Real Estate

September 19, 2023

Having revolutionized the real estate industry in Sri Lanka, John Keells Properties, is proud to unveil their latest residential project, ‘Viman’, set to transform contemporary living in the heart of Ja-Ela.

John Keells Properties, the property arm of the renowned John Keells Holdings, has earned a prestigious reputation in the real estate market for making a significant impact with innovative approaches to creating dream living spaces and exceptional experiences.

Aligned to their vision of ‘Creating New Worlds’ and curating spaces that redefine life’s experiences, Viman represents another unique new venture from John Keells Properties. Spread across 6 acres, offering a harmonious blend of modern comforts with 418 apartments, Viman is designed to provide a secure, family-friendly environment with convenient access to Colombo city, while retaining the charm of a small-town setting.

Nayana Mawilmada, President – Property Sector of John Keells Holdings PLC stated, “We are extremely excited to launch Viman, the latest frontier of John Keells Properties. We believe that Viman is more than just a home. It is a lifestyle engulfed in the warmth of a small town. Inspired by the principles of balance, nature, and modern convenience, Viman offers a thoughtfully designed collection of residences that embrace eco-consciousness, accessibility to multiple locations, and a nurturing sense of community.”

Located in the heart of Ja-Ela, residents will enjoy easy access to an array of conveniences including supermarkets, banks, restaurants and hospitals. Furthermore, Viman offers the distinct advantage of proximity to the Colombo Port access highway, facilitating exceptional connectivity between Ja-Ela and Colombo. This strategic location not only enhances convenience but also ensures efficient travel for residents and businesses alike.

Nestled within a lush central garden, Viman boasts a range of amenities, including a swimming pool, gymnasium, meditation courts, clubhouse, a kids play area, cycling and walking spaces, and a multipurpose outdoor sports court, in addition to electric vehicle charging. These features create a peaceful sanctuary for residents to reconnect with themselves and provide an ideal space for families to thrive.

Notably, Viman will feature energy-efficient solar-powered homes, abundant green spaces, and foster a strong sense of community, exemplifying John Keells Properties’ commitment to prioritize both modern comforts and a sustainable lifestyle.

With a diverse portfolio of groundbreaking developments including The Emperor, The Monarch, 7th Sense, OnThree20, TRI-ZEN, and the Cinnamon Life Integrated Resort, John Keells Properties, has consistently been at the forefront of the development of residential condominiums and has played an important role in shaping Sri Lanka’s urban residential landscape.

For more information about ‘Viman’ and to explore the future of residential living, contact John Keells Properties on 076 062 062.

September 8, 2023

Catering to the increasing demand for luxury urban living, Sri Lanka’s leading private sector bank HNB PLC, renewed its partnership with premium real estate developer, Capitol Towers Ltd of the renowned Sanken Group, to offer housing loans and special promotions to HNB Club and Priority Circle members.

Housing a range of high-end, stylish apartment units, the promotion is exclusively available for prospective homeowners of Capitol TwinPeaks, and is only valid until 31.03.2024. Capitol Towers Ltd. Chief Operating Officer Dhammike Wasanthakumara, Capitol Towers Ltd. Senior Sales Manager Chandrasekeram Thuwaregan, HNB Deputy General Manager – Retail Banking Group, Sanjay Wijemanne and HNB Head of Personal Financial Services, Kanchana Karunagama were present at a ceremony held to renew the partnership.

“We are excited to offer the next generation of affordable luxury to our highly select Club and Priority circle customers, with a wide range of custom financial services and special promotions. Market trends indicate that many residents are shifting towards urban living, as they offer comfort, convenience and additional facilities in addition to being an investment opportunity. As banking partner to the nation, we will always work towards ensuring our customers have the most competitive rates and facilities available in the country,” said HNB Head of Personal Financial Services, Kanchana Karunagama.

During the promotion period, HNB will offer their priority customers convenient and flexible home loans at some of the most competitive rates in the market. Committed to delivering maximum value to its customers, the bank also provides convenient and flexible repayment options tailor-made to their budget.

HNB’s dedicated agents will also provide doorstep mortgage advisory services by assisting customers with all legal documentation needed for the facility.

“The renewal of our partnership with HNB is a testament to their continued excellence and services for the industry, and is indicative of our commitment towards offering the best financing possible for prospective homeowners,” stated Capitol Towers Ltd. Chief Operating Officer Dhammike Wasanthakumara.

Capitol TwinPeaks is a 50-storey twin skyscraper with 475 luxury Apartments located at No. 24, Staple Street, Colombo 02. The complex is set to offer a range of world-class amenities and services, including star-class restaurants and bars located at the 50th level where the twin towers are connected by a Sky Bridge; South Asia’s highest. Capitol Towers Ltd, a subsidiary of Capitol Developers Ltd and a member of the Sanken Group, developed Capitol TwinPeaks in collaboration with Sanken Construction Pvt Ltd and P&T Group Architects of Singapore. With nearly 80% its inventory sold and over 250 Apartments handed over to the owners, Capitol TwinPeaks is entering into the final leg of its sales drive.

With 254 customer centres across the country, HNB is one of Sri Lanka’s largest, most technologically innovative banks, having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. Over the recent past, the bank was ranked among the World Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine. HNB has a national rating of A (lka) by Fitch Ratings (Lanka) Ltd.

HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020. The bank further won the Award for the Best Retail Bank in Sri Lanka for the 11th time at the Asian Banker Awards 2020, in recognition of its sustainable growth and continuous improvements in processes, products and services amidst a challenging macroeconomic environment.

August 31, 2023

In a historic collaboration that promises to reshape the landscape of real estate research in Sri Lanka, Trustus Consultants and LankaPropertyWeb (LPW) have joined forces to spearhead comprehensive explorations within the country’s dynamic property sector. This strategic partnership, forged with a shared vision, aims to not only redefine research practices but also empower industry stakeholders and the public with unmatched insights.

The partnership unites Trustus Consultants, renowned for its deep property valuation insights, and LPW, a leading source of up-to-the-minute real estate market information. Together, these two entities bring a potent synergy to the realm of real estate research, intending to transcend conventional boundaries when understanding market trends, consumer behaviour, regulatory influences, and future trajectories.

“We are thrilled to embark on this transformative journey with LPW,” said Mr. Tharaka Weragoda Managing Director at Trustus Consultants, “Our collective expertise and resources will enable us to unravel the intricacies of the real estate market like never before, thereby contributing to informed decision-making and positive advancements within the industry.”

This collaboration goes beyond synergy, signifying a united endeavour to redefine the future of real estate insights in Sri Lanka. By harnessing their combined dedication, resources, and shared goals, Trustus Consultants and LPW seek to elevate the standards of research and knowledge dissemination, ultimately redefining the narrative of the country’s real estate sector.

With this partnership, we are witnessing an ambitious effort to create a platform for knowledge exchange and collaboration, where stakeholders from various sectors of the real estate ecosystem can converge to share insights and contribute to the advancement of research practices. Accordingly, the platform aims to facilitate meaningful discourse among industry players, investors, policymakers, and the public, fostering an environment of innovation and informed choices.

“The potential of this collaboration is immense,” added Mr. Daham Gunaratna Managing Director, at LPW, “We are breaking new ground by pooling our strengths to catalyse positive changes within the space. Our collaborative effort will undoubtedly lead to deeper understanding, innovative solutions, and a brighter, more accessible future for Sri Lanka’s property market.”

As Sri Lanka’s real estate sector continues to evolve, this partnership stands as a beacon of progress and collaboration. With its strategic approach, comprehensive research objectives, and commitment to knowledge dissemination, Trustus Consultants and LPW are poised to lead the charge towards a more enlightened, dynamic, and prosperous real estate industry.

Trustus Consultants and LPW have set their sights on a future where their collaborative efforts will revolutionize how real estate research is conducted and leveraged in Sri Lanka. This partnership is one that goes beyond data to fuel transformational growth, empowered decision-making and innovation that will shape the course of the industry for years to come.

August 16, 2023

Marina Square – Uptown Colombo, Sri Lanka’s first and largest harbor-front mixed development, celebrated a significant milestone by topping off Tower Cove, the fourth of the project’s five towers to be completed structurally. This also marks the completion of the 6^th milestone of a standard schedule and the completion of structural work of 125 apartment tower floors out of a total of 147 floors.

The occasion was marked by a special topping-off ceremony at the location in the presence of representatives from the two developers, project consultants, regulatory authorities and other dignitaries. The milestone marks the steady progress the project has made in a year wrought with challenges arising from the economic turmoil of 2022. Bolstered by the strength of its two developers, industry giants, Access Engineering PLC (AEL) and China Harbour Engineering Company (CHEC), Marina Square has consistently proved its commitment to stakeholders through sustained construction activities in challenging times.

The Project Director and Marina Square Board Member, Mr. Kosalsa Wickramasinghe, commenting at the ceremony noted that the combined resources, collective strengths and industry experience of the developers; AEL and CHEC have been pivotal in continuing construction activities in a year marred by import restrictions, rapidly snowballing construction costs and the worst economic crisis the country has seen. He also commended the support extended by all stakeholders including the valuable customers, staff of both the developer and contractor, financial service providers, regulatory authorities and project consultants, without whose tireless effort this feat would not have been possible. ‘With the same support and commitment that was evident in the past, we are now confident of completing the structural works of all 5 residential towers by the end of this year’ Mr. Wickramasinghe noted, addressing the gathering.

Marina Square Board Member and CHEC (Sri Lanka) Managing Director, Mr. Jiang Houliang, further noted the developers joint commitment towards ensuring the successful completion of the project and its unique value proposition as an ideal home for the discerning, seeking affordable luxury in close proximity to the Central Business District and burgeoning Port City.

Strategically located mere minutes away from Port City and 400m away from the Port Access Elevated Highway, Marina Square is developed on an expansive five-acre land and consists of 1,088 condo units over 36 floors across 5 towers. With the elevated highway construction also gaining pace, residents at Marina Square will enjoy unparalleled connectivity with easy access to the country’s entire highway network within minutes of their doorstep.

Offering a large range of amenities that suit the requirements of every modern homeowner and with breathtaking views of the Colombo Skyline, the Indian Ocean and Colombo Harbour, Marina Square promises to be the epitome of urban luxury living on completion.

August 16, 2023

Colombo, Sri Lanka, August 2023 – John Keells Properties (JKP), Sri Lanka’s premier real estate developers making waves in the industry with its innovative approach to crafting dream spaces and delivering exceptional living experiences. As one of the largest conglomerates listed on the Colombo Stock Exchange, John Keells Holdings PLC has built an illustrious reputation for its diverse portfolio, and JKP stands tall as the crown jewel of its real estate ventures.

Renowned for its development of premier residential condominiums, JKP has been instrumental in shaping Sri Lanka’s urban residential landscape. The Emperor, The Monarch, 7th Sense, OnThree20, TRI-ZEN, and the iconic 4.5 million sq. ft. integrated resort property, Cinnamon Life, have become synonymous with excellence and innovation. Beyond residential projects, the company also operates renowned properties such as the Crescat Boulevard Mall, the K-Zone Malls in Moratuwa and Ja-Ela, and the Victoria Golf Resort in Digana, Kandy, revered as one of the ‘100 Most Beautiful Golf Courses in the World’, which also features exclusive land plots and luxury holiday homes.

What sets JKP apart is its commitment to innovation, which is evident in its trailblazing initiatives. The concept of integrated living was pioneered with projects like The Emperor and The Monarch, setting new benchmarks in luxury living. On Gregory’s Road, one of Colombo’s most prestigious addresses, 7th Sense was introduced as a residential space that redefines exclusive luxury living. TRI-ZEN, a residential development designed from the ground up for smart tech integration, showcases the company’s dedication to embracing cutting-edge technology.

A hallmark achievement for JKP is the single, largest private investment in the country – Cinnamon Life. This integrated resort property continues to lead Sri Lanka’s real estate journey and is poised to transform the city of Colombo. In line with its brand mantra, “Creating New Worlds,” JKP aspires to revolutionize the real estate industry by going beyond mere construction. Each project is meticulously crafted to embody the essence of dreams turned into reality, where life is celebrated in all its glory.

Nadeem Shums, Head of Sales & Marketing at John Keells Properties and Vice President of John Keells Holdings stated: “We take immense pride in embodying our core values – Passion, Inspiration, Innovation, and Trust. These values are the pillars that hold us together, propelling us to deliver the very best to our clients.”

At the heart of JKPs success is its exceptional team. The company firmly believes that great creativity is driven by great convictions, and its team stands as a testament to this belief. Passion, Inspiration, Innovation, and Trust are the core values that underpin the company’s foundation, making it a paragon of integrity and excellence.

Concluding, Shafeeka Gunasekara, Head of Marketing – John Keells Properties noted: “We are dedicated to more than just constructing bricks and mortar; we are committed to bringing conviction to life. With every project, JKP strives to redefine real estate as spaces where dreams come alive, and the tapestry of life is woven into unforgettable experiences.”

As JKP continues to lead Sri Lanka’s real estate journey, its vision of crafting dream spaces and delivering exceptional living experiences remains steadfast. The future promises to be even more inspiring as the company carves its path in revolutionizing the real estate industry and creating new worlds where dreams are realized.

August 2, 2023

Monarch Regency Pvt Ltd, has partnered with A&A International Holdings (Pvt) Ltd for Sales and Marketing of 808 Regency Kotte.
The premier residential building promises a perfect blend of comfort, convenience, and potential for growth,

Colombo, Sri Lanka, August 2023 – Monarch Regency Pvt Ltd, the real estate development arm of Monarch Imperial Pvt Ltd, announced the launch of 808 Regency, an exquisite residential apartment building designed to meet the needs of discerning home buyers and astute investors. This development offers a unique opportunity for individuals seeking a premier living experience in the fast-developing area of Kotte.

With 48 units in total, 808 Regency provides a range of exclusive, spacious and elegant apartments. Prospective residents can choose from a selection of one-bedroom (starting at LKR 21 million), two-bedroom (starting at LKR 29 million), and three-bedroom (starting at LKR 44 million) units, ranging from 644 square feet to 1,424 square feet.

Commenting on the proposition and strategic location of 808 Regency, Financial Controller, Monarch Regency Pvt Ltd – Udara Illeperuma stated: “Kotte is on the cusp of transforming into a bustling hub for business and administration with plans for development and relocation of certain government administrative functions. The prime location of 808 Regency, in close proximity to Colombo and serving as a central point to numerous other suburbs, offers residents convenient access to all the amenities and attractions of the capital city. As the area experiences rapid growth and development, 808 Regency becomes an ideal choice for individuals seeking to establish a comfortable and vibrant lifestyle in a thriving environment. We invite individuals from across the nation, particularly first-time home buyers and property investors, to explore the remarkable offerings of 808 Regency through our real estate sales & marketing partner A & A International Holdings”

Residents of 808 Regency will enjoy an array of modern facilities within the apartment complex. These amenities include a pool for leisure and relaxation, 24/7 security to ensure peace of mind, a reliable generator for uninterrupted power supply, ample parking spaces for residents and visitors, and an efficient garbage disposal system to maintain cleanliness and hygiene.

Concluding, Illeperuma noted: “One of the key selling points of 808 Regency is the advanced stage of the project. Unlike many new developments that are still in the concept stage, 808 Regency is nearing completion. This means that buyers and investors can expect to own their new homes by January 2024, with minimal waiting time and reduced risk. Interested parties can visit the stylishly appointed show apartments on-site, featuring high-quality finishes, to get a glimpse of the luxury and comfort that await them at 808 Regency.”

A & A International Holdings is a company specializing in design and construction, as well as marketing and sales strategies for apartment and real estate developers. They provide expertise in these areas, allowing developers to focus on their core business while relieving them of the burden of marketing and sales responsibilities. The company is led by industry experts with over 70 years of collective industry experience, giving them extensive knowledge and insight into the market. This expertise is an advantage they offer to their clients, having worked on numerous leading apartment and mixed development projects in the past.

Commenting on the partnership, Managing Director, A & A International Holdings (Pvt) Ltd – Anshal Ambawatte stated: “We are delighted to announce that A & A International Holdings will work in collaboration with Monarch Regency Pvt Ltd in the launch of 808 Regency or the Sales & Marketing of the project. Our partnership with 808 Regency (Pvt) Ltd is driven by a shared commitment to excellence. The project’s sound financial backing, prime location, superior construction standards, and competitive pricing make it an exceptional investment opportunity. A & A International Holdings is excited to collaborate with 808 Regency (Pvt) Ltd in showcasing this remarkable development to discerning home buyers and astute investors. Together, we aim to create a thriving community that offers a superior living experience in a prime location.

Monarch Regency Pvt Ltd has partnered with Sanken Lanka, a renowned name in the industry for pilling and construction; whilst MEP aspects are under the purview of Haritha Consultants (Pvt) Ltd, known for their expertise in this field.

In addition to offering an exceptional living experience, 808 Regency presents a promising investment opportunity. The property is expected to witness 12 – 15% capital growth per annum, ensuring favourable returns for investors. Furthermore, the projected annual rental yields are forecasted at approx. LKR 1.2mil to 1.4mil for 1 bedroom units, LKR 1.8mil to LKR 2.1mil for 2 bedroom units, and LKR 2.4mil to LKR 2.7mil for 3 bedroom units, making it an attractive option for those seeking an income-generating asset.

July 27, 2023

Iconic Developments, a leading real estate developer in Sri Lanka, continues to revolutionize the industry with the introduction of two groundbreaking initiatives—FlexiPay and the Rental Assistance Program. Designed to provide unparalleled flexibility and peace of mind to prospective homeowners, these new offerings reaffirm Iconic’s commitment to enhancing the homebuying experience for its valued customers.

The FlexiPay plan allows prospective buyers to take a giant leap towards their dream home by paying just 50% of the property’s value upfront. The remaining 50% can be settled comfortably over a period of 12 to 24 months without incurring any interest. This unique payment structure empowers buyers to secure their desired apartment without the immediate financial strain, ensuring a seamless and stress-free homeownership journey.

But Iconic’s innovation doesn’t end there. To further ease the financial burden on homebuyers, the company introduces an added advantage—renting out the purchased apartment after making the initial downpayment. This strategic move offers homeowners a supplementary source of income, significantly reducing their monthly installments. With this exceptional rental opportunity, Iconic aims to provide homeowners with greater financial flexibility and stability.

“We understand that buying a home is one of the most significant decisions in our customers’ lives. Our goal is to make this process as convenient and rewarding as possible. With our new FlexiPay plan and the opportunity to rent out purchased apartments, we are empowering our customers to embark on their homeownership journey with confidence,” said Rohan Parikh, Chairperson of Iconic Developments.

In addition to the rental opportunity, Iconic is introducing a thoughtful rental assistance program that streamlines the process of finding suitable tenants for homeowners. With Iconic’s dedicated support, homeowners can confidently navigate the rental process and make informed decisions regarding their properties.

“By offering a personalized rental assistance program, we aim to support our homeowners in finding reliable tenants effortlessly. Our team will go the extra mile to match their requirements with suitable tenants, providing a stress-free experience and peace of mind,” added Rohan Parikh.

With FlexiPay and the rental assistance program, Iconic Developments once again demonstrates its commitment to empowering customers and enhancing their homebuying experience. As a trailblazer in the real estate industry, Iconic continues to set new standards and redefine homeownership in Sri Lanka.

Prospective buyers can now seize this incredible opportunity to secure their dream home with ease and embrace a future filled with comfort, convenience, and financial flexibility. For more information about the FlexiPay plan and the rental assistance program, interested parties can contact Iconic Developments or visit their website.

Iconic Developments is a leading real estate developer in Sri Lanka, committed to delivering innovative, high-quality, and sustainable living spaces. With a customer-centric approach and a portfolio of successful projects, Iconic continues to shape the landscape of modern living in the country.

June 22, 2023

Working to reinvigorate the real estate landscape, Sri Lanka’s leading private sector bank HNB PLC, signed on as the official banking partner for real estate giant Home Land Holdings to offer prospective homeowners affordable payment solutions to invest in a property of their own.

The promotion will be applicable across the Home Lands wide portfolio of lands. The joint venture was entered into at a simple ceremony held at the Home Lands head office in Battaramulla. In attendance were HNB Deputy General Manager (DGM) – Retail Banking Group, Sanjay Wijemanne, HNB AGM – Personal Financial Services (PFS), Kanchana Karunagama, and Home Lands Group Managing Director, Nalin Herath, along with members of HNB and Home Lands Group’s senior management.

“The outlook for the real estate industry in Sri Lanka for 2023 is positive and resilient, despite the challenges created by the global pandemic and economic downturn. The sector has continued to flourish, providing numerous investment opportunities for real estate enthusiasts and prospective homeowners looking to invest in the property of their dreams. As such, we are delighted to sign on as the official banking partner to Home Lands to offer our loyal customers with the best options in the market,” HNB AGM – Personal Financial Services, Kanchana Karunagama said.

Delivering maximum value to its customers, HNB will provide convenient and flexible repayment options tailor-made to their budget. Doorstep mortgage advisory services are also provided by the bank’s dedicated agents, who will also assist customers with all legal documentation needed for the facility.

“We as a corporate have always been committed to ensuring prospective land/homeowners are offered the best solutions for their real estate needs, this is part and parcel of our corporate ethos. As part of this we have leveraged on our long-standing relationship with HNB to strengthen our commitment to offering prospective land/homeowners with the best possible solutions in the market and we are delighted to partner with them once again,” Home Lands Group Managing Director, Nalin Herath said.

“We would be subsidizing a component of the interest for three years, to make real-estate punches more possible to our valued customers during these times, by helping making their dream of owning a land or home a reality” continued Mr. Herath

Home Lands Group is the number one real-estate solution provider in Sri Lanka and was recently awarded the “Best Developer” in the 4th Property Guru Asia property awards (Sri Lanka) Asia 2021. Headed by one of Sri Lanka’s innovative business leaders Mr. Nalin Herath, a licensed professional surveyor with more than 20 years’ experience in surveying and land mapping, the Group consists of 2 companies in real-estate : Home Lands Skyline, in charge of the developing and selling of condominiums and individual houses, and Home Lands Holding, in charge of handling land sales. Providing its customers with the best properties as well as the most attractive facilities, Home Lands Holding continues to be the most preferred real estate partner of the nation, strengthening and revitalizing the industry.

HNB was ranked among the World’s Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine for the sixth consecutive year in 2022, in addition to being crowned the Best Retail Bank in Sri Lanka for the 13th occasion at the prestigious International Excellence in Retail Financial Services Awards 2023 hosted by the Asian Banker Magazine.

June 21, 2023

20th June 2023 – Colombo: The USD 500 million + ITC development, comprising the Sapphire Residences and super luxury hotel ITC Ratnadipa, occupies pride of place at the centre of Colombo’s most prestigious ocean front location. Overlooking the Galle Face and the Indian Ocean on one side and the Beira Lake on the other, this landmark is already redefining the city’s skyline. This development by WelcomHotels Lanka (Pvt) Ltd., a wholly owned subsidiary of leading Indian conglomerate ITC Ltd has successfully navigated significant external challenges and headwinds over the past few years and is now on course towards completion in 2023.

With its distinctive architecture and the eye-catching engineering marvel, the AHASA Sky Bridge, a one-of-a-kind structure in South Asia, installed approximately 100 meters in the air to connect the two towers, this development is poised to become a globally recognized landmark for the city, if not the entire country.

Sapphire Residences is all set to raise the bar of luxury living with interiors exquisitely curated in four distinctive styles by YOO Inspired by Starck. Aptly named ‘Sky Mansions’, at over double the size of other luxury apartments in Colombo, these expansive lateral homes average around 5,500 sq. ft., providing ample space for a whole family – including staff – to enjoy spacious and unhindered comfort. In addition, there are four penthouses, each covering over 9,300 sq. ft. each and two palatial Master Penthouses spanning a remarkable 19,000 sq. ft each across a single floor.

Every Sky Mansion incorporates a state-of-the-art home automation solution that includes hands-free voice control and mobile devices, empowering residents with complete control of their environment and the ability to avail services on demand from the adjacent Luxury hotel ITC Ratnadipa as well. Complementing the luxury lifestyle, the over 40,000 sq. ft. of premium amenities including the exclusive private Residents’ Club, swimming pools, private cinema, outdoor amphitheatre, full-service spa (with steam, sauna and treatment rooms), gymnasium and fitness centre, yoga room, indoor squash court and multi-purpose sports court etc., These have been carefully designed to appeal to an elite group of like-minded individuals who appreciate the finest things in life.

The development has been designed around the unwavering principle of ‘Responsible Luxury’ which allows discerning patrons to experience luxury with sustainability. Sapphire Residences has already achieved the globally respected LEED BD+C pre- certification at the highest Platinum level (Core and Shell Development), ensuring the lowest environmental impact of any building of this scale.

Above all, Sapphire Residences will be defined by its residents. This extraordinary complex, which comprises only 132 Sky Mansions and Penthouses, is expected to be home to a select number of individuals who have ascended the pinnacles of success and personal achievement and will appreciate stylish, carefree living in the most luxurious and secure homes in what is perhaps the best possible location in Colombo.

June 20, 2023

Ridgeview spans 25 acres.
18 exclusive land plots consist of three [03] premium plots ranging from 174-274 perches; 15 standard plots ranging from 94-128 perches.

Colombo, Sri Lanka, June 2023 – Following the tremendous success and growing interest from investors in their esteemed projects, Sunrise Ridge and Peacock Valley at Victoria Golf Resort, John Keells Properties is thrilled to announce the launch of their newest project, Ridgeview. Offering 18 premium land plots, Ridgeview presents a unique opportunity for individuals to build their dream home amidst breathtaking natural beauty, with panoramic views of the Victoria reservoir, the scenic Kandyan hills, and the Victoria golf course, ranked among the ‘100 most beautiful golf courses in the world’ and awarded ‘Sri Lanka’s best golf course in 2022’.

Located in the heart of Digana, Kandy, Victoria Golf Resort has gained recognition as a world-class destination for golf enthusiasts. Embraced by picturesque landscapes, the resort warmly welcomes avid golfers seeking an exceptional sporting experience, as well as leisure enthusiasts in search of a tranquil getaway. Managed by TROON International, the prestige 18-hole championship golf course, expertly designed by the golf architect Donald Steel, offers an unparalleled golfing experience that meets international standards.

Ridgeview at Victoria Golf Resort epitomizes tranquility and luxury, seamlessly blending stunning views with the championship golf course. Each land plot at Ridgeview serves as a blank canvas, empowering owners to craft architectural masterpieces of their own. The expansive landscapes, adorned with lush greenery and bordered by the serene Victoria reservoir, create an exquisite backdrop that immerses homeowners in the wonders of nature. Notably, Ridgeview’s exceptional location sets it apart, offering breathtaking views at every turn. Residents can indulge in panoramic vistas, rolling hills, and shimmering water bodies, experiencing a visual feast that captivates the senses.

Commenting on the announcement, John Keells Properties, Head of Sales & Marketing/ John Keells Holdings, Vice President – Nadeem Shums stated: “We are delighted to introduce Ridgeview as the epitome of luxury living in Kandy. These exclusive land plots offer an unparalleled opportunity to create your own private paradise within a world-class golfing community. With its extraordinary location and captivating natural beauty, Ridgeview truly exemplifies the essence of serene living. Prospective homeowners will now have the chance to customize their dream homes according to their unique tastes and preferences, ensuring that each residence within Ridgeview is a reflection of its owner’s personal style.”

With only 18 land plots available, Ridgeview presents a limited offering of exclusive opulence, providing a rare opportunity to indulge in lavish and luxurious living in the heart of Kandy. For more information, please contact Victoria Golf Resort at +94 712 376 376.

Newer Posts

Older Posts

John Keells Properties launches ‘Viman’, their latest residential development.

HNB offers exclusive benefits on home loans for Capitol TwinPeaks Apartments

Trustus Consultants & Lanka Property Web Pioneer New Era of Real Estate Research in Sri Lanka

Marina Square tops off ‘Tower Cove’; marking continued steady progress

John Keells Properties Pioneering a New Era in Sri Lanka’s Real Estate Landscape

Embracing Luxury Living: 808 Regency apartments launches in Kotte, Sri Lanka

Iconic Developments Redefines Homebuying Experience with FlexiPay and Rental Assistance Program

HNB joins Home Lands Holding to provide affordable financing for real estate and property investment

Sapphire Residences on course to complete and launch Colombo’s most exclusive residences

John Keells Properties Launches ‘Ridgeview’ – The Latest Masterpiece at Victoria Golf Resort