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Astoria Towers

By Aviation Industry Corporation of China
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Colombo 3

TOTAL UNITS

40 Floors, 502 Units

UNIT SIZE

1,084 - 6,283 sqft

LAUNCH DATE

December 2016

PROJECT STATUS

Ready

PRICE RANGE

LKR 75m - 200m

Nestled in the vibrant heart of Colombo 3, Astoria Colombo offers more than just luxury apartments – it's a gateway to a dynamic lifestyle. With a diverse range of living spaces, Astoria Colombo ensures that every resident finds their perfect sanctuary amidst the bustling cityscape.

Embrace the pulse of urban living with Astoria Colombo's prime location, offering immediate access to Colombo's eclectic offerings. From shopping malls and cinemas to supermarkets and pharmacies, every necessity is just a stone's throw away. Renowned schools, hospitals, and recreational spots are conveniently situated in the neighborhood, ensuring a well-rounded living experience for families and individuals alike.

Astoria Colombo isn't only about proximity – it's about securing a better, more fulfilling lifestyle without compromising on convenience. Experience the city's vibrant nightlife, with an array of restaurants, pubs, and entertainment venues dotting the vicinity. When you're ready to unwind, retreat to the tranquility of your apartment, where peace and comfort await in a serene, secure environment.

The allure of Astoria Colombo extends beyond its location – it's about creating a holistic living experience. With exclusive amenities such as a sprawling luxury club, commercial spaces featuring premium brands, and recreational facilities like swimming pools and private gardens, Astoria Colombo becomes a lucrative real estate investment.

Whether you want to stay active with jogging tracks and sports facilities, or seek inner peace through yoga and relaxation, Astoria Colombo caters to every whim. It's a place where modernity meets tranquility, and where every comfort is within reach. Discover a new standard of urban living at Astoria Colombo – where luxury, convenience, and comfort intersect to create a living experience like no other.

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Amenities

Waste Disposal
Gymnasium
Kids Play Area
Elevators
24/7 Security
Rooftop
Air Conditioning
Fire Detection & Safety
Power Backup
CCTV Security
Central Gas System
View all 16 amenities
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Highlights

tick iconCompetitively priced luxury apartments with premium amenities
tick iconA lucrative investment return rate of 6% with annual capital growth rate of 7%
tick iconPrime location nestled near all amenities for utmost convenience
tick iconConstructed with state-of-the-art and leading-edge technology
tick iconFirst construction project in Sri Lanka to utilise the hyped aluminium formwork

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Colombo 3 Area Guide

Colombo 3, known as Kollupitiya or Colpetty, is one of Colombo's most dynamic and upscale neighbourhoods, blending the charm of its colonial past with the vibrancy of modern urban living. This area serves as a microcosm of Colombo's evolution, showcasing an array of high-rise buildings, colonial-era architecture, bustling streets, and verdant spaces. Kollupitiya is a commercial powerhouse, housing an extensive range of businesses, luxury hotels, shopping malls, and gourmet dining options that cater to both the local and expatriate populations.


Spanning a relatively small geographical area, Kollupitiya stands out for its strategic location, bordered by the Indian Ocean on one side and Galle Road, one of Colombo's main thoroughfares, on the other. This unique positioning has made it a coveted spot for real estate, with a mix of residential options ranging from luxury apartments to traditional homes. The area's real estate market is vibrant, driven by high demand and a continuous influx of developments, making it an attractive investment opportunity.

Kollupitiya's blend of historical significance, cultural diversity, and economic vitality makes it a fascinating area to explore and live in. It embodies a fast-paced lifestyle while offering pockets of tranquillity through its seaside promenades and public parks, such as Viharamahadevi Park. The neighbourhood is a testament to Colombo's capacity to preserve its heritage while progressing towards a cosmopolitan future, making it an ideal location for those seeking the best of both worlds.
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What’s great here?

tick iconExceptional connectivity to other parts of the city via road and rail.
tick iconHome to a wide array of shopping, dining, and recreational facilities.
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What needs attention?

tick iconSignificant traffic congestion during peak hours, which can extend travel times and affect daily commutes.
tick iconA need for measures to control air and noise pollution, including stricter regulations on vehicle emissions and construction activities.
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Colombo 3 Neighbourhood Rating

4.6

out of 5

Developer

aviation-industry-corporation-of-china
Aviation Industry Corporation of China
TOTAL PROJECTS
15
YEARS OF EXPERIENCE
73

Astoria Colombo is developed by the Aviation Industry Corporation of China (AVIC), a state-owned mega corporation under the administration of the Government of China and one of its top ten largest corporations. Boasting almost 200 member companies and nearly 400,000 employees, AVIC has diversified into various sectors including defence, transport aircraft, and real estate development. Since its inception, AVIC has expanded globally, ranking consistently among the Fortune Top 500 Enterprises. Its subsidiary, AVIC INTERNATIONAL, operates in over 50 countries with projects spanning real estate, aviation, trade, and logistics.

Partnering with Design Group Five International (DG5) and China State Construction Engineering, leaders in architectural consultancy and contracting respectively, Astoria Colombo exemplifies AVIC's commitment to excellence and innovation in the global real estate market.

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Property Price Trends in Colombo 3 for

Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 55,846.92 sqft
Past 12 months' growth
11.84%
Positive Trend
Past 3 months' growth
4.26%
Positive 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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