Property prices in Kotte
This page summarises 100 public property listings in Kotte, 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 3.2 million | Rs 2.98 million to Rs 3.9 million | 31 |
| Houses for sale, asking price | Rs 94.5 million | Rs 68.75 million to Rs 185 million | 26 |
| Houses, asking price per sq ft | Rs 30,333 | Rs 23,832 to Rs 36,094 | 26 |
| Apartments for sale, asking price | Rs 66 million | Rs 65 million to Rs 83 million | 31 |
| Apartments, asking price per sq ft | Rs 68,548 | Rs 62,380 to Rs 80,194 | 31 |
Measures with fewer than 10 ads are left out of the table: Houses for rent, per month; Apartments for rent, per month.
How Kotte compares
- Median land per perch: Rs 3.2 million, about 4.9 times the middle town figure island-wide (Rs 650,000). Rank 9 of 85 towns with enough listings, highest first.
- Median apartment asking prices: Rs 66 million, about 1.3 times the middle town figure island-wide (Rs 50 million). Rank 8 of 28 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 Kotte
- The sample is mostly land (31 of 100 usable ads).
- Asking-price spread for land, per perch is tighter than a typical town: the middle half runs Rs 2.98 million to Rs 3.9 million (a 1.3x gap between the quartiles, against 1.6x for the median town).
- Within Colombo district, the median land, per perch here is about 1.6 times the district figure (Rs 3.2 million vs Rs 2.05 million), rank 9 of 20 priced towns in the district.
- On gross apartment yield (5.9%), Kotte ranks 7 of 20 towns where rent and sale samples are both thick enough to compute one.
How the Kotte numbers have moved
- House asking prices: the median is down about 26% compared with a week earlier - Rs 94.5 million against Rs 128 million on 27 October, on 26 ads now and 18 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.
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