Daily Mirror - Print Edition

CPG’s The One Group of Hotels Introduces Resort Residences: Holiday Home Ownership Easier than EVER

05 Aug 2025 - {{hitsCtrl.values.hits}}      


The One Group of Hotels, a leading luxury hospitality brand in Sri Lanka, proudly announces the launch of its exclusive Residence Collection, a limited offering of Private Villas that promises to redefine and streamline holiday home and branded residence ownership in Sri Lanka.

TOGOH Residences come fully furnished, managed and inclusive of a greater resort infrastructure, allowing an owner to enjoy their holiday home ownership with all of the perks and none of the hassle. It is also the only ownership program in the country that allows owners unrestricted use of their property. Owners earn an attractive return from the hotel operation, similar to models seen on the international landscape such as Ritz Carlton and Aman. The One Group of Hotels is a subsidiary of Crystal Property Group.

About Crystal Property Group (CPG)

Established in November 2018, Crystal Property Group (CPG) has rapidly emerged as a trailblazer in Sri Lanka's luxury real estate sector. Chaired by Kumar Sangakkara under the leadership of CEO Reza Magdon Ismail, CPG focuses on creating high-quality holiday homes in iconic locations with strong tourism potential, addressing a gap in the market for investors seeking turnkey, fully furnished properties that can also serve as resorts. CPG's unique Resort Residence Model allows investors to benefit from real estate capital gains while participating in Sri Lanka's growing tourism industry. The company's integrated approach, featuring an in-house team of expert project managers, engineers, and design consultants, has ensured the successful delivery of projects even amidst Sri Lankas most challenging times.

Notable Past Projects

•⁠  ⁠Crystal Sands: CPG's inaugural project on the South Coast, featuring 25 Sky Villas. Despite being one of the last to start in the region, it was among the earliest to complete, marking a significant achievement in Sri Lanka's construction landscape. Today Crystal Sands on one of the most popular destinations in the Hikkaduwa coastline. Crystal Sands opened it doors in May 2022 and is sold out.

•⁠  ⁠The Six: An ultra-luxury development comprising six unique beachfront villas in Midigama. The project achieved 50% sales within the first two weeks and sold out almost entirely before groundbreaking, with each villa valued at approximately USD 1.5 million. The Six demonstrated an exceptional first year in the market as it opened its doors in Dec 2023, with a 65% occupancy and achieved one of the country’s highest Daily Room Rate.

•⁠  ⁠Digana by CPG: Opening its doors in Aug 2026, this project is CPG's third and largest under the Resort Residence Model. Located in the Central Province, it features 15 luxury villas overlooking the Victoria Reservoir, the villas are 6,500 Sq.Ft and come fully furnished, 3BR and a private pool, with over 70% of units sold within the first two weeks of launch. Digana by CPG is poised to be Sri Lanka’s foremost luxury wellness resort.

CPG will also be launching its first Residence in Colombo in the upcoming quarter as well as its next Villa Development in Weligama in 2026.

Press Inquiries

For more information, please contact:

Gavin Ramsay
Chief Growth Officer
[email protected]
+94 77 229 2202

 Visit The One Group Residences Page Link here - https://www.theonegroupofhotels.com/residences/