2nd Fortnight May 2004
Tao Starts Another Mega Project In Sri Lanka
Havelock City, the newest residential-cum-commercial project located in the largest cleared single site in Colombo, got off to an auspicious start on 18th May with the ground breaking ceremony attended by S. P. Tao, Chairman of Shing Kwan Group of Singapore.

Strategically located on Havelock Road at the former Wellawatte Spinning and Weaving Mills premises, Havelock City will be developed under the expert leadership of Mireka Capital Land (Pvt) Limited, a new joint venture between Singapore’s Shing Kwan Group and Bank of Ceylon.

The Shing Kwan Group is renowned in Sri Lanka for the development of the state-of-the-art World Trade Centre in Colombo, through its Sri Lankan company, Overseas Realty (Ceylon) Ltd.

Addressing the gathering Mr. S. P. Tao said that he was very proud to promote this unique project which will be a benchmark for the entire property development industry in Sri Lanka.

Being the largest residential and commercial site offering residents, visitors and corporate clients a plethora of facilities, the fact that Shing Kwan Group’s portfolio of expertise includes investment, development and management of real estate in China (Nanjing, Beijing and Shanghai); Indonesia (Jakarta) and Singapore and of course the magnificent World Trade Center which transformed the skyline of Colombo, are ample proof of the expertise and attention to detail that will be infused into the project.

Showcasing a model of the project, a spokesman for Mireka Capital Land said that one of the main features of Havelock City is the provision for 1,080 condominium housing units which will provide exceptional value for money. Ample car parking for the residents will be housed underground giving shelter from inclement weather. ”The close proximity to modern day commercial amenities and facilities, schools, hospitals, banks, places of religious worship and four road access are definitely advantageous,” he explained “We will provide one, two, three bedroom apartments and penthouses house, in eight blocks. Condominium facilities such as swimming pools, tennis and squash courts, gyms and multi function rooms are also incorporated. The large green open spaces and panoramic views of both Colombo city and the sea create a soothing ambience in this city within a city” the spokesman said.

The commercial component of Havelock City will include a 36,000 sq. metre Shopping Mall housed in a retail podium elevated ten meters above ground around a dramatic central large atrium, a 300 room business hotel and 200 units of serviced residences. “This hub will have everything you would want in a mini-city,” said the spokesman. “The Shopping Mall will have shops, a major department store, a supermarket, restaurants, a Food Court, and leisure and entertainment complexes. The roof of the Shopping Mall will be landscaped, accommodating health club facilities. 750 covered car parking spaces lead directly to the Shopping Mall through escalators and lifts. The Shopping Mall will be connected to the rest of Havelock City through a network of pedestrian routes, giving excellent access and exposure to the retail areas.” The Hotel and Serviced Residence tower commands and uninterrupted scenic view of the city with the Hotel starting from the fifth level and Serviced Residences, which will cater to the long staying guests, being located on higher levels.
 
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