The launch was held in Colombo yesterday evening (03).
Located at No. 144, Sri Vajiragnana Mw, Col. 09, Mulberry Residence, is set to transform simplicity into quality and sustainability, the company says.
Consisting of three towers, each over 15 floors, the ground to 2nd floors, consist of a connecting podium dedicated towards a reception and parking, along with 11 residential floors (3rd -13th floor) and a roof top entertainment space, boasting two swimming pools, a gymnasium and children’s play area (14th floor), is expected to be completed by the end of January 2018.
The apartments range from 1,000 – 1,600 sq.ft, with a mixture of 2-3 bedrooms.
The development of the apartment complex will be in collaboration with the Yanjian Group, one of the top 250 construction companies in the world who will take 24 months to complete.
The apartment building includes facilities such as 24-hour CCTV camera surveillance to all its entrances and the car park, a rooftop entertainment space and landscaped garden with a walkway that includes children’s play area and two separate rooftop swimming pools and gymnasiums, exclusively for males and females with much respect given towards privacy.
Many banks namely, Pan Asia Bank, Sampath Bank, Commercial Bank, Bank of Ceylon and HNB have already come on board to extend their support for loan facilities at very attractive interest rates and several other major banks are expected to come on board in the near future.
Speaking at the launch, Hardy Jamaldeen - Director of Steradian Capital said that that there is an oversupply in the luxury apartment segment in the country but less attention is given for developing products for the high-end middle class segment.
Noting that the project targets middle-income young professionals, Mr. Jamaldeen said, “Young couples who have a joint income of 200,000 per month can afford to buy this apartment.”
Noting that the apartments are designed with a meticulous eye towards space planning and detail, he added that clients can purchase 'a very well planned apartment.'
Director of Steradian Capital - Archie Warman launched the websites of Mulberry Residence -www.mulberryresidence.com and www.mulberryresidence.lk
(Pics : Roshan Chathuranga)
