At the time of its inception, Trillium Residencies, a BOI-approved luxury condominium project was the only one of its kind in the country that was willing to pledge an investment of Rs. 7 billion to-date.
Foreseeing ample potential in the country’s real estate sector and, more specifically, in the nascent condominium market, Trillium Residencies was instrumental in pioneering the condominium concept in the nation - and as testimony to this claim, all the apartments in its first two wings were sold out even before construction had commenced and promotional material printed !
Janaka Ratnayake, Chairman, City Housing & Real Estate (CHRE) and Trillium Residencies Ltd explains that existing Trillium owners are reporting a steady 20% annual return on their investment. “Investing in real estate and that too in a luxury condominium ---project such as Trillium Residencies has proved to be a wise hedge against inflation and also offered the security of a solid asset-backed investment. The fact is that none of the newer apartment projects match the scale and luxury of space that Trillium Residencies can lay claim to,” emphasizes Ratnayake.
Sprawling across 3.5 acres of prime land in the heart of Colombo, adjoining the only expressway in the city, Trillium Residencies boasts the most central location possible, with easy access to local and international schools, hospitals, supermarkets and commercial areas.
More significantly, 50% of the acreage has been reserved for landscaping. The luxury of wide open spaces, the lush green environment and the wide array of recreational facilities such as a swimming pool, club house, jogging track, children’s play area, a restaurant, gymnasium, laundry collection centre, a mini supermarket and a badminton court offer hours of relaxation for residents.
“Living in Trillium Residencies is a lifestyle choice because it offers residents a resort-like atmosphere that is unmatched and the existing residents - successful professionals and their families - have become extremely close knit. Trillium Residencies offer superlative community living at its best, where like-minded individuals can come together for recreation while the spacious interiors offer ample opportunities for privacy as well. Moreover, because of its location adjoining the golf course, no other high-rise can be constructed in close proximity and cordon off the sweeping views of the surrounding greenery and cityscape,” explains Ratnayake.
Designed by the award-winning architects Design Consortium and constructed by Sanken Lanka, Trillium Residencies is an earthquake resistant structure built along international specifications with superior finishes.
“Trillium Residencies has been a flagship project for the country’s condominium market and I am proud to announce that the final phase of the project, the east tower , will be ready for completion by end 2011 and will mark the successful completion of a unique project that reinstated the faith in the country’s real estate sector despite an uncertain economic and political climate before peace was declared.