Property prices in Kandy City
This page summarises 390 public property listings in Kandy City, Kandy district, collected from ikman.lk on 3 November 2026. Figures are asking prices, not sale prices. Each row shows the median (the middle ad), the middle half of ads (25th to 75th percentile) and the number of ads behind it.
| Measure | Median | Middle half of ads | Ads |
|---|---|---|---|
| Land, per perch | Rs 894,265 | Rs 350,000 to Rs 1.8 million | 163 |
| Houses for sale, asking price | Rs 80 million | Rs 60 million to Rs 84 million | 185 |
| Houses, asking price per sq ft | Rs 31,789 | Rs 16,583 to Rs 42,667 | 184 |
| Houses for rent, per month | Rs 100,000 | Rs 81,250 to Rs 118,750 | 22 |
Measures with fewer than 10 ads are left out of the table: Apartments for sale, asking price; Apartments, asking price per sq ft; Apartments for rent, per month.
Yields
- Gross rental yield on houses: 1.5% (median annual rent divided by median asking price).
How Kandy City compares
- Median land per perch: Rs 894,265, about 1.4 times the middle town figure island-wide (Rs 650,000). Rank 31 of 85 towns with enough listings, highest first.
- Median house asking prices: Rs 80 million, about 2.1 times the middle town figure island-wide (Rs 38.62 million). Rank 11 of 66 towns with enough listings, highest first.
The island reference is the median of town medians for towns with at least 30 listings, so it describes a typical town, not the national market.
What stands out in Kandy City
- The sample is mostly houses for sale (185 of 378 usable ads), with very few apartments for sale (3), so that row should be read with extra care.
- Asking-price spread for houses for sale, asking price is tighter than a typical town: the middle half runs Rs 60 million to Rs 84 million (a 1.4x gap between the quartiles, against 1.8x for the median town).
- Within Kandy district, the median land, per perch here is about 4.0 times the district figure (Rs 894,265 vs Rs 225,000), rank 1 of 8 priced towns in the district.
- Where Kandy City stands out most island-wide is houses for sale, asking price: rank 11 of 66 towns with enough listings, highest first.
- On gross apartment yield (0.6%), Kandy City ranks 20 of 20 towns where rent and sale samples are both thick enough to compute one.
How the Kandy City numbers have moved
- House rents: the median is up about 31% compared with a week earlier - Rs 100,000 against Rs 76,500 on 27 October, on 22 ads now and 22 then.
- House rents: the median is up about 18% compared with four weeks earlier - Rs 100,000 against Rs 85,000 on 6 October, on 22 ads now and 27 then.
This compares daily asking medians on changing samples of ads; it describes this site's sample, not a formal price index.
Read this before using the numbers
Sellers ask more than buyers pay, and listings expire or sell. Outliers are trimmed to the 5th to 95th percentile band and ads whose title names a different town are excluded. The method page explains every step. Nothing here is valuation or investment advice.
Run a price check for a specific property