greenade malabe Malabe
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greenade malabe pantry Malabe
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Greenade Malabe

By Prime Group
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Malabe

TOTAL UNITS

1 Floors, 12 Units

UNIT SIZE

1,470 - 1,913 sqft

PROJECT STATUS

Ongoing

PRICE RANGE

LKR 41m - 55m

Owning a beautiful house in a pleasant environment is a dream for many but the ordeal of choosing the right design and architect, scouting for a good location, planning the construction, and arranging the funds are obstacles that act like thorns in the path to unlocking your front door. But with a reputed developer on your side, this hassle turns into a positive experience. Just like how Prime Residencies has been doing for hundreds of homeowners, it is ready to help you enjoy the same with its housing initiative at Malabe.


Greendale Malabe is a picturesque residential scheme surrounded by green fields, inlaid with fascinating two-storey homes. There are six different home types to choose from. Type A consists of 1,686 sq ft and includes three bedrooms and three bathrooms, a maid’s toilet, living, dining, and pantry, as well as a lobby area on the first floor. It comes with a car park, ample balcony space, and a verandah. With similar but more spacious features, type B is a 1,913 sq ft house with a larger terrace. Type C offers 1,752 sq ft and type D offers 1,883 sq ft. Likewise, type E covers 1,894 sq ft and type F covers 1,577 sq ft.

The common facilities include a swimming pool with sunbeds, overlooking greenery, creating a zen-like atmosphere with idyllic settings. With a fitness centre and generous outdoor space for jogging, cycling, and walking, maintaining a fit lifestyle is easy. The kiddies' pool and clubhouse are also ideal avenues to connect with other residents.

Malabe’s proximity to Colombo and its glowing reputation as an expanding IT hub add several layers of value to residents here. Growing infrastructure, appreciating land value, and the array of modern conveniences make buying a home in this suburban area a lucrative choice.
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Amenities

Swimming Pool
Parking Space
Waste Disposal
Air Conditioning
Gymnasium
Fire Detection & Safety
Kids Play Area
CCTV Security
Gated Security
Clubhouse
Kids’ Pool

Highlights

Only 30 minutes from Colombo
6 different housing types to choose from
Easy payment scheme with 70% payable in 24 equal interest-free installments
Nestled amidst lush greenery
Location reputed as a growing hub for education, tech, and real estate

Explore Neighbourhood - Map View

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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?

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

Increasing traffic congestion, especially during peak hours, needs addressing through improved traffic management.
Public 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

Prime Group
TOTAL PROJECTS
75
YEARS OF EXPERIENCE
29

Founded over 29 years ago, Prime Lands (Pvt) Ltd has been committed to creating a better place on Earth. From humble beginnings with just four employees, Prime Group swiftly ascended to prominence in Sri Lanka's real estate sector. Covering 18 districts and serving over 300,000 satisfied clients, Prime Lands has become synonymous with excellence.

Aspiring homeowners trust Prime Lands to fulfill their dreams, offering a diverse selection of premium land options and comprehensive support services. With over 6,000 land projects, 30 housing projects, and around 45 apartment projects, Prime Lands consistently delivers high-quality, value-added solutions, earning recognition as an award-winning developer.

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Property Price Trends in Malabe for

Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 24,350.83 sqft
Past 12 months' growth
-3.44%
Negative Trend
Past 3 months' growth
-4.53%
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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