The Central Bank of Sri Lanka has released its latest data on the Land Valuation Indicator, revealing that land prices in the Colombo District increased by 10.6% during the second half of 2025 compared to the same period in 2024.

This upward trend was observed across all three major sub-sectors, with residential, commercial, and industrial land values showing annual growth rates of 12.4%, 11.3%, and 8%, respectively.

According to the report, while the annual figures show a significant climb, the growth observed in the second half of 2025 relative to the first half of the same year remained moderate.

The Land Valuation Indicator is compiled semi-annually and covers 13 Divisional Secretariat divisions in the Colombo District, utilising data from the Government Valuation Department to track per-perch bare land prices.