Property prices in Galle City
This page summarises 436 public property listings in Galle City, Galle district, collected from ikman.lk on 4 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 628,827 | Rs 512,500 to Rs 900,000 | 317 |
| Houses for sale, asking price | Rs 56 million | Rs 28 million to Rs 100 million | 62 |
| Houses, asking price per sq ft | Rs 19,956 | Rs 14,000 to Rs 36,083 | 60 |
| Apartments for sale, asking price | Rs 85 million | Rs 64 million to Rs 95 million | 16 |
| Apartments, asking price per sq ft | Rs 56,275 | Rs 48,707 to Rs 66,258 | 15 |
| Houses for rent, per month | Rs 85,000 | Rs 60,000 to Rs 155,000 | 20 |
| Apartments for rent, per month | Rs 175,000 | Rs 88,750 to Rs 395,000 | 18 |
Yields
- Gross rental yield on houses: 1.8% (median annual rent divided by median asking price).
- Gross rental yield on apartments: 2.5%.
How Galle City compares
- Median land per perch: Rs 628,827, close to the middle town figure island-wide (Rs 639,413). Rank 44 of 86 towns with enough listings, highest first.
- Median house asking prices: Rs 56 million, about 1.5 times the middle town figure island-wide (Rs 37.5 million). Rank 18 of 65 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 Galle City
- The sample is mostly land (317 of 433 usable ads).
- Asking-price spread for land, per perch is about the same as a typical town: the middle half runs Rs 512,500 to Rs 900,000 (a 1.8x gap between the quartiles, against 1.5x for the median town).
- Within Galle district, the median land, per perch here is about 1.1 times the district figure (Rs 628,827 vs Rs 550,000), rank 3 of 5 priced towns in the district.
- On gross apartment yield (2.5%), Galle City ranks 19 of 20 towns where rent and sale samples are both thick enough to compute one.
How the Galle City numbers have moved
- House rents: the median is down about 29% compared with four weeks earlier - Rs 85,000 against Rs 120,000 on 7 October, on 20 ads now and 23 then.
- Land per perch: the median is down about 26% compared with four weeks earlier - Rs 628,827 against Rs 850,000 on 7 October, on 317 ads now and 271 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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