6 Super Luxury Skyscrapers coming up in Colombo

[Gibbs]

How about a good investment opportunity guys ? @Nilgiri @anant_s @waz @AndrewJin @Shotgunner51 @Armstrong @

6 Super Luxury Skyscrapers coming up in Colombo

Apartment living is definitely the wave of the future in Sri Lanka and to meet this demand property developers are going above and beyond to construct apartment complexes that offer every possible convenience and luxury.


Over the next five years these top 6 sky scraper apartment buildings among others will open in central Colombo and its suburbs, offering Sri Lankans smart investment opportunities, exquisite living spaces and much more.

06. Astoria - Down Duplication Road, opposite Mahanama College

Estimated completion date : End of 2017
Price range : 57 million upwards
Floors : 40
Contact : +94 11 237 2757
www.astoria.lk


05. Altair - Sir James Peiris Mawatha, Colombo 2 (next to Nawaloka Hospitals)

Estimated completion date : December 2017
Price range : 64Million upwards
Floors : 68 (straight) 63 (sloping)
Contact : 0117 466 550
www.altair.lk

04. The Elements by Fairway - Rajagiriya

Estimated completion date : June 2018
Price range : 35 – 75Mn
Floors : 40
Contact : 0117 586 586
www.theelements.lk

03. Achilleion - Station Road, Colombo 4 (next to Majestic City)

7 star luxury apartments
Estimated completion date : Construction begins January 2017. Completion in 2020
Price range : 36Mn upwards
Floors : 52
Contact : 071 426 0260
achilleion.lk

02. Clear Point Residencies - Rajagiriya

Estimated completion date : March 2017
Price range : 43Million to 48Million
Floors : 46
Contact : +94 772 150 150
www.clearpointresidencies.com


01. Cinnamon Life - Slave Island

Estimated completion date : End of 2019
Price range : Starting from US$ 374,145 + Taxes
Floors : Residence Tower (45 Storey’s) - Suites Tower (39 Storey’s)
Contact : +94-112-152152 / Email: [email protected]
www.cinnamonlife.com

- See more at: http://life.dailymirror.lk/hsbclife...ers-coming-up-in-Colombo#sthash.2copDOe5.dpuf

 

[AndrewJin]

How about a good investment opportunity guys ? @Nilgiri @anant_s @waz @AndrewJin @Shotgunner51 @Armstrong @

6 Super Luxury Skyscrapers coming up in Colombo

Apartment living is definitely the wave of the future in Sri Lanka and to meet this demand property developers are going above and beyond to construct apartment complexes that offer every possible convenience and luxury.


Over the next five years these top 6 sky scraper apartment buildings among others will open in central Colombo and its suburbs, offering Sri Lankans smart investment opportunities, exquisite living spaces and much more.

06. Astoria - Down Duplication Road, opposite Mahanama College

Estimated completion date : End of 2017
Price range : 57 million upwards
Floors : 40
Contact : +94 11 237 2757
www.astoria.lk


05. Altair - Sir James Peiris Mawatha, Colombo 2 (next to Nawaloka Hospitals)

Estimated completion date : December 2017
Price range : 64Million upwards
Floors : 68 (straight) 63 (sloping)
Contact : 0117 466 550
www.altair.lk

04. The Elements by Fairway - Rajagiriya

Estimated completion date : June 2018
Price range : 35 – 75Mn
Floors : 40
Contact : 0117 586 586
www.theelements.lk

03. Achilleion - Station Road, Colombo 4 (next to Majestic City)

7 star luxury apartments
Estimated completion date : Construction begins January 2017. Completion in 2020
Price range : 36Mn upwards
Floors : 52
Contact : 071 426 0260
achilleion.lk

02. Clear Point Residencies - Rajagiriya

Estimated completion date : March 2017
Price range : 43Million to 48Million
Floors : 46
Contact : +94 772 150 150
www.clearpointresidencies.com


01. Cinnamon Life - Slave Island

Estimated completion date : End of 2019
Price range : Starting from US$ 374,145 + Taxes
Floors : Residence Tower (45 Storey’s) - Suites Tower (39 Storey’s)
Contact : +94-112-152152 / Email: [email protected]
www.cinnamonlife.com

- See more at: http://life.dailymirror.lk/hsbclife...ers-coming-up-in-Colombo#sthash.2copDOe5.dpuf

It looks amazing!
But a little pricey dude!
Have a look at the free housing project for the "slum dwellers" in Western China!
No beach though...

The rebirth of Guiyang's urban slum

 

[anant_s]

Looks luxurious

Starting from US$ 374,145 + Taxes

That's a bit too rich for me

 

[Gibbs]

It looks amazing!
But a little pricey dude!
Have a look at the free housing project for the "slum dwellers" in Western China!
No beach though...

The rebirth of Guiyang's urban slum

6 of many others, I reckon from what i hear there are over 12 or more super luxury apartments are coming up in Colombo, It's suburbs and in Kandy and Galle, I'm no expert in real estate but is this kind of a property bubble ? Land and property prices in greater Colombo are just preposterous

This is the One Colombo Shangri La project -3 50+ floor towers

What it's going to look like

Looks luxurious


That's a bit too rich for me

Ultra luxury.. The Achilleion - Station Road is going to be 7 star rated.. I/m not quite sure who has invested but most of the apartments are said to be pre bought

Could be overseas black money, I mean given the option why invest in Sri Lanka when there are way more prospective locations

 

[AndrewJin]

6 of many others, I reckon from what i hear there are over 12 or more super luxury apartments are coming up in Colombo, It's suburbs and in Kandy and Galle, I'm no expert in real estate but is this kind of a property bubble ? Land and property prices in greater Colombo are just preposterous

This is the One Colombo Shangri La project -3 50+ floor towers

What it's going to look like

Ultra luxury.. The Achilleion - Station Road is going to be 7 star rated.. I/m not quite sure who has invested but most of the apartments are said to be pre bought

Could be overseas black money, I mean given the option why invest in Sri Lanka when there are way more prospective locations

We provide free to those who lost their original housing in my city......
And let rich to buy the expensive ones

Check it out
Wuhan's public housing project on the original rubbish field and slum

Ultra luxury.. The Achilleion - Station Road is going to be 7 star rated.. I/m not quite sure who has invested but most of the apartments are said to be pre bought

Could be overseas black money, I mean given the option why invest in Sri Lanka when there are way more prospective locations

Let overseas compatriots make some contribution......
In 2008 Beijing Olympics, overseas Chinese donated the national swimming stadium, the Water Cube.

 

[Khanate]

Good stuff @Gibbs

This is the One Colombo Shangri La project -3 50+ floor towers

P.s. The inspiration for the mythical valley of Shangri-la in James Hilton's 1933 novel Lost Horizon comes Hunza Valley.

 

[waz]

How about a good investment opportunity guys ? @Nilgiri @anant_s @waz @AndrewJin @Shotgunner51 @Armstrong @

6 Super Luxury Skyscrapers coming up in Colombo

Apartment living is definitely the wave of the future in Sri Lanka and to meet this demand property developers are going above and beyond to construct apartment complexes that offer every possible convenience and luxury.


Over the next five years these top 6 sky scraper apartment buildings among others will open in central Colombo and its suburbs, offering Sri Lankans smart investment opportunities, exquisite living spaces and much more.

06. Astoria - Down Duplication Road, opposite Mahanama College

Estimated completion date : End of 2017
Price range : 57 million upwards
Floors : 40
Contact : +94 11 237 2757
www.astoria.lk


05. Altair - Sir James Peiris Mawatha, Colombo 2 (next to Nawaloka Hospitals)

Estimated completion date : December 2017
Price range : 64Million upwards
Floors : 68 (straight) 63 (sloping)
Contact : 0117 466 550
www.altair.lk

04. The Elements by Fairway - Rajagiriya

Estimated completion date : June 2018
Price range : 35 – 75Mn
Floors : 40
Contact : 0117 586 586
www.theelements.lk

03. Achilleion - Station Road, Colombo 4 (next to Majestic City)

7 star luxury apartments
Estimated completion date : Construction begins January 2017. Completion in 2020
Price range : 36Mn upwards
Floors : 52
Contact : 071 426 0260
achilleion.lk

02. Clear Point Residencies - Rajagiriya

Estimated completion date : March 2017
Price range : 43Million to 48Million
Floors : 46
Contact : +94 772 150 150
www.clearpointresidencies.com


01. Cinnamon Life - Slave Island

Estimated completion date : End of 2019
Price range : Starting from US$ 374,145 + Taxes
Floors : Residence Tower (45 Storey’s) - Suites Tower (39 Storey’s)
Contact : +94-112-152152 / Email: [email protected]
www.cinnamonlife.com

- See more at: http://life.dailymirror.lk/hsbclife...ers-coming-up-in-Colombo#sthash.2copDOe5.dpuf

Nice and classy Sri-Lanka, loving it.

 

[Aung Zaya]

How about a good investment opportunity guys ? @Nilgiri @anant_s @waz @AndrewJin @Shotgunner51 @Armstrong @

6 Super Luxury Skyscrapers coming up in Colombo

Apartment living is definitely the wave of the future in Sri Lanka and to meet this demand property developers are going above and beyond to construct apartment complexes that offer every possible convenience and luxury.


Over the next five years these top 6 sky scraper apartment buildings among others will open in central Colombo and its suburbs, offering Sri Lankans smart investment opportunities, exquisite living spaces and much more.


06. Astoria - Down Duplication Road, opposite Mahanama College

Estimated completion date : End of 2017
Price range : 57 million upwards
Floors : 40
Contact : +94 11 237 2757
www.astoria.lk


05. Altair - Sir James Peiris Mawatha, Colombo 2 (next to Nawaloka Hospitals)

Estimated completion date : December 2017
Price range : 64Million upwards
Floors : 68 (straight) 63 (sloping)
Contact : 0117 466 550
www.altair.lk

04. The Elements by Fairway - Rajagiriya

Estimated completion date : June 2018
Price range : 35 – 75Mn
Floors : 40
Contact : 0117 586 586
www.theelements.lk

03. Achilleion - Station Road, Colombo 4 (next to Majestic City)

7 star luxury apartments
Estimated completion date : Construction begins January 2017. Completion in 2020
Price range : 36Mn upwards
Floors : 52
Contact : 071 426 0260
achilleion.lk

02. Clear Point Residencies - Rajagiriya

Estimated completion date : March 2017
Price range : 43Million to 48Million
Floors : 46
Contact : +94 772 150 150
www.clearpointresidencies.com


01. Cinnamon Life - Slave Island

Estimated completion date : End of 2019
Price range : Starting from US$ 374,145 + Taxes
Floors : Residence Tower (45 Storey’s) - Suites Tower (39 Storey’s)
Contact : +94-112-152152 / Email: [email protected]
www.cinnamonlife.com

- See more at: http://life.dailymirror.lk/hsbclife...ers-coming-up-in-Colombo#sthash.2copDOe5.dpuf

Woow.. so nice.. bro..

 

[alaungphaya]

6 of many others, I reckon from what i hear there are over 12 or more super luxury apartments are coming up in Colombo, It's suburbs and in Kandy and Galle, I'm no expert in real estate but is this kind of a property bubble ? Land and property prices in greater Colombo are just preposterous

This is the One Colombo Shangri La project -3 50+ floor towers

What it's going to look like

Ultra luxury.. The Achilleion - Station Road is going to be 7 star rated.. I/m not quite sure who has invested but most of the apartments are said to be pre bought

Could be overseas black money, I mean given the option why invest in Sri Lanka when there are way more prospective locations

Yep. It's a bubble. It's also black money. I remember when property prices per square foot average jumped ahead of Manhattan briefly in Yangon. It's stabled out a bit but still above most Western cities. Still waiting for that bubble to pop.

Over here it's being driven by speculation and money laundering of drug money. Does Sri Lanka have a sizeable shadow economy?

 

[Gibbs]

Over here it's being driven by speculation and money laundering of drug money. Does Sri Lanka have a sizeable shadow economy?

Well i was just speculating as well, Maybe this is natural for a post war economy, I wont say there is a shadow economy per se but during the last regime a lot of people made a lot of ill gotten money.. The Rajapaksa's themselves are naturalized American citizens with dual nationality so they have billions of siphoned off money in off shore accounts.. And ofcause the Tamil Diaspora who have made it in the West especially Canada and in Europe, Since the LTTE is over they have no terror machinery to invest on..

P.s. The inspiration for the mythical valley of Shangri-la in James Hilton's 1933 novel Lost Horizon comes Hunza Valley

Oh yes , I have heard and seen pics of that stunning part of the world, This Shangri La though is the famous hotel chain..

http://www.shangri-la.com/?utm_sour...mpaign=Shangri-La+Brand+Exact+Terms&WT.srch=1

 

[Gibbs]

Good to see sky colour will also change after completion. No doubt skyscrapers are looking good in picture colours.

Lol.. True but generally Colombo air quality is a bit better than most of the sub continental cities, Probably because there is more greenery and the the sea front

Let overseas compatriots make some contribution......
In 2008 Beijing Olympics, overseas Chinese donated the national swimming stadium, the Water Cube.

Thats pretty awesome..

 

[Shotgunner51]

01. Cinnamon Life - Slave Island

Estimated completion date : End of 2019
Price range : Starting from US$ 374,145 + Taxes
Floors : Residence Tower (45 Storey’s) - Suites Tower (39 Storey’s)
Contact : +94-112-152152 / Email: [email protected]
www.cinnamonlife.com

The price range sounds very attractive! What is the unit price, say per sq.mt?
I love luxury skyscrapers, must check it out when I visit SL.

 

[Godman]

The price range sounds very attractive! What is the unit price, say per sq.mt?
I love luxury skyscrapers, must check it out when I visit SL

Well some such as the Astoria(The one on the top of the list) wpuld be easier for Chinese to buy as it is done by AVIC

In the The 2016 Beijing International Property and Investment Expo

6 of many others, I reckon from what i hear there are over 12 or more super luxury apartments are coming up in Colombo, It's suburbs and in Kandy and Galle, I'm no expert in real estate but is this kind of a property bubble ? Land and property prices in greater Colombo are just preposterous

Its mostly due to the lack of proper land utilization and bad urban planning. Hope the megapolis project solves those instead of increasing the land value even more with those rail and elevated expressways.

Well i was just speculating as well, Maybe this is natural for a post war economy, I wont say there is a shadow economy per se but during the last regime a lot of people made a lot of ill gotten money.. The Rajapaksa's themselves are naturalized American citizens with dual nationality so they have billions of siphoned off money in off shore accounts.. And ofcause the Tamil Diaspora who have made it in the West especially Canada and in Europe, Since the LTTE is over they have no terror machinery to invest on..

Black money is a possibility but I here most of the aprtments are being bought by foriegners.
Rajapaksa family used their companies like CSN for money laundering

We provide free to those who lost their original housing in my city......
And let rich to buy the expensive ones

Check it out
Wuhan's public housing project on the original rubbish field and slum

We have low income housing but it is not free but given for a low rent but there have been issues with those built in the past few years like Low quality and possible corruption. Low income housing projects initiated by in the 80s still exist with simple renovations they look good as new

The government works with the Private sector to develop middle income housing projects like these

The extremely poor rural population gets these houses

 

[AndrewJin]

Well some such as the Astoria(The one on the top of the list) wpuld be easier for Chinese to buy as it is done by AVIC

In the The 2016 Beijing International Property and Investment Expo

Its mostly due to the lack of proper land utilization and bad urban planning. Hope the megapolis project solves those instead of increasing the land value even more with those rail and elevated expressways.


Black money is a possibility but I here most of the aprtments are being bought by foriegners.
Rajapaksa family used their companies like CSN for money laundering



We have low income housing but it is not free but given for a low rent but there have been issues with those built in the past few years like Low quality and possible corruption. Low income housing projects initiated by in the 80s still exist with simple renovations they look good as new

The government works with the Private sector to develop middle income housing projects like these

The extremely poor rural population gets these houses

Great projects

 

[Nilgiri]

@Gibbs

When they say like 50 million etc as price range....is that the total real estate value?