Property Valuation Comparison Analysis

Property: Havelock Road, Colombo 06 (Twin Buildings)

Land: 24.75 Perches | Building: 8864 sq.ft.

COMPREHENSIVE VALUATION SCENARIOS
Scenario Land Valuation (24.75 Perches) Building Valuation (8864 sq.ft.) Total Market Value Variation from Base
Rate per Perch / Rate per Sq.Ft. Rate Total Land % Rate Total Building % Total Value Rs. Million %
LAND RATE: Rs. 9 Million per Perch
9M/7.5K Rs. 9,000,000 Rs. 222,750,000 -10% Rs. 7,500 Rs. 66,480,000 -62.5% Rs. 289,230,000 289.23 -32%
9M/10K Rs. 9,000,000 Rs. 222,750,000 -10% Rs. 10,000 Rs. 88,640,000 -50% Rs. 311,390,000 311.39 -27%
9M/12K Rs. 9,000,000 Rs. 222,750,000 -10% Rs. 12,000 Rs. 106,368,000 -40% Rs. 329,118,000 329.12 -23%
LAND RATE: Rs. 10 Million per Perch
10M/7.5K Rs. 10,000,000 Rs. 247,500,000 0% Rs. 7,500 Rs. 66,480,000 -62.5% Rs. 313,980,000 313.98 -26%
10M/10K Rs. 10,000,000 Rs. 247,500,000 0% Rs. 10,000 Rs. 88,640,000 -50% Rs. 336,140,000 336.14 -21%
10M/12K Rs. 10,000,000 Rs. 247,500,000 0% Rs. 12,000 Rs. 106,368,000 -40% Rs. 353,868,000 353.87 -17%
LAND RATE: Rs. 12 Million per Perch
12M/7.5K Rs. 12,000,000 Rs. 297,000,000 +20% Rs. 7,500 Rs. 66,480,000 -62.5% Rs. 363,480,000 363.48 -14%
12M/10K Rs. 12,000,000 Rs. 297,000,000 +20% Rs. 10,000 Rs. 88,640,000 -50% Rs. 385,640,000 385.64 -9%
12M/12K Rs. 12,000,000 Rs. 297,000,000 +20% Rs. 12,000 Rs. 106,368,000 -40% Rs. 403,368,000 403.37 -5%
LAND RATE: Rs. 14 Million per Perch
14M/7.5K Rs. 14,000,000 Rs. 346,500,000 +40% Rs. 7,500 Rs. 66,480,000 -62.5% Rs. 412,980,000 412.98 -3%
14M/10K Rs. 14,000,000 Rs. 346,500,000 +40% Rs. 10,000 Rs. 88,640,000 -50% Rs. 435,140,000 435.14 +2%
14M/12K Rs. 14,000,000 Rs. 346,500,000 +40% Rs. 12,000 Rs. 106,368,000 -40% Rs. 452,868,000 452.87 +7%
BASE CASE (FROM REPORT)
10M/20K Rs. 10,000,000 Rs. 247,500,000 0% Rs. 20,000 Rs. 177,280,000 +100% Rs. 424,780,000 424.78 0% (Base)
📌 Notes: