malabe-aerial-view
sri-lanka-institute-of-information-technology
spar-supermarket-malabe
dr-neville-fernando-teaching-hospital
2+

Malabe, Colombo

Malabe, a rapidly growing suburb of Colombo, Sri Lanka, is a compelling blend of modernity and traditional charm. Nestled approximately 10 km away from the heart of Colombo, it has evolved from a quiet village into a bustling hub of education, technology, and real estate development. Covering an area of approximately 23 sq km, Malabe is home to a diverse population of over 30,000 residents. This transformation has been propelled by the suburb's strategic location, offering easy access to Colombo via the New Kandy Road, and its emergence as a centre for higher education and IT industries.


The landscape of Malabe is characterised by a mix of residential areas, educational institutions, and burgeoning commercial zones. The area has seen a significant influx of residential developments, from affordable housing to luxury villas and apartment complexes, catering to a wide range of preferences and budgets. The greenery that dots the suburb provides a refreshing counterpoint to its urban development, making it an attractive location for families and professionals alike. With its blend of convenience, connectivity, and community, Malabe stands as a testament to Sri Lanka's urban evolution, offering a balanced lifestyle between the hustle of city life and the tranquillity of suburban living.
Read more
plus icon

City Insights

tick iconWell-connected by road and planned mass transit options.
tick iconEasily accessible from Colombo, making it a preferred suburb for residential and commercial development.
tick iconBoosted by real estate, IT, and education sectors.
tick iconOnce a quiet agricultural village, now transformed into an educational and IT hub.
tick iconDiverse community with a growing population of students, professionals, and families.
tick iconA vibrant mix of traditional values and modern lifestyle.

Known Landmarks

  • Sri Lanka Institute of Information Technology (SLIIT)

  • SPAR Supermarket - Malabe

  • Dr. Neville Fernando Teaching Hospital

  • Mahamevnawa Amawathura Monastery

  • Kia Motors - Workshop & Collision Repair Center

Connectivity

Bus Icon

Bus Routes

170Athurugiriya - Pettah
123Maharagama - Athurugiriya
687Kaduwela - Athurugiriya - Homagama
Show more
plus icon
Train Icon

Nearest Train Stations

9.4kmPannipitiya Railway Station
10.4kmKottawa Train Station

New Developments

tick iconConstruction of new residential apartment complexes such as Waterfall Residencies, Crescendo Apartments and Blue Ocean Malabe, catering to the growing demand for housing.
tick iconConstruction of the Malabe IT Park, attracting international tech companies.
Thumbup

What’s great here?

tick iconExcellent road links to Colombo and other parts of the island.
tick iconAvailability of multiple bus routes, enhancing public transport options.
tick iconProximity to main highways, facilitating quicker travel times to key destinations.
tick iconWide range of educational institutions, including renowned private universities such as SLIIT and Horizon Campus.
tick iconAccess to healthcare facilities, including specialised hospitals and clinics.
tick iconDiverse dining and shopping options, from local eateries to international chains.
tick iconConvenient access to a wide array of other amenities such as supermarkets, convenience stores, pharmacies, gyms, etc.
tick iconConsidered one of the safer suburbs with a noticeably low crime rate.
tick iconWell-lit streets and public areas contribute to a sense of security at night.
tick iconWell-maintained public parks and green spaces offer residents places to relax and unwind.
tick iconRelatively clean and well-kept streets, reflecting community pride and environmental consciousness.
Thumbup

What needs attention?

tick iconIncreasing traffic congestion, especially during peak hours, needs addressing through improved traffic management.
tick iconPublic transport services can be more frequent, particularly in the evenings and weekends.
tick iconRoom for improvement in healthcare facilities.
tick iconImproved street surveillance and patrolling can further enhance safety in less monitored areas.
tick iconManaging urban sprawl to prevent overdevelopment and preserve green spaces is crucial for sustainable growth.
tick iconImplementation of stricter waste management and recycling programs to maintain cleanliness and environmental health.

Neighbourhood Rating

4.3

out of 5
Circle outline
Commute
Connectivity & Commute4 out of 5
Circle outline
lifestyle
Lifestyle & Facilities4 out of 5
Circle outline
insurance
Safety & Security4.5 out of 5
Circle outline
plant
Environment4.5 out of 5

Property Price Trends in Malabe for

Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 24,934.56 sqft
Past 12 months' growth
1.37%
Positive Trend
Past 3 months' growth
11.15%
Positive Trend
Icon
Price information is based on historical data from ads posted on ikman and may not reflect the full market dynamics.

Explore 2331+ properties in Malabe on ikman

hero

Sell or Rent Fast on ikman: Post Your Property in 2 Mins!