Fai Fai beach property sold to hotel operator

Fai Fai beach property sold to hotel operator

BY LARA OZAKI

Journal Staff

NDG Asia Pacific (Guam) Inc. purchased the Fai Fai beach property, north of Gun Beach, from Fai Fai Beach Associates in November for $5 million. NDG Asia Pacific (Guam) Inc. applied for its business license on Sept. 6 for “business office operations for hotel,” and the sale was recorded on Dec. 15 with the Department of Land Management Office of the Recorder.

Both parties are aware and agree that water and power are not available on, or within 100 feet of, the real property and that the government of Guam is not required . . .

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