Sri Lanka, Jan. 24 -- The Sri Lankan land market maintained solid growth in 2025, with Colombo suburbs and Western Province districts emerging as key drivers, according to the latest Land Price Index (LPI) 2025 (updated), published by LankaPropertyWeb (LPW). The 2025 index shows that Colombo 1-15 recorded a 4% year-on-year increase in average land prices per perch, reaching LKR 12 Mn, while Colombo suburban areas saw stronger growth of 8%, averaging LKR 2.3 Mn per perch. In the broader Western Province, the Gampaha District average land price per perch rose 15% to LKR 769,097, whereas the Kalutara District gained 10%, reaching LKR 486,396.
Suburban and Emerging Areas Lead Price Growth
The report highlights a clear shift in investor intere...