Crystal Lagoons will inaugurate Treasure Bay Bintan15 May, 2015 / News
With a crystal clear lagoon in the dream world island of Bitan in Indonesia -48 km. from Singapore- Crystal Lagoons will debut in South East Asia, in partnership with the real estate, industrial, and financial holding linked to the Wee family, shareholders of Landmarks Berhad, Malaysia’s main real estate developer and owners of United Overseas Bank (UOB Bank), Singapore’s second biggest bank, among other companies.
The luxurious second-home project aims at Singapore’s growing demand for touristic spaces, in a country that has seen its development limited due to dramatic land site scarcity. With this development, Crystal Lagoons is expanding its global reach in key markets.
The complex features a 6.3-hectare lagoon, five-star hotels and 3.000 luxurious residential units with direct access to the lagoon. The development represents a total investment of about US$ 3.000 million and it features natural hills in which the residential units are built with Greek style architecture.
“This will be the first touristic project of its kind. Not just in Indonesia, but in South East Asia, with investment in tourist infrastructure that will support the economic growth in key markets for the region. With our innovation we increase the value of touristic projects anywhere in the world”, Jaime Rivera, Crystal Lagoons’ South East Asia Manager states.
A sum total of 117.600 cubic meters of water will be needed to fill the 6.3-hectare lagoon, which will be surrounded by 1.400 meters of white sand beach. In addition, it will also include two complementary amenities: a bungee jumping platform and a cable water ski facility.
Crystal Lagoons Corp. is an international innovation company, founded by scientist Fernando Fischmann, which has developed a patent-protected technology that allows the construction and maintenance of unlimited-size crystal clear lagoons at very low costs.