Commercial Properties Price Trends in Sri Lanka: A Buyer's Guide

From retail shops and office space to warehouses and hotels, commercial property in Sri Lanka covers a wide range of investment and business needs. Footfall, road access and zoning are usually the biggest drivers of value.

When assessing a commercial property, check its zoning and permitted use, existing lease agreements if it's tenanted, parking availability, and the condition of essential systems like electrical capacity and fire safety. For income-generating property, review the historical occupancy and rental yield.

Browse the latest commercial listings below, and use the price trend - based on our Property Price Index - to understand how commercial property values have moved recently.

Commercial Properties Price Trends in Sri Lanka

For saleFor sale
For rentFor rent
Last 3 Months
Average PriceRs 33,932 per sqft
Price RangeRs 31,906 - Rs 35,005
Growth+70.4%
Last 6 Months
Average PriceRs 37,186 per sqft
Price RangeRs 31,906 - Rs 42,978
Growth-18.6%
Last 12 Months
Average PriceRs 34,426 per sqft
Price RangeRs 29,943 - Rs 42,978
Growth+1260.9%
Last 24 Months
Average PriceRs 31,739 per sqft
Price RangeRs 23,172 - Rs 42,978
Growth+34.7%
Recent Price Comparison
vs Last Month+9.7%
vs Same Month Last Year+8.1%
vs Same Month, 2 Years Ago+33.0%
Buy vs Rent: Estimated Rental Yield
Estimated annual return from renting out a Commercial Properties property, based on the average sale price and average rent shown below.
Average Sale PriceRs 28,402 per sqft
Average RentRs 174 per sqft
Estimated Gross Rental Yield7.34%
24-Month Price Trend
Monthly Price History
MonthAverage Price
October 2026Rs 35,005 per sqft
September 2026Rs 31,906 per sqft
August 2026Rs 34,884 per sqft
July 2026Rs 37,272 per sqft
June 2026Rs 41,073 per sqft
May 2026Rs 42,978 per sqft
April 2026Rs 32,042 per sqft
March 2026Rs 32,710 per sqft
February 2026Rs 32,808 per sqft
January 2026Rs 31,467 per sqft
December 2025Rs 29,943 per sqft
November 2025Rs 31,024 per sqft
October 2025Rs 32,371 per sqft
September 2025Rs 32,964 per sqft
August 2025Rs 32,554 per sqft
July 2025Rs 32,678 per sqft
June 2025Rs 35,361 per sqft
May 2025Rs 31,712 per sqft
April 2025Rs 24,539 per sqft
March 2025Rs 28,765 per sqft
February 2025Rs 23,173 per sqft
January 2025Rs 23,172 per sqft
December 2024Rs 25,354 per sqft
November 2024Rs 25,986 per sqft
Commercial Properties Average Price by Location
Colombo Commercial Properties Average Price
Rs 34,592 per sqft+21.8% vs. the Sri Lanka average
Based on 705 active listings
Gampaha Commercial Properties Average Price
Rs 17,495 per sqft-38.4% vs. the Sri Lanka average
Based on 246 active listings
Kalutara Commercial Properties Average Price
Rs 19,405 per sqft-31.7% vs. the Sri Lanka average
Based on 88 active listings
Kandy Commercial Properties Average Price
Rs 19,610 per sqft-31.0% vs. the Sri Lanka average
Based on 73 active listings
Galle Commercial Properties Average Price
Rs 31,938 per sqft+12.4% vs. the Sri Lanka average
Based on 66 active listings
Nuwara Eliya Commercial Properties Average Price
Rs 18,996 per sqft-33.1% vs. the Sri Lanka average
Based on 65 active listings
Nuwara Eliya City Commercial Properties Average Price
Rs 28,674 per sqft+1.0% vs. the Sri Lanka average
Based on 61 active listings
Mount Lavinia Commercial Properties Average Price
Rs 28,463 per sqft+0.2% vs. the Sri Lanka average
Based on 47 active listings
Negombo Commercial Properties Average Price
Rs 24,165 per sqft-14.9% vs. the Sri Lanka average
Based on 46 active listings
Dehiwala Commercial Properties Average Price
Rs 26,347 per sqft-7.2% vs. the Sri Lanka average
Based on 42 active listings
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Price information is based on historical data from ads posted on ikman and may not reflect the full market dynamics.

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