Home / Property/Construction/ MHDL kicks off Rs. 2 b Heights Colombo 5 high-rise project

MHDL kicks off Rs. 2 b Heights Colombo 5 high-rise project

Comments / {{hitsCtrl.values.hits}} Views / Tuesday, 3 October 2017 00:00


Millennium Housing Developers PLC (MHDL), Sri Lanka’s leading township developer, recently announced the commencement of its latest high-rise residential development project, Heights Colombo 5.

As a Rs. 2 billion project, Heights Colombo 05 will feature 64 luxury apartment units on 11 residential floors with four-storey parking facility.   

An impressive variety of features including electric car charging facilities at individual parking bays, roof-top swimming pool, a jogging track and recreational areas, a state-of-the-art gymnasium, thoughtful design and contemporary finishes will offer residents unique apartment homes.

“We are extremely encouraged by the success of The Heights Edmonton, which was sold in just four weeks. Our critical success factors have been in the selection of location, quality of construction and on- time delivery,” said Harshith Dharmadasa, Chairman Millennium Housing Developers PLC.

The Heights Colombo 5 complex is strategically located within a short five-minute drive to Colombo 4, Colombo 7 and Colombo 8.

Commenting on the confidence placed in MHDL, Dharmadasa added: “This project too has received a resounding response as another attractive option for buyers. We are extremely pleased with the response from the market, as at the time of handing over to the contractor, almost 90% of the project is already sold out and re-sale values have also increased substantially.” 

Share This Article


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 Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.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

Identifying traitors: I cannot wait until Dr. Padeniya presents his point scheme

Tuesday, 21 August 2018

Cause for excitement I am excited! A way of identifying and measuring a traitor is soon to be unveiled; by no less than the President of the GMOA! Hasn’t he also qualified in some department of neurology? All the more reason to justify my excitemen

The evils of translocating wild elephants

Tuesday, 21 August 2018

The subject of translocating wild elephants has been a much-debated topic recently, after the Department of Wildlife Conservation (DWLC), acting on the orders of the Minster for Wildlife, wanted to move the only two wild elephants habituating the Sin

Climate scientists cheating us to a $ 12 b/year economic loss in 2050

Monday, 20 August 2018

Local news media carried the disturbing pronouncement by World Bank economists to the effect that Sri Lanka will become an extremely hot territory with 30C temperature rise and $ 12 billion per year economic loss by 2050.

Singapore miracle – How SL could benefit from trade with Singapore

Monday, 20 August 2018

According to a media report released by President’s Media Division, a committee of experts has been appointed by the President to examine and report on ‘the practical impact and use of the proposed officer policy guidelines and recommendations on

Columnists More