March 7, 2024
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4min

An exclusive series of investor forums by Marina Square

Marina Square – Uptown Colombo announced the launch of “Sky-High Sundowns,” a series of exclusive investor forums aimed at exploring the dynamic real estate market of today and offering attendees a keen understanding of the pertinent factors at play in the current real estate investment landscape of the country.

The series was launched against the backdrop of the stunning ocean, Colombo harbour and city skyline views that the development is privy to at an event recently. Through the interactive discussions, show-arounds, and expert insights facilitated, attendees were afforded the opportunity to gain invaluable perspective for investors looking to maximise their returns and mitigate risks while staying ahead of the curve in the ever-evolving real estate sector.

 



 

“In an age where informed decisions are paramount, particularly due to the increasingly dynamic nature of the investment environment, we felt this was a pertinent time to launch this series. We steadfastly believe that an informed buyer makes the best decisions, and we hope this series will help investors navigate the intricate world of real estate investment with more confidence,” explained Mr. Kosala Wickramasinghe, Executive Director of Marina Square, speaking at the exclusive event.

Offering a forward-thinking approach and covering topics ranging from market trends and analysis to emerging opportunities, the event introduced Marina Square’s new InvestPro+ Payment Plan, a variation of the popular InvestPro Payment Plan, uniquely curated for the current investment market.

“From InvestPro to InvestPro+, we have always prided ourselves on keeping the investor at the forefront of our minds and offerings. The unique payment plan, requiring just a 15% down payment and interest-free instalments till end 2025, is our most flexible payment plan to date, solely considering the completion of 7 construction milestones, which included the completion of the superstructure. On offer for a limited time only, we believe this can truly make owning your dream home an investment for savvy investors ready to capitalise on the opportunity. And serves to further reinforce our commitment to empowering individuals to achieve their investment goals.”

With a new episode of the series planned for every month, “Sky-High Sundowns by Marina Square” promises to provide a platform for investors to connect, collaborate, and unlock exclusive new opportunities amidst the breathtaking sea and cityscapes.

Offering stunning views of the ocean, Colombo Harbour, and Skyline, Marina Square, which is scheduled for completion in December 2025, is located on a five-acre expanse and boasts 1088 condominiums across five towers of 36 floors, including two acres of open to sky gardens and recreational areas. Its prime location, just 2km from the highly anticipated Colombo International Financial City (Port City) and 400m from the Port Access Elevated Highway, along with an extensive array of common amenities ranging from an infinity pool to barbecue coves, camping areas, walking and jogging tracks to a multipurpose court, squash courts, and rooftop skydecks, succeed in positioning Marina Square as a landmark development in the heart of tomorrow’s Colombo.

 



 


October 11, 2023
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4min

 



 

 

Revolutionizing the urban luxury living experience, Sri Lanka’s leading private sector bank, HNB PLC, announced a pioneering partnership with Harbour Village (Pvt) Ltd. to redefine homeownership at Colombo’s first and largest harbour front mixed development project, Marina Square, Uptown Colombo.

Strategically located in close proximity to the Port City and a short 400-meter distance from the Port Access Elevated Highway, Marina Square promises a new era of urban luxury living in Colombo. Developed in collaboration with Access Engineering PLC and China Harbour Engineering Company, this prestigious development, offering breathtaking views of the Colombo Skyline, Indian Ocean and Colombo Harbour, encompasses 1,088 condominium units spread across five towers, all soaring to 36 floors in height. With the elevated highway rapidly taking shape, residents of Marina Square are set to experience unmatched connectivity, granting them swift access to the nation’s extensive highway network within minutes.

“At HNB, it’s more than just about banking; it’s about making the dreams of our loyal customer base come true. This partnership reflects our enduring commitment to our customers. This isn’t just about luxury urban living; it’s a savvy investment, and we are delighted to be collaborating with Harbour Village to make these options accessible to our customers,” HNB Assistant General Manager – Personal Financial Services (PFS), Kanchana Karunagama said.

At the heart of this partnership is HNB’s commitment to delivering exceptional value to its customers. Through this collaboration, homebuyers will enjoy the convenience of flexible repayment options designed to align with their budgets. HNB’s dedicated staff will offer doorstep mortgage advisory services, guiding customers through the process and assisting with crucial legal documentation.

Marina Square has always been dedicated to offering homeowners the urban luxury lifestyle they aspire to, with our curated spaces and range of amenities that have been thoughtfully designed to suit the requirements of every modern homeowner. It is the perfect place in Colombo to witness the city’s transformation while experiencing the comforts of convenience and urban luxury at the heart of the city. Our collaboration with HNB opens new doors for those seeking the perfect blend of upscale living and investment potential. Together, we hope to make the urban lifestyle dream a reality,” Harbour Village (Pvt) Ltd Director Kosala Wickramasinghe said.

The ground-breaking partnership promises prospective homeowners unique financing options, attractive interest rates and expert guidance during the promotional period until the 31st of March 2024.

As part of several exclusive benefits that HNB customers can avail thanks to this partnership are special offers on selected premium 2BR/3BR units, ensuring world-class luxury at the most competitive rates. Additionally, prospective customers will be able to schedule exclusive viewings along with arrangements for further discussions at customer-convenient locations.

 



 

 


August 16, 2023
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4min

 



 

 

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 6th 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.

 



 

 


September 20, 2020
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4min

Marina Square – Uptown Colombo recently launched a completely revamped new website, providing a unique customer experience and extensive interactive content. The information is presented in an easy to navigate manner and illustrated through life like, architecturally accurate 3D images, giving the customers a ‘preview’ of what to expect from the Marina Square Development.

The credentials of the developer are an essential factor to consider when investing in a real estate. All the information about the developers, namely, Access Engineering PLC, China Harbour Engineering Company and Mustafa Singapore can be found in the ‘About Us’ section. Another, important factor is the fast changing ‘landscape’ of Colombo and its impact on the location of the project. Information about the mega projects that will impact the overall Colombo city is detailed in the ‘What Tomorrow Brings’ in the ‘Home Page’ of the website.

 



 

 

The ‘Location & Living’ section expands on the concepts of Design & Architecture, Urban Luxury and the Connectivity of the Marina Square development. The ‘Indulgence’ section as its name suggests, details the incomparable list of facilities and features offered in the Marina Square development. These are categorized as ‘Social’, ‘Active’ and ‘Wellness’, and include many of the activities that you can indulge in as residents of Marina Square. The ‘Condo’ section contains all the information about the 21 different types of Condos on offer. It also includes a section where one can search for the best suited Condo for you, based on a set of selection criteria. Not only can you narrow down the Condos that best suit you, one can then compare up to three Condo units side by side to make the final selection. Information about the progress of the project can also be found in the ‘Condo Units’ section.

The ‘Gallery & Downloads’ section contains Architecturally accurate 3D images as well as Virtual Tours, AR & VR Content and all other project related content providing you with all the information and documents at your fingertips directly from the Marina Square website. Visit www.marinasquare.lk to find out why Marina Square is beyond compare.

 

 



 

 

 


March 16, 2020
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3min

Marina Square – Uptown Colombo recently participated in the Maldives Living Expo, which took place in February in Dharubaaruge, Male City, Maldives. Successfully held since 2013 Maldives Living Expo is known for showcasing the best of the region in terms of key properties in the Maldives and its neighboring countries and has continued to expand over the last 8 years to become the premier Real Estate and Living exhibition in the Maldives, attracting major regional developments showcase living and lifestyle options.

Marina Square – Uptown Colombo is Sri Lanka’s first and largest harbour front development project by three internationally reputed industry giants; Access Engineering PLC, China Harbour Engineering Company and Mustafa Singapore. This spectacle of fully integrated mixed development is located just minutes away from the Colombo International Financial City (Port City), International Maritime Centre, Fort Multimodal Transport Hub and leading schools. Located within the Colombo CBD, Marina Square is best situated to benefit from the major infrastructural developments such as the CIFC (Port City), Inner City Elevated Highway, the MRT System and the Fort and Peliyagoda transport hubs. This prime development offering value for money is certain to be a rewarding investment with substantial capital gains and rental income.

With more than 10,000 Maldivians living in Sri Lanka, it is safe to say that Sri Lanka is an important destination for Maldivians. Many Maldivians visit the country for medical treatment and educational purposes. With Marina Square being strategically located in close proximity to some of Colombo’s leading schools and hospitals, it makes an ideal luxury condominium for Maldivians. The property will also have a medical centre available within the premises for any of the residents’ medical needs. Furthermore, with the development of the Port City less than 2km away from Marina Square, international standard medical care and education opportunities will also be available just minutes away; thus offering an ideal investment opportunity for anyone looking for a second home in the country.



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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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