SMI Point signs agreement for US$ 22.4mn apartment complex in commercial capital

SMI Point Limited, a luxury developer, has signed an agreement with the Board of Investment (BOI) for a US$ 22.4 million worth 102-apartment luxury residential complex in the heart of the commercial capital Colombo.

The new residential development “Pointe” will be constructed at Alfred House Avenue and will feature a 34-storey (ground + 33 floors) luxury residential apartment complex that elevates everyday family living into a unique lifestyle experience. It will offer 102 lavish apartment units, each encompassing over 2000 sq. ft. with spacious balconies.  

Only 4 apartments per floor. Each apartment is spread across an expanse of over 2000 sqft and features 3 bedrooms.The 33rd Floor containsa 01-duplex apartment.Restricted access to designated floors 

The unique location where the condominium building will be constructed offers ultimate conveniences for family living, situated at Alfred House Avenue, Colombo 03,near the city’s most prominent educational institutions, business establishments, hotels, restaurants, supermarkets, retail stores, and entertainment venues. The building creates quick access to the commercial capital at all times.

The greatest luxury you can experience is coming home and finding everything has already been taken care of.  This is the feeling you will experience every day at Pointe.  With a thoughtful range of amenities, every resident can understand the cocooned serenity of the Pointe.  

The Pointe takes the grace of living is on a more sustainable footing, usage of technology-driven electronic devices that are designed to save energy, such as a key card system for internal control of energy waste. Usage of Double-Glazed Windows minimizes unnecessary heat generation, andan LED and energy-saving system will add value to the lower carbon footprint of the tenant. The sustainable usage of water at the pointer is promoted with rain rainwater harvesting system and a high-speed flushing system.  

The developer of “The Pointer” furtheradds value by providing inclusive parking slots for differently abled visitors to the property. This includes 7 visitor parking spaces, one for each tenant, with space for 4 differently able visitors, for a total of 200 parking slots. 

SMI developers have already redefined the concept of luxury living in urban areas; furthermore, they have adopted a more diverse, humanistic, and sustainable approach with an inclusive perspective for the “Pointier” project, which offers luxury alongside more meaningful living.