All You Need To Know About
Colombo 03
Colombo 03 (Kollupitiya) is one of Colombo’s most active mixed-use districts, combining residential towers, offices, retail, embassies, and entertainment. Apartment demand here is driven by professionals, expatriates, and investors seeking walkable access to shopping, dining, offices, and the coastline.
History
Historically a coastal suburb, Kollupitiya developed rapidly during the colonial era due to its proximity to Galle Road and the central business zones. Over time, it evolved into a high-density commercial and residential hub.
Present-Day
Today, Colombo 03 offers a fast-paced urban lifestyle with a strong mix of luxury and mid-range apartments. It appeals to tenants who value convenience, nightlife, and proximity to offices over quiet residential living.
Connectivity
Colombo 03 enjoys direct access to Galle Road, Marine Drive, and central Colombo, making it one of the most connected residential districts in the city.
Top Apartment Complexes
Colombo 03 is one of the city’s most established mixed-use residential districts, offering a wide range of apartment complexes close to offices, embassies, international schools, and lifestyle hubs. Demand is driven by expats, corporates, and long-term residents seeking walkable convenience and central city access.
Key Amenities & Infrastructure
Colombo 03 provides strong lifestyle infrastructure, including international schools, hospitals, supermarkets, cafes, fitness centres, and coastal access. Its central location ensures excellent connectivity to Colombo 01, 02, 04, and 05, making it one of the most balanced residential zones in the city.
Quick Stats
Colombo 03 is a prime mixed-use residential district with strong lifestyle and commercial demand. Apartment pricing and rentals are driven by central location, proximity to offices and embassies, and high demand from expats, corporates, and long-term residents seeking walkable city living.
Average Apartment Sale Price (per sq.ft.)
LKR 85,000 – 115,000
Average Commercial Rental (per sq.ft.)
LKR 300 – 500 per sq.ft. (per month)
Average Residential Rental - 2 Bedroom
LKR 300,000 – 450,000 (per month)
Average Residential Rental - 3 Bedroom
LKR 450,000 – 700,000 (per month)
Apartments in Colombo 03
The most recent
local real estate news
Penthouse Apartment for Rent ...
Rajagiriya & Battaramulla ...
Colombo 07 ...
