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Colombo 4, Colombo

Colombo 4, colloquially known as "Bambalapitiya," is a coastal suburb of Colombo, Sri Lanka, known for its vibrant atmosphere, rich cultural heritage, and diverse community. This area spans approximately 1.5 sq km and is bordered by the Indian Ocean to the west, creating a picturesque setting that blends urban life with the tranquillity of seaside living. Bambalapitiya is characterised by its bustling streets, eclectic mix of residential properties, commercial establishments, and educational institutions, making it a lively hub for both locals and visitors.


The real estate market in Bambalapitiya is dynamic, with a mix of old colonial-style houses and modern high-rise apartments. The area has seen significant growth over the years, becoming a sought-after location for real estate investment due to its strategic location, accessibility, and the lifestyle it offers. Its proximity to the ocean, major roads, and business districts in Colombo adds to its appeal, making it a prime location for those seeking a balance between city life and serene coastal living.

Bambalapitiya's evolution from a primarily residential area to a bustling urban suburb reflects Colombo's overall urban expansion and modernization. Today, it stands as a testament to the city's ability to preserve its cultural essence while embracing the conveniences of modern urban living. Bambalapitiya offers a unique blend of experiences, from beachside leisure activities to shopping and dining in diverse establishments, catering to a wide range of tastes and preferences.
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City Insights

Excellent connectivity via road and rail, with numerous bus routes and train stations.
Central location with easy access to Colombo's main business districts and leisure zones.
Booming real estate market and thriving commercial establishments.
Rich historical background with colonial architecture and historic sites.
Vibrant community life with a blend of local and expatriate residents.
A melting pot of diverse cultures, reflected in its food, festivals, and community events.

Known Landmarks

  • Kathiresan Kovil

  • Majestic City

  • Unity Plaza

  • Ocean View Tower

Connectivity

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Bus Routes

100Panadura - Wellawatte - Pettah
101Moratuwa - Wellawatte - Pettah
102Moratuwa - Bambalapitiya - Kotahena
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Nearest Train Stations

0kmBambalapitiya Railway Station
1.2kmKollupitiya Railway Station
4kmWellawatte Train Station
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New Developments

Several new and upcoming luxury apartment complexes enhancing the skyline and residential options, such as Star Life Residencies, Blue Ocean - Frankfurt Place and Blue Ocean - Layard’s Road.
Upcoming extension project for Marine Drive, enhancing coastal access and views.

Featured Projects

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What’s great here?

Excellent connectivity via road and rail, and easy access to the rest of Colombo via major roads and public transport.
Diverse dining, shopping, and entertainment options catering to all lifestyles.
Proximity to several reputed private to premium healthcare services. hospitals, ensuring access
Home to several leading schools, colleges, and other educational institutions, making it an ideal location for families.
Considered one of the safer areas in Colombo with a low crime rate.
Coastal environment which offers a unique blend of urban and beachside living.
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What needs attention?

Traffic congestion during peak hours can be challenging.
A need for more green spaces and public parks for recreational activities.
Enhanced street lighting and pedestrian zones could improve safety.
Green spaces are becoming more and more sparse as new real estate projects come into play.
High degree of vehicular congestion due to the presence of several prominent schools, and since more and more commercial, apartment and housing units are popping up in the area.

Neighbourhood Rating

4.4

out of 5
Connectivity & Commute
Connectivity & Commute
Connectivity & Commute4.5 out of 5
Lifestyle & Facilities
Lifestyle & Facilities
Lifestyle & Facilities4.5 out of 5
Safety & Security
Safety & Security
Safety & Security4.5 out of 5
Environment
Environment
Environment4 out of 5

Property Price Trends in Colombo 4 for

Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 42,808.09 sqft
Past 12 months' growth
11.4%
Positive Trend
Past 3 months' growth
4.1%
Positive Trend
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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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