Property prices in Kandy City
This page summarises 387 public property listings in Kandy City, Kandy 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 | temporarily suspended - under review | ||
| Houses for sale, asking price | Rs 80 million | Rs 60 million to Rs 84 million | 184 |
| Houses, asking price per sq ft | Rs 32,000 | Rs 16,815 to Rs 42,667 | 183 |
| Houses for rent, per month | Rs 97,500 | Rs 69,250 to Rs 127,500 | 21 |
Measures with fewer than 10 ads are left out of the table: Apartments for sale, asking price; Apartments, asking price per sq ft; Apartments for rent, per month.
Yields
- Gross rental yield on houses: 1.5% (median annual rent divided by median asking price).
How Kandy City compares
- Median house asking prices: Rs 80 million, about 2.1 times the middle town figure island-wide (Rs 37.5 million). Rank 10 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 Kandy City
- The sample is mostly houses for sale (184 of 375 usable ads), with very few apartments for sale (3), so that row should be read with extra care.
- Asking-price spread for houses for sale, asking price is tighter than a typical town: the middle half runs Rs 60 million to Rs 84 million (a 1.4x gap between the quartiles, against 1.8x for the median town).
- Where Kandy City stands out most island-wide is houses for sale, asking price: rank 10 of 65 towns with enough listings, highest first.
- On gross apartment yield (0.6%), Kandy City ranks 20 of 20 towns where rent and sale samples are both thick enough to compute one.
How the Kandy City numbers have moved
- House rents: the median is up about 25% compared with a week earlier - Rs 97,500 against Rs 78,000 on 28 October, on 21 ads now and 21 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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