Sri Lanka’s real estate expert Research Intelligence Unit says that since the beginning of 2023, the apartment selling price LKR per SqFt has remained steady and in the four months ending June 2023, the suburban apartment selling prices US$ per SqFt have shown a consistent increase.
During the eight years ending 2023, RIUNIT says the Mount Lavinia area has witnessed a consistent upward trajectory in the cumulative supply of apartments, and is expected to continue the same trend.
Source: RIUNIT 2023
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