Property Prices in Colombo, Sri Lanka

Index Info
Price to Income Ratio: 32.34
Mortgage as Percentage of Income: 439.72%
Loan Affordability Index: 0.23
Price to Rent Ratio - City Centre: 22.31
Price to Rent Ratio - Outside of Centre: 30.29
Gross Rental Yield (City Centre): 4.48%
Gross Rental Yield (Outside of Centre): 3.30%
Rent Per Month
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Apartment (1 bedroom) in City Centre 82,302.54 Rs 40,000.00-200,000.00
Apartment (1 bedroom) Outside of Centre 30,576.92 Rs 15,000.00-75,000.00
Apartment (3 bedrooms) in City Centre 233,600.00 Rs 120,000.00-500,000.00
Apartment (3 bedrooms) Outside of Centre 71,400.00 Rs 35,000.00-175,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 46,880.53 Rs 27,870.68-92,902.27
Price per Square Feet to Buy Apartment Outside of Centre 21,283.78 Rs 11,999.90-37,160.91
Salaries And Financing
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Average Monthly Net Salary (After Tax) 56,713.21 Rs
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.45 8.00-18.00

These data are based on 255 entries in the past 18 months from 41 different contributors.
Last update: June 2021

Sources and References
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