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Sri Lanka Development Project

 

The Group and Shang Properties, Inc. have formed a joint venture, Shang Properties (Pvt) Ltd, in Sri Lanka, to develop a mixed-use project strategically located in the heart of Colombo, the country’s commercial capital and largest city. The site is situated on a six-acre parcel of leased land on Sir James Peiris Mawatha overlooking Beira Lake in Colombo.

The project will be developed in two phases with master planning currently underway. Construction of Phase I, a high-rise residential tower, is expected to be commenced in the second half of 2019. The Phase II development will comprise residential and retail components. The entire project will take eight to nine years to complete.

The development will be complemented by an integrated podium feature jogging tracks, a clubhouse fully equipped with swimming pools and other facilities, a garden, and car-parking floors.

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Address
Sir James Peiris Mawatha, Colombo 2, Sri Lanka
Shang Salcedo Place The Rise
Residential (Macau & Overseas)