Property Prices in Kandy, Sri Lanka

Index Info
Price to Income Ratio: 22.90
Mortgage as Percentage of Income: 466.88%
Loan Affordability Index: 0.21
Price to Rent Ratio - City Centre: 30.67
Price to Rent Ratio - Outside of Centre: 22.22
Gross Rental Yield (City Centre): 3.26%
Gross Rental Yield (Outside of Centre): 4.50%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 37,500.00 Rs 35,000.00-60,000.00
Apartment (1 bedroom) Outside of Centre 25,000.00 Rs 25,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 102,500.00 Rs 80,000.00-150,000.00
Apartment (3 bedrooms) Outside of Centre 133,750.00 Rs 50,000.00-350,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 28,749.76 Rs 12,499.90-44,999.63
Price per Square Feet to Buy Apartment Outside of Centre 21,249.82 Rs 12,499.90-29,999.75
Salaries And Financing
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Average Monthly Net Salary (After Tax) 58,750.00 Rs
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 20.00 15.00-25.00

These data are based on 35 entries in the past 18 months from 6 different contributors.
Last update: February 2024

Sources and References
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