John Keells Land completes super structure of ‘OnThree20’ ahead of schedule
Monday, 24 June 2013 00:03
John Keells Land yesterday announced the completion of the super structure of its high-rise apartment complex, OnThree20, ahead of schedule.
Described as “an oasis in downtown Colombo”, OnThree20 is yet another exciting residential development from John Keells Land, the property arm of the John Keells Group.
Strategically located at Union Place, in the heart of Colombo’s bustling metropolis and business district, OnThree20 consists of three towers, each 37 storeys tall, with a total of 475 apartments and enjoys close proximity to hotels, supermarkets, department stores, schools, hospitals etc.
Designed with a mélange of elegance and sophistication, OnThree20 merges the essentials of contemporary living. The apartment complex is elegantly designed to suit the aspirations of modern life where the blend of sophisticated architecture and all contemporary amenities makes it an ideal place to reside in the city.
“We are pleased that we’ve been able to ‘top-off’ this project ahead of schedule. The interior work and the finishes have already started and we will be ready to hand over the units to our customers on schedule in December 2014. There’s a lot of interest in the project and that’s evident from the success we’ve had in our sales. As at now we are 80% sold and moving at a steady pace. We are happy that over the years customers have placed their trust in our brand John Keells Land, which successfully completed several other projects in the city,” said President Property Group of the John Keells Group Suresh Rajendra.
The apartment complex will mainly consist of two to three bedroom units, ranging from 907 sq.ft. to 1312 sq.ft. Among its notable features and facilities are an extensive landscaped garden, a business centre, a walking track, a state-of-the-art gym, a steam room, a squash court, an indoor games room, a large clubhouse, three swimming pools set amid lush greenery and many other amenities, thus making it a ‘green lung’ in the heart of the city.
In addition, the comfort of air-conditioning, hot water, 24 hour security, parking facilities, standby power and a plethora of all other modern amenities make OnThree20 one of the top class condominiums in Colombo. It’s also not a surprise that almost 80% of the apartments have already been sold.
Sanken Engineer Managing Director Ranjith Gunathilake said: “As the No. 01 building constructor in Sri Lanka, with experience both in this country and overseas, we’re happy to partner with John Keells on this design-built contract. We are targeting to complete the construction ahead of schedule. I am proud to report the excellent progress of the project which is a testimony to the wide-ranging experience, the knowledge and the professional expertise of the Sanken team. We’re now confident that we can deliver the final product ahead of schedule, before Christmas 2014.”
The developer of OnThree20, John Keells Land, is a subsidiary of the highly reputed conglomerate John Keells Holdings. This is the third development of the group and more are in the pipeline.
John Keells Holdings is the largest quoted company in Sri Lanka and has a AAA(lka) credit rating from Fitch Ratings Lanka Ltd. It has interests in transportation, infrastructure, leisure, property, consumer foods and retail, information technology and financial services.