Inflation ( CCPI)1.5% (Oct 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate15.29%
12M T-Bill Rate12.94%
2Y T-Bond Rate14.45%/ 14.50%
4Y T-Bond Rate14.70% / 14.80%
USD/LKR327/328
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Sri Lanka investors are moving towards real estate assets in 4Q 2021

ConstructionMar 27, 2022
Sri Lanka investors are moving towards real estate assets in 4Q 2021

The condominium survey done by CBSL indicates 78% of the condominium sales were concentrated on apartments valued at less than LKR 25Mn and 15% sales of apartments between LKR 25Mn to 50Mn in 4Q 2020. But one year later, 4Q 2021, 29% of sales were in the LKR 25Mn to LKr 50Mn category and 22% were above LKR50Mn.

The lower price category, which is less than LKR 25Mn accounted for only 49% in the last quarter of 2021.

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