Fairway Latitude-Pan Asia Bank offer financing on luxury apartments

Fairway Holdings and Pan Asia Bank representatives exchange MoU for Fairway Latitude in the presence of senior officials of both organisations 

Fairway Properties, a pioneer in vertical luxury residential developments in Sri Lanka, has signed a memorandum of understanding (MOU) with Pan Asia Banking Corporation PLC, to establish a framework for future collaboration on home financing solutions for the buyers at Fairway Latitude, the company’s seventh luxury apartment project, further strengthening its commitment to delivering premium urban living experiences in Sri Lanka.

The MoU enables the prospective homeowners to access Pan Asia Bank’s housing loan facilities through tripartite agreements involving Fairway Latitude, the buyer and bank, ensuring a secure, transparent and streamlined purchasing process.

Through this partnership, the customers investing in Fairway Latitude will benefit from Pan Asia Bank’s flexible home loan solutions, competitive interest rates and personalised banking services, while securing a residence in one of Fairway’s latest luxury developments - designed to meet the expectations of the discerning urban homeowners.

Fairway Holdings Chairman Virath de Alwis said, “Fairway Latitude represents the next chapter in our luxury apartment portfolio and this partnership with Pan Asia Bank allows us to further enhance the value we offer our customers. By providing convenient access to financing, we aim to make luxury apartment ownership more accessible while maintaining the highest standards of quality and design.”

Pan Asia Bank Director and CEO Naleen Edirisinghe stated, “We are pleased to collaborate with Fairway Properties on Fairway Latitude project. This MoU reflects Pan Asia Bank’s continued focus on supporting premium residential developments with tailored financial solutions that cater to the evolving needs of modern home buyers.”

Construction of Fairway Latitude has already commenced, with six floors completed to date, underscoring Fairway Holdings’ strong execution capabilities and commitment to timely project delivery.

The MoU underscores the shared commitment of Fairway Properties and Pan Asia Bank to foster long-term partnerships that enhance customer confidence and contribute to the continued growth of Sri Lanka’s real estate sector.