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Western Province•Colombo Suburb Guide

Property for Sale & Rent in Malabe, Colombo

Sri Lanka’s tech and higher-education residential corridor anchored by SLIIT, CINEC, Horizon Campus, Neville Fernando Hospital, and the Athurugiriya E02 interchange.

Median Land Price / Perch

LKR 1.9M

Malabe residential benchmark

10-Perch Plot Estimate

LKR 19.5M

Standard Sri Lankan residential block (2,722 sq.ft)

Median House Sale Price

LKR 35.0M

3–4 BR family residence benchmark

Typical Monthly Rent

LKR 85,000/mo

Unfurnished / semi-furnished residential average

Why Buyers & Investors Choose Malabe, Colombo

✓Outer Circular Expressway interchange at Kaduwela & Athurugiriya
✓High rental yield from IT professionals & university campuses
✓Modern gated housing & apartment developments

Nearby Featured Properties in Colombo District

0 live listings directly tagged in Malabe right now — showing featured properties so you can compare current Sri Lankan market pricing or post a property in Malabe for free.

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Frequently Asked Questions — Buying & Renting in Malabe, Colombo

What is the average land price per perch in Malabe?

Residential bare land in Malabe, Colombo currently benchmarks around LKR 1.9M per perch (approximately LKR 19.5M for a standard 10-perch residential plot), depending on road width, main-road frontage, and clear Sinnakkara or Bim Saviya title.

How much does a house or apartment cost in Malabe?

Typical family houses and modern residences in Malabe, Colombo carry a median asking price around LKR 35.0M, while monthly residential rentals average roughly LKR 85,000/month depending on bedrooms and furnishing.

What documents should I verify before buying property in Malabe?

Always have a licensed Sri Lankan Notary Public verify 30-year pedigree extracts (Pathiru) at the local Land Registry, approved survey plans, local Municipal/Urban Council or Pradeshiya Sabha street-line & non-vesting certificates, and Certificate of Conformity (COC) for buildings.