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24/02/2020

South Sound In Boom

 

South Sound is being transformed by new projects in various stages of completion. 


Fin is pioneering a long-term coral reef conservation program with 36 unit private residential development on over two acres of oceanfront land, with a private beach, salt water lagoon, elevated glass bottom pool.


Davenport Development is building the first phase of Vela, a 168-unit condo complex around a swimming pool and the first phase is sold out. 


The NCB Group has begun sales on beachfront project, Tides, which includes 24 ocean side condos priced at multi million-dollars.


Seven Mile Beach Investment company owned by Ergun Berksoy has Orchid Cove project underway.  The project includes 8 beachfront apartments across 4 floors totalling up to 2,500 square feet.

 

Another project under development is the Shore Club, a six-residence project from Baraud Development Ltd. 


Kim Lund from real estate agency RE/MAX, said the development boom is a result of the increasing demand in South Sound and added:  “It is definitely the desirable neighborhood, and the prices remain attractive. There is tremendous demand for that area, particularly from people working in George Town.” 


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