suncity apartments Malabe

Suncity Apartments

By Suncity Developers
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Malabe

TOTAL UNITS

32 Units

UNIT SIZE

913 - 1,600 sqft

PROJECT STATUS

Ongoing

PRICE RANGE

LKR 26.9m - 34.9m

Conveniently located just 30 minutes from Colombo, and a mere 10 km from its bustling centre, Suncity Apartments offer the best of both worlds. While situated in a serene environment abundant with greenery, Malabe is quickly emerging as a core hub for IT and higher education in the Greater Colombo area.


Positioned along Athurugiriya Road, these towers present a range of two and three-bedroom apartments, spanning from 913 sq ft to 1600 sq ft. Standing proudly on four stories, the complex offers urban vistas that captivate the eye.

Each apartment boasts a unique style, adorned with modern fittings and tiled flooring, ensuring both elegance and comfort. A communal garden space invites residents to indulge in the tranquillity of nature, offering a serene retreat amidst the urban hustle. Residents can also enjoy a host of amenities including a swimming pool, gym, and rooftop garden, enhancing the overall living experience.

Yet the main question remains – is it wise to invest in a home away from Colombo? Even a basic level of research is likely to provide a profound YES for an answer. Malabe has emerged as a premier residential suburb in the Greater Colombo area, witnessing exponential growth over the past decade. With its strategic location, proximity to key financial and administrative hubs, and improved infrastructure, Malabe offers a lucrative investment opportunity.

Amidst the upscale residential boom of Sri Jayewardenepura Kotte, Malabe fosters a strong sense of community within its modern apartments. Residents enjoy easy access to essential amenities, including shopping centres, supermarkets, restaurants, and recreational facilities. Meanwhile, the construction of highways such as the Southern Highway and the Outer Circular Highway has improved connectivity, making Malabe a preferred choice for motorists. Combined, these factors position Suncity Apartments as a lucrative deal.
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Amenities

Swimming Pool
Waste Disposal
Air Conditioning
Gymnasium
Fire Detection & Safety
Parking Space
Elevators
CCTV Security
Gated Security
Power Backup
Restaurant
View all 12 amenities
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Highlights

Lucrative investment opportunity in a city with rising land value
Provides a healthier and more serene environment for a better quality of life
Only 10 km from Colombo with easy access to other prominent cities and suburbs
A range of amenities within close proximity
Located in a growing hub for IT and higher education with rising employment opportunities

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

suncity developers
Suncity Developers
TOTAL PROJECTS
30
YEARS OF EXPERIENCE
30

With over 30 years of experience, Suncity Developers has built a name for itself within the real estate market for crafting properties that redefine modern living. Committed to exceeding expectations, they provide personalised service and deliver value for every investment. Their proven track record includes luxury apartment complexes such as Rosmead Towers, McCarthy Towers, and Horton Regency. Suncity's dedication to meeting customer requirements while adapting to new trends ensures unparalleled satisfaction.


The creative architectural vision behind this project comes from Bandusena Associates, a firm with nearly 40 years of experience and a portfolio boasting over 5000 structures island-wide. With Suncity Developers and Bandusena Associates at the helm, residents can trust in the quality and innovation of their homes in Suncity Apartments.
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Property Price Trends in Malabe for

Buy
Rent
Bedrooms:
Average Price (Last 12 months)
Rs. 25,068.58 per sqft
Past 12 months' growth
-6.67%
Negative Trend
Past 3 months' growth
-5.67%
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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