📈 Home Lands Fast-Tracks Negombo’s Bayfonte Marina Construction
Construction of the Bayfonte Marina Tourist Resort Apartments and Residencies in Negombo has hit a major milestone, with piling work completed one month ahead of schedule. This development marks Sri Lanka’s first dedicated tourist resort apartment complex. • Construction Progress: Access Engineering PLC completed high-quality piling within two months using five state-of-the-art machines. The project is now in "full swing" under Heyraa Construction Ltd, a CS2-graded firm. • Sales & Demand: The project is already over 70% sold out within months of its 2025 launch, reflecting strong global and local investor appetite. • Project Scale: The luxury waterfront development features 288 luxury apartments and 33 exclusive villas overlooking the Negombo lagoon. • Economic Impact: Positioned as a catalyst for Negombo’s shift from a transit hub to a top-tier destination, the project boosts the real estate and tourism sectors through high-end managed services and world-class amenities (marina, private pier, and jet ski access). • Awards: Recognized at the PropertyGuru Asia Property Awards as the "Best Waterfront Condo Development – Sri Lanka 2025". The development, a US$ 40 Mn investment, is strategically located near the Bandaranaike International Airport, enhancing its appeal for international ICT/BPM professionals and luxury travelers.