DUBAI-Â Crystal Lagoons Corp., the patented technology developer of giant crystalline lagoons continues to expand its presence in South-East Asia with a launch of a 7-hectare project in Hua Hin, Thailand.
MahaSamutr, a US$450 million luxury real estate project will have the crystal turquoise waters of the lagoon as its centerpiece, and is part of Thailand’s leading real estate company PACE Development’s flagship community.
“Thailand gives us an outstanding strategic position in South-East Asia, and the opportunity to participate in a world-class development that adds prestige to our current project portfolio. Our partnership with PACE on MahaSamutr Hua-Hin gives us the opportunity to deliver an amenity like no other. Initially we chose to work with PACE because of their strong reputation which was reinforced by the success so far on the development we are working. Together we are collaborating to produce a lagoon using technology introduced for the first time in the South East Asian region. The lagoon which will cover a total area of 7 hectares is expected to be completed in early 2015,” said Kevin P. Morgan, CEO of Crystal Lagoons.
Renowned Japanese architect, Kengo Kuma will design the development which will include 90 luxury bespoke villas that will retain traditional Thai features. Ranging in price from US$1.2 million up to US$2.5 million, each 4 bedroom home will have direct access to the lagoon, a world first for any real estate project of this type.
MahaSamutr, will be located in Hua Hin, 200 kilometers south of Thailand’s capital, Bangkok, and will be developed over a total area of 19.5 hectares, with the 7 hectare navigable crystalline lagoon at the heart of the project.
Combining privacy and a sense of tranquility, residents will have access to exclusive Beach and Country Clubs with each offering a range of exclusive amenities including private swimming pool, spa, water sports, social events and waterfront dining.
A limited number of non-residents will also be able to become members of the country club and enjoy access to the unique ambiance of the crystalline lagoon. Â Â
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rystal Lagoons’ innovative patented technology has allowed the company to expand its presence globally in a short period of time. It ventured into South-East Asia earlier this year when it launched a 6.3 hectare project as part of the US$ 3.5 billion flagship Treasure Bay Bintan project on the Indonesian island of Bintan which is under development by leading developer Landmarks Berhad. Crystal Lagoons is also planning to announce projects in Malaysia and India.
With the appetite for leisure-centric large-scale water projects growing, Crystal Lagoons is the only international company that offers the technological capability to make the development of giant controlled manmade bodies of water economically viable and environmentally feasible.
It is successfully positioning itself as offering a unique product differentiator to high profile tourism projects around the world and currently has a global portfolio of 300 projects spread across 60 countries. It also holds two Guinness World Records’ titles with high profile locations in San Alfonso del Mar, Chile and Sharm El Sheik, Egypt, which is currently the world’s largest lagoon at 12 hectares.