Property Prices in Colombo, Sri Lanka

Index Info
Price to Income Ratio: 43.37
Mortgage as Percentage of Income: 656.63%
Loan Affordability Index: 0.15
Price to Rent Ratio - City Centre: 26.28
Price to Rent Ratio - Outside of Centre: 39.21
Gross Rental Yield (City Centre): 3.81%
Gross Rental Yield (Outside of Centre): 2.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 109,625.05 Rs 75,000.00-180,000.00
Apartment (1 bedroom) Outside of Centre 39,458.57 Rs 20,000.00-80,000.00
Apartment (3 bedrooms) in City Centre 203,450.26 Rs 125,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 80,130.43 Rs 45,000.00-200,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 59,211.78 Rs 44,106.07-72,928.28
Price per Square Feet to Buy Apartment Outside of Centre 33,165.81 Rs 18,580.45-50,167.22
Salaries And Financing
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Average Monthly Net Salary (After Tax) 57,320.00 Rs
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.25 8.00-20.00

These data are based on 212 entries in the past 18 months from 38 different contributors.
Last update: August 2022

Sources and References
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