FT
Tuesday Nov 05, 2024
Monday, 25 November 2019 00:36 - - {{hitsCtrl.values.hits}}
Standing from left: Prime Residencies Managing Director Manjula Weerakkody and Prime Group Chairman Brahmanage Premalal upon receiving the award for the Best Luxury Condo Development – Prime Grand, Ward Place, Colombo 07 by Prime Group
Prime Grand, Ward Place, the luxury flagship project of Prime Group has been acclaimed for its quintessential opulence at the 3rd Asia Property Awards as the Best Luxury Condominium Development in Sri Lanka, at the gala ceremony held on 22 November at Athenee Hotel, Bangkok.
Over 500 guests and VIPs from real estate markets around Asia Pacific attended the Grand Final, which was a collocated event of the two-day PropertyGuru Asia Real Estate Summit.
Located in the most sought after real estate in Colombo 7, Prime Grand, No. 64, Ward Place, is set to become the most prestigious icon of the coveted neighbourhood. The only high rise in Colombo 7, Prime Grand will be ready for occupancy by December 2021. Constructed by the Sri Lankan construction giant, MAGA Engineering, Prime Grand is currently three months ahead of schedule with the ongoing construction of the 31st floor.
Whilst Prime Grand is awarded as the Best Luxury Condo Development in Sri Lanka, its developer Prime Group gained multiple wins at different categories at the PropertyGuru Asia Property Awards 2019. Prime Group clinched the most coveted trophy, the ‘Best Developer in Sri Lanka’ for the second consecutive year. In addition, Prime Group’s gated housing project, ‘Prime Urban Art’ was awarded the best Housing Development in Sri Lanka along with a Special Recognition award on the Group’s CSR initiatives.
Presented by the global brand Kohler, the 2019 PropertyGuru Asia Property Awards felicitates the finest developers of Asia annually. This year marks the 3rd PropertyGuru Asia Property Awards since the Sri Lankan regional awards initiated. The winners of ‘Best Developer’ regional categories represented their countries at the culminating event ‘PropertyGuru Asia Property Awards 2019’ held in Bangkok.
The awards program which has been established since 2005 is supervised by BDO, one of the world’s largest auditing and accountancy firms, through a professionally run judging system. The potential winners are evaluated based on a range of criteria including reputation, quality of projects (value for money), the sales success, innovation in construction, major accolades and achievements of the past and certifications. Thus, PropertyGuru Asia Property Awards is acclaimed as one of the most respected and most sought-after real estate industry honours amongst the industry professionals.
Speaking on the accolade, Prime Group Chairman Brahamanage Premalal stated: “As one of the leading property developers in Sri Lanka, we are extremely proud and humbled by the recognition, which stands in accreditation to the standards we uphold, being an accountable and sustainable group of companies in Sri Lanka. We strongly believe Prime Grand could be highlighted as a pivotal icon of the local real estate arena. The value of Prime Grand undoubtedly lies with the exclusive locale of Ward Place, Colombo 7 and is embellished by the amenities provided which includes being home to Sri Lanka’s longest elevated infinity pool. Prime Grand is an exceptional unique development, which provides a very rare opportunity for purchasers to own an exquisite slice of Ward Place, Colombo 07. We eagerly await its completion in December 2021.”
The future residents of Prime Grand will be living in the midst of utmost sophistication, surrounded by the uninterrupted views over the Colombo skyline, where interiors of the residencies have been designed by the Singaporean firm IIDA International, led by the award winning Interior Designer Benteo Gineva.
The residents will enjoy tranquillity and utmost privacy due to the architectural genius of The Design Group Five International while the sustainability of the high-rise has been attended through the experienced structural engineers at CSE.
Prime Grand includes a tailored collection of simplex and duplex spacious residencies complemented by four stories of double height car parking, and three levels of curated indoor and outdoor services and amenities, ensuring each residence receives a minimum of two car parking spaces and the residents are never wanting for space when spending time to relax and unwind with over 40,000 square feet dedicated to leisure and recreation.
With over 24 years of expertise, Prime Group is a truly Sri Lankan company crowned the Best Developer in Sri Lanka by Property Guru Asia 2019 consecutively for the second year. Prime Group was also selected as the most respected entities in Sri Lanka in 2019 by LMD and chosen as a Great Place to Work for the past five years consecutively. Prime Group stands strong with an undeniable dedication towards excellence and looks forward to bringing a new tradition in Ward Place by December 2021 with the completion of Prime Grand.