PACE Development Corporation Plc, says that it plans to complete Asia’s largest clearwater lagoon by December this year at a cost of Bht 600 million. The 45-rai lagoon is located inside the 120-rai, MahaSamutr ultra-luxe villa-and-country-club resort being developed at Hua Hin Soi 112 with an overall investment of Bht 3,280 million.
Sorapoj Techakraisri, Chief Executive Officer, PACE Development Corporation, said, “This lagoon will become an iconic landmark for Hua Hin. It is the first time that this cutting-edge clearwater technology is being introduced to Asia and it will be a sensation. The lagoon’s water is always crystal clear as it is constantly monitored and maintained through telemetry to ensure the ‘paradise beach’ feel of turquoise waters edged with fine white sand and trees.”
Sorapoj Techakraisri, Chief Executive Officer, PACE Development Corporation.
The quality of the water is maintained from a global control centre using a system of filters and other technologies that ensure the virtual elimination of all chemicals and chlorination which are reduced to less than 1% of what is usually used in current pool technologies.
Kevin P. Morgan, CEO of Crystal Lagoons USA, Inc. 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 portfolio. We partnered with PACE because of their strong reputation and successful track record.”
MahaSamutr is comprised of 81 private villas located around the clearwater lagoon, ranging in size from around 550-600 sqm, on 200 sq wah of land, and priced at Bht 40 million, upwards. The project is being built by one of Thailand’s foremost contracting companies, Thai Obayashi.
MahaSamutr also has Hua Hin’s first Country Club that PACE says will provide members and villa owners with “a level of service and facilities at their vacation home that is unparalleled in Thailand.”
In addition to the prestigious country club, MahaSamutr offers villa owners access to the Beach Club which is located in the middle of Hua Hin beach, and offers al fresco dining as well as abundant parking facilities.
“It gives residents the luxury of having a place right on the edge of the sea and a private facility from which to watch sunsets,” Sorapoj said.
He added that the Hua Hin property market was very robust for villas as the supply of the highest quality properties was limited while demand for them was increasing because of a rapidly growing urban wealthy class seeking private villas and private gardens in the resort.
MahaSamutr’s luxury villas will surround a 45-rai clearwater lagoon, the largest of its type in Asia.
Sorapoj said that the approach of the ASEAN Economic Community had also had a positive effect on demand for villas and that PACE was targeting overseas buyers for around 25% of its MahaSamutr villas.
MahaSamutr is expected to be completed by the last quarter of 2015. Show villas will be ready for viewing in Bangkok in November this year.
