DOCSLIB.ORG

Research Intelligence Unit RESEARCH INTELLIGENCE UNIT

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Research Intelligence Unit RESEARCH INTELLIGENCE UNIT Research Intelligence Unit RESEARCH INTELLIGENCE UNIT Sri Lanka Real Estate Market Report 2021 Real Estate Market Update KeyPrepared Highlights for RIL Properties ByJuly Research 2020 Intelligence Unit (RIU) Research Intelligence Unit RESEARCH INTELLIGENCE UNIT Economic Performance Economic Indicators Research Intelligence Unit 10.0% RESEARCH INTELLIGENCE UNIT 5.2% GDP Growth Rate 2020 Following the negative economic impact from 5.0% • 2.4% 2.3% the April 2019 Easter attacks, Sri Lanka 0.0% progressed towards a gradual recovery in early -0.4% Bangladesh Bhutan Nepal Pakistan Afghanistan Sri Lanka South Asia India Maldives 2020. -5.0% -5.0% -5.5% -6.8% • However, occurrence of the COVID-19 pandemic -10.0% -9.0% halted the progress, with the economy -15.0% experienced downward pressure, as the global economy, as well as the outrys main export -20.0% markets. -20.5% -25.0% • According to ADB, Sri Lakas GDP contracted by 5.5 percent in 2020 and expect to grow by 4.1 GDP Growth Rate 2021 Forecast percent in 2021 12.00% 10.50% • The forecast for the following year seems to be 10.00% a lot more optimistic as industries bounce back 8.00% 8.00% 7.10% 6.80% 6.00% 4.10% 4.00% 2.00% 1.70% 2.00% 1.50% 1.50% 0.00% Maldives India South Asia Bangladesh Sri Lanka Pakistan Bhutan Afghanistan Nepal Source: ADB, RIU Economic Indicators Research Intelligence Unit 4.3% RESEARCH INTELLIGENCEInflation UNIT 4.2% 4.2% 4.2% 4.2% 4.1% 4.1% 4.1% 4.1% 4.0% 4.0% 4.0% 4.0% 3.9% Jul Aug Sep Oct Nov Dec CCPI (Y-o-Y) • Sri Lakas 12-month consumer inflation edged up to 4.2 percent at the end of the year. • Food & Non-food prices driven mostly by a rise in transport costs. Source: RIU, CBSL Economic Indicators Research Intelligence Unit Exchange Rate RESEARCH INTELLIGENCE UNIT 186.5 186.1 186 185.8 185.6 185.5 185.5 185 LKR/US$ 184.5 184.2 184.2 184 183.5 183 Jul Aug Sep Oct Nov Dec Historical • Sri Lanka has maintained a stable rupee and created conditions to bring back foreign investors to capital markets during 2020. • However, as of today we see the rupee has fluctuated during the past two weeks and has escalated to LKR 192.7 against the USD. Source: RIU, CBSL Economic Indicators Interest Rates Research Intelligence Unit 14.00% RESEARCH INTELLIGENCE UNIT 12.29% **AWPR: Average Weighted Prime 11.84% Lending Rate- The weights average 12.00% 11.21% of the rate at which the 10.82% 10.55% commercial banks have lent to 10.00% their best customers. ***AWLR: Average Weighted 8.00% 7.47% 6.66% Lending Rate 6.19% 5.85% 5.83% 5.81% 6.00% • Downward pressure has 4.00% been a global trend 2.00% 0.46% 0.44% 0.36% 0.33% 0.33% 0.34% 0.00% Jul Aug Sep Oct Nov Dec AWPR AWLR LIBOR (US$ 1Yr) Month end • Low interest rate regime continued in the past 3 quarters & Investors benefitted with drastic drop-in interest rates. • Drop-in interest rates, however, is a great opportunity to obtain long-term loans at low-interest rates • Individuals who depend on interest earnings looked out for alternative investment opportunities Source: RIU, CBSL Economic Indicators – Share Market Stats Research Intelligence Unit Change in ASPI RESEARCH INTELLIGENCE UNIT ASPI ASPI (M-o-M) 8000 14.00% 12.30% 6,774.22 7000 6,243.76 12.00% 5,984.84 5,726.59 10.00% 9.03% 8.50% 6000 5329.33 8.00% 5000 6.00% 4.00% 4000 4.00% 2.00% 3000 -0.48% 0.00% 2000 -2.00% July August September October November December -4.32% 1000 -4.00% -6.00% 0 ASPI (M-o-M) August September October November December • The share market was one of the 1st sectors to be hit, back in March 2020. • However, from the data we could see the CSE is particularly encouraged by the interest of local investors since recommencing trading operations, who have demonstrated an appetite for the attractive valuations in the market Source: RIU, CBSL A Silver liig for Touris o Real Estate Research Intelligence Unit Change in Tourist Arrivals RESEARCH INTELLIGENCE2018 UNITComparison 2019 Comparison 2019 2020 0% 0.0% 0.0% 0.0% Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun -10% -4.5% -6.5% -9.5% -20% -17.7% -30% -22.5% -27.7% -28% Change in Tourist Arrivals -40% -50% -47% -60% -57% -70% -70.8% -80% Tourist Arrivals (Y-o-Y) • The number one source for luxury apartment sales are the local HNIs and expats. Since the airports are being closed from the beginning of last year, we witnessed prospective overseas buyers, including investors and end users at advance stages of negotiations pressed the pause utto. • Overall, the country attracted merely 507,000 arrivals in 2020 compared to 1.9 Mn arrivals in 2019. • However, a silver lining to be seen in 2021, as Sri Lanka Tourism has prepared to resume tourism gradually in Q1 2021. Source: RIU, SLTDA RESEARCH INTELLIGENCE UNIT Luxury, Semi-Luxury Apartment Market Overview • In order to better understand the dynamics of the apartment market in Colombo, RIU has been developing a classification of the Research Intelligence Unit market into three tiers. RESEARCH INTELLIGENCE UNIT Type of Facilities We consider several factors that include the price, 24 Security locations, size and the branding of the development CCTV as well as the features that are available. Fire protection & Detection System Garbage Disposal System The luxury apartments market can be categorized Elevators into upper, upper-mid and mid-range. Hot water Geysers (Tier 3) Children Play Area The table on the left provides a guide for Vehicle Park understanding the market with reference of facilities. Private Balcony MARKET (Tier 2) Stand by Generator Air-conditioned apartment Block MID RANGE OF THE MARKET UPPER MID RANGE OF THE Gymnasium Swimming Pool WiFi Laundry Service Elevator Central Gas Supply system Children Pool Games room (Indoor) Banquet Hall Changing & Meal Room for Driver Convenience Store Walking Tracks, Squash, Tennis Court, Basket Ball ground Salon/Sauna Restaurant/Bar Source: RIU Business Center UPPER END OF THE MARKET 1) (Tier Weighted Avg. Price (USD/ LKR/ Sq. Ft.) Research Intelligence Unit Tier 1 Tier 2 Tier 3 Category Locality RESEARCH INTELLIGENCE UNIT 2019 2020 2019 2020 2019 2020 Colombo 01 $337 $337 $220 $220 Colombo 02 LKR LKR LKR LKR Prime -- Colombo 03 62,682 62,682 40,920 40,920 Colombo 07 Colombo 04 Colombo 05 Colombo 06 Colombo 08 $227 $227 $127 $110 LKR LKR LKR LKR Non-prime Colombo 09 -- 42,222 42,222 23,622 20,460 Colombo 10 Colombo 12 Colombo 14 Colombo 15 • Wee segregated prime & non-prime residential locations according to specific areas. We could see Colombo prime locations such as Col, 01, 02, 03 & 07 fetches the highest prices in Colombo • In 2020, Luxury (tier 1) & Semi Luxury (tier 2) prices remained unchanged. However, Tier 3 Prices have reduced by around 15% Source: RIU Research Intelligence Unit RESEARCH INTELLIGENCE UNIT • According to research in 2020 Q3 & Q4, the interest in property among buyers grew. • We noticed a rise in expats looking to buy properties in Sri Lanka as their second home. Investors looked for good bargains during this time. • In the Tier 3 market, Developers and Sellers offered discounts of up to 15%. Maximum Discount (Tier 3 Market) Category 2020 Q3 2020 Q4 Tier 3 10% 15% • Reduction of housing loans by some banks to below 10% had a positive effect on the affordable and mid range property market. Source: RIU Investment potential in property development Research Intelligence Unit RESEARCH INTELLIGENCEAbsorption % UNIT • New apartment supply didt add up to the inventory last year. However, with the existing supply, tier 1 apartments had Absorption % a slow progress in 2020 but we saw an escalation in sales for Category 2019 2020 Change tier 2 & tier 3 apartments in the last two quarters. Tier 1 69% 73% Up • Sales velocities of apartments have faltered in the short term. Tier 2 67% 83% Up Tier 3 44% 57% Up • And we know Sri Lanka has maintained its reputation for having one of the highest rental yields in the region over the past few years. There are instances it went up to 9%. Monthly Rental Rate $US/ sq. ft Last year the rental yields were between 3 – 4% due to COVID Rental (US$/ Sq. ft.) • Because the rental demand in Colombo by the expatriate population crashed. Category 2019 2020 Change Tier 1 1.55 1.45 Down • Especially the luxury apartment market, because it mainly caters to HNIs, expatriates, politicians and foreigners. • It is expected that rental yields will continue to be low in the Rental Yields short term. Percentage (%) • We see this as a temporary slump in rental demand, and Category 2019 2020 Change having resourceful expats all around the globe, we All tier 7% 3 - 4% Down undoubtedly see it bounce back in the short – medium term Source: RIU Research Intelligence Unit RESEARCH INTELLIGENCE UNIT Commercial Real–Estate Market in Sri Lanka Location wise Absorption of Grade A & B Offices Research Intelligence Unit AbsorptionRESEARCH % INTELLIGENCE UNITUSD / Sq. Ft. Category Area 2019 2020 Change Category Area 2019 2020 Change Colombo 1 Colombo 1 Prime Colombo 2 76% 68% Down Prime Colombo 2 2.17 2.17 Static Colombo 3 Colombo 3 Colombo 4 Colombo 4 Colombo 5 Colombo 5 Non-Prime Colombo 9 65% 48% Down Non-Prime Colombo 9 1.69 1.52 Down Colombo 10 Colombo 10 Colombo 15 Colombo 15 • Most of the Grade A offices locate in the prime areas in Colombo.
Load more

Recommended publications
  • Superb Sri Lanka
    SUPERB SRI LANKA Starting From :Rs.:16529 Per Person 5 Days / 4 Nights KANDY | BENTOTA | COLOMBO .......... Package Description SUPERBDay 1: Arrive in ColomboSRI LANKA - Pinnawala - Kandy - city tour Kandy.captivityorphanageWelcome in to isthe Sri an world.Lanka. also breedingArrive Arrive in at paceKandy Colombo for and elephants, airport check andin the at transfer hotel.first elephant Later to Kandy proceed baby via was forPinnawala Kandyborn in city Elephant1984, tour and with Orphanage. it has cultural the greatest show. This 24 Overnight herdacres of large elephants stay elephant in in plantsAfterDay 2: breakfast, andKandy creepers. - Bentota proceed Arrive to Bentota.in Bentota En and route check visit in Royal at hotel. Botanical Overnight Gardens stay -in Peradeniya. Bentota. There are more than 5,000 species of trees, EnjoyDay 3: your Bentota day at beaches of Bentota. Overnight stay in Bentota. ThisDay 4:morning Bentota check - Colombo out from - City hotel Tour & transfer to Colombo. Colombo is the largest city and commercial capital of Sri Lanka. While on your OvernightIslamTradecity tour andCenter in Christianstay Colombo towers, in Colombo. places youOld mayParliament of worship.visit famous Building, For shopping,places Fort including district, you may Independence Galle visit Face Odel, Green, House Hall theat of Independence Viharamahadevi Fashion, Beverly Square, Park, Street, and National Majestic prominent Museum, City, Buddhist, Noritake, Twin World Hindu, etc. AfterDay 5: breakfast Colombo it’s - Departure time to check out. Transfer to the airport for your onward flight or back home. .......... Itinerary Day.1 Day 1: Arrive in Colombo - Pinnawala - Kandy - city tour Welcome to Sri Lanka. Arrive at Colombo airport and transfer to Kandy via Pinnawala Elephant Orphanage.
    [Show full text]
  • Explore Sri Lanka
    EXPLORE SRI LANKA CHECK OUT THE UNIQUE OFFERS INSIDE FOR THESE ELIGIBLE BRANDS: RETAIL DINING & RESTAURANTS ODEL Berlin Sky Lounge RECEIVE A ENJOY 10% OFF 10% DISCOUNT YOUR MEAL ON YOUR PURCHASE The Goldblock, 101/11 Hunupitiya Lake Road, Colombo 2 1st, Floor Capital Mall, No 135, Dutugemunu +94 11 4366388 Thalawathugoda Street, Kohuwala +94 113 357900 +94 114 542756 286, Highlevel Road, No 29A, Jayathilake Colombo 6 Mawatha, Panadura IL Cielo +94 114 209139 +94 384 285008 ENJOY 10% OFF 385, Negombo Road, No 322, Koswatte, YOUR MEAL Wattala Battaramulla +94 11 2980171 +94 114 641400 The Goldblock, 101/11 Hunupitiya Lake Road, Colombo 2 G-3, Udeshi City Shopping No 4, Hotel Road, Complex, Makola Road, Mount Lavinia +94 11 4366355 Kiribathgoda +94 114 640490 +94 114 641961 No 5, Alexandra Place, Level 3, Kandy City Centre Colombo 7 Loon Tao 5, Dalada Veediya, Kandy +94 114 625800 ENJOY 10% OFF +94 81 2205382 No. 53, Hospital Road YOUR MEAL K Zone, Ja-Ela, Kalubowila Gampaha +94 113 383833 Race Course, Philip Gunewardena Mawatha, +94 112 071071 Colombo 7 No 89A, New Galle +94 11 2698989 No 1-29, Majestic City, Road, Moratuwa Galle Road, Colombo 4 +94 114 209571 +94 112 595763 Tsing Tao Maximum discount per transaction of LKR 1000. Offer valid 1-December-2016 to 31-May-2017. ENJOY 10% OFF YOUR MEAL 43/12 College Avenue, Mount Lavinia +94 11 2722723 Above offers valid 1-December-2016 to 31-December-2017. RECEIVE A $10 DISCOUNT OFF ANY PURCHASE ABOVE $65 Flemingo Flow- Hilton Colombo Residencies Bandaranaike International Airport, Colombo, Sri Lanka ENJOY 15% OFF YOUR FINAL BILL +94 11 4696969 P.O.
    [Show full text]
  • News Round up 08.08.2018
    NEWS ROUND UP Wednesday,Augest 08th, 2018 Contents Sri Lankan stocks close down, foreign selling in JKH ............................................................................. 2 Sri Lanka’s Talawakelle Tea June quarter profit flat ................................................................................ 2 Sri Lanka CT Holdings to build multiplexes, mini-malls ......................................................................... 2 Sri Lanka to add 31 factories to Mirigama export zone ............................................................................ 4 First round of US tariffs on Chinese goods to hit $50 bn Aug 23 ............................................................ 4 India's biggest ride-hailing firm is coming to the UK ............................................................................... 5 Sri Lankan stocks close down, foreign selling in JKH Sri Lankan shares closed lower Tuesday with heavy foreign selling in John Keells Holdings boosting turnover to 1.9 billion rupees, brokers said. The All Share Price Index closed at 6,121.56, down 21.09 points or -0.34% while the more liquid SP SL20 index fell 16.13 points or -0.49% to close at 3,292.26. Block deals dominated the day’s activity accounting for 75% of the turnover with three crossings or off-the-floor negotiated deals in JKH where foreign investors sold and one each in Ceylinco Insurance and Seylan Bank. JKH closed at Rs136.50, down Rs1.50 (-1.09%) while Ceylinco Insurance ended unchanged at Rs1,750. Estimated net foreign buying was highest in Seylan Bank which closed at Rs80.90, up 20 cents (0.25%).(EconomyNext) Sri Lanka’s Talawakelle Tea June quarter profit flat Sri Lanka’s Talawakelle Tea Estates June 2018 quarter was virtually flat at 46 million rupees compared with a year ago, interim accounts showed. Sales were also flat at 1.1 billion rupees, according to interim accounts filed with the Colombo stock exchange.
    [Show full text]
  • Colombo Seven Colombo
    COLOMBO SEVEN COLOMBO JETWING COLOMBO SEVEN 57, Ward Place, Colombo, Sri Lanka Reservations: +94 11 4709400 Hotel: +94 11 2550200 Fax: + 94 11 2345729 E-mail: [email protected] Web site: www.jetwinghotels.com General Manager: Ms. Rookamanie Fernando 01. INTRODUCTION Colombo, the commercial capital of Sri Lanka, is a bustling city with a long history as a port on ancient east-west trade routes, ruled successively by the Portuguese, Dutch and British. Jetwing Colombo Seven, an urban resort situated in the heart of Colombo, offers the discerning traveller modern, contemporary accommodation surrounded by Colombo city life, and reflections of the times of colonial powers and foreign trade. Rising over the city landscape, the property boasts stunning views while being in close proximity to all the city attrac- tions. 02. LOCATION It is 33 km (approx. 60 minutes drive) from the Bandaranaike International Airport, while all main Colombo attractions are nearby. 03. ROOMS The hotel offers spacious rooms defined by a mod- ern ambience, with amenities set in minimalist con- tours of elegance and efficiency. 03.01 Total Number of Rooms Rooms Number Area Room area - 131.6 sqm Serviced Bathroom - 3.4 sqm 02 Apartments Living area - 53 sqm - 3 rooms Total area -188 sqm Serviced Room area - 74.3 sqm Bathroom - 3.4 sqm Apartments 05 Living area - 20 sqm - 2 rooms Total area -97.7 sqm Studio Room area - 30 sqm Apartments 21 Bathroom - 8 sqm -1room Kitchenette - 4 sqm Total area -42 sqm Room area - 27.4 sqm Super Deluxe 16 Bathroom - 8.1
    [Show full text]
  • Download Brochure
    Page 1 THE JEWEL OF SOUTH ASIA INTRODUCING COLOMBO’S PREMIER LUXURY LIFESTYLE DESTINATION Page 2 Page 3 City Core The Residences THE PRIDE OF SRI LANKA Office Beira Lake Renowned as the Pearl of the Indian Ocean, the tropical island nation of Sri Lanka has long captured the hearts of many with its rich cultural heritage, pristine beaches, lush nature, warm people, and now, a fast rising economy. ITC With the country’s growing eminence, Shangri-La, Asia Pacific’s leading luxury hotel, resort and residential group, has chosen to unveil its very first mixed development project — One Galle Face — in the heart of Colombo City. A fully integrated lifestyle destination for different communities, this iconic oceanfront development is an intimately woven tapestry of the best international and local brands. Epitomising the city’s vibrant energy, aspirations Galle and achievements, One Galle Face will become Face the pride of the city. Roof-top Garden THE MALL AT ONE GALLE FACE Hotel Ocean View 2 3 Page 4 Page 5 21.2 MILLION POPULATION IN 2016 CAPITAL SD SRI JAYAWARDENAPURA SD KOTTE 3.52 ILLION 3,759 IN REVENUE FROM TARGETED PER BUSINESS AND TOURIST ARRIVALS CAPITA INCOME IN 2016 IN 2016 FINANCIAL CAPITAL Source: Sri Lanka Tourism Source: Development Authority Trading COLOMBO Statistical Report Economics 2016 AREA SRI LANKA 65,610 SQ KM CLIMATE 14% FULFILLING TROPICAL 6.4% ROT AVERAGE GDP IN TORIST BETWEEN 2010 ARRIAL POTENTIAL MAJOR INDUSTRY TO 2016 TEXTILE, TOURISM, TEA Source: Source: Sri Lanka Tourism KEI Development Authority & MANUFACTURING Statistical Report 2016 A strategic trading hub since ancient times, Sri Lanka has emerged as one of the fastest growing economies in the world.
    [Show full text]
  • Your Guide to Living & Working in Sri Lanka
    INTERNATIONAL WATER MANAGEMENT INSTITUTE Your Guide to living & working in Sri Lanka January 2012 Your Guide to Living & Working in Sri Lanka Your Guide to Living & Working in Sri Lanka .......................................................................................... 2 Housing ................................................................................................................................................... 2 Security ................................................................................................................................................... 2 Schooling & Child‐care ............................................................................................................................ 3 Schools ................................................................................................................................................ 3 Shopping ................................................................................................................................................. 4 Domestic staff ......................................................................................................................................... 5 Embassies / Foreign Mission ................................................................................................................... 5 German ............................................................................................................................................... 5 Australian ...........................................................................................................................................
    [Show full text]
  • PUBLIC Dehiattakandiya M/B 027-577-6253 NO
    Showroom Name TelePhone Num Address HINGURANA 632240228 No.15, MUWANGALA ROAD. KADANA 011-577-6095 NO.4 NEGOMBO ROAD JAELA 011-577-6096 NO. 17, NEGOMBO ROAD DELGODA 011-577-6099 351/F, NEW KANDY ROAD KOTAHENA 011-577-6100 NO:286, GEORGE R. DE SILVA MAWATHA Boralesgamuwa 011-577-6101 227, DEHIWALA ROAD, KIRULAPONE 011-577-6102 No 11, HIGH LEVEL ROAD, KADUWELA 011-577-6103 482/7, COLOMBO ROAD, KOLONNAWA 011-577-6104 NO. 139, KOLONNAWA ROAD, KOTIKAWATTA 011-577-6105 275/2, AVISSAWELLA ROAD, PILIYANDALA 011-577-6109 No. 40 A, HORANA ROAD , MORATUWA 011-577-6112 120, OLD GALLE ROAD, DEMATAGODA 011-577-6113 394, BASELINE ROAD, DEMATAGODA, GODAGAMA 011-577-6114 159/2/1, HIGH LEVEL ROAD. MALABE 011-577-6115 NO.837/2C , NEW KANDY ROAD, ATHURUGIRIYA 011-577-6116 117/1/5, MAIN STREET, KOTTAWA 011-577-6117 91, HIGH LEVEL ROAD, MAHARAGAMA RET 011-577-6120 63, HIGH LEVEL ROAD, BATTARAMULLA 011-577-6123 146, MAIN STREET, HOMAGAMA B 011-577-6124 42/1, HOMAGAMA KIRIBATHGODA 011-577-6125 140B, KANDY ROAD, DALUGAMA, WATTALAJVC 011-577-6127 NO.114/A,GAMUNU PLACE,WATTALA RAGAMA 011-577-6128 No.18, SIRIWARDENA ROAD KESBAWA 011-577-6130 19, COLOMBO ROAD, UNION PLACE 011-577-6134 NO 19 , UNION PLACE Wellwatha 011-577-6148 No. 506 A, Galle Road, colombo 06 ATTIDIYA 011-577-6149 No. 186, Main Street, DEMATAGODA MB 011-577-6255 No. 255 BASELINE ROAD Kottawa M/B 011-577-6260 NO.375, MAKUMBURA ROAD, Moratuwa M/B 011-577-6261 NO.486,RAWATHAWATTA MAHARAGAMA M/B 011-577-6263 No:153/01, Old Road, NUGEGODA MB 011-577-6266 No.
    [Show full text]
  • Colombo City Tour Click Here to More Details
    John Keells Group - Confidential About Us Fulfilling travel dreams since 1969, we are not just another Destination Management Company. Believing in making dreams come true we move beyond our means to make travel dreams happen. With 49 years of experience in the FIT, GIT and MICE segments we have set the bar to the highest level of quality. Our holiday experts are driven to excel in serving our clients; with their passion for travel and leisure coupled with our extensive learning and development initiatives, they always deliver the most creative and imaginatively designed tours. In addition to offering more than just main stream tourism, we offer tailor- made tours as well as excursions that cater to various levels of interest. The specialized brand of Walkers Tours, “Nature Odyssey” focusses on designing and operating nature, wildlife and adventure relates travel. It offers a range of authentic experiences which will allow travelers to truly discover the intricacies of the destination. Come on board to explore the untapped beauty of our Island paradise. With no compromise made to quality of service standards, let us assure you the comfort of knowing that your clients are in secure hands of our experts. Whilst we respect every other DMC trying to elevate the positioning of Sri Lanka as a tourist destination across the globe, here are few elements which we believe sets us apart from the rest: John Keells Group - Confidential Walkers Tours is powered by an internal talent pool of close to 200 employees with over 100 of them being holiday experts. This pool entails a mix of cultures from China, Russia, Indian etc.
    [Show full text]
  • Where I Can Pay with Mcash
    Where I can Pay with mCash Category Merchant Address City District Automobile Athula Learners 215B, Hospital Road, Kalubowila, Dehiwala Dehiwala Colombo Automobile Purnima Tyre Center 139/1, Old Kesbewa Road, Delkanda, Nugegoda Nugegoda Colombo Automobile Petco Lanka Car Audio 49, Vijaya Kumarathunga Mawatha, Colombo 5 Kirulapana Colombo Automobile Crown Tyres 155, Sirimavo Bandaranayake Mawatha, Colombo 14 Colombo Colombo Automobile Olympic Tyre House 255, Havelock Road, Kirulapona Colombo Colombo Automobile Auto Drome No 304, Union Place, Colombo - 02 Colombo - 02 Colombo Automobile Tyre Max 74, Sirimavo Bandaranayake Mawath, Colombo 14 Colombo Colombo Automobile Jayamaga Learners 52, Galle Road, Dehiwala Dehiwala Colombo Automobile Petcom Car Audio 166/1, Stanley Thilakarathne Mawatha, Nugegoda Nugegoda Colombo Automobile Auto Touch Cleaning Center 174, Galle Road, Mt Lavinia Mt Lavinia Colombo Automobile Taiyo Enterprise Pvt Ltd No. 83, Galle Road, Mount Lavinia Mount Lavinia Colombo Automobile Rahul Motors 194, Anagarika Dharmapala Mawatha, Matara Matara Matara Automobile Minipura Auto Vision 5, Colin Cresent, Ratnapura Ratnapura Ratnapura Automobile Senoto Motors 91/A, Market Road, Panadura Panadura Kalutara Automobile General Auto Trading 134/1, Main Street , Ratnapura Ratnapura Ratnapura Automobile Pasindu Auto Parts 96 D, Ratnapura Road, Avissawella Avissawella Ratnapura Automobile Liberty Motors 132, Colombo Road, Ratnapura Ratnapura Ratnapura Bakers Divine Foods No 32, Queens Road, Kollupitiya Colombo-03 Colombo Bakers Divine
    [Show full text]
  • Near Your Stay
    NEAR YOUR STAY Renuka City Hotel 328 Galle Road Colombo 3 Sri Lanka +94-112573598/602 [email protected] Index Page no Useful Addresses 1 Hospitals 2 Tourist Attraction in Colombo 3 Other Tourist Attraction in Colombo 4 The Casinos 5 Nightclubs 6 Foreign Missions 7 International Banks 8 Shopping 9 Religious Places 10 1 Useful Addresses Sri Lanka Tourism Development Authority No. 80, Galle Road, Colombo 03, Sri Lanka. +94 112426800 / +94 112426900 (Distance from the hotel - 1.1 km) Colombo Central Bus Stand Olcott Mawatha, Pettah, Colombo 01, Sri Lanka. +94 112329606 (Distance from the hotel - 5.1 km) Sri Lanka Railways - Fort railway station Fort railway station, Sri Lanka. +94 112432908 / +94 112434215 (Distance from the hotel - 4.4 km) 2 Hospitals National Hospital of Sri Lanka Durdans Hospital Colombo 10. No. 03 Alfred Place Sri Lanka. Colombo 03 +9411-2691111 / +9411-2693510 Sri Lanka. (Distance - 2.8 km) +9411-2140000 1344 (Short code) (Distance - 1.3 km) Nawaloka Hospital Asiri Central Hospital No. 23, No. 14 Deshamanya H. K Dharmadasa, Norris Canal Rd, Mawatha, Colombo 10 , Colombo 2, Sri Lanka. Sri Lanka. +9411-4665500 +9411-5577111 / +9411-5777777 (Distance - 2.7 km) (Distance - 2.0 km) Lanka Hospitals Oasis Hospital No. 578 No:18/A, Elvitigala Mawatha, Muhandiram E.D. Colombo 5, Dabare Mawatha Sri Lanka. Colombo 5, +9411-5430000 Sri Lanka. (Distance - 5.1 km) +9411-5506000 (Distance - 5.7 km) 3 Tourist Attractions in Colombo Independence Memorial Hall Arcade Independence Square Colombo 7. Colombo 7. Sri Lanka. Sri Lanka. +9411-28789961 +9471-3456789 (Distance - 3.0 km) (Distance - 3.1 km) Laksala Handicraft Emporium Gangaramaya Temple No.
    [Show full text]
  • Sri Lankan Serenity Date: 21St – 27Th January 2017 Duration- 6N / 7D
    Sri Lankan Serenity Date: 21st – 27th January 2017 Duration- 6N / 7D Tour Highlights Destinations PinnawalaèDambullaèKandyèNuwara EliyaèBentotaè Colombo Accommodations: • Dambulla – Fresco Water Villa/Thilanka or similar • Kandy – Thilanka/ Tree of Life or similar • Nuwara Eliya – Horton Towers • Bentota – Earls Reef/Temple tree or similar • Colombo – Pearl Grand / Ramada or similar Activities: • Pinnawala Elephant Orphanage, Dambulla Cave Temples, the Sigiriya Rock Fortress, Gem Museum, Temple of Tooth Relic , Peradeniya Botanical Gardens • Visit Golf course, trout streams, Victoria Park, and boating or fishing on Lake Gregory. • Tea Factory • Seetha Eliya and Haggala Gardens • Boat safari in Madu River • Galle Face Green, the Viharamahadevi Park, National Museum, Twin World Trade Center towers, Old Parliament Building, Fort district, Independence Hall • Odel, House of Fashion, Beverly Street, Majestic City, Noritake • A grand lunch in five star hotels Meals: 6 Breakfast, 6 Dinner Travel: Visa,Travel Insurance upto 60yrs, transportations in AC vehicle Services: English speaking guide, PnF buddy Sri Lanka What makes you choose Sri Lanka as your ‘ME’ time destination Sri Lanka is one of the Asian hotspot that attracts thousands of tourists from far off places. The country has many qualities and has various UNESCO preserved sites which are packed in such small area and form a part of various Sri Lanka vacations. Sri Lanka packs an extraordinary variety of places to visit within its modest physical dimensions, and few islands of comparable size can boast a natural environment of such beauty and diversity. Lapped by the Indian Ocean, the coast is fringed with idyllic – and often refreshingly undeveloped – beaches, while the interior boasts a compelling variety of landscapes ranging from wildlife-rich lowland jungles, home to extensive populations of elephants, leopards and rare endemic bird species, to the misty heights of the hill country, swathed in immaculately manicured tea plantations.
    [Show full text]
  • Retail Network All Island
    RETAIL NETWORK ALL ISLAND 1 DSI 7.5% off on total bill Islandwide 10% off on Singer Sewing Machines / Singer Branded 2 Singer other products 7.5% / All non Singer Brands 5% from retail Islandwide price special package (Free outgoing within the group / 1000 3 Mobitel Post Paid Contact Darshana 0715342646 mints to Mobitel/SLT) 4 No Limit 8% Islandwide Wellawatte, Kandy, Majestic City, Negombo, Nugegoda, Rajagiriya, Ratnapura, Wattala, One Galle Face, Kiribathgoda, 5 Hameedia 7.5% off on total bill Kurunegala, Kandy City Center, Ja-Ela, Crescat Boulevard , Pelawatte, Pettah Majestic City, Bambalapitiya, Anuradhapura, Ja-Ela, Jaffna, 6 Signature 7.5% off on total bill Kalmunei, Liberty Plaza, Matara 7 Glitz 8% off on total bill Kandy / Negombo / Colombo 02 / Nugegoda / Mt. Lavinia 8 CIB 5% on total bill Islandwide 9 Wijaya Saree Mandiraya 10% on total bill Maharagama / Nugegoda 10 CIB Curtain Center 10% on total bill Maharagama 11 Harcourts Pharmacy 5% on medicine / 10% on cosmetics Islandwide (from all 35 Pharmacies) 12 Softlogic Up to 5% off Tyronne - 0772642901 - Pelawatte Branch Innovax washing Machines 15% / TV 25% / Music Items 13 Seetha Holdings 6%/ Furniture and other elctrcial Items 5% / Exercise Islandwide (Call Tharanga 0777861896) machines 10% ONLINE DEALS 14 MyDeal.lk Additional 5% + Promo Offer Online 15 Babies.lk 15% Off On total bill Except Fomula Milk Powder Online (Colombo Free Delivery) 16 mirraw.com 10% additional off on the total bill online ( islandwide delivery) 17 All Deals Up to 15% off on the tota bill Online HOTELS
    [Show full text]