Real Estate

Reporting on trends in the real estate market, including home sales, rental rates, commercial property development, and housing affordability issues.

Real Estate

Nuwara Eliya’s Heritage Post Office to Boost Tourism Appeal

Cabinet approves preservation and modernization of iconic colonial-era site, blending postal tradition with tourism development Sri Lanka’s iconic Heritage Post Office in Nuwara.

  • June 25, 2025
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Real Estate

Sri Lanka Sees 22.7% Drop in Condominium Sales in Q4 2024: Central Bank

Colombo, April 7, 2025 – Sri Lanka’s condominium market faced a significant slowdown in the final quarter of 2024, with sales volumes plunging.

  • April 8, 2025
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Real Estate

ComBank and Capital Trust Properties Partner to Simplify Homeownership

The Commercial Bank of Ceylon has partnered with Capital Trust Properties, a leading real estate brokerage firm, to provide enhanced home-buying opportunities for.

  • October 11, 2024
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Real Estate

VIMAN Ja-Ela Achieves Rs. 4.2 Bn Sales Before Construction

John Keells Properties has achieved an impressive Rs 4.2 billion in sales for its VIMAN Ja-Ela apartments before construction even began on August.

  • October 10, 2024
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Real Estate

Prime Group Launches YOLO: Sri Lanka’s Premier Modern Home Apartment City

Prime Group has unveiled its most ambitious project to date, the “YOLO” apartment city in Kiribathgoda, marking a new era in luxurious urban.

  • August 8, 2024
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Real Estate

Prime Group to Invest Rs. 20 Billion in Dubai and Sri Lanka Real Estate

Prime Group is set to invest over Rs. 20 billion in 2024 for two significant real estate projects in Dubai and Kiribathgoda. Co-Chairperson.

  • August 7, 2024
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Real Estate

Inconsistent Policies Hinder Sri Lanka’s Real Estate Recovery, Warn Industry Leaders

Sri Lanka’s real estate and construction sectors are showing signs of recovery, but challenges persist due to inconsistent policies and high taxation, according.

  • July 29, 2024
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Real Estate

RIUNIT Unveils “Asia’s Real Estate Opportunity of the Century” at Port City Launch Event

The Research Intelligence Unit (RIUNIT), an international research and consulting firm with its Asia headquarters in Colombo, successfully launched its latest initiative, “Asia’s.

  • July 24, 2024
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Real Estate

LankaPropertyWeb Unveils Cutting-Edge AI Tool for Enhanced Real Estate Marketing

LankaPropertyWeb (LPW) has unveiled groundbreaking enhancements designed to revolutionize the real estate marketing industry. The introduction of two cutting-edge features – the AI-powered.

  • May 9, 2024
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Real Estate

Sri Lanka Creates Land Management Trust to Streamline Investment

The Sri Lankan Cabinet of Ministers has approved the establishment of a Land Management Trust to address longstanding challenges in utilizing government-owned land.

  • March 6, 2024
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