Home Tags Posts tagged with "apartments in Colombo"
Tag:

apartments in Colombo

Uncategorized

Apartment Living in Sri Lanka -Exploring the Latest Trends 

by Catalina Forbes
written by Catalina Forbes

Sri Lanka’s urban landscape is rapidly evolving, with apartment living becoming increasingly popular. As more people gravitate towards city life, several trends are shaping the way Sri Lankans approach apartment living, blending modern comforts with traditional values.

Minimalism

Minimalism has become a cornerstone of modern apartment living in Sri Lanka. With the shift towards smaller, more efficient living spaces, residents opt for sleek, clutter-free designs emphasising functionality. Clean lines, neutral colour palettes, and multi-purpose furniture are popular choices, allowing residents to make the most of their space while maintaining an airy, open feel. This approach reflects contemporary global design trends and aligns with the Sri Lankan ethos of simplicity and mindfulness. Cinnamon Life Apartments offers living spaces that are perfectly in line with these trends

Sustainable Living

Sustainable Living – Photo by CoWomen on Unsplash

Sustainability is another key trend, with many apartment dwellers in Sri Lanka embracing eco-friendly practices. Green building materials, energy-efficient appliances, and water-saving fixtures are increasingly common in new developments. Moreover, residents are becoming more conscious of their environmental impact, with recycling programs and community gardens gaining traction. This shift towards sustainable living not only reduces the carbon footprint but also fosters a sense of responsibility and connection to the environment.

Embracing Nature

Sri Lankan apartments are increasingly designed to bring the outside in, with a focus on natural light, ventilation, and greenery. Large windows, balconies, and indoor plants are becoming standard features, creating a seamless connection between the indoors and the lush landscapes outside. This trend reflects the island’s deep connection to nature, offering residents a tranquil retreat amidst the hustle and bustle of city life.

Colombo – The Hotspot for Apartment Living

Colombo has emerged as the epicentre of apartment living in Sri Lanka. The city’s skyline is rapidly transforming, with high-rise developments offering luxurious amenities and breathtaking views. Colombo’s appeal lies in its vibrant lifestyle, where residents have easy access to shopping, dining, and entertainment options. The city’s cosmopolitan vibe, coupled with the convenience of urban living, makes it the ideal location for those seeking a dynamic yet comfortable home environment. When it comes to apartments in Colombo, there are plenty of high-end options with great amenities to choice from as well.

0 comment
0 FacebookTwitterPinterestEmail
Apartment LivingInteriorsLive

Living in an apartment? –  Learn how to Craft the Perfect Home Office Setup 

by Pushpitha Wijesinghe
written by Pushpitha Wijesinghe

Setting up a home office in an urban apartment can be a challenge, but with a little creativity, you can create a workspace that is both functional and inspiring. Here’s how to craft the perfect home office setup that blends seamlessly into your urban living environment.

Choose a Theme

The first step in creating your home office is to choose a theme that reflects your style and complements the rest of your apartment. Whether you prefer a minimalist aesthetic, a modern look, or a cosy, eclectic vibe, having a consistent theme will help create a cohesive and visually appealing space. This theme will guide your choices in furniture, colours, and decor, making your workspace feel like a natural extension of your home.

Incorporate Some Greenery

Adding plants to your home office is an easy way to bring life and vibrancy to the space. Greenery not only enhances the aesthetic appeal but also improves air quality and boosts your mood. Consider placing a small potted plant on your desk or hanging a few planters on the wall. If space is limited, even a single succulent can make a big difference in making your office feel fresh and inviting.

Pick Out the Right Desk

Functional Desk – Photo by Grovemade on Unsplash

Choosing the right desk is crucial for both functionality and comfort. Look for a desk that fits your space and meets your needs—whether you need ample surface area for multiple monitors or a compact option for a laptop. Consider a desk with built-in storage or a sleek design that maximizes space in your urban apartment. Your desk should be a focal point of your home office, providing a sturdy and practical foundation for your work. Apartments in Colombo such as those by Cinnamon Life Apartments are spacious and located in the heart of the city allowing you to create a great home work space.

Organizing Upwards

In an urban apartment, space is often at a premium, so it’s important to think vertically when organizing your home office. Utilize wall-mounted shelves, pegboards, and storage units to keep your workspace tidy and free of clutter. This not only helps maintain a clean and organized desk but also makes the most of the vertical space, giving you more room to work comfortably. By organizing upwards, you can keep your office essentials within reach without sacrificing valuable floor space.

 

0 comment
0 FacebookTwitterPinterestEmail
Colombo
Apartment LivingInvestInvesting

Everything You Need To Know When Investing In Your New Apartment – The Do’s and Don’ts of Investing in an Apartment

by auburn
written by auburn

Investing in apartment buildings, especially multi-family apartment buildings, has become a common venture for those dipping their toes into the investment business. They are in some ways, easier to understand than other properties as most people have lived in/around an apartment building at some point in their life. Despite this, some factors should be taken into deeper consideration.

The Market

It’s a golden rule of business to observe and understand the current market conditions of any project or industry you’re involved with. In this case, you should be familiar with such things as market cycles and their implications on investing, as well as economic conditions that could affect rental demand. It’s a bit of a rabbit hole when it comes to this kind of research, so once you get into it – there’s no limit to the kind of information you could find.

The Competition

Yet another golden rule of business – know the competition. Here, it means to know what conditions similar apartments are operating under; their rent, the amenities on offer, and vacancy rates. While certain apartments such as Cinnamon Life Apartments in Sri Lanka offer many in the way of amenities, this may not be the case for competitors. You could even take this a step further and look at upcoming apartments, or planned apartments. This will help you understand what could affect the value of the property you’re investing in.

The Conditions

Apartments in Colombo

Apartments in Colombo – Photo by Sadeep Jayashankha on Unsplash

As part of your evaluation of the property, you should look into the things that make the apartment function – such things as ventilation, plumbing, shelter, and so on. A lot of apartments in Colombo may not need such stringent procedures, but it’s better to do your due diligence. If these centralized systems need repair, it changes things with regard to your cost structure and forces you to re-evaluate your total investment cost. In addition to these central systems, you should also analyze the units themselves, as to their general condition and aesthetics.

The Occupancy

It’s important to understand where the apartment lies, in terms of occupancy. Is the vacancy rate too high? If so, you should try and endeavour to find out why – it could mean that the asking rates are too high, or a certain facet of the building is unattractive. Knowing this information could help you solve the issue in the long run, therefore maximising your profit margins.

0 comment
0 FacebookTwitterPinterestEmail
Interior
Apartment LivingArchitectureInteriors

Real Estate Trends to Look Out for in 2023 – Smarter, greener, and Spectacular 

by auburn
written by auburn

The real estate market keeps growing despite the challenges it faced in the past few years. While the market is influenced by many factors including economic conditions, government policies, and demographic trends, you can notice a few trends that are likely to shape the market in 2023.

Urban Housing

As more people move to cities for work and other opportunities, the demand for housing in urban areas is likely to continue to increase. This could lead to rising home prices in these areas, as well as an increase in the construction of new high-rise residential buildings. Apartments in Colombo are expecting a surge in demand, and a great option to check out if you’re interested would be Cinnamon Life Apartments.

Smart Home Concept

Another trend to watch is the increasing popularity of “smart homes.” These are homes that are equipped with advanced technologies such as smart electricity, security systems, and home automation systems. As more people become interested in the convenience and energy efficiency offered by these technologies, demand for smart homes is likely to increase.

Sustainability

Cinnamon Aapartments

Cinnamon Aapartments – Image via Cinnamon Life

Sustainability is a great trend that has surfaced to shape the real estate market in 2023. Many buyers are interested in homes that are energy efficient and have green features such as solar panels and rainwater harvesting systems. Bringing more green to home interiors, sky gardens, and more eco-friendly practices are trending in 2023.

0 comment
0 FacebookTwitterPinterestEmail
Apartment LivingArchitecture

The Demand for Apartments in Colombo – The Shift to Upscale Living

by Kanya Mae
written by Kanya Mae

The Western Province in Sri Lanka is the most populated area of the country, regardless of it being home to only 6% of the land area. Due to the growing population in Colombo and its suburbs, the market for apartments faced an uphill climb.

Image credit-Unsplash,Sidekix ,CC0

Apartment Culture in Sri Lanka

Although it may not have been as common as it’s been in the Western world, apartments were still in existence in Sri Lanka. However, with a changing lifestyle and a fast-paced environment, preferences of residencies have shifted from houses to apartments, which resulted in many real estate projects dedicated to the building of luxury apartments in Colombo to commence in the recent past.

How Did the Transition Take Place?

The transition from single-family units to high-density communities will not be as simple as it sounds, owing to centuries of traditions that have become the identity of the local people. However, urban development and apartment projects like Cinnamon Life Apartments that have encouraged the convenient living concept has been able to attract the busy bees of the city to apartment housing.

The Growing Demand

The demand for apartments has faced a staggering growth in the recent past that most project that are still in the building phase have already been reserved with down payments. While the apartment market in Colombo is mostly categorised under luxury living, affordable accommodation is parallelly being built in suburbs and other areas of the Western Province that are considered affordable by mid-level income earners.

More Segments

Although apartment projects in Sri Lanka began as a market catered to high income earners, in present day, developers have shifted their focus towards making these constructions affordable and reachable for middle- and low-income earners. This also resulted in the elimination of shantytowns, shifting to formalised apartments.

0 comment
0 FacebookTwitterPinterestEmail
Apartment Living

Read This Before Buying an Apartment in Sri Lanka – Choosing the Right Home

by Scarfer Haxor
written by Scarfer Haxor

While there are many apartments in Sri Lanka on offer for potential buyers, not all are created equal; here are some things to keep in mind to help you make the right choice.

Image credit- Unsplash,
Francesca Tosolini,CC0

Experienced Developer

To buy an apartment is to make a considerable investment and of course, you want to ensure your new home is as advertised and promised. To avoid disappointment, ensure you select a trusted property developer such as Prime Residencies that has over 25 years of experience in the industry; you can be ensured of the highest quality standards, finest fittings and dependable delivery for ongoing projects.

Ideal Location

The apartment’s location is also important and will add greatly to the convenience. For example, when it comes to apartments in Colombo, those situated close to schools, offices, hospitals and supermarkets as well as shopping, dining and recreation hotspots are ideal. Of course, you can also find such suitable places to stay in the suburbs as well as coastal destinations like Negombo, perfect for a holiday home.

Design & Layout

An attractive home is something every homeowner desires and finding an apartment that meets your needs and expectations is vital too. Check the layout of the living space, floorplan and design along with aspects like wall and floor finishes and pantry fittings; also see if the number of bedrooms matches your requirements, how much space and natural light there is and what kind of views you can enjoy.

Onsite Facilities

Amongst the joys of moving into apartments in Sri Lanka is the diverse onsite facilities that will be available. Features like a swimming pool, gym and rooftop terrace are ideal for both recreation and relaxation. Some will come with added elements like a yoga or viewing deck and multifunction or meeting rooms, while parking, backup generators, CCTV cameras and 24-hour security are good to have too.

0 comment
0 FacebookTwitterPinterestEmail
Apartment LivingDesignInteriors

Apartment Interior Design Trends in 2022 – Elevate your living space

by Scarfer Haxor
written by Scarfer Haxor

From bringing the natural world indoors, incorporating textured fabrics and introducing dark and earthy tones, these top interior trends will elevate your home.

Image credit- Unsplash,CC0

Black Accents

Black accents and hardware are a home trend that will gain popularity in 2022. It’s a great way to add edge and depth to more naturally minimalist spaces. Opt for light and natural colors for main elements in the space and incorporate black accents for contrast.

Natural lighting

Multi-functional living spaces with easy access to views and daylight will remain key especially to apartment living in 2022. Large windows and high critical are ideal to enhance the views and provide abundant light. Apartments in Colombo the likes of TRI-ZEN offer ample options for natural light.

Textured Fabrics

Velvets, Sherpa and boucles are the fabrics of the hour this year, and for good reason. Cozy fabrics such as these not only feel amazing but look incredibly chic and luxurious. Fringes will also happen to take a front seat in 2022, on furniture especially ottomans and sofas.

Mixing dark and earthy tones

For 2022, many interior designs will shift from dark and moody to rich and deep tones in copper, brown and earthy shades coming into play with a solid mix of gray and black. Decorate with sofas with chairs or sofas with curves or soft lines to really play into this shift.

More houseplants

Wellness is becoming increasingly important. This is why indoor plants are ideal to promote clean air and create a calming effect in your apartment. Living walls and hanging plants are a great way to decorate amenity spaces.

0 comment
0 FacebookTwitterPinterestEmail
Apartment LivingInvest

Sri Lanka real estate market set to face undersupply of apartment stock – Reasons behind the theory

by Scarfer Haxor
written by Scarfer Haxor

In recent months the Research Intelligence Unit discussed the topic and found that Sri Lanka’s economy has been surviving with great resilience. Nonetheless, where real estate is concerned the country will see a decline in real estate assets including apartments due to a number of factors.

Image credit- Unsplash,Maria Ziegler,CC0

Invest today

Those who wish to invest in apartments in Colombo should consider this the right time. Interest rates are at an all-time low and the value of the rupee is depreciating making it more affordable to those who earn in ponds and dollars.

Hiked costs

The currently ongoing apartment projects suffer today as the depreciation of the rupee and the restrictions on imports have caused a cost hike to developers. This makes a future undersupply the realistic thing to expect.

FDI decline

Foreign Direct Investment is key when it comes to selling futuristic, high-end homes like those at TRI-ZEN. With the decline in FDIs in Sri Lanka, sellers will also be stagnant where sales are concerned.

Technology adoption crunch

Many buyers are now looking into the integration of technology into homes to make lifestyles more convenient. Local developers find this a challenge with heavily taxed imports and financial constraints.

0 comment
0 FacebookTwitterPinterestEmail
TRI-ZEN
Apartment LivingLive

Top Apartment Living Tips – Finding & Creating the Perfect Home

by auburn
written by auburn

The top apartment living tips include finding a central location, making use of apartment features and onsite facilities and exploring the area.

Apartments make ideal homes though it helps if you keep the below things in mind which will enhance the overall experience for you and your loved ones.

Find a Central Location

Find an apartment that’s centrally located in proximity to your workplace as well as to schools, hospitals and supermarkets. The time saved on commuting will be a true blessing! Additionally, see what the neighbourhood is like and if it has options for recreation, shopping, dining and entertainment.

Make Use of Special Features

TRI-ZEN

Img via TRI-ZEN

Don’t forget to make use of any special features that can add to the convenience and comfort. When taking apartments in Colombo for example, properties like TRI-ZEN offer smart technology; this means you can use various smart devices and appliances including those for lighting, security and entertainment through your smartphone or voice control.

Enjoy the Added Facilities

Amongst the perks of staying at an apartment is the access to a range of onsite facilities so don’t forget to enjoy them. Ideally, the property you choose should have space for jogging, a swimming pool, a gym and a spot for yoga. If it also has a play area for kids, poolside lounge, entertainment deck and options for sports like badminton, all the better!

Explore the Neighbourhood

By choosing a central area to live in, you can explore your surroundings with ease with plenty of fun things to do nearby. You could find yourself enjoying walks at nearby parks, embarking on foodie tours at local restaurants and cafes, watching the latest play or movie or getting some retail therapy at neighbourhood malls.

1 comment
0 FacebookTwitterPinterestEmail