Property Prices in Colombo, Sri Lanka

Index Info
Price to Income Ratio: 39.66
Mortgage as Percentage of Income: 710.04%
Loan Affordability Index: 0.14
Price to Rent Ratio - City Centre: 23.68
Price to Rent Ratio - Outside of Centre: 39.75
Gross Rental Yield (City Centre): 4.22%
Gross Rental Yield (Outside of Centre): 2.52%
Rent Per Month
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Apartment (1 bedroom) in City Centre 108,500.04 Rs 66,000.00-180,000.00
Apartment (1 bedroom) Outside of Centre 45,255.91 Rs 20,000.00-80,000.00
Apartment (3 bedrooms) in City Centre 205,422.20 Rs 120,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 92,712.00 Rs 50,000.00-180,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 53,292.81 Rs 32,515.79-72,928.28
Price per Square Feet to Buy Apartment Outside of Centre 38,728.37 Rs 18,580.45-89,999.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 62,432.43 Rs
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.33 11.00-25.00

These data are based on 275 entries in the past 18 months from 56 different contributors.
Last update: March 2023

Sources and References
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