Land in Colombo 5 is advertised at LKR 6,000,000 to LKR 20,000,000 per perch (asking prices, November 2026, 32 live plots on Perch & Acre); here is what is for sale.
Colombo 5 covers Havelock Town, Kirulapone and Narahenpita, inland of Bambalapitiya and about 6 km south of Fort. It is a mainly residential part of the city around Havelock Park, and the Havelock City mixed-use development has brought apartment towers to the area.
Which land and houses are for sale in Colombo 5 right now?
LKR 157,500,000LKR 15,000,000/perch
Colombo
Land · 10.5 perches
Listed by British Brokers
LKR 270,880,000LKR 16,000,000/perch
Colombo
Land · 16.93 perches
Listed by British Brokers
LKR 120,000,000LKR 7,058,824/perch
Colombo
House · 17 perches
Listed by British Brokers
LKR 215,000,000LKR 13,835,264/perch
Colombo
Land · 15.54 perches
Listed by British Brokers
LKR 250,000,000LKR 13,157,895/perch
Colombo
House · 19 perches
Listed by British Brokers
LKR 160,000,000LKR 20,000,000/perch
Colombo
House · 8 perches
Listed by British Brokers
LKR 160,000,000LKR 8,000,000/perch
Colombo
Land · 20 perches
Listed by Pan Global Property
LKR 330,000,000LKR 15,000,000/perch
Colombo
Land · 22 perches
Listed by Pan Global Property
LKR 400,000,000LKR 23,529,412/perch
Colombo
House · 17 perches
Listed by 73 Avenue Realtors
LKR 230,000,000LKR 12,299,465/perch
Colombo
House · 18.7 perches
Listed by 73 Avenue Realtors
LKR 75,000,000LKR 8,333,333/perch
Colombo
House · 9 perches
Listed by 73 Avenue Realtors
LKR 300,000,000LKR 18,750,000/perch
Colombo
House · 16 perches
Listed by Property Deal
LKR 66,000,000LKR 5,546,218/perch
Colombo
House · 11.9 perches
Listed by Property Deal
LKR 350,000,000LKR 21,875,000/perch
Colombo
House · 16 perches
Listed by Property Deal
LKR 320,000,000LKR 29,090,909/perch
Colombo
House · 11 perches
Listed by Property Deal
LKR 175,000,000LKR 15,377,856/perch
Colombo
House · 11.38 perches
Listed by Property Deal
LKR 264,320,000LKR 14,000,000/perch
Colombo
Land · 18.88 perches
Listed by PropertyMate.lk
LKR 70,000,000LKR 13,725,490/perch
Colombo
Land · 5.1 perches
Listed by Matarage Real Estate Consultants
LKR 74,686,000LKR 10,700,000/perch
Colombo
Land · 6.98 perches
Listed by Matarage Real Estate Consultants
LKR 87,600,000LKR 6,000,000/perch
Colombo
Land · 14.6 perches
Listed by Matarage Real Estate Consultants
LKR 700,000,000LKR 18,041,237/perch
Colombo
House · 38.8 perches
Listed by Matarage Real Estate Consultants
LKR 58,500,000LKR 15,000,000/perch
Colombo
Land · 3.9 perches
Listed by Matarage Real Estate Consultants
LKR 105,144,000LKR 7,800,000/perch
Colombo
Land · 13.48 perches
Listed by Matarage Real Estate Consultants
LKR 336,000,000LKR 16,000,000/perch
Colombo
Land · 21 perches
Listed by Colombo Realtors
LKR 760,000,000LKR 19,000,000/perch
Colombo
Land · 40 perches
Listed by Colombo Realtors
LKR 648,000,000LKR 18,000,000/perch
Colombo
Land · 36 perches
Listed by Colombo Realtors
LKR 272,000,000LKR 17,000,000/perch
Colombo
Land · 16 perches
Listed by Colombo Realtors
LKR 150,000,000LKR 17,647,059/perch
Colombo
Land · 8.5 perches
Listed by Colombo Realtors
LKR 90,000,000LKR 9,000,000/perch
Colombo
Land · 10 perches
Listed by Colombo Realtors
LKR 150,000,000LKR 12,500,000/perch
Colombo
Land · 12 perches
Listed by Colombo Realtors
LKR 79,000,000LKR 15,490,196/perch
Colombo
Land · 5.1 perches
Listed by Colombo Realtors
LKR 105,000,000LKR 15,000,000/perch
Colombo
Land · 7 perches
Listed by Colombo Realtors
LKR 350,000,000LKR 17,500,000/perch
Colombo
House · 20 perches
Listed by Colombo Realtors
LKR 295,000,000LKR 11,132,075/perch
Colombo
House · 26.5 perches
Listed by Colombo Realtors
LKR 720,000,000LKR 12,000,000/perch
Colombo
Land · 60 perches
Listed by Colombo Realtors
LKR 150,000,000LKR 18,750,000/perch
Colombo
House · 8 perches
Listed by Colombo Realtors
LKR 230,000,000LKR 23,000,000/perch
Colombo
House · 10 perches
Listed by Colombo Realtors
LKR 550,000,000LKR 23,913,043/perch
Colombo
House · 23 perches
Listed by Colombo Realtors
LKR 65,000,000LKR 8,666,667/perch
Colombo
House · 7.5 perches
Listed by Colombo Realtors
LKR 170,000,000LKR 20,000,000/perch
Colombo
House · 8.5 perches
Listed by Colombo Realtors
LKR 234,000,000LKR 18,000,000/perch
Colombo
Land · 13 perches
Listed by Colombo Realtors
LKR 140,000,000LKR 20,000,000/perch
Colombo
Land · 7 perches
Listed by Colombo Realtors
LKR 209,000,000LKR 11,000,000/perch
Colombo
Land · 19 perches
Listed by Colombo Realtors
LKR 600,000,000LKR 13,636,364/perch
Colombo
House · 44 perches
Listed by Colombo Realtors
LKR 330,000,000LKR 12,692,308/perch
Colombo
House · 26 perches
Listed by Colombo Realtors
LKR 320,000,000LKR 8,421,053/perch
Colombo
House · 38 perches
Listed by Colombo Realtors
LKR 387,500,000LKR 15,500,000/perch
Colombo
Land · 25 perches
Listed by Colombo Realtors
LKR 165,000,000LKR 9,705,882/perch
Colombo
House · 17 perches
Listed by Colombo Realtors
LKR 1,260,000,000LKR 18,000,000/perch
Colombo
Land · 70 perches
Listed by Colombo Realtors
LKR 496,000,000LKR 15,500,000/perch
Colombo
Land · 32 perches
Listed by Colombo Realtors
LKR 282,000,000LKR 15,243,243/perch
Colombo
Land · 18.5 perches
Listed by Colombo Realtors
LKR 536,000,000LKR 20,000,000/perch
Colombo
House · 26.8 perches
Listed by Colombo Realtors
LKR 324,800,000LKR 8,898,630/perch
Colombo
Land · 36.5 perches
Listed by Colombo Realtors
LKR 166,200,000LKR 9,497,143/perch
Colombo
Land · 17.5 perches
Listed by Colombo Realtors
LKR 179,000,000LKR 23,866,667/perch
Colombo
House · 7.5 perches
Listed by Colombo Realtors
LKR 560,000,000LKR 20,000,000/perch
Colombo
Land · 28 perches
Listed by Colombo Realtors
LKR 496,000,000LKR 15,500,000/perch
Colombo
House · 32 perches
Listed by Colombo Realtors
LKR 190,000,000LKR 22,352,941/perch
Colombo
House · 8.5 perches
Listed by Colombo Realtors
LKR 390,000,000LKR 22,311,213/perch
Colombo
House · 17.48 perches
Listed by Colombo Realtors
LKR 185,000,000LKR 10,000,000/perch
Colombo
Land · 18.5 perches
Listed by Colombo Realtors
LKR 360,000,000LKR 22,500,000/perch
Colombo
House · 16 perches
Listed by Colombo Realtors
LKR 320,000,000LKR 20,000,000/perch
Colombo
House · 16 perches
Listed by Colombo Realtors
LKR 190,000,000LKR 18,811,881/perch
Colombo
House · 10.1 perches
Listed by Colombo Realtors
LKR 230,000,000LKR 23,000,000/perch
Colombo
House · 10 perches
Listed by Colombo Realtors
LKR 105,000,000LKR 7,500,000/perch
Colombo
House · 14 perches
Listed by Colombo Realtors
LKR 165,000,000LKR 10,122,699/perch
Colombo
House · 16.3 perches
Listed by Colombo Real Estate & Relocation Services
LKR 175,000,000LKR 14,000,000/perch
Colombo
House · 12.5 perches
Listed by Colombo Real Estate & Relocation Services
LKR 74,000,000LKR 8,665,105/perch
Colombo
House · 8.54 perches
Listed by Colombo Real Estate & Relocation Services
Open Colombo in the map search
How much does land cost in Colombo 5?
We do not publish a median for Colombo 5, because one agency supplies 21 of the 32 plots, more than a third. The 32 live plots are advertised at LKR 6,000,000 to LKR 20,000,000 per perch, or LKR 58,500,000 to LKR 1,260,000,000 for the whole plot (about USD 176,000 to USD 3,788,000). The 36 houses listed here, land included, run from LKR 65,000,000 to LKR 700,000,000. These are asking prices, not sale prices.
What is listed in Colombo 5?
Of the 68 live listings here today, 32 plots of land and 36 houses, listed by 8 agencies. The plots run from 3.9 to 70 perches; 1 perch is 25.29 m² and 160 perches make an acre.
Planning, street lines and the coastal zone: what to check in Colombo 5
In the city and its suburbs the checks are about planning rather than the beach. In areas declared under the Urban Development Authority Law, building needs a development permit under the UDA Planning and Development Regulations 2021, and a newly subdivided lot must be at least 150 m² (about 6 perches), or 250 m² without pipe-borne water. Ask the local authority (municipal or urban council) for the street line and building line certificates and a non-vesting certificate, which confirms that the land is not being acquired, for example for road widening. Colombo 5 is inland, away from the coastal zone; on small urban plots the street line and building line decide how much of the plot you can build on.
Buying guides for Colombo 5
Can a foreigner buy land or a house in Colombo 5?
Not freehold. Since the Land (Restrictions on Alienation) Act No. 38 of 2014 a foreign national cannot take freehold title to land anywhere in Sri Lanka, Colombo 5 included, and a house goes with its land. A foreigner can lease land for up to 99 years or inherit it, and dual citizens are exempt. Read can a foreigner buy land in Sri Lanka and the 99-year lease explained.
Can a foreigner buy an apartment in Colombo 5?
Yes, a condominium apartment. Since Amendment Act No. 21 of 2018 a foreigner may buy a condominium parcel on any floor, freehold, provided the full price is paid upfront by inward foreign remittance before the deed is executed. The building must have a registered condominium plan. See buying an apartment in Sri Lanka as a foreigner.
What does it cost to buy land in Colombo 5 on top of the price?
Budget 5% to 7% on top of the purchase price: stamp duty of 3% on the first Rs 100,000 and 4% on the balance, legal fees of 1% to 2%, plus survey and registration. For a 99-year lease, stamp duty is 2% of the aggregate rent instead (since 1 April 2025); confirm the rates with your lawyer. Full breakdown: stamp duty, legal fees and the real cost of buying land.
I live abroad. How do I buy in Colombo 5?
Sri Lankan citizens abroad and dual citizens buy as citizens. Send the money through an Inward Investment Account in your own name so the remittance is documented, have your own lawyer run a 30-year title search, and sign in person or through a power of attorney your lawyer prepares. See buying land in Sri Lanka from abroad and sending money to buy property.
Nearby towns
Land for sale in Colombo 4, Colombo 6, Colombo 7, Nugegoda. More of Colombo District: Colombo 3, Colombo 8, Kotte, Battaramulla, Dehiwala-Mount Lavinia, Thalawathugoda, Malabe, Kesbewa, Boralesgamuwa, Moratuwa, Athurugiriya, Pannipitiya, Maharagama, all of Colombo, or every town.
Sources
- Havelock Town (Colombo 5): about 6 km south of Fort, Havelock Park, next to Kirulapone and Narahenpita, Havelock City development, Wikipedia
- Colombo: commercial capital since 1978, Colombo Municipal Council, postal areas Colombo 1 to 15, metropolitan population about 5.6 million, Wikipedia
- Urban Development Authority Planning and Development Regulations 2021, Gazette Extraordinary No. 2235/54 of 8 July 2021 (development permits; minimum lot 150 m², or 250 m² without pipe-borne water)
- Live listings and asking prices: the Perch & Acre listings database on the date shown, built from each agency's public advert.
US dollar figures are indicative, at LKR 332.6 per US dollar (Central Bank of Sri Lanka indicative rate, 30 October 2026).
General information, not legal advice. Laws and rates change; confirm every point with your own Sri Lankan lawyer before you pay a deposit.
