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 36,676 per sqft
Price RangeRs 34,493 - Rs 40,495
Growth+47.0%
Last 6 Months
Average PriceRs 36,330 per sqft
Price RangeRs 32,081 - Rs 43,131
Growth+7.0%
Last 12 Months
Average PriceRs 34,037 per sqft
Price RangeRs 29,919 - Rs 43,131
Growth+73.5%
Last 24 Months
Average PriceRs 31,038 per sqft
Price RangeRs 23,170 - Rs 43,131
Growth+30.5%
Recent Price Comparison
vs Last Month+1.6%
vs Same Month Last Year+7.9%
vs Same Month, 2 Years Ago+51.8%
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 27,986 per sqft
Average RentRs 169 per sqft
Estimated Gross Rental Yield7.23%
24-Month Price Trend
Monthly Price History
MonthAverage Price
August 2026Rs 35,041 per sqft
July 2026Rs 34,493 per sqft
June 2026Rs 40,495 per sqft
May 2026Rs 43,131 per sqft
April 2026Rs 32,081 per sqft
March 2026Rs 32,737 per sqft
February 2026Rs 32,829 per sqft
January 2026Rs 31,483 per sqft
December 2025Rs 29,919 per sqft
November 2025Rs 31,008 per sqft
October 2025Rs 32,319 per sqft
September 2025Rs 32,910 per sqft
August 2025Rs 32,478 per sqft
July 2025Rs 32,678 per sqft
June 2025Rs 35,361 per sqft
May 2025Rs 31,762 per sqft
April 2025Rs 24,589 per sqft
March 2025Rs 28,879 per sqft
February 2025Rs 23,210 per sqft
January 2025Rs 23,170 per sqft
December 2024Rs 25,320 per sqft
November 2024Rs 25,890 per sqft
October 2024Rs 26,280 per sqft
September 2024Rs 26,856 per sqft
Commercial Properties Average Price by Location
Colombo Commercial Properties Average Price
Rs 33,832 per sqft+20.9% vs. the Sri Lanka average
Based on 714 active listings
Gampaha Commercial Properties Average Price
Rs 17,051 per sqft-39.1% vs. the Sri Lanka average
Based on 236 active listings
Kalutara Commercial Properties Average Price
Rs 20,211 per sqft-27.8% vs. the Sri Lanka average
Based on 94 active listings
Kandy Commercial Properties Average Price
Rs 20,238 per sqft-27.7% vs. the Sri Lanka average
Based on 74 active listings
Galle Commercial Properties Average Price
Rs 31,803 per sqft+13.6% vs. the Sri Lanka average
Based on 67 active listings
Matara Commercial Properties Average Price
Rs 15,948 per sqft-43.0% vs. the Sri Lanka average
Based on 43 active listings
Nuwara Eliya Commercial Properties Average Price
Rs 17,369 per sqft-37.9% vs. the Sri Lanka average
Based on 35 active listings
Badulla Commercial Properties Average Price
Rs 12,250 per sqft-56.2% vs. the Sri Lanka average
Based on 29 active listings
Kurunegala Commercial Properties Average Price
Rs 18,724 per sqft-33.1% vs. the Sri Lanka average
Based on 23 active listings
Matale Commercial Properties Average Price
Rs 17,752 per sqft-36.6% vs. the Sri Lanka average
Based on 20 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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