Home / / Apartments back in demand says Trillium

Apartments back in demand says Trillium

Comments / {{hitsCtrl.values.hits}} Views / Thursday, 2 February 2012 00:26


With rebound in economy and income in post-war Sri Lanka, demand for quality apartments are back says Trillium Residencies which has sold 80 units worth Rs. 1.4 billion last year and only 10 remaining up for grabs in its final wing.

Located in Elvitigala Mawatha, Trillium Residencies is one of the largest and most successful apartment projects in the country with the total value of project being Rs. 7 billion. The complex comprises 300 on four wings.

Out of 300 units, 290 apartments are already sold and 290 handed over to the respective owners. The 60-units consisting East Wing consists is due for delivery by end March 2012. The other completed wings are named Golf, Park and Sunset. “The fact that we successfully sold 80 units in the past one year raising Rs. 1.4 billion reaffirms the customer confidence level placed in this iconic project,” Trillium Residencies Chairman Janaka Ratnayake said.

He said that recent study done by KPMG has emphasised that the condominium market prices will grow more consistently even in the long term. “Clients making a wise decision by investing in a condominium project like Trillium will be sure to enjoy a return on investment of over 10%,” Ratnayake opined. The present rental for a furnished three bedroom is $ 1,700 per month at Trillium.

He said that Trillium is on demand as well as successful because it offers a total new lifestyle in a truly exclusive neighbourhood and not in a concrete jungle. Midst ample space and greenery, Trillium is inclusive of facilities such as the pool, gym, indoor badminton courts, jogging tract, mini market, restaurant, launderette etc. Finishes and layouts inside the apartments and common areas are also unique at Trillium.

Ratnayake said that as a responsible developer Trillium takes care of the apartments by giving very good after sales service. Even going a step further, we will be managing client’s property right throughout be it renting, re-selling or maintenance through our new arm Trillium Property Management Ltd., which provide total condominium solutions,” he added.

Share This Article

Facebook Twitter


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

“Sri Lanka’s future lies in producing exportable manufactured goods”: Dr. Howard Nicholas

Monday, 22 July 2019

Drawing lessons from Vietnam’s experiences The Sri Lanka-born economist attached to The Hague based Institute of Social Studies – Dr. Howard Nicholas – addressing a packed audience consisting of the alumni of the Postgraduate Institute of Manag

We should sell our water

Monday, 22 July 2019

When you read the title of this article, you will probably feel disgusted with me as selling our water has been a controversial topic since a long time ago. By the way, I am talking about virtual water trade and you would be surprised to know that we

A voice of compassion amid howls of zealotry

Monday, 22 July 2019

The unrestrained freedom extended by the current regime to a bunch of saffron-clad street vendors of Sinhala Buddhist zealotry is pushing Sri Lanka once again into a cauldron of ethnic and religious convulsion. The nationwide spread and virulence of

Roger Beteille: The man who reinvented the commercial airliner

Monday, 22 July 2019

The visionary engineer, pilot and manager who led Airbus to some its most significant decisions, passed away last month. Beteille, who was the head of French aircraft manufacturer Sud Aviation’s flight testing section, was made technical director

Columnists More