Maldives real estate, reported from the ground: developments, developers, prices, rules, and the homes behind them.
topic
Everything the desk has published under “new launch”.
Launches
SJ Group has released SJ Dhihereya Residence, 90 apartments on the west, lagoon-facing side of Hulhumalé Phase 1, priced from MVR 3.63 million and due for completion at the end of 2028. Since 14 October the developer has listed the sale as temporarily on hold.
Launches
With the fifth-floor slab poured, Bayfancy opened sales of its 18-storey building in Hulhumalé Phase 2: one-bedroom-plus apartments from MVR 3.5 million, 3+1 suites from MVR 6.2 million and sky villas from MVR 26 million, with Bank of Maldives as mortgage partner.
Launches
Bayfancy Pte Ltd, a Singapore real estate developer whose team has built large residential schemes in China, re-registered in the Maldives to build Bayfancy Residence, an apartment building in Hulhumalé.
