Prime Residencies

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  • Amber SKYE Negombo is overwhelmed by 50% of Sales less than 20 days from the launch

    2021-08-18 14:51:262021-08-18 14:53:552021-08-18 14:53:554News
    Amber Skye Residencies, Negombo affirms its position as an exceptional and unique oceanfront development with closing over 50% sales in less than 20 days following Sri Lanka’s first-ever virtual property launch. Amber Skye Residencies offer investors a lifetime opportunity to set down roots in the exotic locale of Hotel Road, Negombo. The property spoils its residents with a highly attractive b...
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  • Most Respected Entities Listing for Four Consecutive years

    Prime Group roars ahead on LMD's Most Respected Entities Listing for Four Consecutive years

    2021-08-09 10:45:112021-08-13 10:46:582021-08-13 10:46:40
    Affirming its indelible reputation as the country's premier and largest diversified property development conglomerate Prime Group, was lauded among LMDs “Most Respected Entities in 2021. The Group was also recognised as the winner in the real estate sector, further ascertaining its strength in the local market. This marks the fourth consecutive time, the group won the highly coveted titl...
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  • Prime Lands Residencies ends FY21 on exceptionally high note

    Prime Lands Residencies ends FY21 on exceptionally high note!

    2021-08-02 20:01:372021-08-02 20:05:392021-08-02 20:02:37
    Prime Lands Residencies Plc has ended FY21 on an exceptionally high note with impressive gains on the top line and bottom line.  As per results announced on Tuesday, Prime Lands Residencies’ revenue for the year ended on 31 March 2021 was Rs. 7.7 billion, up by 35% from the previous year. After-tax profit has soared by 656% to Rs. 989.2 million from Rs. 131 million in FY20. Pre-t...
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  • Prime Group's Chairman Premalal Brahmanage elected as President of Condominium Developer's Association

    Prime Group's Chairman Premalal Brahmanage elected as President of Condominium Developer's Association

    2021-07-31 12:49:112021-07-31 12:50:352021-07-31 12:50:06
    Sri Lanka's leading property development conglomerate Prime Group's dynamic Chairman Premalal Brahmanage has been appointed as the new President of the Condominium Developers Association – Sri Lanka (CDASL) for the year 2021/2022. Premalal Brahmanage succeeds Suresh Rajendra of John Keells Holdings who completed his term as Chairman at the culmination of this year's Annual General M...
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  • Prime Group introduces Amber Sky, Negombo with Sri Lanka's first virtual property launch

    Prime Group introduces Amber Sky, Negombo with Sri Lanka's first virtual property launch

    2021-07-15 14:20:542021-07-15 14:24:072021-07-15 14:22:01
    145, one- to three-bedroom luxury apartments Attractive payment plans spread over three years 12th July 2021: Prime Group promises a brand new story in luxury oceanfront living to the real estate market of Sri Lanka with Amber Skye Negombo. Located down the popular Hotel Road in Negombo, this exquisite property is located within minutes from star class hotels and Katu...
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  • Prime Group extends a helping hand to thousands with the ‘Eka Dawasak Hith Dahasak’ initiative

    Prime Group extends a helping hand to thousands with the ‘Eka Dawasak Hith Dahasak’ initiative

    2021-06-30 13:21:382021-06-30 13:24:412021-06-30 13:22:21
    Affirming its deep commitment to empowering communities in the country, Sri Lanka's leading real estate developer Prime Group recently launched the powerful, company-wide 'Eka Dawasak Hith Dahasak' initiative to uplift financially challenged families residing in the Colombo District's Moratuwa region, with a generous donation of essentials. 'Eka Dawasak Hith Dahasak' is ...
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  • Prime Lands Residencies IPO introduces “SUBMIT ONLINE from HOME”

    2021-06-15 14:24:112021-06-15 14:25:082021-06-15 14:25:084News
    Prime Lands Residencies Limited, the condominium property arm of Prime Group, the ‘Maestro of Real Estate Artistry’ in Sri Lanka, recently debuted its Initial Public Offering (IPO) and will now be allowing potential investors the ability to submit applications for the IPO from the safety and comfort of their homes, through their website https://ipo.primeresidencies.lk. Investors stand to gai...
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  • Prime Lands Residencies IPO oversubscribed on Opening day

    Prime Lands Residencies IPO oversubscribed on Opening day

    2021-05-12 14:29:172021-06-15 14:32:532021-06-15 14:31:09
    Following the debut of Prime Lands Residencies’ Initial Public Offering (IPO) yesterday, the company’s oversubscription forecasts proved to be true as the initial 100 million shares were purchased in record time. The Board of Directors has decided to exercise the option to issue up to a maximum of a further 87.5 million shares as set out in the Prospectus. In line with this, the Issue will be c...
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  • Prime Lands Residencies to debut IPO on May 11

    Prime Lands Residencies to debut IPO on May 11

    2021-05-05 14:20:502021-06-15 14:23:332021-06-15 14:21:54
    Prime Lands Residencies Limited, the condominium property arm of Prime Group, recently debuted its Initial Public Offering (IPO) Proposition. The opening date is currently set for May 11. The company has extended an invitation to subscribe for 100 million Ordinary Shares at an Issue Price of Rs 10.40 per Share which is payable in full on application. The company has also facilitated an optio...
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  • Prime Group Sets Benchmark For Real Estate

    Prime Group Sets Benchmark For Real Estate Industry with Credit Rating of A- Stable

    2020-05-26 15:30:422020-05-26 15:31:592020-05-26 15:31:32
    Property magnet Prime Group makes history as the first institution in the Sri Lankan real estate industry to receive a prestigious issuer rating of [A-] Stable from ICRA Lanka, a group company of Moody's Investors Service. The rating was awarded based on a consolidated view of the exceptional financial and operational linkages of Prime Lands (Pvt) Ltd. and Prime Lands Resid...
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  • Prime Group Crowned Best Developer in Sri Lanka yet again

    Prime Group Crowned Best Developer in Sri Lanka yet again at the Prestigious Property Guru Asia Property Awards

    2019-11-22 14:00:242020-04-04 14:03:312020-04-04 14:02:59
    Records further wins in Best Luxury Condo Development, Best Housing Project categories and special recognition in CSR at the PropertyGuru Asia Property Awards Distinguished property developer Prime Group bolstered its reputation as an industry leader by securing four top awards, including the coveted Best Developer title, in the Sri Lanka segment of the prestigious PropertyGuru Asia Pro...
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  • The Grand, Ward Place promises utmost privacy amidst uninterrupted views

    The Grand, Ward Place promises utmost privacy amidst uninterrupted views

    2019-11-06 11:32:152021-06-15 14:43:262019-11-06 11:35:05
    The Grand, the flagship luxury high-rise condominium project of  Prime Group promises the future residents ‘utmost privacy’ in addition to the uninterrupted views of the Colombo skyline, being the only high-rise in Colombo 07 bearing the coveted  ‘Ward Place’  address that is synonymous to upscale living. With smart phones in every pocket and security cameras in every building, ‘absolute...
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  • Best Developer of Sri Lanka

    Best Developer of Sri Lanka

    2018-07-19 17:47:342018-07-19 17:48:152018-07-19 17:47:52
    Prime Group was honored with  the ‘Best Developer’ title at the historic celebration of Sri Lanka’s first ever PropertyGuru Asia Property Awards gala dinner on 12th July 2018 at the Shangri-La Hotel, Colombo.  ‘Best Developer’ was the highest Award presented at the ceremony out of 23 awards offered to 13 outstanding companies in the industry.
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  • Great place to work 2018

    Great place to work 2018

    2018-07-19 16:36:362018-07-19 16:37:462018-07-19 16:37:10
    We are delighted to announce that Prime Group has been rated as one of the 25 Great Work Places in Sri Lanka – 2018 for the 4th consecutive year. Big thank to our Management, for its efforts to make our employees happy and ultimately, make our valuable customers happy.
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  • Two Giants join hands

    Two Giants join hands

    2017-10-20 10:04:102017-10-20 10:07:522017-10-20 10:05:13
    Maga to construct Prime Grand Prime Group, the leading Sri Lankan property giant, announced the awarding of the contract for construction of its iconic property Prime Grand, Ward Place to renowned construction entity Maga Engineering at a ceremony held at the Prime Grand Display Suite and Sales Gallery, on October 19, 2017. Prior to the awarding of the contract, an extens...
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  • Great Place to Work Award 2017

    GREAT PLACE TO WORK IN SRI LANKA FOR 2017

    2017-07-06 06:38:422017-07-06 06:39:192017-07-06 06:39:194News
    We are delighted to announce Prime Group has been rated as one of the 25 Great Work Places in Sri Lanka – 2017 for the 3rd consecutive year. This year we also got another category award which is “Silver Award in Medium Size Organizations Category”. A big thank to our Management, for its efforts of making Prime Group a Great Work Place
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  • Prime Group charters Toastmasters Club

    Prime Group charters Toastmasters Club

    2017-05-24 03:34:422017-09-11 07:33:562017-09-11 07:30:59
    The Prime Group Toastmasters club held its charter ceremony on 24th May with the prestigious presence of the Toastmasters International President DTM Mike Storkey and  Toastmasters Intentional President Elect DTM Arunasalam Balraj. The new members and office bearers of the club were inducted by the Toastmasters International President which was a remarkable moment in the Toastmasters arena in S...
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  • Toastmasters Ovation 2017

    Prime Group power Toastmasters Ovation as Strategic Partner

    2017-05-16 10:36:282017-09-11 07:35:482017-09-11 07:35:23
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  • Channel EYE- Business News On 2017-04-19

    Channel EYE- Business News On 2017-04-19

    2017-04-19 13:10:342017-10-09 10:05:522017-09-11 07:37:07
    ‘Mr. Brahmanage Premalal, Chairman of Prime Group was interviewed by Channel Eye for Business Today Program on 19th April 2017. Business today is a live TV show on every Wednesday @ 9.30 P.M which discusses areas related to Local and International Business and Stock Market information with the participation of leading businessmen on Channel Eye’
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  • Prime Grand Ward place

    Prime Grand Ward place groundbreaking ceremony

    2016-12-15 12:06:332017-10-09 10:10:022016-12-15 12:13:38
    PRIME GRAND OFFERS A PRESTIGIOUS WARD PLACE ADDRESS Construction on Prime Grand, an upmarket, 36 floor, 316 unit apartment complex by Prime Group got under way on the 6th of December, 2016 at Ward Place. Currently the largest and tallest apartment project in the prestigious neighborhood, built on a land over an acre in extent and fully owned by Prime Group, will be ready for occupancy by 202...
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  • great place to work in Sri Lanka for 2016 .

    great place to work in Sri Lanka for 2016 .

    2016-07-13 06:03:292017-09-11 07:42:392017-09-11 07:41:55
      Great Place To Work® Institute presenting the Best Companies to Work for in Sri Lanka for each and every year, in partnership with LMD and the Ceylon Chamber of Commerce. Among 75 companies representing over 15 industries Prime Lands Private limited won two awards consecutively benchmarking real estate industry. The Assessment process of this is a unique combination of understanding emp...
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  • ASIA PACIFIC PROPERTY AWARDS

    ASIA PACIFIC PROPERTY AWARDS

    2016-07-09 07:09:482017-09-11 07:45:042017-09-11 07:45:044News
    Prime Lands Group is a Real estate company with a vision of "Committed to create a better place on earth".  This was published on 17th May 2015 on Lankadeepa Newspaper Covering the ASIA PACIFIC PROPERTY AWARDS 2015-2016
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  • LMD April Issue 2016

    LMD April Issue 2016

    2016-07-05 17:03:192017-09-11 07:48:272017-09-11 07:47:07
    LMD April Issue
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  • Dream Home- Daily Mirror

    Dream Home- Daily Mirror 23rd July 2015

    2016-07-05 15:32:322017-10-09 10:07:492017-09-11 07:56:11
    Prime Lands Group is a Real estate company with a vision of "Committed to create a better place on earth". What are the aspects for an apartment buyer have to think of eliminating the risk of purchase. This was published on 23rd of July 2015 on Daily Mirror Newspaper, Dream Home Section. The Founder Chairman of Prime Lands Group Mr. B.Premalal explained what are the factors we need to consider ...
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  • We awarded as the Best Real Estate Company in Sri Lanka at Asia Pacific Property Awards

    2014-05-09 21:06:292014-11-07 21:10:592014-11-07 21:10:59
    Our Customers always believed that we are the best and now the Global property experts endorse it! Prime Lands Group awarded as the Best Real Estate Company in Sri Lanka at Asia Pacific Property Awards Prime Lands Group have won the hearts and minds of the Sri Lankan people by delighting them with beautiful lands and housing developments reaching all regi...
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  • Best Real Estate Company

    Best Real Estate Company

    2014-05-09 00:00:002014-08-26 13:02:252014-08-26 12:26:26resources/85/imgHome1upd1400843609.jpg
    We awarded as the Best Real Estate Company in Sri Lanka at Asia Pacific Property Awards Our Customers always believed that we are the best and now the Global property experts endorse it! Prime Lands Group awarded as the Best Real Estate Company in Sri Lanka at Asia Pacific Property Awards Prime Lands Group have won the hearts and minds...
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