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.
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City Insights
Well-connected by road and planned mass transit options.Easily accessible from Colombo, making it a preferred suburb for residential and commercial development.Boosted by real estate, IT, and education sectors.Once a quiet agricultural village, now transformed into an educational and IT hub.Diverse community with a growing population of students, professionals, and families.A 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 Routes
170Athurugiriya - Pettah
123Maharagama - Athurugiriya
687Kaduwela - Athurugiriya - Homagama
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Nearest Train Stations
9.4kmPannipitiya Railway Station
10.4kmKottawa Train Station
New Developments
Construction of new residential apartment complexes such as Waterfall Residencies, Crescendo Apartments and Blue Ocean Malabe, catering to the growing demand for housing.Construction of the Malabe IT Park, attracting international tech companies.
What’s great here?
Excellent road links to Colombo and other parts of the island.Availability of multiple bus routes, enhancing public transport options.Proximity to main highways, facilitating quicker travel times to key destinations.Wide range of educational institutions, including renowned private universities such as SLIIT and Horizon Campus.Access to healthcare facilities, including specialised hospitals and clinics.Diverse dining and shopping options, from local eateries to international chains.Convenient access to a wide array of other amenities such as supermarkets, convenience stores, pharmacies, gyms, etc.Considered one of the safer suburbs with a noticeably low crime rate.Well-lit streets and public areas contribute to a sense of security at night.Well-maintained public parks and green spaces offer residents places to relax and unwind.Relatively clean and well-kept streets, reflecting community pride and environmental consciousness.
What needs attention?
Increasing traffic congestion, especially during peak hours, needs addressing through improved traffic management.Public transport services can be more frequent, particularly in the evenings and weekends.Room for improvement in healthcare facilities.Improved street surveillance and patrolling can further enhance safety in less monitored areas.Managing urban sprawl to prevent overdevelopment and preserve green spaces is crucial for sustainable growth.Implementation of stricter waste management and recycling programs to maintain cleanliness and environmental health.Neighbourhood Rating
4.3
Connectivity & Commute4 out of 5
Lifestyle & Facilities4 out of 5
Safety & Security4.5 out of 5
Environment4.5 out of 5
Neighbourhood Rating
4.3
Connectivity & Commute4 out of 5
Lifestyle & Facilities4 out of 5
Safety & Security4.5 out of 5
Environment4.5 out of 5
Property Price Trends in Malabe for
Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 25,775.62 sqft
Past 12 months' growth
1%
Past 3 months 'growth
-0.4%
