The Flemington Rajagiriya Apartments says poised to be investment goldmine

Sri Lanka’s first Australian inspired condominium, The Flemington, Rajagiriya records 60% of apartments sold, following the start of construction in November 2016. 

The Rajagiriya condominium project by EliSh Development, marketed to the local market, has seen 70% of apartments sold to Sri Lankans residing locally and 30% to Sri Lankan expatriates.

EliSh Development Managing Director Shamitha Ganegoda commenting on the project said, “The Flemington was born out of the vision of sharing global living experiences, where in which, each condominium has been designed to encapsulate everything you would need in terms of comfort, convenience and style.”

With construction successfully underway and ahead of schedule, under the purview of Engineering Consultants, Dayananda Associates and NK Construction, The Flemington has become a rare story of sale-success.

Ganegoda added, “Rajagiriya has been widely speculated to soon become a goldmine in terms of real estate investment return and potential capital gains, due to the flyover (under construction), planned shopping mall and its proximity to Colombo city.”

Scheduled to be completed by August next year (2018), The Flemington is poised to be the only condominium located in Rajagiriya to strike a perfect balance between elegant features, minimalistic design and a convenient location at a competitive price. The condominium, which features three-bedroom apartments ranging from 1,350 sq. ft. to 1,500 sq. ft., offers units from Rs. 25.5 million upward. 

The condominium also offers its residents rooftop entertainment pods, a state-of-the-art gym, garden terrace, swimming pool, Australian-style BBQ facilities and a function room and clubhouse.