Trillium launches latest luxury apartment venture in Havelock Town with Rs. 1.2 b investment

rom left: Kruthya Rathnayake, Trillium Executive Director – Property Management and Services Rachitha Rathnayake, Trillium Chairman – Property Management and Services Janaka Rathnayake, Trillium Executive Director – Property Management and Services Lekhya Rathnayake and Trillium Director – Property Management and Services Renuka Rathnayake were present at the ground-breaking ceremony for the proposed 40-apartment Trillium Havelock Residences – Pix by Indraratne Balasuriya

Luxury apartments owner, developer and operator Trillium yesterday broke ground for its latest project in Havelock Town with an investment of Rs. 1.2 billion.

The super-luxury condominium apartment complex will be situated on a well-positioned plot of land 40 perches in extent and will house 30 three-bedroom apartments and 10 two-bedroom apartments.

The complex will also feature ample parking facilities, a state-of-the-art gym, rooftop pool, and all other modern facilities. The project will be offering a pet care facility with limited slots available, adjacent to the premises, allowing pet lovers to keep their pets close to them and spend time with them.

The project is due to be completed in 2023 and construction will be carried out by Sanken Construction, which has a wealth of experience in the execution of various types of civil engineering and building structures backed by the support of Trillium’s in-house technical team.

Being in the business for over a decade, combining outstanding architectural conception with selectively curated spaces and facilities Trillium assures a unique, exclusive offering at an affordable price range giving the client an attractive investment option.

Trillium plans to offer the first 10 apartments at a discounted rate compared to the similar properties in the area. A two-bedroom apartment (750 square feet) is priced at Rs. 25 million and three-bedroom apartment (1,500 square feet) will be Rs. 35 million. Leading banks have also signed a memorandum of understanding with Trillium to help provide solutions for the financial needs of clients with attractive interest rates and payment plans.

“With the uncertain nature of the financial markets and extreme challenges faced by the economy, housing sector has remained fairly resilient and will hold steady ensuring stability and growth of investments,” Trillium said.

“As predicted by several leading industry experts, despite strong demands, there will be a short fall in the supply of housing in the market. This will drive the property market up. Clients’ investment will be safe and guaranteed to appreciate in the future. In view of this, combined with several other market factors, it will be a sellers’ market in the couple of years to come,” the company added.