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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
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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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