Aséria is quickly taking shape as the Maldives’ most ambitious residential development to date. Set within a secure coastal enclave on the northeastern edge of Hulhumalé Phase II, this first-of-its-kind master-planned community is not only redefining urban living in the island nation, it is also offering an unprecedented opportunity to secure titled land at below-market rates in a high-growth area with long-term appreciation potential.
With construction now well underway, Aséria is moving from vision to reality, and the numbers speak for themselves: out of 73 planned plots, foundations for over 40 plots have already been laid. Slab work has begun on eight homes. The development is well on track for its targeted completion date of May 2027.
A New Standard in Residential Development
Aséria marks a milestone in the evolution of Maldivian housing. A joint venture between Batch Construction and the Housing Development Corporation (HDC), this project is more than just a residential complex; it is a master-planned concept community that blends privacy, modernity, and neighbourly charm in equal measure.
At its core, Aséria offers three distinct living options: Beach, Garden, and Urban Dwellings, each designed to cater to different lifestyle preferences while maintaining a shared commitment to quality and community.
The Beach Dwellings, 37 in total, promise an exclusive oceanfront lifestyle, featuring direct access to the shoreline, private pools, home elevators, and generously spaced four-storey designs that invite indoor-outdoor living. The Garden Dwellings, 14 plots nestled in greenery, emphasise tranquillity and versatility, with their split-level duplex format suited for multigenerational families or guests. Meanwhile, the 22 Urban Dwellings bring a compact yet contemporary option, offering style and functionality in a more vertical, space-efficient layout.
Construction is already underway on 23 Beach Dwellings, 10 Garden Dwellings, and four Urban Dwellings.
Building Community Alongside Infrastructure
Aséria’s appeal goes beyond the homes themselves. The community is envisioned as a living ecosystem. A residents-only clubhouse will serve as a hub for wellness and interaction, with facilities ranging from a gym and business centre to a convenience store and medical call centre. Elevated gardens and landscaped walkways provide space to breathe, stroll, and connect with nature and neighbours.
Importantly, the community is being built at a time when Hulhumalé’s Second Phase is rapidly transforming into a key residential and commercial centre. With public infrastructure expanding in tandem, Aséria homeowners enjoy a first-mover advantage in an area poised for growth.
Secure Investment, Legal Ownership
Unlike other forms of property acquisition in the Maldives, Aséria offers freehold-style ownership of land parcels for Maldivians, making it a rare opportunity to secure titled land in an urban setting. Backed by a joint escrow account held with Maldives Islamic Bank and supported by home financing options from Bank of Maldives (BML), the project offers financial transparency and security for buyers.
Batch Construction’s track record further reinforces buyer confidence. Since its founding in 2004, the company has executed over 200 projects across the Maldives, earning a reputation for reliability and high construction standards. Aséria is its most ambitious venture to date, and one that is already demonstrating tangible progress on the ground.
Limited Availability, Growing Demand
With only 73 plots in total and a significant portion already under active construction, availability is limited, and interest is rising. Aséria is more than a housing project; it is a long-term lifestyle and investment opportunity that aligns legal security, architectural vision, and the growing promise of Hulhumalé’s development trajectory.
For Maldivians looking to invest in a future-focused home, now is the moment to act. Aséria is not just where you live, it’s how you live.
For more information or to arrange a site visit, please contact the company at +960 799 5659, email info@aseria.mv, visit their website, or Instagram at Aséria by Batch.
