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Crescendo Apartments

By The Urban Development Authority
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Malabe

TOTAL UNITS

27 Units

UNIT SIZE

700 - 900 sqft

LAUNCH DATE

August 2022

PROJECT STATUS

Ongoing

PRICE RANGE

LKR 19m - 25m

Having a place to call your own creates stability and a sense of accomplishment in today’s world. With the Urban Development Authority’s affordable housing projects, owning an apartment becomes a realistic dream for middle and upper-income earners alike. An exemplary residential project, Crescendo Apartments is a sleek high-rise against the Malabe skies. Featuring modern fixtures, lush greenery, ample car parking space, and elegantly designed units, this property is located only 14 km from Colombo. It offers two-bedroom and three-bedroom units.

A range of premier amenities are incorporated into the development, determined to provide the residents with the best. From the mini supermarket to the state-of-the-art gym and versatile community hall, every need is catered to. Yet, the property’s commitment to eco-friendliness is what sets it apart. With electric vehicle charging facilities, a proper rainwater harvesting system, and solar PV lighting up common areas, sustainability isn't just a choice—it's the ethos of Crescendo Apartments. And then, step inside, where high-quality finishes touch every corner, transforming interiors into spaces of refined elegance.

However, why should one consider buying a residential property in Malabe? This city offers a perfect blend of urban convenience and suburban tranquillity, making it an ideal place to live. Located just a short drive from Colombo, Malabe provides excellent connectivity via the Outer Circular Expressway, ensuring smooth commutes to major cities.

Furthermore, the area is home to leading educational institutions such as the Sri Lanka Institute of Information Technology (SLIIT) and numerous international schools, catering to families with kids. Residents can also enjoy a range of amenities including modern shopping centres, healthcare facilities, and popular dining options. With its serene environment, rising property values, and proximity to IT and business hubs, Malabe presents a valuable and attractive residential opportunity. With its favourable pricing and payment structures, and its high-quality amenities, Crescendo Apartments is a sought-after choice in Malabe.

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Amenities

Waste Disposal
Elevators
24/7 Security
Hot Water System
Banquet Hall
Supermarket
Parking Space
Power Backup
CCTV Security
Fire Detection & Safety

Highlights

tick iconProminent suburb only 30 minutes from Colombo
tick iconRepayment period up to 25 years with housing loan options in place
tick iconDeveloped by the Urban Development Authority
tick iconEco-friendly amenities promote sustainability
tick iconLuxury living with modern fixtures and elegant designs

Explore Neighbourhood - Map View

Malabe Area Guide

Malabe, a rapidly growing suburb of Colombo, Sri Lanka, is a compelling blend of modernity and traditional charm. Nestled approximately 10 km away from the heart of Colombo, it has evolved from a quiet village into a bustling hub of education, technology, and real estate development. Covering an area of approximately 23 sq km, Malabe is home to a diverse population of over 30,000 residents. This transformation has been propelled by the suburb's strategic location, offering easy access to Colombo via the New Kandy Road, and its emergence as a centre for higher education and IT industries.


The landscape of Malabe is characterised by a mix of residential areas, educational institutions, and burgeoning commercial zones. The area has seen a significant influx of residential developments, from affordable housing to luxury villas and apartment complexes, catering to a wide range of preferences and budgets. The greenery that dots the suburb provides a refreshing counterpoint to its urban development, making it an attractive location for families and professionals alike. With its blend of convenience, connectivity, and community, Malabe stands as a testament to Sri Lanka's urban evolution, offering a balanced lifestyle between the hustle of city life and the tranquillity of suburban living.
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What’s great here?

tick iconExcellent road links to Colombo and other parts of the island.
tick iconAvailability of multiple bus routes, enhancing public transport options.
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What needs attention?

tick iconIncreasing traffic congestion, especially during peak hours, needs addressing through improved traffic management.
tick iconPublic transport services can be more frequent, particularly in the evenings and weekends.
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Malabe Neighbourhood Rating

4.3

out of 5

Developer

the-urban-development-authority-logo
The Urban Development Authority
TOTAL PROJECTS
6
YEARS OF EXPERIENCE
46

The Urban Development Authority (UDA), established under Law No. 41 of 1978, is pivotal in advancing integrated planning and development in Sri Lanka's urban areas. Addressing the growing middle-class housing demand, particularly in urban areas dominated by the private sector, the UDA provides affordable housing solutions, making homeownership more accessible.

Additionally, the UDA focuses on creating vibrant, sustainable communities and upgrading infrastructure, ensuring that cities evolve into livable spaces that meet the needs of all residents. By leveraging modern technology and strategic approaches, the UDA enhances urban living and supports the nation’s growth.

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Property Price Trends in Malabe for

Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 25,472.3 sqft
Past 12 months' growth
-1.6%
Negative Trend
Past 3 months' growth
-3.78%
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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