Mulberry Residencies

Mulberry Residencies is conveniently located in Colombo 09 with easy access to essential infrastructure and facilities such as schools, hospitals, supermarkets and much more. The complex includes three 14-storey towers, totalling 121 affordable luxury apartments with state-of-the-art facilities and amenities, including two gymnasiums and two swimming pools. The apartments consist of a master bedroom and attached bathroom, state-of-the-art kitchen, open plan sitting and dining room with balcony, secondary bedroom, visitor’s bathroom and maid’s toilet and drying area.

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Mulberry Residencies

Our Investment Strategy

SCI advised on the acquisition, sales, and project management of a one-acre condominium project. An affordable residential project under construction in Colombo 09, the project is 220,000 sq ft GEA with 121 flats. A mixture of 2 bedroom units measuring 1,000 sq ft and 3 bedroom units measuring 1,400 sq ft.

Focusing on an untapped opportunity at the time of development, we cultivated an edge over other competitors due to our value proposition at an affordable price. The value proposition included the ease of access to leading schools and other essential establishments and institutions.

Acquisition Price

£ 3.1 Mn

Disposal Strategy

£ 9.37Mn

Mulberry Residencies
Mulberry Residencies
Mulberry Residencies
Mulberry Residence
Mulberry Residencies
Mulberry Residencies
Mulberry Residencies
Mulberry Residencies
Mulberry Residencies