Waterdale Residencies Colombo 7

Waterdale Residencies Colombo 7 is Home Lands Skyline’s flagship ultra-luxury apartment development on Tickell Road, bordering the prestigious Colombo 7 area. The 26-storey development comprises 204 residences, including two- and three-bedroom apartments, penthouses and duplexes, alongside more than 40 amenities. With its central location, contemporary design and BOI-approved status, Waterdale is positioned as a high-end residential address for buyers who want the convenience of central Colombo without giving up space, facilities or privacy.

 

Key Takeaways

• Waterdale Residencies is located on Tickell Road, bordering Colombo 7 and close to established schools, hospitals, offices, restaurants and hotels.

• The development rises 26 storeys and comprises 204 residences, including apartments, penthouses and duplexes.

• Architect Philip Weerarathne leads the design, with Professor Priyan Mendis involved in the project’s structural engineering team.

• Waterdale has more than 40 amenities, including private dining, a sports lounge, swimming pool, gym, coffee shop, smart-key facilities and a rooftop garden.

• The project has a US$61.56 million BOI agreement and is designed for buyers seeking a premium central Colombo address.
 

 

Waterdale Residencies on Tickell Road: Bordering Colombo 7

A Colombo 7 address carries a certain appeal, but the surrounding neighbourhoods also matter.

 

Waterdale Residencies sits on Tickell Road, close to the Colombo 7 boundary, giving residents access to many of the established amenities associated with this part of the city. The location puts schools, universities, hospitals, offices, restaurants, hotels and shopping areas within convenient reach. It also provides access to Colombo’s wider transport network and major roads, making the area practical for people who spend much of their time in the city. Project coverage also highlights access to the highway from the development.

 

Waterdale does not sit within the traditional core of Colombo 7, but its position bordering the area gives residents access to the neighbourhood’s established network while retaining a Tickell Road address.

 

For someone searching for Colombo 7 luxury apartments for sale, the appeal therefore goes beyond the postcode. It is about being close to the schools, healthcare, business districts, hotels and everyday conveniences that make central Colombo attractive, while having the facilities and security of a purpose-built high-rise residence.

 

Waterdale’s Design and Residence Types

Waterdale is designed to make the most of its central Colombo setting while keeping the residences contemporary and practical. The project rises 26 storeys, with two dedicated amenity floors and 204 residential units. The residence mix includes two- and three-bedroom apartments, penthouses and duplexes.

 

The architectural vision comes from Sri Lankan architect Philip Weerarathne. Floor-to-ceiling windows are among the features associated with the residences, helping bring natural light and views into the living spaces. The development is intended to feel more like a private urban home in the sky than a conventional apartment block.

 

The choice of residences also gives buyers room to find a format that matches how they want to live. 2 and 3 bedroom apartments are suited to individuals, couples and families who want a central Colombo home with access to the building’s shared facilities.

 

While penthouses provide a more exclusive option for buyers looking for greater space and privacy at a higher level of the development.

 

Duplexes add another dimension to the residence mix, with homes spread across two levels rather than following a conventional single-floor apartment layout.

 

Residence Type	Approx. Size	Configuration
2-bedroom apartments	800–1,200 sq. ft.	2BR, with 1–2 bathrooms depending on layout
3-bedroom apartments	1,300–1,700 sq. ft.	3BR, with 2–3 bathrooms depending on layout
Penthouses	1,800–2,300 sq. ft.	3BR and 4BR
Duplexes	3,300–3,600 sq. ft.	4BR across two levels

 

Professor Priyan Mendis, a Civil Engineering Professor at the University of Melbourne, was among the technical team present at Waterdale’s groundbreaking and piling ceremony. He is also involved in the structural engineering of other major Home Lands Skyline developments, including Pentara Residencies.

 

What Amenities Does Waterdale Residencies Offer?

The development includes more than 40 amenities, covering recreation, entertaining, fitness, convenience and everyday security.

Amenity	What It Offers
Private dining	Dedicated space for hosting meals and entertaining
Sports lounge	A social space for relaxation and recreation
Swimming pool	A dedicated pool within the development
Gym	On-site space for fitness and exercise
Coffee shop	A convenient place for coffee and casual meetings
Smart-key facilities	Technology-enabled access and security
Rooftop garden	An elevated outdoor space to relax and unwind
Kids’ club	Dedicated recreation for younger residents
Double parking spaces	Additional convenience for households with more than one vehicle

 

The mix is designed to make daily life more convenient without requiring residents to leave the development for every activity. The combination of private dining, recreation, fitness and outdoor spaces is particularly relevant for buyers who want their apartment building to provide more than just a place to live.

 

A BOI-Approved Development

One of the features that sets Waterdale apart from a standard residential development is its Board of Investment (BOI) approval.

 

In September 2024, a US$61.56 million agreement came into effect between Home Lands and the Board of Investment of Sri Lanka.

 

For buyers, BOI approval provides an important point of reference when assessing the project’s investment structure and credentials. The BOI agreement also places Waterdale within the broader investment story of Colombo’s property market, where central locations continue to attract both residential and investment interest.

 

The Launch and Construction of Waterdale Residencies

Home Lands Group unveiled the project during “Home Lands Loyalty Night” at Shangri-La Colombo in 2024, bringing together existing customers, investors, industry professionals and invited guests.

 

Construction followed soon after. A traditional groundbreaking ceremony was held on 16 July 2024, with Home Lands Group Chairman Nalin Herath, senior management, project consultants and members of the technical team in attendance. Piling work then commenced ahead of schedule, with D.P. Jayasinghe Piling Co. appointed for the piling works and Home Lands Construction assigned to the project.

 

Frequently Asked Questions

What is Waterdale Residencies?

Waterdale Residencies is Home Lands Skyline’s flagship ultra-luxury apartment development on Tickell Road, bordering Colombo 7. The project comprises 204 residences across 26 storeys, including two- and three-bedroom apartments, penthouses and duplexes, along with more than 40 amenities.

 

Where is Waterdale Residencies located?

Waterdale Residencies is located on Tickell Road, bordering Colombo 7. The central location provides access to schools, universities, hospitals, offices, restaurants, hotels, shopping and transport links across Colombo.

 

Who designed Waterdale Residencies?

Waterdale Residencies was designed by Sri Lankan architect Philip Weerarathne. Professor Priyan Mendis of the University of Melbourne was also part of the project’s technical team during the groundbreaking and piling phase.

 

Is Waterdale Residencies BOI-approved?

Yes. Waterdale Residencies was recognised as a BOI-approved project, with a US$61.56 million agreement between Home Lands Group and the Board of Investment of Sri Lanka.

 

What amenities does Waterdale Residencies offer?

Waterdale has more than 40 amenities, including private dining, a sports lounge, swimming pool, gym, coffee shop, smart-key facilities, rooftop garden, kids’ club and double parking spaces.

 

Explore Waterdale Residencies Colombo 7

Waterdale Residencies brings together a central Tickell Road location, ultra-luxury residences and more than 40 lifestyle amenities. Its position bordering Colombo 7, range of residence types and BOI-approved status make it a development worth exploring for both homeowners and property investors.

 

For current unit availability, specifications, pricing and purchasing information, explore Waterdale Residencies project.