Skyhaus By CPG
- AVA001053Skyhaus By CPG, Colombo 7, Colombo, Western Province, Sri Lanka
Skyhaus By CPG
- AVA001053Skyhaus By CPG, Colombo 7, Colombo, Western Province, Sri Lanka
Skyhaus by CPG is a landmark all-penthouse development rising in Colombo 7, the city's most prestigious residential enclave, directly overlooking Viharamahadevi Park, the jewel of the capital. The development comprises only 28 residences, each a four-bedroom ParkView home of approximately 3,200 square feet, designed over elegant terraces that draw inspiration from Geoffrey Bawa's Tropical Modernism. Expansive indoor and outdoor spaces open onto private terraces framed by troughs of greenery served by a central drip-irrigation system, while a vertical-forest facade wraps the living spaces in planted balconies from the first to the fifteenth floor.
The project sits on a site steeped in history, the former ancestral home of aviator and inventor Ray Wijewardana, and is conceived as both tribute and transformation. Designed by the Paris-based husband-and-wife architect duo Shiho and Taro Okabe, with sustainability consultancy by Studio 4215 Limited, Skyhaus integrates green terraces, ground forest gardens, passive design strategies and locally sourced materials for future-ready, low-energy luxury.
Every residence is served and staffed by The One Group of Hotels to hotel-grade standards, with a private lift lobby opening directly into each home, a dedicated concierge, and access to the group's wider collection of resorts and restaurants through the Home Around The Pearl programme. Rooftop amenities include an infinity-edge pool and pickleball court set within a crown forest, alongside a gymnasium, spa, sauna, steam room and cold plunge, and three floors of underground parking. Completion and handover are estimated for May 2028.
Property Details
- Micro-market
- Colombo 7 / Cinnamon Gardens
- Configuration
- Apartment
- Property Type
- Apartment
- Built-up Area
- 3,200 sq ft
- Status
- Under Construction
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Expected Completion
To be announced soon
Available Properties
Project variants for under-construction developments - unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| 4 BHK | 3,200 sq ft | $948K | Under Construction |
Property Information
- Community: Colombo 7 (Cinnamon Gardens)
- Project Name: Skyhaus by CPG
- Listing Price: $948K
- List Date: Sep 2, 2026
- Days on Market: 0
- Listing ID: AVA001053
- Status: Under Construction
- Construction Type: All-penthouse residential tower (28 four-bedroom residences)
- Security: 24/7 security & concierge
- Parking: 3 floors of underground parking
- Pool: Rooftop infinity-edge pool
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- Occupancy Certificate
- No
- Authority
- N/A - Sri Lanka has no RERA-equivalent property registry regime
- Fire NOC
- No
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, freehold
- What you actually hold
- You hold freehold title to the house and the land, or to the condominium unit with an undivided share in the common elements.
- Key rules and restrictions
- The 2014 restrictions on alienation do not apply to you.
- Title in Sri Lanka is deeds based rather than title registered in most areas, so the chain of deeds matters.
- A notary must prepare and attest the deed of transfer.
- Funds and process
- Pay through Sri Lankan banking channels against a notarially executed deed, then register the deed at the relevant Land Registry.
- Taxes
- Stamp duty on a transfer is 3% on the first Rs 100,000 of value and 4% on the balance. Notary fees and registration fees are on top.
- Verify before you buy
- Get a title report covering at least 30 years of the deed chain.
- Search the Land Registry for encumbrances before paying.
- Confirm the local authority has approved the building plan.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in Sri Lanka before you commit.
Investment Information
- Type: Branded all-penthouse residence, Colombo 7 (operated by The One Group of Hotels); off-plan, handover May 2028; deposit USD 14,891 + construction-milestone plan; 'Home Around The Pearl' resort access
- Capital Appreciation: 8%
- Property Tax Jurisdiction: Sri Lanka - no annual national property tax on residential; local rates & transfer/stamp duty apply
About the developer
Location
Skyhaus By CPG, Colombo 7, Colombo, Western Province, Sri Lanka
- Airport: Bandaranaike International Airport - 64 km
- Railway: Rambukkana Railway Station - 2 km
- City: Kandy - 38 km
- Capital: Colombo - 76 km
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| 9.4 / 10 | Pinnawala Elephant Orphanage | Wildlife Sanctuary | Morning | 10 km |
| - | Sensation Rock, Kegalle | Landmark | - | - |
| 9.2 / 10 | Kadugannawa mountain pass | Landmark | Daytime | 15.1 km |
| 8 / 10 | Kandy | City | December to April | 37.7 km |
| 8 / 10 | Colombo | City | January to March | 76.2 km |
Ownership economics
Will this home pay for itself?
1Buy
What you pay to own it.
2Earn
What it brings in as a holiday rental.
3Grow
What it could be worth.
Social Infrastructure
Key education, healthcare, and dining amenities near this property.