2026-06-19
Demonstrating unparalleled confidence in Sri Lanka’s future, Prime and Melwa have strengthened their position as the largest property investor in Port City Colombo through the acquisition of their third and one of the most sought-after land parcels in the Marina Area of plot number 1-02-03 spread across closely 6 Acres of land. The latest purchase increases the total landholding to approximately 16 acres, making it the largest real estate investor within Port City.
The newly acquired land parcel will be developed into a landmark mixed-use development comprising luxury residences, commercial spaces, and retail offerings, with development potential of up to 150 meters in height, 42 storeys, making it one of the most significant future developments within the Marina Area.
Commenting on the acquisition, Premalal Brahmanage, Chairman of Prime Group, stated "The outstanding success of Prime Marina gave us the confidence to further strengthen our investment in Port City Colombo. Becoming the largest Real Estate Investor in Port City is a significant milestone and reflects our belief in Sri Lanka’s future. Our vision is to take Sri Lankan real estate to the world through iconic developments that showcase the country's true potential."
With three strategic acquisitions now secured in Port City Colombo, Prime and Melwa continue to lead the transformation of Sri Lanka’s real estate sector while helping establish Sri Lanka as a premier destination for global property investment.
Following the extraordinary success of Prime Marina, defined by a world-class launch and record-breaking sales that signaled unprecedented confidence from both local and international buyers, Prime and Melwa have rapidly expanded their footprint by securing another strategic parcel within Colombo’s most exclusive waterfront precinct at Port City Colombo. This decisive move reinforces a bold vision: to position Sri Lanka alongside global icons such as Dubai, Singapore, and Hong Kong, as marina living finds a new address on the island.
Prime Melwa Port City (Pvt) Ltd has formally commenced its highly anticipated world-class marina living experience at Port City Colombo, marking a significant milestone in the development of one of the region’s most prestigious waterfront residential destinations. Positioned as Asia’s Global Marina Front Masterpiece, the landmark project is poised to redefine luxury waterfront living in South Asia while elevating Sri Lanka’s position on the global real estate stage.We are honoured to announce the formal commencement of this globally inspired visionary address, marking a defining milestone in bringing our bold vision to life. Positioned in one of the most prestigious locations within Port City Colombo, the iconic development presents a truly rare opportunity to experience unmatched marina-front, waterfront, and oceanfront living.In global real estate, value has always been defined by three timeless principles: location, architectural design, and developer. Overlooking the iconic marina and the Indian Ocean, the project will offer breathtaking panoramic views, guaranteed higher value appreciation, and an unmatched lifestyle experience crafted to international standards. Located within Port City Colombo, South Asia’s most ambitious and internationally recognised future city, Prime Melwa Port City commands an exceptional marina-front position with uninterrupted ocean horizons, creating a truly iconic waterfront address. This exceptional location is what elevates the project into a truly distinctive development.Design is what elevates this development into a true architectural masterpiece. Envisioned by the internationally renowned architectural firm P&T Singapore, the project introduces a level of sophistication, elegance, and refined waterfront living never before experienced in the region. Every element has been thoughtfully crafted to reflect timeless architectural excellence, contemporary luxury, and an uncompromising commitment to world-class standards.The developer brings strength, trust, and legacy. Prime Group, Sri Lanka’s real leader in modern real estate with over 30 years of excellence, joins forces with Melwa, one of the nation’s strongest and most trusted conglomerates, to reshape the next era of modern real estate in Sri Lanka and beyond.Reflecting on this landmark achievement, Prime Group Co-Chairperson, Sandamini Perera stated, “On the global real estate stage, location has always been the defining factor. Port City Colombo stands as South Asia’s most ambitious destination. Where you stand in Port City will matter. This is where it begins, with the Marina Zone representing its most prestigious, highly sought-after, highest-appreciating, and rarest address. Our iconic development, being the only available residential project fronting the marina, waterfront, and the Indian Ocean, offers a truly exclusive lifestyle and investment opportunity that combines elevated living with enduring value.” Sales have now formally commenced, and Prime Melwa Port City invites discerning buyers and investors to secure residences in one of South Asia’s most coveted addresses. The project demonstrates strong investor confidence in Sri Lanka’s evolving property sector and strengthens Prime Group’s vision of exporting Sri Lankan real estate to the world.
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Prime Melwa Port City (Pvt) Ltd signed the Sales and Purchase Agreement (SPA) with CHEC Port City Colombo (Pvt) Limited on 12th May 2026 marking a historic milestone in the realization of one of the most prestigious upcoming marina and waterfront developments at Port City Colombo.Positioned as the only remaining marina and waterfront residential development within Port City Colombo, the project is set to deliver an extraordinary lifestyle experience unlike anything the region has witnessed before. Overlooking the iconic marina and the Indian Ocean, the development has been envisioned as an architectural masterpiece that will redefine luxury waterfront living in South Asia through iconic design, breathtaking views, world class amenities, and unparalleled exclusivity.Set within one of the world’s most ambitious and globally significant urban transformation initiatives, the project is poised to become a defining landmark in Colombo’s evolving skyline and a symbol of Sri Lanka’s emergence as a globally competitive luxury real estate destination.This landmark collaboration brings together two of Sri Lanka’s most influential corporate entities, Prime Group and Melwa, combining decades of market leadership, strategic foresight, and proven excellence to create a truly world class marina front destination.More than a premium real estate venture, the project represents a bold statement of confidence in Sri Lanka’s future and the growing international significance of Port City Colombo as an emerging business, lifestyle, and investment hub. It further demonstrates the commitment of leading Sri Lankan corporates to invest in transformative developments that create long term economic value, attract foreign investment, and strengthen global investor confidence in the country.As one of the final marina front development opportunities within Port City Colombo, the land parcel carries exceptional strategic importance and long term investment value. Located within Sri Lanka’s first foreign currency designated Special Economic Zone, the project is expected to attract international investors, expatriates, and high net worth buyers seeking a globally benchmarked waterfront lifestyle and a secure investment opportunity in one of Asia’s most promising emerging destinations. With this historic partnership, Prime Lands and Melwa are not merely developing another luxury project; they are shaping an iconic global address that symbolizes ambition, innovation, and Sri Lanka’s bold rise onto the world stage.
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Prime Lands (Pvt) Ltd proudly announces its landmark project, YOLO by Prime Lands has received BOI-approved project status, recognizing the development's strong potential to drive economic development and attract foreign investment, delivering strong urban appeal.Accordingly, a USD 52.5 million investment agreement has been inked between Prime Lands and the Board of Investment of Sri Lanka (BOI), demonstrating the Group's robust financial standing, strong governance standards, and long-term commitment to strengthening Sri Lanka's real estate sector.Located in Makola, Kiribathgoda, YOLO by Prime Lands is a pioneering residential development designed to redefine elevated urban living. Just 5 minutes from the Kadawatha Highway Entrance, the project offers seamless connectivity to major cities including Kandy, Kurunegala, Galle, Matara, and Hambantota within 1½–2 hours, and Colombo is less than 30 minutes away. Situated in a flood- and landslide-free zone, YOLO is built on 13 acres and comprises 476 apartments with 46 buildings. Each features a 2,000 sq. ft. rooftop garden with BBQ and dining areas.The project offers a diverse mix of 2- and 3-bedroom apartments complemented by over 100,000 sq. ft. of shared premium facilities. Amenities include a 3-lane bowling alley, cinema, coffee shop, co-working space and business lounge, karaoke club, coin-operated laundry, mini supermarket, swimming pool with pool bar, fully equipped gym and CrossFit gym, paddle court and sports club, jogging path, and a celebration hall.Construction is progressing on schedule and all units advancing as planned to meet promised specifications and timelines. Designed in 2024, YOLO by Prime Lands features a modern, future-ready architectural vision, seamlessly blending contemporary design with innovative elements, redefining elevated urban living.Apart from the architectural and lifestyle appeal, YOLO by Prime Lands is designed to generate direct and indirect employment in construction, property management, maintenance, and service sectors, contributing to national economic growth. Located in Kiribathgoda, a growing real estate corridor with strong connectivity and infrastructure, the project offers an attractive opportunity for local and international investors.Apartments begin from LKR 35 million with a 1% monthly, 100% interest-free payment plan. The project is designed for capital appreciation and rental potential, with investors having the opportunity to achieve up to 100% return on investment. YOLO reflects Prime Group's dedication to strengthening Sri Lanka's real estate sector, for promoting sustainable development and enhancing Sri Lanka’s reputation as a hub for investment and modern living.About Prime GroupPrime Group, the Real Leader in Modern Real Estate in Sri Lanka with a 30-year legacy of contributing to the country’s urban development and economic progress. Over the past three decades, the Group has delivered more than 70 housing and apartment developments and over 10,000 land developments across residential, commercial, and lifestyle sectors, shaping modern living and working environments throughout Sri Lanka.Beyond real estate, Prime Group is guided by a strong commitment to nation-building, sustainability, and social responsibility, investing consistently in initiatives that support community wellbeing, critical infrastructure, healthcare, and education, extending its impact well beyond business.
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As Prime Group marks 30 years of real estate excellence in Sri Lanka, the commitment to community and youth development has taken shape outside the built environment. This year, in a wider mission to invest in the institutions, traditions, and communities that form Sri Lanka’s future, Prime Group is the Official Real Estate Partner of two of the country’s most historic school cricket encounters — the 147th Battle of the Blues between Royal College and S. Thomas’ College, and the 96th Battle of the Maroons between Ananda College and Nalanda College.For nearly a century and a half, the Battle of the Blues, has continued an enduring heritage. A collision of rivalry, pride, and heritage binding generations of Royal College and S. Thomas' College, to something far greater than sport. Prime Group proudly joins the legacy as the Official Real Estate Partner. The partnership is a natural alignment between two entities grounded with the same visionary intent, resilience, and a promise to build with lasting impact.Just as the Battle of the Blues, Sri Lanka’s most prestigious and historic school cricket encounter, has shaped the character of the youth, Prime Group builds neighbourhoods designed to do the same, spaces in which communities take root, timeless memories are passed down, and belonging is foundational.The Battle of the Maroons also holds a vivid past with the inaugural match between Ananda College and Nalanda College taking place in 1924. Over the years, the fixture has served as a foundation for some of Sri Lanka’s finest cricketing talent, producing players who have gone on to represent clubs and also held the distinction as members of the nation team.As Official Real Estate Partner also of the 96th Battle of the Maroons, Prime Group is honoured to become part of the legacy, recognising the role the institutions have played in shaping leaders, professionals, and individuals for decades.Both partnerships are rooted in Prime Group’s dedication to youth empowerment and community development. The Battle of the Blues and Battle of the Maroons unite distinguished alumni, respected professionals, and influential figures produced by four of Sri Lanka’s most iconic schools. Supporting these historic encounters, Prime Group reinforces the commitment to youth empowerment, strengthening the foundation for a brighter, stronger future and building lasting relationships within Sri Lanka’s most influential communities.Ruminda Randeniya, CEO/Executive Director, Prime Lands (Pvt) said, “Sri Lanka is built on strong foundations, in sport, community, and the values we carry forward. For 147 years, the Battle of the Blues has shown that the strongest foundations endure, and the Battle of the Maroons, now in its 96th encounter, carries the same spirit. At Prime Group, we build with the same resolve and our partnership affirms it. The values of teamwork, resilience, and character of the encounter are the same values behind every real estate development we deliver. Prime Group extends warmest wishes to Royal College, S. Thomas’ College, Ananda College, and Nalanda College as they take to the field. Though only one side could claim each match, true victory, as always belongs to the spirit of the game and the future custodians it continues to inspire.
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Prime Group, the real estate giant in Sri Lanka, celebrating 30 years of breakthrough innovation in the industry, highlighting trust, progress, and excellence, is expanding footprint with the opening the Group’s 7th branch in No. 270, Main Street, Kalutara - South. The new Kalutara branch is a strategically located and a technologically advanced space, designed to provide greater convenience and access to customers in and around the region, and is among several initiatives Prime Group has planned in the coming months. The opening of the Kalutara branch is also a key advancement in Prime Group progression of regional and international growth.Prime Group’s new Kalutara branch is situated with direct main road frontage and easy access to key urban amenities. The branch enhances customer convenience, highlighting Prime Group’s commitment to quality and innovation. Ruminda Randeniy, CEO, Prime Group, elaborated, “As industry pioneers in real estate and lifestyle solutions, the opening of Prime Group’s Kalutara branch is a deliberate step in our long‑term growth strategy. The dedicated branch aims to enhance accessibility and convenience for customers, but also strengthens our presence in a key regional location. It signals the Group’s commitment to purposeful expansion, customer‑focused innovation, and setting new benchmarks in service excellence. Combining our portfolio of landmark developments with modern branch amenities and operational efficiencies, we are creating greater value and strengthening Prime Group’s role as a trusted partner in shaping contemporary living and high‑value investment opportunities in Sri Lanka." With a future‑focused vision, the Group is committed to bold opportunities that broaden services and deliver meaningful solutions nationwide and globally, reinforcing the position as the country’s trusted leader in property and lifestyle innovation and as a proud corporate that taking Sri Lanka to the world. Prime Group is one of Sri Lanka’s most established real estate groups, with a 30-year legacy of contributing to the country’s urban development and economic progress. Over the past three decades, the Group has delivered more than 70 developments across residential, commercial, and mixed-use sectors, shaping modern living and working environments across Sri Lanka. Beyond real estate, Prime Group is guided by a strong commitment to nation-building, sustainability, and social responsibility, investing consistently in initiatives that support community wellbeing, critical infrastructure, healthcare, and education, extending its impact well beyond business. Dial 1322 to get connected to Prime Group or visit www.primelands.lk.
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In the aftermath of Cyclone Ditwah, while Sri Lanka Police officers worked tirelessly to safeguard lives and property across the country, many of their own families endured significant hardship. Recognizing this silent struggle, Prime Group launched a national-level initiative to support the children of affected police families, providing essential educational supplies and ensuring that their education could continue uninterrupted despite the challenges they faced.Prime Group supplied essential school materials to children affected by Cyclone Ditwah, helping them resume their studies with confidence and dignity. Through this initiative, undertaken as a responsible corporate citizen, 1000 students across Sri Lanka received support, with an investment of LKR 10 million.
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Prime Group builds nation’s most connected property experience with first‑of‑its‑kind technology ecosystem Pioneering digital solutions to transform the property ownership experience, Prime Group, Sri Lanka’s leading real estate developer, has unveiled a revolutionary suite of digital tools following a comprehensive five-year digitalization journey in procurement, construction, project management, and customer workflows to transforms how Sri Lankans embrace their property dreams. Though standalone digital solutions are available in the market, Prime Group's distinction lies in creating an integrated ecosystem where all innovations work seamlessly together.Such a holistic approach offers customers unprecedented convenience, transparency, and efficiency throughout their path to homeownership, from dream to reality. Powering visionary initiatives, Prime Group is redefining accessibility, convenience, and excellence in real estate, assuring every customer can enjoy a seamless journey. Building homes using technology, Prime Group is championing a customer‑first mindset in every action. For the first time in Sri Lanka, Prime Group has launched 1322, a dedicated four-digit hotline exclusively for real estate inquiries. The customer-centric innovation provides property information, expert guidance, and support a phone call away, expanding homeownership opportunities in Sri Lanka. In a strategic alliance that propels innovation, Prime Group became the first corporate client in Sri Lanka to embrace DFCC Bank's API Banking platform (iConnect). The industry-first partnership with DFCC Bank facilitates paperless vendor payments, positioning Prime Group as a fintech pace‑setter. Eliminating manual processes and branch visits, Prime Group offers customers virtual accounts with instant reconciliation. In another industry-first, customer payments are recognized instantly, and automated receipts are sent via WhatsApp and email. The solution creates the first fully automated digital deposit and payment tracking system in Sri Lanka's real estate sector. The Prime Group believes property ownership deserves to be crafted to the measure the highest ideals. The Prime Edge mobile application delivers a complete real estate experience directly to the smartphone. Customers enjoy the luxury of managing their property journey digitally. They can also browse properties, track purchases, monitor payments, and even earn through referrals. The Prime Group invites customers to step into the future of property investment with Prime Bee. The AI-powered property assistant guides customers, with both text and voice interactions. Prime Bee helps to explore options, make informed decisions, and receive personalized support instantly. In partnership with Apartner (Pvt) Ltd, Prime Group introduced smart property management for 43 by the Sea Apartments, allowing residents to manage bills, maintenance, visitor access, and bookings through a dedicated app. Prime's in-house IT division, led by Chief Information Technology Officer Mr. Rasika Udayanga, drives these innovations through dedicated SAP and infrastructure teams. Their expertise integrates banking, ERP, and customer platforms while ensuring security and seamless stakeholder experiences. Rasika Udayanga, elaborated, “Prime’s technology ecosystem is designed to transform the real estate experience from the ground up. Integrating advanced digital tools into every stage of the journey, Prime Group is delivering unmatched transparency, efficiency, and value to our customers.” These comprehensive digital solutions address longstanding challenges in accessibility, payment processing, and customer support, positioning Prime Group as the definitive digital leader in Sri Lanka's real estate sector setting new industry standards for transparency and operational excellence. IMAGE
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Prime Group makes history with Sri Lanka's first luxury real estate client experience initiative 'Prime Premier'-First-of-its-kind premium initiative revolutionizes real estate industry in Sri Lanka-Celebrating three decades of industry leadership, Prime Group, Sri Lanka's most distinguished and pioneering real estate developer, unveiled 'Prime Premier', an exclusive client experience initiative designed to transform how discerning clientele engage with real estate.Located at No. 226, Lake Drive, Colombo 08, the sophisticated facility was ceremonially inaugurated by Prime Group's Chairman, Chairperson and CEO in the presence of distinguished officials and invitees. The visionary initiative is part of Prime Group's anniversary celebrations to showcase the company’s proven commitment to excellence, trust, and client satisfaction.Prime Premier emerges as the real estate industry's first bespoke client experience initiative of its kind in Sri Lanka, introducing revolutionary paradigms in client relationships, establishing an unparalleled industry benchmark. The pioneering approach highlights the Group's leadership in driving sector-wide progressive change.Prime Group Chairman Brahmanage Premalal stated, "Prime Premier is the culmination of our three-decade journey and illustrates how deeply we value our clientele. The initiative surpasses conventional spaces to deliver an immersive experience in luxury real estate engagement. Our commitment extends beyond traditional property transactions to create bespoke experiences that perfectly align with our clients' future aspirations and sophisticated expectations."Distinguished from conventional offices, the initiative offers an elegant and refined ambiance, enabling clients to explore opportunities in a relaxed, pressure-free environment at their preferred pace. The refined setting is equipped with modern technology and supported by a dedicated team of seasoned industry professionals. The facility also seamlessly blends comfort with sophistication, where every interaction is both productive and pleasurable.In today's competitive luxury market, Prime Group's Prime Premier stands as a strategic investment, distinctly positioning the company as the industry's foremost innovator. The pioneering initiative is a catalyst that elevates Prime Group above industry peers. As a platform, the initiative provides the foundation to cultivate enduring client partnerships and drive sustainable growth, enhancing Prime Group’s reputation and deepening trust as Sri Lanka's most reliable luxury real estate advisor.The Prime Premier initiative demonstrates Prime Group's continued dedication to setting new industry standards, honouring three decades of outstanding service to Sri Lanka's most discerning property investors and homeowners.
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Prime Group’s Legacy in Real Estate Featured in Kotler’s Essential of Modern Marketing
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Marking a Historic Milestone, Prime Group and FSLGA seal public-private synergy to elevate Local Government capacity nationwide
READ MOREPrime Group, Sri Lanka’s premier real estate developer, comprises a dynamic portfolio of subsidiaries. Together, we create innovative and value-driven solutions to fulfill every property need.
Prime Lands Residencies PLC
Bhoomi Reality Holdings
Prime Group Dubai
Prime Lands Australia
The Regent
Prime Premier
Prime Construction
