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Prime Lands launches $65 million ‘Colombo Border’ project

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Prime Lands Group Co-Founder and Co-Chairperson Sandamini Perera and Chairman of Board of Investment Arjuna Herath.
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Prime Lands Residencies PLC, synonymous with innovation in real estate, is set to transform Sri Lanka’s urban landscape with its ambitious Colombo Border project.

Following the success of The Grand Ward Place, Prime Lands Residencies has expanded its Board of Investment (BOI) approval, committing a substantial USD 65 million to the Colombo Border project.

This investment marks a significant addition to the company’s BOI project portfolio.

The project’s BOI endorsement underscores a commitment to transparency and accountability. With a focus on visibility, every development stage will be meticulously scrutinised to ensure the project meets its promises.

The Colombo Border project aspires to redefine urban living in Sri Lanka, reflecting Prime Lands Residencies’ vision for future lifestyle experiences and residential development.

Adopting a holistic approach, the project aims to deliver a lifestyle that embodies the dynamic future of Sri Lanka’s suburban landscape.

The development will feature three architecturally striking towers, the tallest rising to 26 floors, housing 484 luxury apartments.

These apartments, available in spacious three-bedroom and two-bedroom configurations, will be constructed using premium materials, offering modern design and unmatched comfort.

Spread across a generous 6½-acre site, an impressive 80% will be dedicated to open green spaces, creating a tranquil oasis that blends city convenience with natural serenity.

The Colombo Border project is a symbol of progress, with the potential to generate over 3,000 direct and indirect jobs.

It is not just building homes but also futures, contributing significantly to the local economy.

A revolutionary feature of the project is its affordability model. Prime Lands Residencies is introducing an innovative 1% per month payment plan, making luxury living more accessible to working families.

Prime Lands’ unwavering commitment to quality and transparency, supported by BOI oversight, ensures the Colombo Border project will deliver exceptional value to both residents and investors.

Combining luxury and affordability, the project offers a harmonious blend of urban convenience and natural beauty, fostering thriving communities.

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