Southbeach Weligama, a new apartment complex coming up on Sri Lanka’s west coast town of Weligama, had completed its first phase of construction, the completion of the raft foundation, ahead of schedule.
Within eight months since its launch, nearly 50 per cent of the apartments have already been sold, the company said in a media release.
Completion of the raft foundation also denotes that architect Balmond Studio is poised to complete the 106 apartment complex on schedule in December 2024. The complex offers exceptional value at a starting price of US$180,000. It currently has 40 per cent foreign and 60 per cent local purchasers.
SouthBeach Weligama is designed by internationally acclaimed design trailblazer Balmond Studio led by Sri Lankan born Cecil Balmond OBE, the world's leading thinker on form and structure. His son John leads the Southbeach Weligama project.
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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