Prime Residencies, the real leader in modern real estate and a subsidiary of Prime Group, announced the pre-launch of ‘The Prime Colombo’, a landmark residential construction positioned facing Baseline Road, Colombo 09. Grounded in the defining concept of a smarter way to own the city, ‘The Prime Colombo’ represents a new proposition for modern, urban living and investment; one that unites location, design, and long-term value in a single address.
‘The Prime Colombo’ places occupants within minutes of Colombo 07 and Colombo 08, two of the city’s most established and sought-after residential districts. Furthermore, the development offers immediate access to government and international schools such as Ananda College, Nalanda College, Wesley College, and Zahira College. In addition to eased access to business districts and highways, the proposition offers near-immediate access to hospitals, including General Hospital, Lady Ridgeway Hospital, National Dental Hospital, Asiri Central Hospital, shopping destinations, and the everyday conveniences that define well-connected urban life. Elevating daily living to new heights, ‘The Prime Colombo’ offers residents more time to indulge in what truly matters.
Rising thirty-nine residential floors as an exemplar of architectural precision, ‘The Prime Colombo’ has been designed to offer modern comfort, privacy, and thoughtfully considered living spaces that serve the contemporary needs of urban residents. Every dimension of the development, from its spatial planning and building configuration to its rooftop lifestyle offerings and parking provision, reflects Prime Lands Residencies PLC’s commitment to delivering a product that is as meticulously considered in its execution as it is compelling in its concept.
At ‘The Prime Colombo’s summit, the development introduces Sri Lanka’s highest rooftop outdoor gym and pickleball court, two singular rooftop experiences that will be unique in Colombo. Offering residents elevated wellness, panoramic city views, and a lifestyle destination from sunrise to sunset, ‘The Prime Colombo’ is positioned to redefine city views.
Two-bedroom and three-bedroom apartments are available from LKR 45 million, with fantastic 4-year interest-free payment plans for pre-launch prices. Construction is set to span four years, with completion estimated to arrive in October 2030.
For investors, the centrality of this address translates directly into strong rental demand, attractive long-term capital appreciation potential, and estimated rental yields upwards of over 6% +, underpinned by the sustained connectivity and the desirability of the Colombo 09 corridor.
These amenities are central to the vision of ‘The Prime Colombo’ as a development that places lifestyle at the same level of priority as design and location. Flexible payment plans have been tailored for both investors and homeowners, further reinforcing the accessibility of this opportunity while ensuring that the smarter way to own Colombo is also a uniquely practical one.
With 30 years of experience, a portfolio spanning over 70 gated community and apartment developments, more than 10,000 land development projects across Sri Lanka, and winning ‘Developer of the Year – Sri Lanka’ at the Real-Estate Asia Awards for the past consecutive years, Prime Group brings a track record of reliable delivery and a deep understanding of what discerning home buyers seek.
