Tuesday, 27 October 2026 · Malé Search Newsletter Send us your launch WhatsApp the desk
Maldives Real Estate News

Maldives real estate, reported from the ground: developments, developers, prices, rules, and the homes behind them.

Developments

What your rent would buy at Kandoofa Ecoplex

One- to three-bedroom homes with smart controls, solar-backed shared spaces and a rooftop pool, as the developer describes them. No rents are on record yet; what to ask and how to register interest.

Kandoofa Ecoplex
Kandoofa Ecoplex

There is no rent to quote at Kandoofa Ecoplex. Binga has not listed a home in the development, and the catalogue records no floor count, number of homes, developer or completion date. What follows is what the developer says a tenancy here would include, and how to judge it when homes are offered.

What the developer describes

  • Homes: from compact one-bedroom units to three-bedroom family homes, with ocean or city views and natural light.
  • In every unit: high-speed fibre, smart climate control and automated lighting.
  • Shared spaces: a rooftop infinity pool, a fitness centre, children's play areas and a community rooftop garden.
  • Energy and water: solar panels offsetting communal energy costs; rainwater harvesting for the green spaces.
  • Security and parking: a 24/7 concierge service, biometric access control, and basement parking with electric-vehicle charging.

Solar power for the shared spaces could, in principle, keep the service charge down. Ask to see it before counting on it. The same goes for the smart-home features: they add value only if they work and the tenant can control them.

What to compare

Binga's rent guide puts one- to four-bedroom homes in Greater Malé at roughly MVR 15,000 up to MVR 55,000 and beyond for new-build premium homes, which are often quoted in US dollars. A new development in Hulhumalé Phase 2 with this list of amenities would be priced by its building and view, as Phase 2 homes generally are.

Questions to ask when homes are offered

  • Is the building complete, and who manages it?
  • Is the home furnished, semi-furnished or unfurnished? Get the inventory in writing.
  • Does a parking space come with the flat, and is EV charging included or metered?
  • What does the service charge cover, and who pays it?
  • Are the smart controls and fibre connection working and included in the rent?

Registering interest

Fill in the tenant brief at concierge.binga.mv/tenants, or message the concierge on WhatsApp at +960 778-3395, and name Kandoofa Ecoplex. A concierge will confirm what can be viewed, shortlist comparable Phase 2 homes in the meantime, and inspect any home before introducing it.

Tell the concierge what you need

Sources and method

Prices are asking prices as listed through Binga unless marked achieved, and are dated. Developer descriptions are reported as the developer's own. Facts the desk could not verify are left out. Spotted an error? Write to hello@binga.mv; corrections are noted at the foot of the piece.

Binga Properties is a real-estate concierge; it may represent homes and developments mentioned here.