447 Luna Tower

Starting Price
lkr 68,000,000
usd 190,400 Listed in lkr
Location
Colombo 2
Concept
Residential Development
No. of Units
202
Type of Units
2BR, 3BR & 4BR
Date of Completion
Q1 to Q2 2022
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Property ID

phone +94 114 01 02 03

A residential development located in the heart of Union Place, 447 Luna Tower offers 202 contemporary designed apartments spanning over 44 floors. Construction is now complete – with two bedroom, three bedroom and four bedroom apartments available for occupation. 447 Luna Tower is the only development that is fully equity funded by Japanese investors.

Bedrooms

Burma Teak parquet floor

Living Room

Burma Teak parquet floor

Kitchen

Marazzi vitrifed porcelain tile

Pantry

Pantry cupboards – SEA Bauformat

Appliances provided – Hafele Hob and hood

Bathroom

Marazzi vitrifed porcelain tile and Hansgrohe accessories and Duravit sanitary fittings

Ceiling

10 ft high ceilings

Other Specifications

Veneer finish engineered timber door 

Double glazed windows

Fitted wardrobes 

Independent geyser in each apartment 

A/C – Panasonic VRV  

Type A
  • Size
    839 sq ft
  • Bathrooms
    2
  • Parking
    1
  • Views
    City View
  • Starting Price
    lkr 62,599,472 usd 175,279 Listed in lkr
Type B1
  • Size
    1001 sq ft
  • Bathrooms
    2
  • Parking
    1
  • Views
    Park and Sea View
  • Starting Price
    lkr 90,148,486 usd 252,416 Listed in lkr
Type B2
  • Size
    1001 sq ft
  • Bathrooms
    2
  • Parking
    1
  • Views
    Park and Sea View
  • Starting Price
    lkr 82,502,756 usd 231,008 Listed in lkr
Type C1
  • Size
    1065 sq ft
  • Bathrooms
    2
  • Parking
    1
  • Views
    Lake and Sea view
  • Starting Price
    lkr 81,740,184 usd 228,873 Listed in lkr
Type C2
  • Size
    1065 sq ft
  • Bathrooms
    2
  • Parking
    1
  • Views
    Lake and Sea view
  • Starting Price
    lkr 103,247,504 usd 289,093 Listed in lkr
Type D
  • Size
    1679 sq ft
  • Bathrooms
    3
  • Parking
    1
  • Views
    City View, Park & Sea view
  • Starting Price
    lkr 149,092,381 usd 417,459 Listed in lkr
Type E
  • Size
    2271 sq ft
  • Bathrooms
    4
  • Parking
    2
  • Views
    Lake & Sea View, Park & Sea view
  • Starting Price
    lkr 211,529,325 usd 592,282 Listed in lkr
Development Updates

An update on the progress of the development and at which stage of construction the development is currently at.

Construction Progress
447 Luna Tower
Completed
3/2021
Frequently Asked Questions

To gain more clarity on what we can do for you and list your property

View FAQ
Why Buy Through Us

Here is how you can expect more benefits and superior service when you search for a new development with Acquest.

Developer Pricing

We offer the same price and discounts as the developer, with no price increase when you buy through us.

An Extensive Inventory Of Options To Choose From

You will not be restricted to selecting one option. We offer a range of listed and resale units to select from based on your requirement.

An Unbiased View Of The Market

We have invested in some of these developments ourselves and can give an unbiased view of the market.

Post-Purchase Assistance

Expect post purchase support from our team who will be executing defects checks, property management and more.

Related Services

Our competitive advantage is rooted in our unmatched industry knowledge, client-centric approach and our drive to add unprecedented value to our clients. We are passionate about helping our clients make informed real estate decisions.

Real Estate Portfolio Management

We will evaluate your real estate asset portfolio and advise on the utilisation of land and buildings, along with existing conditions and outlook of the market relevant to potential developments.

Property Management

We offer both residential and commercial property management and we are the only real estate services provider with a proven track record of property management in Sri Lanka.

Client Experiences
I have known Chandaka and Acquest for over five years. His advice and insights has been inviolable when making my real estate investment decisions. Chandaka has deep insights into the Sri Lankan Real Estate market and his advice and services has been exceptionally customer oriented and always strategic. I have no hesitation in recommending Chandaka and Acquest for anyone interested in real estate investment in Sri Lanka.
Madu Ratnayake
Chief Information Officer, Virtusa
I am very happy to recommend Acquest. They have been fantastic in their support for the full life cycle of my property purchase and maintenance in Sri Lanka. I first used them in 2009 to acquire a flat. They made sure the process was smooth and flawless. They helped with the fit-out work. Over the years their maintenance department has done a great job keep the apartment operating well.  
Jan Metzger
Head of Asia Pacific Banking, Capital Markets and Advisory, Citigroup
Acquest has been working with me on my personal real estate portfolio for approximately eight years. The Acquest team has acted on my behalf to lease as well as to sell some of my apartments. Their advice on market trends have been insightful and helped me make certain strategic decisions. Acquest has always acted with integrity and with a high level of professionalism. I continue to work closely with Acquest and have every confidence in their input and that they will work in my best interest. I have no hesitation in recommending the services of Acquest.
Ajit Gunawardena
Ex Deputy Chairman of John Keels Holdings PLC
In my 25 years of active real estate investing, few companies have demonstrated the same level of professionalism as Acquest. I purchased an executive property through them in 2008 and they managed it efficiently until 2014. Throughout this period, their level of service and responsiveness was excellent. I will continue to work with Acquest as I value their integrity and knowledge of the local market and see them as a reliable partner in Sri Lankan real estate. I would recommend their services without hesitation.
Aaron Russel - Davison
Investment Banker (ex-Director of Standard Chartered Bank Singapore)
I engaged Acquest informally in an advisory capacity on a couple of potential development projects as well as more formally to execute the sale of a top-end penthouse apartment at the Emperor. My expectations of Acquest were to determine appropriate positioning of the property and target and attract a narrow list of suitable and high quality buyers, brief me on market trends and valuations, assess pricing feasibility and obtain best pricing for my property, provide honest and direct market and buyer feedback, market the property with discretion and integrity, assess the quality of potential buyers and to execute the closing process.` Through the process, the Acquest team acted with honesty and integrity which is a rare commodity among real estate agents in Colombo. The team was also able to advise me well on market trends and pricing as well as the quality of potential buyers. Acquest operates to high standards and takes a long term view towards their client relationships. An open and frequent line of communication was maintained with me throughout the process. They ultimately delivered results for me. We were able to achieve higher than the expected price in an apartment category that is highly priced for this market, and based on accurate advice on the closing process I was also able to save some transaction costs. I would recommend the services of Acquest with no reservations to any other prospective client whether it is for an individual property or a larger scale development.
Dumith Fernando
Chairman of Colombo Stock Exchange, ex Managing Director and Group Chief Operating Officer for Credit Suisse Asia Pacific
Acquest, especially Chandaka, did an exceptional job in selling a large residential property in Colombo. Chandaka was always available to provide helpful market insight, valuable advice on potential buyers and the structuring of a transaction, and skillful and creative negotiation of the sale. I always felt that Acquest operated at the highest level of integrity and was proactive in finding a solution. I am very happy to recommend them.
Rohan Weerasinghe
International Lawyer
Our Firm globally has experience in investing in Real Estate in USA, Europe, Middle East, India and parts of Asia in all types of real estate like land, apartments, commercial and retail space, hotels, etc. In Sri Lanka, for our apartment portfolio of 67 luxury units in Colombo, we have exclusively used the services of Acquest for advisory, purchase, leasing and management of these apartments since 2010. Acquest has delivered exceptional professional services in the last ten years. The Acquest team brings an intimate understanding of the market and has the best deals in the market. Acquest has access to the best clients in Colombo and a unique trait of doing what is best for their clients, even at short term cost to their business. We have found Acquest to be competent, diligent, professional and above all bringing a rare integrity to this business.
Ramesh Mantri
Fund Manager
We have used the services of Chandaka and his company, Acquest, since we began investing in Real Estate in Sri Lanka in 2010. We have developed a close relationship over that time and believe Chandaka to be highly knowledgeable, trustworthy and proactive in his real estate dealings with ourselves, and his team at Acquest to provide a consistently high level of service in managing and leasing our property portfolio in Colombo.
Peter Slattery
Fund Manager (New York)
I have worked with Chandaka and the Acquest Team for over 10 years on multiple transactions. Their ability to accurately predict trends and provide advice based on data and experience has been impressive. Looking after my interest has always been their priority. I get Chandaka's input before I make an investment decision and more often that not Chandaka advises me against real estate investments I want to make and he goes out of his way to give me detailed real estate market insights to make sure I have the information I need before I make a decision. The professionalism, integrity and value that Chandaka and Team have demonstrated has resulted in a trusted adviser relationship that I cherish.
Keith Modder
Chief Operating Officer and Managing Director of Virtusa
I take great pleasure in recommending Acquest as a full-service Real Estate Agency. They are easily the most professionally managed Real Estate Company in Sri Lanka, often possessing the best selection of properties in the country. I am also grateful to Chandaka for the extensive amount of time he has devoted personally to analyze my investment objectives and the innovative solutions he has presented backed by vast amounts of data and market research. I have no doubt that his passion for this business and in-depth knowledge of both commercial and residential property markets in Sri Lanka will drive Acquest to even greater heights in the years to come. My very best wishes to Chandaka and the team at Acquest as they innovate and benchmark new standards and change the local Real Estate landscape in their journey to transform a very old and traditional business sector in Sri Lanka.
Romani de Silva
Deputy Chairman/Managing Director, Alliance Finance Company PLC

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