The housing market in Sylhet is distinctly segmented. In Sylhet City and major district towns, there is a booming demand for luxury condominiums and modern apartment complexes, largely driven by expatriate investment. The real estate market is robust, and property prices are comparable to upscale neighborhoods in Dhaka.
In rural and suburban areas, the "Londoni" phenomenon is highly visible. Expatriates often build massive, palatial, multi-story single-family homes (locally referred to as "Londoni houses") in their ancestral villages. These luxurious estates often stand in stark contrast to the surrounding traditional homes, which are typically constructed of brick and tin roofs. Affordable housing remains a challenge for the local working class, as the influx of foreign money continually drives up land prices.