Property prices in Kottawa
This page summarises 125 public property listings in Kottawa, Colombo 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 1.7 million | Rs 1.45 million to Rs 2.15 million | 41 |
| Houses for sale, asking price | Rs 41 million | Rs 35.23 million to Rs 49 million | 55 |
| Houses, asking price per sq ft | Rs 14,821 | Rs 12,789 to Rs 16,217 | 54 |
| Apartments for sale, asking price | Rs 34 million | Rs 34 million to Rs 50 million | 25 |
| Apartments, asking price per sq ft | Rs 22,295 | Rs 22,295 to Rs 36,364 | 25 |
Measures with fewer than 10 ads are left out of the table: Houses for rent, per month.
How Kottawa compares
- Median land per perch: Rs 1.7 million, about 2.6 times the middle town figure island-wide (Rs 650,000). Rank 22 of 85 towns with enough listings, highest first.
- Median house asking prices: Rs 41 million, close to the middle town figure island-wide (Rs 38.62 million). Rank 29 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 Kottawa
- The sample is mostly houses for sale (55 of 125 usable ads), with very few houses for rent (4), 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 35.23 million to Rs 49 million (a 1.4x gap between the quartiles, against 1.8x for the median town).
- Within Colombo district, the median land, per perch here is about 83% of the district figure (Rs 1.7 million vs Rs 2.05 million), rank 17 of 20 priced towns in the district.
- On gross house yield (4.7%), Kottawa ranks 5 of 38 towns where rent and sale samples are both thick enough to compute one.
How the Kottawa numbers have moved
- Apartment asking prices: the median is down about 24% compared with four weeks earlier - Rs 34 million against Rs 45 million on 6 October, on 25 ads now and 14 then.
- Land per perch: the median is up about 19% compared with a week earlier - Rs 1.7 million against Rs 1.43 million on 27 October, on 41 ads now and 37 then.
- The mix of ads has shifted since 10 October: land now makes up 33% of the usable sample, against 22% four weeks earlier. When the mix moves, a median can move without any asking price changing.
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.
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