KMPG Sri Lanka remains bullish on Sri Lanka’s luxury real estate market as population growth, fast urbanisation, increasing housing requirement, surge in tourism and growth in household and per capita ...

A mood of optimism and expectation pervades life in Sri Lanka in the year 2020 as positive moves by the new government to streamline the nation’s tax structure, professionalize state-owned ...

Supply is set to overtake demand at the high end of Sri Lanka’s residential property market, with a series of large-scale projects under way in and around Colombo. The supply of luxury apartments in ...

The luxury bungalows are being converted into hotels or museums, with the Rajapaksas receiving a modest rent allowance ...

Sri Lanka’s leftist government asked former presidents, including the once-powerful Rajapaksa brothers, on Tuesday to immediately vacate luxury government bungalows as part of a new austerity drive.