MHDL kicks off Rs. 2 b Heights Colombo 5 high-rise project

Tuesday, 3 October 2017 00:00 - - {{hitsCtrl.values.hits}}

Millennium Housing Developers PLC (MHDL), Sri Lanka’s leading township developer, recently announced the commencement of its latest high-rise residential development project, Heights Colombo 5.

As a Rs. 2 billion project, Heights Colombo 05 will feature 64 luxury apartment units on 11 residential floors with four-storey parking facility.

An impressive variety of features including electric car charging facilities at individual parking bays, roof-top swimming pool, a jogging track and recreational areas, a state-of-the-art gymnasium, thoughtful design and contemporary finishes will offer residents unique apartment homes.

“We are extremely encouraged by the success of The Heights Edmonton, which was sold in just four weeks. Our critical success factors have been in the selection of location, quality of construction and on- time delivery,” said Harshith Dharmadasa, Chairman Millennium Housing Developers PLC.

The Heights Colombo 5 complex is strategically located within a short five-minute drive to Colombo 4, Colombo 7 and Colombo 8.

Commenting on the confidence placed in MHDL, Dharmadasa added: “This project too has received a resounding response as another attractive option for buyers. We are extremely pleased with the response from the market, as at the time of handing over to the contractor, almost 90% of the project is already sold out and re-sale values have also increased substantially.”