Lanka Overall Residential Land price | 1.84 million Per perch | 6.03% |
Colombo 1-15 Residential Land price | 12.48 million Per perch | 3.73% |
Western Province (apart from Colombo city) Residential Land price | 1.30 million Per perch | 4.29% |
Sri Lanka Overall Tea Land price | 4.93 million Per acre | 26.03% |
Sri Lanka Overall Coconut Land price | 7.62 million Per acre | 11.53% |
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.
Get a certified valuer to carry out a full inspection of your property and provide you with a formal report
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