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Sheron
Sheron
Mar 25 2026
81Prime Group proudly announces its landmark project, YOLO by Prime Group has received BOI-approved project status, recognizing the development's strong potential to drive economic development and attract foreign investment, delivering strong urban appeal.
Accordingly, a USD 52.5 million investment agreement has been inked between Prime Group and the Board of Investment of Sri Lanka (BOI), demonstrating the Group's robust financial standing, strong governance standards, and long-term commitment to strengthening Sri Lanka's real estate sector.
Located in Makola, Kiribathgoda, YOLO by Prime Group is a pioneering residential development designed to redefine elevated urban living. Just 5 minutes from the Kadawatha Highway Entrance, the project offers seamless connectivity to major cities including Kandy, Kurunegala, Galle, Matara, and Hambantota within 1½–2 hours, and Colombo is less than 30 minutes away. Situated in a flood- and landslide-free zone, YOLO is built on 13 acres and comprises 476 apartments with 46 buildings. Each features a 2,000 sq. ft. rooftop garden with BBQ and dining areas.
The project offers a diverse mix of 2- and 3-bedroom apartments complemented by over 100,000 sq. ft. of shared premium facilities. Amenities include a 3-lane bowling alley, cinema, coffee shop, co-working space and business lounge, karaoke club, coin-operated laundry, mini supermarket, swimming pool with pool bar, fully equipped gym and CrossFit gym, paddle court and sports club, jogging path, and a celebration hall.
Construction is progressing on schedule and all units advancing as planned to meet promised specifications and timelines. Designed in 2024, YOLO by Prime Group features a modern, future-ready architectural vision, seamlessly blending contemporary design with innovative elements, redefining elevated urban living.
Apart from the architectural and lifestyle appeal, YOLO by Prime Group is designed to generate direct and indirect employment in construction, property management, maintenance, and service sectors, contributing to national economic growth. Located in Kiribathgoda, a growing real estate corridor with strong connectivity and infrastructure, the project offers an attractive opportunity for local and international investors.
Apartments begin from LKR 35 million with a 1% monthly, 100% interest-free payment plan. The project is designed for capital appreciation and rental potential, with investors having the opportunity to achieve up to 100% return on investment. YOLO reflects Prime Group's dedication to strengthening Sri Lanka's real estate sector, for promoting sustainable development and enhancing Sri Lanka’s reputation as a hub for investment and modern living.
About Prime Group
Prime Group, the Real Leader in Modern Real Estate in Sri Lanka with a 30-year legacy of contributing to the country’s urban development and economic progress. Over the past three decades, the Group has delivered more than 70 housing and apartment developments and over 10,000 land developments across residential, commercial, and lifestyle sectors, shaping modern living and working environments throughout Sri Lanka.
Beyond real estate, Prime Group is guided by a strong commitment to nation-building, sustainability, and social responsibility, investing consistently in initiatives that support community wellbeing, critical infrastructure, healthcare, and education, extending its impact well beyond business.
Caption
Prime Group’s YOLO Residential Development received Board of Investment (BOI) approval project status. Receiving the BOI certificate L-R are Anura Pathirage, Director, Finance, Prime Group and Ruminda Randeniya, Chief Executive Officer, Prime Group, Sujeewa Mudalige, Board Member, BOI, and Dr. Ruvini Fernando, Board Member, BOI.
