The Haven Lagoi Bay Bintan – a S$1.4 billion (US$1 billion) integrated resort comprising a hotel, condominiums, a convention centre and other facilities – is slated to roll out from 1Q2021.
The first phase comprises two towers and a club house, while a 250-room five-star hotel, a 3,000-pax convention centre and six towers of condominium suites in the subsequent phases are set to be completed by 2026.
The Haven Lagoi Bay Bintan is being developed by The Haven Bintan – an Indonesian company, subsidiary of The Haven Hotels and Resorts, Singapore and a member of The Superboom Group of Companies, Malaysia – along with contractors Total Bangun Persada, Indonesia and China Yunnan Construction Investment Holding Company. An MOU was signed in Jakarta yesterday by the trio.
Peter Chan, CEO of the Haven Group, said the convention centre would appeal most to planners based in Singapore and Indonesia, and added that the 26ha project is set to be the only “skyrise development” on Bintan.
He further highlighted The Haven Lagoi Bay Bintan’s “rareness” and “desirability” of boasting three waterfronts – sea, river and lake.
Chan is confident that arrivals to Bintan will grow exponentially when the new Bintan Resorts International Airport becomes operational by 2020, with numbers rising at a rate of 30 to 35 per cent, taking total footfalls to 3.5 million in the next five years.
