10 NATURE AND SIZE OF PROPOSED DEVELOPMENT The Morakot Island development on Koh Puos Island is a unique luxury residential and resort project, occupying an area of approximately 116 hectares on the 120 hectares of the island. The total construction area on the island is approximately 58 hectares. The project is a major development to promote luxury tourism in the coastal area of Cambodia. The project encompasses the construction of one 6-star luxury hotel, two 5-star luxury hotels, one 4-star casino hotel, a marina village and apartments, bungalows and villas. The project will have 155 villas ranging from 2 to 4 bedrooms, 225 bungalows ranging from 2 to 4 bedrooms, and 198 apartments ranging from studio to penthouse. The price for whole ownership of hotel units ranges from $90,000 to $300,000; the price range for 1/12th fractional interests in the hotel ranges from $15,000 to $50,000. The price for whole ownership of the villas is from $1 million to $2.1 million with fractional villa share prices ranging from $167,000 to $363,000. FIGURE №2
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