Sri Lanka, July 23 -- Sri Lanka's real estate sector is demonstrating robust signs of recovery and renewed investor confidence in 2025, buoyed by a stabilizing economy and favorable market conditions. The latest "Real Estate Market Outlook Report 2025 (REMOR25)" by LankaPropertyWeb (LPW) highlights a significant resurgence across the property landscape, with key indicators pointing towards sustained growth.
One of the most significant indicators of this recovery is the rapid appreciation of land prices in the Western Province. The report indicates an average year-on-year increase of 12% in the region for 2025. Suburban areas are leading this surge, with land prices in Colombo District's suburban areas experiencing an average 20% increase. ...