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Colombo 2 — Slave Island, Union Place and the Galle Face waterfront — is the beating heart of the city's modern high-rise living. It holds the densest concentration of brand-new, amenity-rich apartment towers in Sri Lanka, sits beside the commercial and financial district, and looks out over Galle Face Green and the ocean. It's the city's strongest rental catchment, drawing diplomats, expatriate executives and corporate tenants who want to live where they work.
The typical range for this area right now, from the apartments we market here. Where a specific unit lands depends on floor, view, size and furnishing.
Guide ranges cover the middle of the market: asking prices of apartments Axe Realty has marketed in this area over the past two years, rounded. They are a guide, not a valuation. Get a free assessment of your apartment.
Colombo 2 commands some of the highest apartment rents in the city; the price guide on this page shows the current typical range. Smaller, efficient units achieve the highest rent per square foot, while larger luxury floorplates sit lower per square foot but higher in absolute rent. That reflects the area's new-build quality, waterfront position and the depth of USD-paying tenant demand.
Colombo 2 is home to many of the city's landmark addresses — Cinnamon Life, Trizen, 447 Luna Tower, Colombo City Centre and Shangri-La / One Galle Face Residencies among them. Each has its own character, unit mix and price position. You'll find each of them below.
Our listings range from cozy 2-bedroom units to spacious sky-high homes and penthouses. Whether you’re looking to rent or buy, Colombo 02 has a fast-growing selection of investment-worthy properties.
Diplomats and embassy staff, senior corporate expats, and investors buying for USD rental yield. It suits anyone who values walkability to the business district, hotel-grade amenities, and a brand-new, secure, high-rise lifestyle.
We transact in these buildings constantly, so we know what's actually available, what it genuinely rents and sells for unit-to-unit, and which buildings suit which tenant. Browse current Colombo 2 listings above, or request a free assessment for building-specific rent and sale figures.
Tell us your brief. Many of our best units are placed before they are ever listed.
