Property Prices in Maharagama, Sri Lanka

Index Info
Price to Income Ratio: 40.89
Mortgage as Percentage of Income: 664.28%
Loan Affordability Index: 0.15
Price to Rent Ratio - City Centre: 219.85
Price to Rent Ratio - Outside of Centre: 36.60
Gross Rental Yield (City Centre): 0.45%
Gross Rental Yield (Outside of Centre): 2.73%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 18,333.33 Rs 10,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 11,000.00 Rs 8,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 45,000.00 Rs 30,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 36,666.67 Rs 25,000.00-45,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 95,068.92 Rs 6,499.95-139,353.40
Price per Square Feet to Buy Apartment Outside of Centre 11,290.21 Rs 3,999.97-18,580.45
Salaries And Financing
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Average Monthly Net Salary (After Tax) 70,000.00 Rs
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.50 13.00-17.50

These data are based on 24 entries in the past 18 months from 4 different contributors.
Last update: January 2020

Sources and References
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