waterfall-residencies-malabe Malabe
waterfall-residencies-malabe-entrance Malabe
waterfall-residencies-malabe-pool Malabe
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Waterfall Residencies

By Prime Group
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Malabe

TOTAL UNITS

2 Floors, 50 Units

UNIT SIZE

1,550 - 1,707 sqft

LAUNCH DATE

June 2020

PROJECT STATUS

Ready

PRICE RANGE

LKR 55m - 70m

What if we told you that you could have your very own waterfall near your home without living in the mountains? The soothing sounds of cascading water are known for their healing and calming effects. Inspired by this, Prime Group’s Waterfall Residencies in Malabe features a 100-foot waterfall cascading into a crystal pond. This extraordinary feature highlights the nature-friendly concept of the property.

Located on Chandrika Kumarathunga Mawatha, Malabe, Waterfall Residencies consists of 50 two-storey houses with three bedrooms each, ranging from 1,550 sq ft to 1,707 sq ft. There are three types of floor plans to choose from, each with parking space for two vehicles, balconies, and verandahs with landscaped gardens. All homes are designed with Prime Group’s distinctive architectural and engineering features, utilizing materials and fittings of world-class standards. These homes are equipped with smart home technology, including safety detectors, light controls, and atmosphere controls, creating a cutting-edge living experience.

An array of amenities such as a swimming pool with a kids’ pool, an outdoor fitness center, a bicycle path, hiking trails, as well as a yoga deck and meditation garden, establish a holistic lifestyle here. A communal vegetable patch, onsite compost system, and solar-powered lighting for common areas reflect the property’s commitment to sustainability.

Malabe has gained a reputation as an IT hub in Sri Lanka with numerous IT companies and campuses opening up here. Millennium IT, SLIIT, and Horizon Campus are in the vicinity. It is only 200 meters from Neville Fernando Hospital and close to the Kothalawala and Waliwita highway entrances. With Colombo less than a 40-minute drive from Malabe and its land prices witnessing unprecedented growth, residents have much to gain from owning property in Malabe in the current context.

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Amenities

Swimming Pool
Waste Disposal
Gymnasium
24/7 Security
Hot Water System
Parking Space
Air Conditioning
Fire Detection & Safety
Power Backup
CCTV Security
Kids’ Pool
View all 13 amenities
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Highlights

Set on Chandrika Kumarathunga Mawatha, Malabe, near key highway entrances
Malabe's land prices have seen unprecedented growth, ensuring high returns on investment
Wellness centred lifestyle with numerous amenities
A unique feature of a 100-foot waterfall cascading into a crystal pond
A tranquil environment to live

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. 25,154.95 sqft
Past 12 months' growth
4.13%
Positive Trend
Past 3 months' growth
-0.65%
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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