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Aster Residencies

By Maga Engineering
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Nugegoda

TOTAL UNITS

10 Floors, 50 Units

UNIT SIZE

800 - 1,250 sqft

LAUNCH DATE

February 2020

PROJECT STATUS

Ready

PRICE RANGE

LKR 28m - 33m

In the heart of the bustling suburb of Nugegoda, just 20 minutes from Colombo, the streets buzz with life. Shoppers weave through a vibrant mix of popular fashion outlets such as Cool Planet, Kelly Felder, Spa Ceylon, Fashion Bug, Nolimit, and Manjari. The area is a haven for coffee lovers, with cozy spots like Java Lounge, Barista, and Fab inviting visitors with their mouthwatering delicacies. It's a go-to shopping destination, complete with an array of textile stores and leading schools like Lyceum International, Royal International, and Anula Vidyalaya, drawing families to the area.


Amidst this lively activity, residential pockets offer a serene yet convenient lifestyle, with land values reflecting the suburb's high desirability. It’s a place where the convenience of urban life meets the charm of community living. Within this vibrant town, Aster Residencies has secured a tranquil space, offering a pleasant high-rise experience with its 50 units.

The units are available as two-bedroom and three-bedroom apartments, equipped with high-quality fittings from renowned international brands, providing a secure yet intimate home in one of Colombo’s most sought-after suburbs. Each apartment is fitted with Daikin air conditioning, Häfele kitchenware, Schneider electricals, and Siemens fire-detection systems, ensuring that every detail speaks of quality and care.

Residents also enjoy a range of amenities designed for upscale living. A rooftop swimming pool offers the perfect spot to relax under the stars, with the glittering cityscape as a backdrop. A kids’ pool, play area, and BBQ area provide a wholesome environment for families and communities to come together. The highlight of this development is that eighty percent of the units were sold out shortly after its launch, reflecting the combined appeal of its location, affordability, and the developer’s strong reputation among property buyers.
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Amenities

Swimming Pool
Waste Disposal
Gymnasium
Elevators
24/7 Security
Hot Water System
Kids Play Area
Kids’ Pool
Parking Space
Air Conditioning
Power Backup
View all 13 amenities
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Highlights

80% of the units sold out at launch
Desirable area teeming with everyday luxuries
Only 20 minutes to Colombo
High land value and rental income potential
Offers upscale living with high-end amenities

Explore Neighbourhood - Map View

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Nugegoda Area Guide

Nugegoda is a dynamic and densely urbanised suburb of Colombo, recognized for its commercial vibrancy and extensive urban development. It is a critical junction that blends the bustling energy of city life with the conveniences expected of a major urban centre. With its plethora of shopping malls, restaurants, and educational institutions, Nugegoda stands as a beacon of urban living, catering to a diverse range of needs and preferences. This suburb is a focal point for commerce, education, and residential life, making it an attractive destination for those seeking the pulse of city life coupled with the accessibility of suburban infrastructure.


The real estate landscape in Nugegoda is characterised by its variety and vitality, with an array of housing options that reflect its urban nature. From high-rise apartments to compact homes, the area caters to an eclectic urban population. Nugegoda's strategic importance is underscored by its robust network of roads and public transport options, ensuring seamless connectivity with the wider Colombo area and beyond. As one of the most urbanised suburbs, Nugegoda continues to evolve, embodying the spirit of modern urban living amid a touch of suburban charm in Sri Lanka.
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What’s great here?

Central location with excellent public transport connectivity via road and rail.
Proximity to key roads and expressways, reducing travel times to Colombo and other central areas.
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What needs attention?

Extreme traffic congestion during peak hours.
A need for further development of cultural and recreational facilities to enrich the social fabric.
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Nugegoda Neighbourhood Rating

4.5

out of 5

Developer

maga-engineering-logo
Maga Engineering
TOTAL PROJECTS
525
YEARS OF EXPERIENCE
40

Milroy Perera Associates and Maga Engineering have collaborated on the groundbreaking Clearpoint Residencies, the world’s tallest vertical garden. This 47-storey residential tower, celebrated for its innovative design, won the category for Best Managed Project in Construction/Infrastructure Development at the National Project Management Excellence Awards 2018.


Milroy Perera Associates, led by the esteemed architect Mr. Milroy Perera, brings over 40 years of international and local experience to the project. Maga Engineering, with over three decades of expertise and 500 multi-disciplinary projects, is renowned for its high-quality construction and infrastructure across South Asia. Together, they have delivered a pioneering green building solution.
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Property Price Trends in Nugegoda for

Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 30,436.37 per sqft
Past 12 months' growth
-0.14%
Negative Trend
Past 3 months' growth
-11.05%
Negative Trend
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Price information is based on historical data from ads posted on ikman and may not reflect the full market dynamics.
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