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 34,751 per sqft
Price RangeRs 32,825 - Rs 36,733
Growth+24.8%
Last 6 Months
Average PriceRs 36,660 per sqft
Price RangeRs 32,042 - Rs 42,978
Growth+2.4%
Last 12 Months
Average PriceRs 34,190 per sqft
Price RangeRs 29,993 - Rs 42,978
Growth+1073.0%
Last 24 Months
Average PriceRs 31,351 per sqft
Price RangeRs 23,172 - Rs 42,978
Growth+24.7%
Recent Price Comparison
vs Last Month-5.4%
vs Same Month Last Year-0.0%
vs Same Month, 2 Years Ago+22.2%
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 28,159 per sqft
Average RentRs 172 per sqft
Estimated Gross Rental Yield7.31%
24-Month Price Trend
Monthly Price History
MonthAverage Price
September 2026Rs 32,825 per sqft
August 2026Rs 34,696 per sqft
July 2026Rs 36,733 per sqft
June 2026Rs 40,686 per sqft
May 2026Rs 42,978 per sqft
April 2026Rs 32,042 per sqft
March 2026Rs 32,710 per sqft
February 2026Rs 32,808 per sqft
January 2026Rs 31,467 per sqft
December 2025Rs 29,993 per sqft
November 2025Rs 31,029 per sqft
October 2025Rs 32,319 per sqft
September 2025Rs 32,831 per sqft
August 2025Rs 32,421 per sqft
July 2025Rs 32,604 per sqft
June 2025Rs 35,290 per sqft
May 2025Rs 31,676 per sqft
April 2025Rs 24,539 per sqft
March 2025Rs 28,765 per sqft
February 2025Rs 23,173 per sqft
January 2025Rs 23,172 per sqft
December 2024Rs 25,354 per sqft
November 2024Rs 25,986 per sqft
October 2024Rs 26,324 per sqft
Commercial Properties Average Price by Location
Colombo Commercial Properties Average Price
Rs 33,937 per sqft+20.5% vs. the Sri Lanka average
Based on 731 active listings
Gampaha Commercial Properties Average Price
Rs 17,063 per sqft-39.4% vs. the Sri Lanka average
Based on 266 active listings
Kalutara Commercial Properties Average Price
Rs 19,442 per sqft-31.0% vs. the Sri Lanka average
Based on 94 active listings
Kandy Commercial Properties Average Price
Rs 20,187 per sqft-28.3% vs. the Sri Lanka average
Based on 74 active listings
Nuwara Eliya Commercial Properties Average Price
Rs 17,975 per sqft-36.2% vs. the Sri Lanka average
Based on 61 active listings
Nuwara Eliya City Commercial Properties Average Price
Rs 28,365 per sqft+0.7% vs. the Sri Lanka average
Based on 59 active listings
Galle Commercial Properties Average Price
Rs 31,701 per sqft+12.6% vs. the Sri Lanka average
Based on 58 active listings
Mount Lavinia Commercial Properties Average Price
Rs 28,902 per sqft+2.6% vs. the Sri Lanka average
Based on 51 active listings
Rajagiriya Commercial Properties Average Price
Rs 34,716 per sqft+23.3% vs. the Sri Lanka average
Based on 44 active listings
Kandy City Commercial Properties Average Price
Rs 25,917 per sqft-8.0% vs. the Sri Lanka average
Based on 41 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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