Industry experts at the Lanka Property Show 2025 expressed confidence in Sri Lanka’s real estate sector’s growth potential despite recent economic hurdles. While high interest rates, currency depreciation, and fluctuating taxes have impacted the market, experts believe that stabilizing monetary policy will create a favorable environment for investors and homebuyers.
The 9th edition of the Lanka Property Show attracted over 17,000 visitors, showcasing over 25 leading projects and demonstrating a strong recovery from the pandemic and economic downturn.
Panel discussions addressed key market issues. Former Central Bank Governor Dr. Indrajith Coomaraswamy emphasized that stable economic conditions are crucial for the sector. Prime Group Chairman Premalal Brahmanage highlighted high construction costs due to taxes and urged greater government support.
Attracting foreign buyers was also discussed. Kishore Reddy of Platinum Realty Investments called for prompt implementation of investor visas and reduced import duties on building materials.
Panelists on affordable housing stressed sustainable design and cost-effective solutions to reduce construction costs.
The event showcased a resilient property market with increasing buyer interest and investor confidence. Experts agreed that with continued policy stability and stakeholder cooperation, Sri Lanka’s real estate sector is poised for sustainable growth.