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June 1, 2009

Resort and residential development Hainan Clearwater Bay under construction
PRC property developer Agile Property Holdings Ltd planned to develop its third project outside Guangdong Province, namely Hainan Clearwater Bay. The project will be developed into a large-scale resort and residential community.
     Located in Lingshui County, Hainan Clearwater Bay enjoys geographical edge with proximity to Sanya City. Capitalizing on the 12-kilometer-long coastline in the Southeast, which is of great value in tourism development, the project is one of the key construction projects under the "11th Five-Year Plan" of Hainan Province and will be developed into a large-scale resort and residential community. With a site area of about 9,100,000 sq m and a gross floor area of about 9,860,000 sq m, the project will be equipped with three 18-hole golf courses of international standard, six top-notch hotels and two yacht clubs, together with large-scale commercial streets, shopping malls, hot spring valley as well as other resort real estate facilities, hence making it an ideal spot for tourists and travelers from around the world. At present, the construction of infrastructure for the majority of properties in the first phase of Hainan Clearwater Bay as well as the 16-kilometer-long scenery road is completed. Besides, a 18-hole golf course and the clubhouse will commence operation soon.
     The first phase of Hainan Clearwater Bay comprises two components, namely Golfer's Paradise villas and Cote d' Azur apartments, both of which are highlighted by a full view of the golf course.




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