Immobilienprojekt PARADISE WATERS - ZKM | Eurasien Business AG

Page created by Darrell Mejia
 
CONTINUE READING
Immobilienprojekt PARADISE WATERS - ZKM | Eurasien Business AG
Immobilienprojekt
PARADISE WATERS
Immobilienprojekt PARADISE WATERS - ZKM | Eurasien Business AG
Gliederung
    Unternehmensgruppe
   Unternehemensgruppe
   Projektvorstellung
    ZKM Eurasien Business AG
   Indonesien
   Market Overview

Gliederung
Immobilienprojekt PARADISE WATERS - ZKM | Eurasien Business AG
Unternehmen

              Vorstand
              Herr Siegfried
               Sokolovskiy

Unternehmensgruppe
Immobilienprojekt PARADISE WATERS - ZKM | Eurasien Business AG
Herr Sokolovskiy
   Aktiv für unterschiedliche Verbände und Vereine für
   Jugendförderung und Sport (Gewalt gegen Drogen,
   Kampfsport gegen Gewalt und Fremdenfeindlichkeit, etc)

   Politische Aktivitäten (Bundestag, Im Stab von Schröder
   während der Wahlkampfkampagne, Leitung
   unterschiedlicher Verbände)

   Engagiert sich auch in der Schweiz für soziale Projekte
   (Schüleraustausch mit der Olympischen Schule in St.
   Petersburg, Vorstand mehrerer Jugendvereine)

Unternehmensgruppe
Immobilienprojekt PARADISE WATERS - ZKM | Eurasien Business AG
ZKM Eurasien Business AG

   Die ZKM wurde 2010 mit der Unterstützung des Amtes für
   Wirtschaftsförderung des Schweizer Kantons Thurgau, als wichtiges
   Bindeglied in der wirtschaftlichen Zusammenarbeit mit der
   Russischen Föderation, gegründet

   In den letzten Jahren hat sich der räumliche Tätigkeitsbereich und
   der Leistungsumfang unseres Unternehmens vergrößert und deckt
   heute nahezu das gesamte Gebiet der GUS Staaten und der EU ab

   Die Kernkompetenz von ZKM bleibt aber nach wie vor die
   Entwicklung von Geschäftsmodellen, die eine erfolgreiche
   Kapitalbeschaffung für Investitionsprojekte in Eurasien ermöglicht

Unternehmensgruppe
Immobilienprojekt PARADISE WATERS - ZKM | Eurasien Business AG
Herr Sokolovskiy
   Bereits seit 90er Jahren für Sicherheit aktiv (namhafte Freunde aus der
   Unternehemensgruppe
   Sicherheitsbranche und bei Militärs, die heute teilweise seine Partner sind)

   Projektvorstellung
   Aktiv für unterschiedliche Verbände und Vereine für Jugendförderung und
   Sport (Gewalt gegen Drogen, Kampfsport gegen Gewalt und
   Indonesien
   Fremdenfeindlichkeit, etc)

   Market Overview
   Politische Aktivitäten (Bundestag, Im Stab von Schröder während der
   Wahlkampfkampagne, Leitung unterschiedlicher Verbände)

   Engagiert sich auch in der Schweiz für soziale Projekte (Schüleraustausch mit
   der Olympischen Schule in St. Petersburg, Vorstand mehrerer Jugenvereine)

   7-facher Familienvater!

Gliederung
Immobilienprojekt PARADISE WATERS - ZKM | Eurasien Business AG
Location
                     The Paradise Waters development
                     project is located on the north-eastern
                     part of the Bintan island

                     Direct access to the state asphalt road.

                     45 minutes away from Singapore via
                     ferry.

                     The new international passenger
                     terminal, located 3.5 km from the site,
                     links the island with Singapore.

                     Rectangular shape: stretching +/- 500
                     meters from east to west.

                     54,9 hectare parcel of land.

                     870 meter coastline of pristine white
                     sand beach.

Projektvorstellung
Immobilienprojekt PARADISE WATERS - ZKM | Eurasien Business AG
General Information
             LAND TITLE - 80 YEAR LEASEHOLD
             “HGB” - the only land title in Indonesia, which allows foreigners to
             own land.

             DETAILED TOPOGRAPHIC AND GEODETIC STUDIES HAVE BEEN
             COMPLETED.

             ENVIRONMENTAL LICENSE
             for all types of construction works related to environmental changes
             (AMDAL), has been obtained.

             TWO CORAL REEFS
             with an area of 3.5 - 4 hectares, are located at a distance of 50-60
             meters from the shore.

             CRYSTAL CLEAR SEA
             and is situated outside the major shipping lanes of the Malacca Strait.

Projektvorstellung
Immobilienprojekt PARADISE WATERS - ZKM | Eurasien Business AG
General Information
             ECO-RECREATION
             area bordering the north of the site contains a mangrove forest with
             unique flora and fauna.

             MARINE RESERVE
             A few kilometres to the northeast is a federal marine reserve for sea
             cows (“dugon”).

             THE SITE IS LOCATED INSIDE THE FREE TRADE ZONE
             there are no luxury and sales taxes as well as import and export duties.

             THE PROJECT CONCEPT AND MASTERPLAN
             was developed by an international professional consultant in the field
             of resort and residential real estate - Horwath HTL and C9 Hotelworks.

             ‘‘LITTLE EUROPE IN THE HEART OF ASIA’’
             The integrated resort masterplan and detailed architectural designs are
             based on a unique concept of a «Little Europe in the heart of Asia».

Projektvorstellung
Immobilienprojekt PARADISE WATERS - ZKM | Eurasien Business AG
6 key success factors
  ENVIRONMENT AND SUSTAINABLE DEVELOPMENT
  An ecologically immaculate location surrounded by the
  crystal clear waters of the South-Eastern Sea.

  ACCESS AND INFRASTRUCTURE
  The site is located 5 minutes away from the international
  ferry terminal «Berakit», connecting the island to
  Singapore, Malaysia and Indonesia. The terminal can be
  reached via a modern highway directly from the entrance
  of the site.

  MULTI-CULTURAL
  Cultural diversity in local cuisine, architecture and
  traditional handicrafts makes Bintan a unique destination.

Projektvorstellung
6 key success factors
  BRANDING
  The resort will be operated by experienced key industry players.
  We have received a number of Expressions of Interest from a
  wide range of international hotel and resort operators. The site
  was visited and positively valued by a number of well-known
  developers and consultants.

  SAFETY AND SECURITY
  The site is located at a distance from other significant
  developments and settlements, and has only a single point of
  road access, with the rest of the perimeter being surrounded by
  a forest, enabling a safe and secure environment for the guests.

  DESTINATION MANAGEMENT TEAM
  The resort will be managed by a branded expert management
  company; an infrastructure asset manager will be created with
  the participation from the site owners.

Projektvorstellung
6 Key Success Factors
     The integrated masterplan envisages
     the creation of an international resort
     for 3 500 guests.

     With a total of 1500 keys,600 are
     allocated to hotels and 900 are
     assigned for apartments, townhouses
     and villas.

     The resort has sufficient infrastructure
     for entertainment, leisure and active
     recreation.

Projektvorstellung
Architectural Design
                     A unique architectural design, reveals
                     the concept of a «Little Europe in the
                     heart of Asia», comprising of
                     European style facades along the
                     “Europe Avenue”, which are
                     recognizable and popular amongst
                     the regions tourists.

                     Interior spaces for beach recreation
                     and relaxation, are designed with a
                     more concise hight-tech style of in
                     mind.

Projektvorstellung
Visualisations

Projektvorstellung
Visualisations

Projektvorstellung
Visualisations

Projektvorstellung
Herr Sokolovskiy
   Bereits seit 90er Jahren für Sicherheit aktiv (namhafte Freunde aus der
   Unternehemensgruppe
   Sicherheitsbranche und bei Militärs, die heute teilweise seine Partner sind)

   Projektvorstellung
   Aktiv für unterschiedliche Verbände und Vereine für Jugendförderung und
   Sport (Gewalt gegen Drogen, Kampfsport gegen Gewalt und
   Indonesien
   Fremdenfeindlichkeit, etc)

   Market Overview
   Politische Aktivitäten (Bundestag, Im Stab von Schröder während der
   Wahlkampfkampagne, Leitung unterschiedlicher Verbände)

   Engagiert sich auch in der Schweiz für soziale Projekte (Schüleraustausch mit
   der Olympischen Schule in St. Petersburg, Vorstand mehrerer Jugenvereine)

   7-facher Familienvater!

Gliederung
Bintain
   Indonesia is located in the region with the highest growth
   rate of Ultra High Net Worth Individuals (UHNWI). It has a
   population which exceed 250 mln, 25% of which are middle-
   class and affluent consumers. Within the region,the country
   is set to show the highest projected GDP growth (5,27%).

   After the election of a new President in 2014, the country
   further opens its doors to foreign investments by liberalizing
   regulation and through multiple promotion campaigns
   aimed at easing the flow of investments.

   The advantage of Bintan is that it benefits from the low costs
   of a developing market, while at the same time enjoying
   international revenue volumes, due to its location, just 45 km
   from Singapore.

   Excellent transport infrastructure with 6 operating seaports
   and a local and international airport.

Indonesien
Bintain
             STRATEGIC POSITION
             a gateway between the east and the west for the
             last eighteen centuries..

             RAPID GROWTH OF THE DOMESTIC CONSUMER
             MARKET
             The 4th largest country in the world, with 261 mln.
             inhabitants, of which 74 mln. are affluent middle-
             class consumers, predicted to reach 141 mln. by
             2020.

             REGIONAL ECONOMY:

             Top-5 producer of copper, nickel, nutmeg, essentia
             oils as well as a top-10 producer of gold and gas
             (second largest LNG exporter after Kuwait).

Indonesien
Bintain
             GDP in 2018-2022 is expected to reach
             5.5% p.a., the highest rate in ASEAN
             (except Myanmar); 39% of the GDP are
             services.

             Top-5 by volume of foreign direct
             investments (FDI) in Pacific Asia.

             TOP-2 IN THE WORLD FOR BIODIVERSITY:
             Country area includes more than 17,000
             islands.

             Unique species of flora and fauna, rich
             marine habitats.

Indonesien
Unique Destination
  With an area of 2400 square
  kilometres, Bintan is the largest
  amongst the 3200 islands inside
  the Riau Archipelago, Indonesia

  The city of Tanjung Pinang is the
  capital of the Riau province – and is
  located in the south-west of the
  island.

  Federal and regional governments
  are actively marketing Bintan as the
  “second Bali”

Indonesien
Unique Destination
  The proximity to the unique island
  state of Singapore predetermines
  success and sets a high level of
  standard for resorts. The location
  of Bintan allows to characterize it
  as being Indonesian for costs and
  international for revenue.

  The island’s population is
  approximately 450,000 including
  the capital of the province –
  Tanjung Pinang.

Indonesien
Development & Infrastructure

   The Minister of Tourism of the Republic
   of Indonesia, Arif Yahya announced on
   February 2, 2015 that Bintan is a
   priority destination for development in
   the tourism sector of the country.

   The island has sufficient infrastructure
   in place to cover domestic and foreign
   demand, furthermore it is constantly
   being improved.

Indonesien
Development & Infrastructure

   DEVELOPMENTS IN THE TRANSPORTATION
   NETWORK IN THE NEAR FUTURE:
   A new international ferry terminal, which will
   connect the island to the other islands in
   Indonesia, Singapore and Malaysia, built on the
   Berakit peninsula
   – set to open in autumn of 2019.

   ELECTRICITY
   is provided by a 136 MW power plant, with
   future expansion plans to 211 MW. Each of the
   resorts further supplements this with their own
   infrastructure.

Indonesien
Development & Infrastructure

   WATER SUPPLY:
   a centralized drinking water supply from a reservoir of 5
   million litres, and
   a 1.5 million litres reservoir for technical water, from
   which water is supplied to the water treatment plant.
   This system was created for the west coast resort
   projects and meets the standards of WHO. Resorts
   usually use their own reservoirs, desalination plants
   and/or artesian water.

   WASTE TREATMENT PLANTS
   are usually created by the owners of the projects. The
   treated water can be used for household needs and
   irrigation. Municipal solid waste is disposed via
   centralized services on a contractual basis.

Indonesien
Culture – Environment – Sport

Indonesien
Culture – Environment – Sport

   Bintan has a rich heritage: The island
   is located inside a strategic trade
   route between India and China.

   Along with the indigenous people of
   Bugis and Malays, the Portuguese,
   Dutch, British and Arabic people
   played an important role in the
   history of Bintan at various times

Indonesien
Culture – Environment – Sport

   Bintan has many sites, related to the rich history of the region.
   The oldest and most interesting landmarks are the Buddhist and
   Muslim temples and mosques. European heritage is represented
   by a number of secular buildings and churches

Indonesien
Culture – Environment – Sport

    Bintan is famous for its flora and fauna and is
    popular with the lovers of nature

Indonesien
Culture – Environment – Sport

    Bintan – hosts many international sport events

Indonesien
Herr Sokolovskiy
   Bereits seit 90er Jahren für Sicherheit aktiv (namhafte Freunde aus der
   Unternehemensgruppe
   Sicherheitsbranche und bei Militärs, die heute teilweise seine Partner sind)

   Projektvorstellung
   Aktiv für unterschiedliche Verbände und Vereine für Jugendförderung und
   Sport (Gewalt gegen Drogen, Kampfsport gegen Gewalt und
   Indonesien
   Fremdenfeindlichkeit, etc)

   Market Overview
   Politische Aktivitäten (Bundestag, Im Stab von Schröder während der
   Wahlkampfkampagne, Leitung unterschiedlicher Verbände)

   Engagiert sich auch in der Schweiz für soziale Projekte (Schüleraustausch mit
   der Olympischen Schule in St. Petersburg, Vorstand mehrerer Jugenvereine)

   7-facher Familienvater!

Gliederung
Region Wealth of Creation

   Asia (mainly China and South-East Asia) will account for 31 out of 39 cities in the
   world with the highest forecasted growth rate in the number of new UHNWI in 2016-
   2023.

   Asia is expected to show an increase of 45% of individuals with wealth over

   $30 mln. (vs. 28% world-wide), 52% for centa-millionaires (vs. 31%), 66% for

   billionaires (vs. 38%).

   In the next 10 years the biggest UHNWI increase will be seen in Singapore (+1724),
   Hong Kong (+824), London (+716), Beijing (+554), Mumbai (+533),

   Shanghai (+514) and Jakarta (+512).

                 Source: The Wealth Report, Knight Frank, Global Investment Sentiment Report, Cushman and Wakefield 2018 Global Investment Atlas

Market Overview
Active Investment in Real Estate

   Share of Asia in the global volume of investments in commercial real estate
   increased from 22% in 2015 to 50% in 2018.

   83% of investors in Pacific Asia expect to maintain or increase allocation to real

   estate in 2018.

   30% of the investment portfolios of UHNWI and HNWI in Australasia are
   consistently dedicated to real estate, in Asia it is 28% - in both cases it is higher
   than the share allocated to real estate in other regions. In this segment 61% is
   investment into residential property and 33% is into commercial property.

   79% of Asian investors prefer direct ownership.

                Source: The Wealth Report, Knight Frank, Global Investment Sentiment Report, Cushman and Wakefield 2018 Global Investment Atlas

Market Overview
Key Global Real Estate Market Centers

    12 out of 50 world cities with the highest property price increase
    in 2013 were located in Pacific Asia with Sydney and Singapore
    being ranked the 1st (+28%) and the 3rd (+22%) respectively,
    Jakarta is the 14th, Seoul is the 19th and Kuala- Lumpur is the
    26th

    While the overall price level is still moderate outside of China
    and Singapore, which calls for cherry-picking approach when
    selecting a region and site for development.

             Source: The Wealth Report, Knight Frank, Global Investment Sentiment Report, Cushman and Wakefield 2018 Global Investment Atlas

Market Overview
Tourism
 Indonesia lags behind the neighbouring
 countries in terms of the numbers of foreign
 tourists. The government prioritises the
 development of tourist attractiveness as one
 of the main factors of economic growth.

 Indonesia, is enjoying a rapid growth in the
 flow of international tourists - about 12% per
 year over the last 5 years.

 Spending from tourists grew by an average
 of 13.4% per year in the period from 2010 to
 2018, and the share of tourism in Indonesia’s
 GDP grew to 5.2%.

 80% of tourists come from Asia. Singapore
 ranks first (20%), followed by Malaysia (17%),
 Australia (12%), China (8%) and Japan (5%).
 The proportion of Chinese and Australian
 tourists is constantly growing.            Source: Ministry of Tourism, HVS, Tourism Solutions International, Investment Coordinating Board

Market Overview
Tourism
 The hotel industry is being actively
 developed by international investors.
 In the period from 2010 to 2018 the
 average investment activity grew by
 8.6% a year and is moving from Java
 and Bali towards other regions.

 There is a growing interest from
 investors for the second and third tier
 development regions (Bintan, Batam,
 Lombok, Flores, etc.), many recognise
 the commercial potential of these
 regions.

 Companies which invest in Indonesia’s
 tourism industry, prefer to create
 integrated resorts.
                                       Source: Ministry of Tourism, HVS, Tourism Solutions International, Investment Coordinating Board

Market Overview
Tourism
  The Indonesian National State
  Strategy envisages a marketing
  program to raise publicity for the
  country’s investment opportunities
  in the tourism sector, concentrating
  in 8 countries: USA, UAE, South
  Korea, Australia, Singapore,
  Taiwan, England and Japan.

  The government has introduced a
  visa-free regime for 45 countries,
  including China, Japan, UAE, South
  Korea, Australia, Singapore and
  others.
                                   Source: Ministry of Tourism, HVS, Tourism Solutions International, Investment Coordinating Board

Market Overview
Tourism
 The Ministry of Tourism and Creative
 Economy believes that by 2019, the
 hospitality sector will need to create an
 additional:The government has introduced a
 visa-free regime for 45 countries, including
 China, Japan, UAE, South Korea, Australia,
 Singapore and others.
 - 120 000 rooms;
 - 15 000 restaurant;
 - 10 000 tourist agencies;
 - 300 international level theme parks;
 - 2 000 diving centres;
 - 100 marinas.

 HSV estimates that by 2022 the industry will
 need an additional:
 - 100 000 keys;
 - 700 - 800 hotels;
                                            Source: Ministry of Tourism, HVS, Tourism Solutions International, Investment Coordinating Board.

Market Overview
Branded residences and villas
  The international tourism zone of
  Bintan will stay predominantly
  occupied by upscale hotels

  Howarth HTL estimates the CAGR
  of tourism arrivals at 17% for the
  period 2014-2023

  Three-quarters of hotels work in the
  upscale niche.

  60% of hotels charge from USD150
  to USD250 per night, while 40% of
  the hotels quote USD100 to
  USD150 per night.                      Source: HHTL, market concept. * In 2014 two large hotels were closed for renovations.

Market Overview
Branded residences and villas
  Residences are a supplementary
  concept to the hotels when a new
  development is concerned.
  Residences on Bintan form their
  own market, demonstrating
  healthy sales. Hotel-branded
  residential units would, ceteris
  paribus, typically fetch a 15%-20%
  premium over non-hotel branded
  residential products.

  On average, the residences have
  1-2 bedrooms and are under 100
  square meters.                       Source: HHTL, market concept. * In 2014 two large hotels were closed for renovations.

Market Overview
Branded residences and villas
  Many developers offer a
  guaranteed yield and/or buy-back
  schemes or mandatory lease-back.
  Buyers seek a combination of
  second home and investment
  opportunities when making a
  decision.

  Many projects in the international
  resort zone are mix-use complexes.

  Villas are usually up to 120 sqm. in
  size. There are only 3-4 projects
  where luxury villas are offered.
                                         Source: HHTL, market concept. * In 2014 two large hotels were closed for renovations.

Market Overview
Operating hotels
             CLUB MED
             There are only two Club Med hotels in Indonesia. One is on
             Bali and the other is on Bintan. Established in 1997, the 302-
             room resort is the only all-inclusive resort on the island. Other
             facilities include 2 restaurants, 4 bars, fitness centre, mah-jong
             room, tennis court, spa and meeting rooms.Many projects in
             the international resort zone are mix-use complexes.

             BANYAN TREE BINTAN
             Opened in 1995, the 64-villa Banyan Tree Bintan was the only
             branded luxury product in Bintan until Sanchaya was opened.
             The size of a standard villa ranges between 79 and 404 square
             meters. The resort features spa, 3 restaurants, a beach bar, a
             kids’ club, a meeting room, a rock-edge swimming pool, a
             beach pool, a golf course and a water sports centre. Banyan
             Tree had a major renovation in 2012. The resort is located
             within a 45-minute drive from the ferry terminal.

Market Overview
Operating hotels
             ANGSANA BINTAN
             Angsana Bintan. Opened in 2000, offers a total of 113 rooms and suites. The
             standard room size is 33 square meters and one-bedroom suite is 76 square
             meters. The resort features 3 restaurants, a lobby lounge, a spa, an outdoor
             swimming pool, a gym, a water sports centre, 2 tennis courts, a kids’ club and
             a 135-square-meter meeting room. Last major renovation of the property was
             in 2011. It is located within a 15 minute drive from Bandar Bintan Telani ferry
             terminal and local trade mall. Chain: Banyan Tree Hotels & Resorts.

             SANCHAYA
             Sanchaya is a villa & hotel complex in Lagoi Bay opened in January 2015. The
             territory is 9.2 hectares. Featuring 30 individual designed keys including
             private villas and suites. It has a deluxe positioning and so far it is the most
             luxury resort on the island. It accommodates 17 private villas (75-1045 sqm)
             and 9 suites (40-90 sqm) at the Great House. The largest villa has 4
             bedrooms and a private pool. The smallest villa has 1 bedroom only. The
             decoration has colonial flavour. The estate has an all-day dining room, a
             restaurant a la carte, a grill, a salon with a bar and a library. There are also a
             spa, gym, daily yoga sessions and a conference room area. Sanchaya is a
             private enterprise and is not part of a hotel chain

Market Overview
Operating hotels
  NIKOI
  Is a small private island located 8 km to the south-east of Bintan. 15
  beachfront two- storey beach houses and two swimming pools, restaurants
  and a bar are located on 15 ha. Villas are made from gigantic beams of
  driftwood topped with jaunty, ylang-ylang grass roofs . Privacy is guaranteed
  with all accommodation generously spaced out over a 5 hectare site on the
  western side of the island. There are no more structures on the island. The
  remaining 10 hectares have been reserved as a sanctuary to ensure that

  BINTAN LAGOON
  Opened in 1996, managed by Mozaic Hotels & Resorts. This Indonesian-
  style 470-room resort has the largest room inventory among the competitive
  hotels. The resort occupies a land area of 310 hectares and features facilities
  including 9 restaurants, 3 bars, a golf course and a good mix of meeting
  facilities, in total, approximately 4,000 square meters, which helps the resort
  to capture sizeable MICE demand from Singapore and Malaysia. The hotel
  had major renovation in 2008, and the rooms are well maintained.

Market Overview
Operating hotels
  NIRWANA RESORTS GARDEN
  Opened in 1995, Nirwana Gardens comprises of five different styles of
  accommodations to cater to all types of travellers: the rustic Mayang Sari
  Beach Resort; the village-style Nirwana Beach Club with cabana rooms;
  Banyan Biru Villa for families and gathers; the exclusive Indra Maya Pool
  Villas. The resort occupies a total area of 330 hectares and offers a
  comprehensive range of facilities that include 12 restaurants, 2 bars, 2
  outdoor swimming pools, a spa, a sea sports centre, a fitness studio and 12
  meeting rooms, in total, 2160 square meters. Furthermore, the resort offers
  a variety of activities such as elephant riding, horse riding, archery, air rifle
  shooting, paintball, skirmish, etc.Nirwana Resort Hotel has 245 rooms and
  suites and offers the lowest rate amongst the resorts.

  CASSIA
  Located next to Angsana, Cassia is a condotel property under the Banyan
  Tree Group (over 30 hotels, 60 spas, 80 trade centres and 3 gold courses
  world-wide). It offers one and two bedroom units ranging from 41 square
  meters to 63 square meters plus a piece of land. Cassia gradually releases
  blocks for sale in the range USD4000-44000 per sqm.

Market Overview
Operating hotels
  THE RESIDENCE BY CENIZARO
  The hotel opened in February 2018. Cenizaro Hotel & Resorts, the hotel
  business of Bonvests Holdings Limited, is a leading international luxury real
  estate and hospitality company with a portfolio of independent resorts and
  hotels. The total area is 54 hectares, which is occupied by 127 luxury villas. At
  the moment, amenities include an infinity pool, an entertainment program for
  children and a gym, as well as a spa and wellness center, 2 outdoor restaurants
  with terraces.

Market Overview
Operating hotels
  GRAND LAGOI
  This 196-room condotel was officially opened in May 2015. 139 rooms are de-lux with the area of 45 sqm,
  30 superior de-lux with 54 sqm, grand de-lux is 56 sqm, one presidential suite is 129 sqm, 26 suits are 90
  sqm. There is also a family suit. The hotel is strategically located right on the doorstep of Bintan’s
  entertainment activities at Lagoi Bay Village. The sea is accessible via Lagoi Plaza.

  CRYSTAL LAGOONS CORP.
  In the summer of 2015, the first glamping hotel on Bintan - The Canopi was opened. The complex,
  located on 2 hectares includes 100 villas, and the initial rooms had been increased in 2017 from 40 to 100
  because of high demand. The hotel is located in the Treasure Bay area on the shores of the largest artificial
  crystal lagoon in Asia.

Market Overview
New Projects
 INTERCONTINENTAL HOTELS GROUP
 The new Holiday Inn Resort Bintan Lagoi Beach and Indigo Bintan Lagoi Beach hotel
 will open in 2019 in the Lagoi Bay area. The 250-room Holiday Inn Resort Bintan Lagoi
 Beach and the Indigo Bintan Lagoi Beach hotel will be located on a 2.5-hectare beach
 owned by PT. Graha Agung Indahsentosa.

 DOULOS PHOS
 The world’s oldest passenger ship Doulos Phos will go through a major facelift and will
 soon become a heritage hotel with resort-style facilities, berthed in Bintan. The owner,
 Singaporean businessman Eric Saw, initially had plans for it to be a floating hotel in
 Singapore but finally settled on Bintan after failing to find a suitable berthing spot.
 Doulos Phos first set sail in 1914 (2 years after Titanic sank) and boasts a rich history.

 THE HAVEN HOTEL & RESORT.
 Malaysian-based property developer The Haven Sdn Bhd is starting the construction
 of hotel, resort and condotels projects, namely The Haven Bintan Hotel and Resort, in
 a 26-hectare area inside the Lagoi integrated tourism area, worth S$200 million
 (US$148 million) of initial investment. The Haven Bintan Hotel and Resort, part of The
 Haven’s eight-year construction project worth S$1 billion of total investment, is the
 developer’s first project in Indonesia after completing its The Haven Lakeside
 Residence in Perak, Malaysia last year.

Market Overview
You can also read