August 2015

Found 3 blog entries for August 2015.

honua kai

The summer season has come and gone and we can now get a better perspective of the Honua Kai real estate market. Although our 2015 Mid Year Review provides a good bird's eye perspective, with our market being so season-dependent, the end of summer can provide context that other more conventional quarter-based analysis cannot. 


New Listings - With 10 new listings hitting the market, August turned into one of the busiest listing months in recent memory:

Hokulani 316 - Ocean views from this unit, but as it faces the construction (which is said to scheduled for the upcoming 24-36 months) it may take some time for absorption - although it is the only ocean-view 1-bedroom unit in the market today. Priced at $870K. 

Konea 214 -

Today's questions comes from a frequent visitor to Honua Kai who is thinking of purchasing a condo.

Question:  My last visit was in mid June, during which time there was on-going construction of the main pool, what is the status now?

hokulani pool honua kai

Answer: Yes, there has been an on-going project at Honua Kai, in which the Hokulani pool (main pool, closest to Duke's) is being resurfaced/repair. Unfortunately, as of the writing of this post (late August 2015), the pool remains closed and there is no estimated time of completion. 

We will post updates on the status as soon as new information is received. In the meantime, peruse available Honua Kai Real Estate and contact us with any questions.

** Update 08/22: We were informed by a member of the BOD that

After much speculation in the Wailea real estate community, it can now be put to rest: The Shops of Wailea has sold... for $342M! The 16 acre, 160K+ square foot shopping center was purchased by Heitman Capital Management, LLC, a Chicago-based real estate management firm. 


The Shops of Wailea opened in 2000 and is home to some of the most exclusive retailers in Hawaii - and is the Wailea location for the Island Sotheby's Int. Realty office. Retailers include Gucci, Louis Vuitton, Tommy Bahama, Tori Richards, Tiffany & Co. and others. Directly in front is arguably one of the most exclusive condominiums in Hawaii: the Wailea Beach Villas. 

For those interested in learning more about the Wailea real estate market, what this sale meant to the overall