Crystal Lagoons to develop $450m real estate project in Thailand

13 August 2014 (Last Updated August 13th, 2014 18:30)

Crystal Lagoons is expanding its presence in South East Asia with the development of a $450m real estate project called MahaSamutr in Hua Hin, Thailand.

Crystal Lagoons is expanding its presence in South East Asia with the development of a $450m real estate project called MahaSamutr in Hua Hin, Thailand.

The 19.5ha project is part of Thailand-based real estate developer, PACE Development's, flagship community project.

Designed by Japanese architect Kengo Kuma, the project will have a 7ha lagoon at its centre with crystal turquoise waters surrounded by 90 luxury, bespoke villas with traditional Thai features.

Each of the four-bedroom villas will have direct access to the lagoon.

"The project will have a 7ha lagoon at its centre with crystal turquoise waters surrounded by 90 luxury, bespoke villas with traditional Thai features."

The project will also offer residents exclusive amenities such as private swimming pool, spa, water sports, waterfront dining and social events.

Crystal Lagoons CEO Kevin P Morgan said: "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.

"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 7ha is expected to be completed in early 2015."

Crystal Lagoons is also using its innovative patented technology of developing giant crystalline lagoons at the recently launched $3.5bn Treasure Bay Bintan project on Bintan Island in Indonesia, where it is developing a 6.3ha lagoon.

The Treasure Bay Bintan project is being developed by Landmarks.

Crystal Lagoons plans to launch further projects in Malaysia and India.