Prime Grand Archives

October 26, 2020

First and only high-rise standing at 160m in Colombo 07
332 ultra-luxury, private residences spread across 37 storeys

Prime Grand, the flagship ultra-luxury condominium project of Sri Lanka’s premier property developer Prime Group, recently unveiled its 37^th floor to a highly exclusive gathering at its premises. The award-winning 160m tall residential tower, set to be the only high-rise in the most sought-after neighbourhood of Colombo 07, will redefine the city’s skyline while introducing a rare collection of exquisite two- to four-bedroom ultra-luxury, private residences unlike any other in the country. The project is slated for completion in the second quarter of 2022.

Graced by the presence of a highly select list of prospective buyers, guests were able to take in the uninterrupted, breath-taking vistas offered at the 37^th floor and experience the ambience and spectre of its masterfully designed architecture over an experiential evening set against a spectacular sunset. They were also treated to the rare opportunity to seek the expertise of Prime’s highly experienced engineering and legal teams, as well as trusted finance partners, to a bid to provide a 360 degree experience in a single setting.

Commenting on the Group’s latest initiative, Chairman Premalal Brahmanage, “Prime Group has always been extremely agile in operation and in addressing fast-evolving consumer needs, with innovative thinking at the fore. Unveiling the 37^th floor of Prime Grand’s game-changing, ultra-luxury living space is the culmination of this winning mentality and hard work. We are glad to say that this event afforded prospective buyers the unique opportunity to not only experience the premises and the breath-taking views from the top, but also to dissolve all their legal, financial and engineering queries in one setting. We truly believe Prime Grand offers a once-in-a-lifetime, generational opportunity to invest in an prestigious asset at Colombo’s most prized address, a scarce commodity that cannot be replicated.”

Meticulously designed over 40,000 Sq Ft to maximize city views, the building draws inspiration from its natural surroundings using timeless, high-quality materials, captivating color palettes and intentional sustainable design. Prime Grand’s offering of 332 simplex and duplex condominium residences are complemented by four stories of double height parking, where one residence is allotted a minimum of two parking slots, and three levels of curated indoor and outdoor services and amenities.

With well-appointed interiors, these residences will debut the finest, flooring and kitchen finishes coupled with modern home automation technology, access controlled elevators, and smart door locks with access card systems to ensure comfort and security for its residents. Each residence will also be allotted two car spaces and charging bays for electric vehicles. A more prominent, defining feature of the entire structure is its availability of privacy cavities placed between every apartment, guaranteeing utmost privacy for each resident and the seclusion of living in a detached home.

The ultra-luxury tower will also feature a 71-meter infinity pool at a height of over 125m, the longest elevated infinity pool in Sri Lanka affording expansive views of the breath-taking Colombo skyline, to be enjoyed alongside a Sky Bar and restaurant. In a bid to preserve a sense of community, residents also have exclusive access to a sprawling recreational area, comprising a state-of-the-art gym, a 36-meter pool, a children’s pool and play area, a world class spa, badminton court, and a multifunctional hall, mini-mart and a day care center, among others, among others. At Prime Grand, luxury is truly king and privacy paramount.

About Prime Group

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 recognised as a Great Place to Work for the past five consecutive years. Prime Group is the only ICRA [A] Stable rated real estate company in Sri Lanka, solidifying their financial stability. Prime Group was also crowned Sri Lanka’s best developer for two successive years by the largest and most respected real estate awards programme in the region, PropertyGuru Asia Property Awards; having developed multiple award-winning housing and condominium projects. Prime Group was also accredited Among Asia’s Best Brands and The Best entrepreneur in the year 2018 by Asia One magazine.

June 9, 2020

Construction process aligned to all preventative health protocols
Completes 37^th Floor

Prime Grand, the flagship luxury project of Prime Group, the leading real estate developer of Sri Lanka, has resumed its operations in accordance to #RestartSL protocols announced by the Government of Sri Lanka.

Prime Group which stands strong in their contribution towards the economic regeneration in the country, celebrated a key milestone of ‘Prime Grand’, the award winning project crowned the Best Luxury Condo development in Sri Lanka in 2019 by Asia Property Guru Awards. Just a few days prior to the curfew, the group held the topping off ceremony on the 11^th March which marked the completion of the super structure celebrating the final cement pour. T he ceremony was graced by key stake holders of the project including the Chairman and Co-Chairperson of Prime Group Brahmanage Premalal and Sandamini Perera, Chairman of MAGA Engineering Capt. M.G. Kularatne, Chairman of DG5 Suranjith De Silva, Managing Director of CSEC Shiromal Fernando, Managing Director of VForm Consultants Lalith Rathnayake and other key individuals. Prime Grand boasting 37 stories rising 160 meters into the sky is the first and only high rise in the prestigious Colombo 07, host to Sri Lanka’s longest elevated infinity pool.

“Celebrating the topping off of Colombo 07’s tallest skyscraper signaled that we are in the forefront of driving the Sri Lankan real estate industry towards new heights that leverages on high end luxury.” said Brahmanage Premalal, Chairman of the group.

“Prime Grand will be in a class of its own bearing the country’s most prestigious address, with the finest finishes and luxury amenities. As the first and only high-rise in Colombo 07, our residencies are specially designed for utmost privacy and will have uninterrupted views over the city. Therefore I am positive that this project would be one of those key construction projects that would flourish with the influx of post COVID-19 investments, in the new Sri Lanka we are building. The interest for this development had not decreased despite the COVID-19 pandemic and we have continued to receive positive inquiries about the project throughout”.

Prime group along with the construction giant MAGA Engineering has ensured all preventative health measures are followed through and safety of all the stakeholders on site and off site is well maintained.

Prime Grand’s resumed construction is evidence to the Group’s ability to comply with the needs of the economy at its moments of need. Now more than ever there is a need for local companies to come forward to ascertain the local economic boom, the real estate industry has the potential of becoming a key denominator in foreign currency influx as well as strengthening local trade.

“We are also proud to be the first and only real estate company to receive an A- (Stable) credit rating, for the first time in the history of Sri Lanka’s real estate sector. The rating provides transparency towards our financial stability, assuring our clients a safe haven for their valued investments with us” added Brahmanage Premalal.

Prime Group, which built its foot print in the real estate industry as a fully Sri Lankan brand, celebrates its 25^th anniversary this year as the first and only developer to obtain an exclusive credit rating A- (Stable) from ICRA Lanka, a group company of Moody’s Investors service. The rating solidifies Prime’s ability to stand strong and firm in their financial strength and credibility against the upheavals of the COVID-19 crisis and cater to the local real estate market ever so strongly, while securing investments of their patrons.

The Group has initiated dialogues which would bring back investments of Sri Lankan expatriates in to the country, through investing into a valuable property such as Prime Grand, and even the bank and financial sector have already offered favorable interest rates, which inadvertently has the potential of attracting a high demand for interested buyers to invest in a property that would continue to have upscale property value, in the foreseeable future.

Prime Group itself is renowned for its market presence for twenty-five years catering to all segments in real estate. Throughout its journey, the group has developed over 4000 land & housing projects and completed 36 projects out of its 43 condominium portfolio. The company has continuously proven its ability to sustain despite formidable economic and social chaos in the past. At present the group’s real estate projects span across 17 districts in Sri Lanka and has won numerous accolades for its expertise in the real estate sector as one of ‘Asia’s Top 100 brands’ & winning the Best Developer in Sri Lanka title for the past 2 years by Asia Property Guru Awards. As such, the Group has the experience, expertise and financial stability that can stand the strains and challenges inflicted by the pandemic.

Prime Grand unveils 37th floor of Colombo’s most prestigious residencies

Prime Grand, Ward Place Construction Back in action – Celebrates Topping off