Created by one of the most creative, innovative designers from Malaysia on the sea side of the newly reclaimed city of Maldives, Hulhumale'. These are 116 dramatic condominium residences. A full range of facilities are available for leisure pursuits, including a pool, well-equipped gymnasium, tennis courts, fitness stations, a modern clubhouse and underground parking space.
Hulhumale Condominium is currently a vacant site located approximately 3 km to the northeast of Male. Travelling distance from Male is about ten minutes by speedboat. The site has an area of 7,000 sq m. It is also one of few lands which are freehold in the Maldives.
The site is located in the corner site on the northeastern part of the island. The site commands a sea view. There is a road constructed between the immediate seafront and the subject site. Public housing, hospitals and schools are being constructed nearby.
The investment by Villa is going to play a key role in the socio-economic development of Hulhumale' which is a government strategy of reclamation and construction of a new town with the intention to ease the severe housing crisis and congestion in the capital, Male.
There are no condominium development in the Maldives now. Condominiums are a new concept. Residents in the Maldives are living in residential blocks and composite blocks with residential units on upper floors in the capital region, Male and the satellite island of Villingili, or in the villages of the 200 inhabited islands of the country. The population of Male' has grown due to the 30-plus years of tourism industry development of The Maldives which brought more Maldivians and expatriates to move to the over-crowded capital region for employment. Male' has in these years become the most densely populated city of the world.
Villa plans are construct an eight-storey condominium block with a total of 116 condominium units, and basic ancillary and retail facilities. Due to its prime location at the seafront, the proposed development is targeted at the middle income population of The Maldives, such as local or foreign professionals.
|Location:||Hulhumale', Kaafu Atoll |
|Land Area||7048.37 Square Meters|
|Nearest Airport:||The island is connected to Hulhule' International Airport|
|No. of beds||116 Apartments|
|Property Type||Housing Condominium|