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Condo market on a tear in SL as buyers snap up units early
Daily Mirror - Sri Lanka
|October 02, 2025
Vertical living in Sri Lanka’s urban and suburban cities is becoming increasingly popular, with condominium units being scooped up even before construction is completed, pushing the prices steadily higher.
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The prices of new condominium units in the Colombo district rose sharply in the second quarter, extending the multiyear run-up that only saw a brief pullback during the height of the economic crisis in the second half of 2022.
According to the Condominium Market Survey for the second quarter conducted by the Central Bank, the price index for condominium units in Colombo climbed 12.8 percent year-on-year, taking the index value to 271.8.
Dit verhaal komt uit de October 02, 2025-editie van Daily Mirror - Sri Lanka.
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