Property prices in Negombo
This page summarises 513 public property listings in Negombo, Gampaha district, collected from ikman.lk on 3 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 712,500 | Rs 375,000 to Rs 1 million | 88 |
| Houses for sale, asking price | Rs 42 million | Rs 32.5 million to Rs 52 million | 327 |
| Houses, asking price per sq ft | Rs 14,521 | Rs 12,289 to Rs 17,324 | 325 |
| Apartments for sale, asking price | Rs 34.5 million | Rs 29 million to Rs 41.5 million | 43 |
| Apartments, asking price per sq ft | Rs 35,023 | Rs 31,519 to Rs 49,708 | 41 |
| Houses for rent, per month | Rs 155,000 | Rs 126,250 to Rs 173,750 | 20 |
| Apartments for rent, per month | Rs 160,000 | Rs 150,000 to Rs 200,000 | 34 |
Yields
- Gross rental yield on houses: 4.4% (median annual rent divided by median asking price).
- Gross rental yield on apartments: 5.6%.
How Negombo compares
- Median land per perch: Rs 712,500, close to the middle town figure island-wide (Rs 650,000). Rank 39 of 85 towns with enough listings, highest first.
- Median house asking prices: Rs 42 million, close to the middle town figure island-wide (Rs 38.62 million). Rank 27 of 66 towns with enough listings, highest first.
- Median apartment asking prices: Rs 34.5 million, about 69% of the middle town figure island-wide (Rs 50 million). Rank 24 of 28 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 Negombo
- The sample is mostly houses for sale (327 of 512 usable ads).
- Asking-price spread for houses for sale, asking price is about the same as a typical town: the middle half runs Rs 32.5 million to Rs 52 million (a 1.6x gap between the quartiles, against 1.8x for the median town).
- Within Gampaha district, the median land, per perch here is close to the district figure (Rs 712,500 vs Rs 750,000), rank 9 of 15 priced towns in the district.
- On gross apartment yield (5.6%), Negombo ranks 11 of 20 towns where rent and sale samples are both thick enough to compute one.
How the Negombo numbers have moved
- House rents: the median is up about 22% compared with four weeks earlier - Rs 155,000 against Rs 127,500 on 6 October, on 20 ads now and 30 then.
- House rents: the median is up about 17% compared with a week earlier - Rs 155,000 against Rs 132,500 on 27 October, on 20 ads now and 20 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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