Sri Lanka, Oct. 21 -- When conducting the latest analysis of real estate data (Q3 2025), one of the most positive observations that can be made is with respect to the recovery of the apartment market prices in Colombo measured in USD.

Whilst average apartment prices, measured in LKR continued to witness an upward incline, even during COVID and the economic crises, much of the trend is attributed to the unprecedented currency depreciation that took place in 2022.

This rendered the LKR as limited in use as a tool to gauge property market trends, especially for an international investor. However, the recovery in USD and other major currencies is more impressive because it withstood the depreciation and has since compensated for the drop in...