Sri Lankan Property Developer Prime Group, is adding to its extensive portfolio of housing projects with Waterfall Residencies, a tranquil, nature-friendly residential complex located at Chandrika Kumaratunga Mawatha, Malabe.
Backed by 25 years of proven expertise, Prime Group’s latest project comes on the heels of the company securing an ICRA credit rating of [A] - Stable a first in the Sri Lankan real estate sector. As the name depicts, “Waterfall Residencies” was inspired by 100 feet waterfall at the site making it truly remarkable.
Set amidst the idyllic, lush environs of Malabe, this sprawling land with over 5 acres will be home to 40 individual two-storied housing units with three-bedrooms, affording residents the versatility of a serene, relaxed home close to the urban conveniences of Colombo. Prime Waterfall Residencies was launched on June 27 and is set to be completed in 2022 with each unit priced from Rs. 24.5 million with a 2 year interest-free period.
“Waterfall Residencies is the manifestation of our commitment to sustainability and wellness-centric living. This innovative way of thinking has been expressed at all points in our development to create the most suitable and high-quality conditions of living for potential residents surrounded by lush greenery. It gives one the opportunity to thrive in a serene, safe and comfortable home environment with access to multiple modern amenities infused with smart technology, while surrendering none of the conveniences of city life with its location in the prolific IT Zone in Malabe. We believe Waterfall Residencies has the potential to transform Sri Lanka’s housing market and help the real estate industry incorporate more of nature into homes going forward,” remarked the General Manager, Ruminda Randeniya.
Each 10 perch plot of land will be home to two-storied house that ranges from 1552 to 1707 square feet, while two thirds of the plot will contribute to an expansive, spacious garden space. All homes are structured incorporating Prime Group’s celebrated architectural and engineering hallmarks using material and fittings of international standards and infused with smart home technology to facilitate futuristic living which will include light controls, atmosphere controls and safety detectors.
Waterfall Residencies is shaped upon a unique ethos of supporting healthy lifestyle incorporating nature and therefore will be constructed with minimal disruption to nature promoting wellness living.
With over 25 years of expertise, Prime Group is a truly Sri Lankan company and named one of the most respected entities in Sri Lanka in 2019 by LMD and has been recognized as a Great Place to Work for the past five consecutive years.
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