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Current Temperature 70.9℉

February | 2024 |

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February 22, 2024

Island Paradise Found: Lanikea at Waikiki #702

Nestled amidst the vibrant pulse of Waikiki, Lanikea at Waikiki #702 invites you to experience the magic of Hawaii living. This 2-bedroom, 2-bathroom haven offers 1,023 square feet of island-inspired comfort, blending contemporary design with warm island vibes to create a welcoming place to call home.

Lanikea #702 Interior

Unwind in Paradise:

Partial ocean views: From the comfort of your living spaces or your private lanai and savor glimpses of the Pacific Ocean. Lush treetop vistas add serenity, creating a tranquil escape within Waikiki’s vibrant pulse.

Modern comfort: Upgraded laminate flooring and open-concept living create a stylish and inviting space a step above what’s often found in Waikiki.

Fully equipped kitchen: Inspire your inner chef and craft delicious meals with ease.

Spacious bedrooms: Two spacious bedrooms with Pacific Ocean and treetop views offer comfortable retreats for family or guests.

Step Out Your Door to Paradise:

Your island adventure begins just outside your doorstep. Dive into the world-famous Waikiki Beach, known for its stretching sandy coastlines, turquoise waters, and endless opportunities for water sports. Learn to surf, paddleboard, or simply soak up the sun on the golden shores.

Beyond the beach, Waikiki offers a variety of vibrant experiences. Stroll through the bustling International Marketplace, a shopper’s paradise with renowned brands, local boutiques, and a diverse selection of restaurants. Craving a gourmet experience? An array of award-winning restaurants, trendy cafes, and open-air eateries are on virtually every corner.

Lanikea’s prime location in the heart of Waikiki grants you easy access to all the island’s offerings. Explore hidden gems, historical landmarks, and breathtaking natural wonders, all within minutes.

Luxury Amenities Await:

Lanikea offers a range of amenities to elevate your lifestyle, including:

• Large swimming pool and jacuzzi
• Outdoor barbecue and seating areas
• Secure building access
• Covered and secured parking

Lanikea Pool

More Than Just a Property, It’s an Investment:

Owning a piece of Luxury Hawaii real estate at Lanikea #702 isn’t just about acquiring a stunning condo; it’s about embracing an unparalleled island lifestyle. Wake up to ocean breezes, explore the island’s natural beauty, and enjoy vibrant culinary and cultural findings – all convenient to you.

Invest in your dream of Hawaii real estate. Contact us today to schedule a viewing and discover how Lanikea at Waikiki #702 can become your island paradise!
(808) 596-8801 | info@sachihawaii.com

February 22, 2024

Home Sales Rise in January, Inventory Remains Low

Oahu’s housing market kicked off 2024 with a positive note, seeing year-over-year increases in both single-family home and condo sales. However, the ever-present challenge of low inventory continues to keep prices elevated.

While sales volume increased for both property types compared to January 2023, the pace remained relatively flat month-to-month. Median prices also held steady, with single-family homes and condominiums both experiencing a slight year-over-year bump. Notably, homes are taking a bit longer to sell compared to last year, with both single-family and condos averaging 29 days on the market, compared to 24 days in 2023.

Single-Family Home Resales

Number of Sales Median Sales Price
January 2024 184  +22.7% $1,021,016  +5.3%
January 2023 150 $970,000

Condominium Resales

Number of Sales Median Sales Price
January 2024 292  +6.2% $502,500  +1.5%
January 2023 275 $495,000

Source: HiCentral

Despite the increase in new listings, inventory levels remain significantly lower than pre-pandemic levels. This keeps upward pressure on prices, although the impact varies by segment. Notably, sales volume for single-family homes surged in the higher-priced categories, while condos saw the most activity in the more affordable range.

Interestingly, contract signings declined in some price ranges, particularly for single-family homes in the $800,000-$999,999 and $1,200,000+ brackets. Additionally, condo sales closing above asking price dropped year-over-year, while the percentage for single-family homes remained consistent.

Opportunities exist for both buyers and sellers in todays market. In real estate, timing is often everything. If you’re looking to buy or sell, it’s important to work with a Realtor who can help you identify trends, and maximize the financial efficiency of your purchase or sale.

If you’re looking for an extra set of eyes to help you navigate today’s market, Sachi Hawaii has agents experienced in a broad range of markets and price ranges.
Contact Sachi Hawaii today:

(808) 596-8801 | info@sachihawaii.com

February 20, 2024

Diving into Honolulu’s Luxury Condo Boom in Kaka’ako

Honolulu’s iconic skyline is undergoing a metamorphosis, and at the forefront of this transformation lies Ward Village. This vibrant district, nestled beside Ala Moana Beach Park and bustling Ala Moana Center, is experiencing a surge in Hawaii luxury condo development unlike any seen before in the state. While Waikiki remains a cherished destination for visitors, Ward Village is captivating both residents and investors with its alluring blend of beachfront access, sophisticated urban living, and a wave of innovative new developments promising unparalleled luxury living.

Kaka’ako: From Industrial Hub to Urban Oasis

Once dominated by warehouses, Kaka’ako is blossoming into a dynamic urban center buzzing with creative energy. Here, luxury condos redefine island living, offering breathtaking ocean views and near-instant access to Ala Moana Beach Park, a haven for exercisers, beachgoers, and sunbathers.

Rising Stars in Kaka’ako

Ward Village has a host of luxury condominiums with units available for purchase.

The Launiu

Launiu Ward Village

Nestled within Kaka’ako, Launiu is Ward Village’s latest luxury condominium announced by Howard Hughes Corp. Soaring 40 stories above Honolulu’s vibrant cityscape, Launiu offers a collection of studio, one-, two-, and three-bedroom residences, each promising breathtaking ocean views and a taste of the best Hawaii has to offer. Residents can enjoy an array of amenities, including a sleek lobby, a club-style lounge, multiple private cabanas, wrapped in a true resort experience.

Kalae

Kalae Ward Village

Soar 38 stories above Honolulu’s vibrant pulse at Kalae, where iconic one-, two-, and three-bedroom residences redefine island living. Expansive lanais reveal breathtaking ocean vistas and Diamond Head’s grandeur, while stylish interiors crafted by renowned designers echo Hawaii’s rich heritage. Immerse yourself in a world of curated amenities, including a private pool, club-style lounge, and lush indoor-outdoor gathering spaces. Kalae seamlessly blends serenity with the allure of Ward Village’s diverse shops and restaurants, placing the best of Honolulu at your doorstep.

The Park Ward Village

The Park Ward Village

Nestled beside Victoria Ward Park, The Park Ward Village redefines effortless island living. Imagine 41 stories of light-filled studio, one-, two-, and three-bedroom residences boasting ocean vistas and serene mid-century design. Indulge in resort-style amenities, rejuvenating spa treatments, and expansive green spaces. Minutes from Ala Moana Beach and Ward Village’s vibrant scene, find harmony where nature, luxury, and convenience effortlessly blend.

Victoria Place

Victoria Place

Ascending 36 stories above Honolulu’s legacy, Victoria Place offers a sanctuary of timeless Hawaiian elegance within each studio, one-, two-, and three-bedroom residence. Lush gardens whisper the spirit of Victoria Ward, while expansive lanais unveil mesmerizing ocean vistas. Immerse yourself in club-inspired amenities, gather under the open sky, and forge memories in spaces designed for connection. Here, gracious island living meets modern luxury, weaving a legacy for generations to come.

Ulana Ward Village

Ulana Ward Village

Under the HCDA’s Reserved Housing program, Ulana Ward Village offers opportunities for eligible residents to own a piece of Honolulu’s vibrant Ward Village at below-market rates. Soaring 41 stories above the city, spacious studios, one-, two-, and three-bedroom residences boast breathtaking ocean views and modern island-inspired interiors. Residents can enjoy an array of amenities, including a sleek lobby, resident manager, and security, along with convenient retail options nearby.

Investing in Your Slice of Paradise

Honolulu’s luxury condo boom presents a unique opportunity for investors and residents alike. With proximity to world-class beaches, vibrant cultural offerings, and a thriving culinary scene, these condos offer an unparalleled lifestyle investment. Whether seeking a permanent residence or a vacation getaway, Honolulu’s luxury condo scene has something for everyone.

So, dive into Honolulu’s luxury condo boom and discover your own slice of paradise. With innovation, convenience, and unparalleled luxury setting the stage, these neighborhoods are poised to become the future of Honolulu living.

Ready to get started?
Contact Sachi Hawaii for more details or to schedule a visit to Ward Village:

(808) 596-8801 | info@sachihawaii.com

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