📈 Sampath Bank & Prime Group Launch 0% Equity Housing Solution

Sampath Bank PLC has partnered with Prime Lands Ltd. and Prime Lands Residencies PLC to introduce a unique financing facility aimed at easing property ownership in the real estate sector. • The Offer: Customers can access a 0% equity financing solution, removing the traditional requirement for an initial down payment on selected condominium projects. • Financing Structure: • For completed projects, the bank will finance 100% of the purchase price or loan amount. • For under-construction projects, 30% of the purchase price will be released upfront to provide financial flexibility for both buyers and developers. • Strategic Impact: This initiative addresses a primary barrier to homeownership in Sri Lanka—upfront capital—while supporting the growth of the construction and condominium markets. • Eligibility: The facility is exclusive to condominium properties developed by Prime Group that maintain an existing partnership with Sampath Bank. This collaboration leverages Sampath Bank’s financial expertise and Prime Group’s three-decade track record to create accessible pathways for middle and high-income homeowners.