Melkonian Capital Management and RAL Companies has announced the official groundbreaking and public sales launch of Mandarin Oriental Residences, Grand Cayman which is destined to be the island’s most exclusive enclave featuring the new Mandarin Oriental, Grand Cayman Hotel. Scheduled for completion in Q1 2028, the development marks Mandarin Oriental’s first new construction resort and residences in the Caribbean and is set to deliver an unparalleled level of luxury.
A groundbreaking ceremony, with representatives from Cayman Islands Government, Mandarin Oriental Hotel Group, and ownership in attendance, was held on Tuesday, February 11 which celebrated the construction commencement on two distinct residential offerings, The Beach House and Ocean House Residences. The Beach House collection comprises 20 exquisite residences situated atop the 91-key ultra luxury resort complete with a comprehensive array of world-class amenities. Located along Grand Cayman’s iconic iron shore coastline next to the resort, The Ocean House collection features 22 uniquely designed residences within a private, boutique residential building.
Prior to official sales launch, strong momentum was driven solely by word of mouth, resulting in over 40% of residences being sold. Mandarin Oriental Residences, Grand Cayman offers the rare opportunity to own in one of the Caribbean’s most desirable destinations. The Residences are priced from USD$6 million.
“Breaking ground on this new luxury resort and branded residences with Mandarin Oriental is a significant step toward delivering an unmatched residential and hospitality experience on one of the most sought-after destinations in the Caribbean,” said Ryan Melkonian, Founder and Managing Partner, Melkonian Capital Management. “Global demand to date has exceeded expectations, and as we move forward with the public sales launch and construction, we are proud to unite renowned architects, designers, and builders with a storied hospitality brand to create this world-class destination.”
The Residences showcase both indoor and outdoor living with sweeping ocean views, expansive private terraces, and elegantly appointed interiors. Residents will enjoy access to Mandarin Oriental’s legendary hospitality and customised, concierge services in tandem with an extensive collection of award-winning wellness, culinary, and recreational amenities. The property features a 1,000-foot secluded crescent beach, spa and fitness centre, private infinity pools, diving and various marine activities, and multiple oceanfront dining concepts.
“This milestone represents not only the strength of the Grand Cayman market but the unique appeal of Mandarin Oriental’s five-star service and curated lifestyle,” added Spencer Levine, President, RAL Companies. “With a breathtaking location, sophisticated design, and the prestige of the Mandarin Oriental brand, these residences offer discerning buyers the pinnacle of Caribbean luxury.”
“Mandarin Oriental Residences, Grand Cayman will combine our rich heritage of craftsmanship with a modern vision of exceptional residential hospitality in the Caribbean,” said Francesco Cefalù, Chief Development Officer at Mandarin Oriental Hotel Group. “In partnership with Melkonian Capital Management and RAL Companies, we are thrilled to set a new benchmark of luxury living for homeowners who will enjoy an unparalleled lifestyle rooted in our brand’s legendary service.”
Nestled on 70 acres of thriving tropical forest at St. James Point on the island’s southernmost tip, Mandarin Oriental Residences, Grand Cayman provides unparalleled privacy within an already exclusive island community. The property’s 2,700 feet of oceanfront offers unobstructed panoramic views from one of the highest natural elevations on Grand Cayman Island, 35 feet above sea level.
For more information, please visit: https://MOResidencesGrandCayman.com/
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