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An excellent opportunity to own a beautifully designed three-storey modern house in Koshene Road, off Arangala Road, Malabe, situated in a peaceful, well-established residential neighbourhood with convenient access to major educational institutions, hospitals, commercial centres and expressway connections. Built on 10 perches of land with approximately 1,841 sq.ft. of floor area, this attractive residence offers a practical combination of contemporary architecture, comfortable living spaces and modern facilities. The house features 5 bedrooms, 3 bathrooms, a spacious living area, an elegant pantry and a separate TV lobby, providing ample space for comfortable family living. The second floor includes a dedicated area arranged for a gym, while the rooftop terrace offers impressive 360-degree panoramic views of the surrounding neighbourhood. An additional advantage is the 5 kW rooftop solar power system, supporting energy-efficient living and helping reduce electricity expenses. The property is fully enclosed by a boundary wall and features a roller gate with parking facilities for two vehicles, ensuring privacy and convenience. Its strategic location near SLIIT, CINEC Campus, Horizon International School and Neville Fernando Hospital, together with convenient access to Malabe Town and the Athurugiriya/Malabe Expressway Interchange, makes this an attractive property for both residential use and long-term investment. Property Features • Land Extent: 10 Perches • Floor Area: Approximately 1,841 sq.ft. • Three-Storey Modern House • 5 Spacious Bedrooms • 3 Bathrooms • Spacious Living and Dining Areas • Modern Pantry • Separate TV Lobby • Dedicated Gym Area on the Second Floor • Rooftop Terrace with 360-Degree Panoramic Views • 5 kW Rooftop Solar Power System • Attractive Modern Architectural Design • Well-Designed Balconies • Parking for 2 Vehicles • Roller Entrance Gate • Fully Enclosed Boundary Wall • Pipe-Borne Water and Electricity • Peaceful Residential Neighbourhood • Clear Title Suitable for Bank Financing, Subject to Approval Nearby Locations • Malabe Town • Arangala Road • SLIIT Malabe Campus • CINEC Campus • Horizon International School • Neville Fernando Hospital • Athurugiriya / Malabe Expressway Interchange • Battaramulla • Kaduwela • Thalahena and Thalangama Investment Highlights Located within the rapidly developing Malabe–Arangala residential corridor, this property offers a desirable combination of modern living, convenient accessibility and long-term investment potential. The spacious accommodation, dedicated gym area, panoramic rooftop terrace and solar power facilities make it particularly suitable for a large family, professionals seeking a comfortable residence or buyers looking for a modern home in Malabe. With a clear title and convenient access to leading educational institutions, healthcare facilities and major road networks, this property presents an appealing opportunity in one of Colombo's growing suburban residential areas.
lankapropertyweb.comPosted 3 wk. ago
Rs 38,500,000
Fixed price
HariMila AI estimate
Rs 52.1–70.3M
Opens the original ad on lankapropertyweb.com
Exact address shared by the seller on request
Houses for sale in Colombo · last 30 days
Floor area
Larger than 75%
3,600 sqft · median 2,800
Price per sqft
Rs 10,694
median Rs 19,429 / sqft
Based on 40 other 4 to 6 bedroom houses in Malabe on similar land
Rs 65,077,270
Likely range Rs 52.1M – Rs 70.3M
Asking price is 41% below the estimate.
From asking prices, not sale prices: a guide, not a valuation.
4,969 4–6 bedroom houses for sale in Colombo
3,896 priced Houses for sale in Colombo · tap a dot to open it
Houses for sale in Colombo · last 30 days
Median asking price · 7-day rolling
New listings per day · 4,251 in 30 days
This listing’s group: 5 bed, median Rs 68M
| 1 bed | Rs 15,500,000 | 13 listings |
|---|---|---|
| 2 bed | Rs 20,000,000 | 175 listings |
| 3 bed | Rs 28,000,000 | 979 listings |
| 4 bed | Rs 55,000,000 | 1672 listings |
| 5 bed | Rs 68,000,000 | 747 listings |
| 6+ bed | Rs 90,000,000 | 452 listings |
Houses for sale across Sri Lanka
| District | Listings | Median |
|---|---|---|
Closest matches by type, area and price
Listed on lankapropertyweb.com
Ad 5967151 · checked 11h ago
We show a summary and link to the original ad. Seller contact details stay on lankapropertyweb.com. We never store them.
This listing: Rs 38,500,000 at 3,600 sqft. Typical price ranges from Rs 922,181 to Rs 135,277,243.
4,251 |
| Rs 50M |
| Gampaha | 1,206 | Rs 37.5M |
|---|
| Kalutara | 189 | Rs 25M |
|---|
| Kandy | 109 | Rs 68.5M |
|---|
| Galle | 38 | Rs 56M |
|---|
| Badulla | 35 | Rs 35M |
|---|
| Kurunegala | 29 | Rs 32.5M |
|---|
| Nuwara Eliya | 22 | Rs 59M |
|---|
Where this segment is listed, and what each site’s sellers ask
| Site | Listings | Median |
|---|---|---|
4,025 | Rs 49M | |
219 | Rs 110M | |
7 | Rs 65M |
Share of listings in this segment · this listing’s value in bold
Seller
Tracked by Harimila since this ad first appeared
The same seller has 103 other active listings on Harimila.
No price changes since Harimila started tracking this ad.