Overview
- First residential development at Port City Colombo
- 230 apartments (1 to 4 bedrooms) and a penthouse across 18 floors
- Infinity-edge pool, squash courts and a rooftop yoga deck
- Yacht harbour 1 minute on foot; Port City beach 2 minutes on foot
- Starting from Rs. 165,400,000
Bay One Residences Colombo is an 18-floor waterfront development of 230 apartments and one penthouse at Port City Colombo. ICC Port City (Pvt) Ltd is building it as the first residential development in the Port City Special Economic Zone, with one- to four-bedroom homes, sea and city views and five retail stores in the building. Amenities include an infinity-edge pool with in-pool lounges, jacuzzi and kids' pool, squash courts, an…
Bay One Residences Colombo is an 18-floor waterfront development of 230 apartments and one penthouse at Port City Colombo. ICC Port City (Pvt) Ltd is building it as the first residential development in the Port City Special Economic Zone, with one- to four-bedroom homes, sea and city views and five retail stores in the building. Amenities include an infinity-edge pool with in-pool lounges, jacuzzi and kids' pool, squash courts, an ocean-view gym, a rooftop fitness gallery and yoga deck, a multi-purpose function hall, a laundromat and convenience store, and concierge services. The yacht harbour is a one-minute walk away and Port City's beach about two minutes on foot. Ground was broken on 22 January 2026 and the sales gallery opened on 31 January 2026. Piling work for the foundation phase began on 12 February 2026, and the architectural model was unveiled on 11 May 2026. The payment plan is 10% on reservation, 10% one month later and 80% spread across the construction period. Port City Beach, a 2 km uninterrupted stretch of golden sand with year-round sea bathing, is 2 minutes on foot.
Source: ICC Port City (Pvt) Ltd
| Property type: Apartments | Baths: 1-4 |
| Listing status: Under Construction | Balcony: Extra wide, ocean view |
| Construction status: Foundation | SqFt: 732–8,816 SqFt |
| Construction progress: Construction started | Parking: 291 parking spaces across the development |
| Move-in year: 2028 | Address: Plot 1/02/05, Port City Colombo, Colombo 00100 |
| Price range: From Rs. 165,400,000 | Area: Port City Colombo |
| Total units: 231 | Neighborhood: Port City Colombo |
| Units available: 71 | District: Colombo |
| Units sold: 160 | Construction started: Jan 2026 |
| Floors: 18 | Developer: ICC Port City (Pvt) Ltd |
| Floor plans: 15 | Architect: MIX Architecture |
| Beds: 1-4 | Main contractor: ICC Construction |
| Property type: Apartments | SqFt: 732–8,816 SqFt |
| Listing status: Under Construction | Total units: 231 |
| Construction status: Foundation | Floors: 18 |
| Move-in year: 2028 | Parking: 291 parking spaces across the development |
| Price range: From Rs. 165,400,000 | Address: Plot 1/02/05, Port City Colombo, Colombo 00100 |
| Beds: 1-4 | Neighborhood: Port City Colombo |
| Baths: 1-4 | District: Colombo |
Pricing & fees
Starting price
From Rs. 165,400,000
Last updated
October 9, 2026
Payment & deposit
Payment structure
10% reservation fee
10% one month after reservation
80% spread across the construction period
Key Features
Ownership & Services
Amenities

Floor Plans
Available1BR - Type E
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Apartments
Available2BR - Type E
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Apartments
Available2BR - Type EM
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Apartments
Available2BR - Type F
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Apartments
Available2BR - Type FM
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Apartments
Available2BR - Type G
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Apartments
Neighborhood

About Port City Colombo
Port City Colombo is a 269-hectare area reclaimed from the sea beside Galle Face Green and the Port of Colombo.
- 269 hectares reclaimed from the sea
- Special Economic Zone beside Galle Face Green
- Marina, promenades and a public beach

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