Prime Group, is adding to its award-winning and extensive portfolio of housing projects with Waterfall Residencies, a tranquil, nature-friendly residential complex located in the prolific, booming neighbourhood of 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, the company said in a media release.
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 will be launched to the market on June 27, and is set to be completed in 2022 with each unit priced upwards 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," said the General Manager, Ruminda Randeniya.
Each 10 perch plot of land will be home to a 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 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.
Residents of this gated community will have stringent 24-hour security with access to amenities, including an adult swimming pool and kiddies pool, poolside lounges, play areas, yoga deck, sunset deck looking over the Colombo Skyline, outdoor fitness center, a BBQ area as well as on-site concierge services.
Chandrika Kumaratunga Mawatha, Malabe – on which Waterfall Residencies is located is one of the most prolific, booming neighbourhoods also known as the IT Zone in Colombo, making land ownership here an invaluable asset in its own right. It affords residents close access to a 360-degree round of conveniences, including Neville Fernando Hospital, Millennium IT, the Horizon International School and Daycare Centre, Kothalawala and Weliwita highway entrances and the SLIIT Campus.
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