Exclusive Market Insights!
Wow! Oahu has been attracting a new group of ultra high-net-worth buyers to Hawaii that is helping to drive the number of luxury home sales. In the first nine months of 2018, there have been a lot of single-family home recordings for $10 million or more and Honolulu condominiums with units selling for the same stratospheric prices. Continue reading…
The first four days of sales, more than half of the market-priced condominium units at Azure Ala Moana, ProsPac Holdings Group’s 41-story mixed-use tower across from Walmart’s flagship Honolulu store, are under contract to owner-occupant buyers. The developer ran its first newspaper ad on Friday and lines began as prospective buyers waited for sales to begin on Saturday. Azure Ala Moana condo project across from Honolulu Walmart 60% sold
HART is commencing with the Middle Street-to-Ala Moana phase of the $8 billion, 20-mile project starting with a utilities relocation project that began recently along Kamehameha Highway between Middle Street and Puuhale Road in front of the Oahu Community Correctional Center. Middle Street-to-Ala Moana phase of rail project moving ahead
The Bratton Team sold the Luana Land at Honua Kai to Ledcor in August of 2017. Since the purchasing of the property, Ledcor has named the development’s townhome project, The Luana Garden Villas. It sits on 10 acres in the Honua Kai Resort & Spa on Maui and has sold out more than half of its 72 units since launching sales earlier this year. The project is being built in “enclaves” of multiple two-story buildings, each containing four three-bedroom units, and is the last development in the Honua Kai Resort.
The wording of a new constitutional amendment on education funding is making a lot of people in Honolulu uneasy because “it fails to mention that the proposed measure could result in a tax placed on a wide range of investment property” (Stewart Yerton, Honolulu Civil Beat). Critics from the City and County of Honolulu have come up with a lawsuit asking the election officials to change the wording because it is so vague. The title is merely: “CON AMEND: Relating to Public Education and Investment Property.” We all have a
Last week, the Howard Hughes Corp. broke ground on the Central Plaza at Ward Village. It will be a beautiful green space in the middle of the towers where residents and non-residents alike can enjoy outdoor movies, live music, yoga classes and more. Janis Magin writes in Pacific Business News, “The first phase of the plaza is being built with grass and native landscaping on a 1.5-acre space next to the Ward Entertainment Center that until recently was home to warehouse buildings…The park space, which was one of the requirements