The main objective is to build a strong commercial lease clientele, reduce vacancy rates and maximize revenue, while enhancing the overall brand identity of Hulhumale’. Commercial Units will be allocated to parties by Request for Proposals (RFP) or Direct allocation under direct allocation policy. As per HDC’s direct allocation policy, Anchor Tenants, franchise or renowned brands will be eligible for direct allocation of commercial space.

The upcoming commercial space will create significant amount of commercial space will provide opportunity for business growth and solutions for parties who wants to venture their business in Hulhumale’.

The HDC commercial Properties are built to capture the commercial need of the population of Hulhumale. HDC will open commercial spaces from the existing HDC properties with new vacancies of the space. The following are the existing properties of HDC and the allocated commercial usage. 

The upcoming commercial spaces are in Mixed Residential Buildings in Phase I and in Hiyaa apartments in Hulhumale Phase II.

3.1 Mixed Residential

3.2 Allocated usages of commercial Space for mix residential building

3.3 Hiyaa Commercial – Hulhumale Phase 2

The biggest housing initiative in Maldives history was launched in the year 2017. The project is targeted as a high dense housing project to cater around 30,000 to 40,000 people. The space is created in the ground floor are dedicated for commercial developments.

3.2 Hiya Commercial

3.2.1 Sales Allocation Timeline

FOR MORE INFORMATION CONTACT

Housing Development Corporation

HDC Building, Hulhumale’, Rep. of Maldives

+(960) 335 3535, F. +( 960) 335 8892,

[email protected],

www.hdc.com.mv

properties.hdc.com.mv