Land Price Trends in Sri Lanka: A Buyer's Guide

Land remains one of the more accessible ways to invest in Sri Lankan property, whether for building a home, farming, or long-term appreciation. Prices vary enormously by district, access road, and whether the land is residential, agricultural or commercial.

Before buying land, verify the deed and survey plan, check for any encumbrances or disputes, and confirm the land isn't affected by restrictions such as paddy land classifications or reservations. It's also worth visiting the site in person to check access, water availability and soil condition.

Explore the latest land listings below, and use the price trend - powered by our Property Price Index - to compare per-perch prices across recent months.

Lands/Plots Price Trends in Sri Lanka

Last 3 Months
Average PriceRs 5,132 per sqft
Price RangeRs 4,701 - Rs 5,393
Growth+18.7%
Last 6 Months
Average PriceRs 4,772 per sqft
Price RangeRs 4,116 - Rs 5,393
Growth+31.0%
Last 12 Months
Average PriceRs 4,453 per sqft
Price RangeRs 3,832 - Rs 5,393
Growth+30.3%
Last 24 Months
Average PriceRs 4,071 per sqft
Price RangeRs 3,111 - Rs 5,393
Growth+73.3%
Recent Price Comparison
vs Last Month+1.7%
vs Same Month Last Year+28.2%
vs Same Month, 2 Years Ago+67.4%
24-Month Price Trend
Monthly Price History
MonthAverage Price
October 2026Rs 5,393 per sqft
September 2026Rs 5,303 per sqft
August 2026Rs 4,701 per sqft
July 2026Rs 4,618 per sqft
June 2026Rs 4,505 per sqft
May 2026Rs 4,116 per sqft
April 2026Rs 4,418 per sqft
March 2026Rs 4,222 per sqft
February 2026Rs 4,165 per sqft
January 2026Rs 3,935 per sqft
December 2025Rs 4,235 per sqft
November 2025Rs 3,832 per sqft
October 2025Rs 4,207 per sqft
September 2025Rs 3,972 per sqft
August 2025Rs 3,967 per sqft
July 2025Rs 3,960 per sqft
June 2025Rs 3,925 per sqft
May 2025Rs 3,479 per sqft
April 2025Rs 3,568 per sqft
March 2025Rs 3,363 per sqft
February 2025Rs 3,812 per sqft
January 2025Rs 3,356 per sqft
December 2024Rs 3,541 per sqft
November 2024Rs 3,111 per sqft
Lands/Plots Average Price by Land Type
Residential
Rs 3,106 per sqft
Commercial
Rs 7,839 per sqft
Lands/Plots Average Price by Location
Colombo Lands/Plots Average Price
Rs 11,550 per sqft+271.9% vs. the Sri Lanka average
Based on 14701 active listings
Gampaha Lands/Plots Average Price
Rs 2,862 per sqft-7.8% vs. the Sri Lanka average
Based on 7222 active listings
Kalutara Lands/Plots Average Price
Rs 2,009 per sqft-35.3% vs. the Sri Lanka average
Based on 2818 active listings
Homagama Lands/Plots Average Price
Rs 3,014 per sqft-2.9% vs. the Sri Lanka average
Based on 2334 active listings
Gampaha City Lands/Plots Average Price
Rs 2,627 per sqft-15.4% vs. the Sri Lanka average
Based on 1485 active listings
Matara Lands/Plots Average Price
Rs 2,259 per sqft-27.3% vs. the Sri Lanka average
Based on 1422 active listings
Piliyandala Lands/Plots Average Price
Rs 3,978 per sqft+28.1% vs. the Sri Lanka average
Based on 1282 active listings
Athurugiriya Lands/Plots Average Price
Rs 4,674 per sqft+50.5% vs. the Sri Lanka average
Based on 1271 active listings
Panadura Lands/Plots Average Price
Rs 3,356 per sqft+8.1% vs. the Sri Lanka average
Based on 1131 active listings
Kurunegala Lands/Plots Average Price
Rs 830 per sqft-73.3% vs. the Sri Lanka average
Based on 987 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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