Fairway Latitude launches with a vision of sustainable urban luxury

By Divya Thotawatte 

With a focus on liveable luxury and urban connectivity, Fairway Holdings this week launched its seventh apartment project, Latitude, bringing family-centric living to Colombo 05. 

Fairway Holdings has established itself as a leading developer of luxury condominiums, with over 20 years of experience in the real estate market of Sri Lanka. Located at No. 7, High Level Road, Kirulapone, Latitude by Fairway represents the latest chapter in an expansive portfolio of contemporary home options from Fairway Holdings. 

The luxury condominium project is strategically positioned in one of Colombo’s most sought after residential areas, offering direct access to High-Level Road and Baseline Road. It places residents just  minutes from leading schools, key business hubs, top hospitals, vibrant shopping destinations, and fine dining establishments.   

Speaking at the launch, Fairway Holdings Chairman Virath de Alwis said that Fairway Latitude was a significant milestone for the company. Beyond their seventh luxury apartment project, it also marked Fairway’s first residential venture established within Colombo’s central business district. On the project’s progress, he noted, “Construction of the project has already commenced, and we remain committed to delivering the same high Fairway standards that have defined our previous developments.” 

Design, amenities, and sustainability 

Latitude is designed to combine practicality with luxury, offering residents a range of amenities aimed at comfort and convenience. These include a rooftop infinity pool with panoramic city views, a fully equipped gymnasium, a landscaped rooftop terrace, and a rooftop function hall that can host up to 250 guests. Additionally, for everyday needs, the development provides an on-site convenience store, concierge services, and an exclusive resident service app for the easy convenience of its homeowners. 

Each apartment features straight-line architecture with efficient, light-filled layouts, and European standard kitchens. High-end finishes, and people-focused planning create a clean, minimalist design that aligns with Fairway’s trademark style. Fairway Latitude offers a selection of two, three, and four bedroom residences, with unit sizes ranging from 902 to 2,881 square feet. 

Fairway Latitude is also among the first high-rise residential projects in Sri Lanka to pursue formal green building certification. Each unit is equipped with engineered timber doors and floors, double-glazed uPVC windows, smart home provisions, energy-efficient systems, and LED lighting for homes, underscoring the project’s commitment to sustainability and long-term liveability. 

Fairway Properties Chief Growth Officer Rajitha Jayasuriya explained that Fairway Latitude was designed with families in mind. Beyond its prime location and luxury features, the apartments offer ample space, thoughtfully planned layouts, and except for two-bedroom units, all residences include practical features like maid’s quarters and terraces to ensure privacy and comfort. 

“To complement your lifestyle, Fairway Latitude delivers everything it promises. A harmonious fusion of convenience and quality, sleek modernity, an excellent location, and ample space for the entire family. Fairway Latitude isn’t just an address, it’s your private retreat in the heart of Colombo,” Jayasuriya explained. 

Timeline and investment appeal

Unlike many developments in Colombo’s luxury apartment market, Fairway Latitude already has six completed floors, significantly reducing construction risk and timeliness. Fairway Group CEO Ashean Karthelis highlighted the strategic advantage of this, noting “With construction now actively underway, the project is progressing steadily towards completion in 2028. This forward momentum means our homeowners will be able to move in earlier and begin enjoying the unmatched convenience of life at Latitude sooner.”

He also explained that it positioned residents for a higher return on investment compared to other similar developments, making Latitude both a premier address and a sound financial opportunity. 

At the launch, Fairway presented historical performance data from its previous six developments, including Fairway SkyGardens, Fairway Elements, and Fairway Urban Homes,  which recorded price appreciations exceeding 100% over time.

Early pricing for Fairway Latitude starts at approximately, 

• SL Rs. 59 million for two-bedroom units 
• SL Rs. 90 million for three-bedroom units 

With payment plans spread over 28 months, a reservation fee of SL Rs. 1.5 million, and launch-phase discounts available until the end of January 2026, Fairway positioned Latitude as a time-sensitive investment opportunity. 

With more than 1,000 apartments completed across six projects and an industry presence of over 20 years, Fairway Holdings has reshaped skylines with properties including Fairway On The Waterfront, Fairmount Urban Oasis, Fairway SkyGardens, Fairway Galle, Fairway Elements, and Fairway Urban Homes. With its unique amenities and offerings, Fairway Latitude is uniquely positioned to continue the company’s practice of uniting exceptional luxury with convenience and practical living. 

- Pix by Sameera Wijesinghe