Hawaii Time
Current Temperature 76.2℉

sachi_admin |

July 19, 2024

Waiea Penthouse #3400 Sees a Price Improvement – Take a Tour

Discerning Honolulu luxury home buyers seeking an unparalleled luxury residence will want to take a closer look at Waiea Penthouse #3400. Now with a substantial price reduction, bringing the property down from $19,000,000 to $16,900,000, now more than ever presents a compelling opportunity to acquire a truly one-of-a-kind residence within Ward Village’s prestigious community. Inside, a 4 bedroom + den, 4.5 bath, 4,192 sq.ft. floor plan with 13.5-foot ceilings welcome you home, unfolding to breathtaking vistas of Diamond Head and the Pacific Ocean.

This exceptional penthouse offers a once-in-a-lifetime chance to experience unparalleled living in the heart of Honolulu. Residents will enjoy a multitude of high-end resort amenities, private cabanas, reserve-able barbecue suites, a panoramic infinity-edge pool, private owner’s bar and lounge, chef’s kitchen, formal dining and entertainment areas, plus much more. Waiea is situated directly across from Ala Moana Beach Park, sandy beaches, shops, restaurants, and more.

To fully immerse yourself in the exceptional design and amenities of Waiea Penthouse #3400, we invite you to explore Waiea Penthouse #3400, guided by Keiko Nespor, co-listing agent for the property.

For more information on Waiea Penthouse #3400, contact Sachi Hawaii:
(808) 596-8801 | info@sachihawaii.com

July 12, 2024

Victoria Place in Kakaako’s Ward Village Nears Completion

Victoria Place

Victoria Place is set to become Howard Hughes’ latest completed ultra-luxury condominium project in Ward Village, an award-winning master-planned community in Honolulu. Situated along the front-row of Ala Moana Boulevard, 350 1-, 2-, and 3-bedroom residences will be treated to a prime location directly across from Ala Moana Beach Park. Front-facing 3-bedroom units will be treated to panoramic coastline and Pacific Ocean vistas.

Residents of Victoria Place will enjoy a comprehensive suite of amenities designed to enhance every aspect of their island lifestyle. Beyond the stunning property itself, Victoria Place boasts a private porte-cochère for convenient arrivals and departures. Inside, a welcoming lobby and reception area set the tone for refined living. Residents can unwind in the lush Palm Garden, socialize in the dedicated card room or private meeting rooms, or take advantage of on-site amenities like secure bicycle storage and residential parking.

For recreation and relaxation, Victoria Place offers a Lauhala Pool House complete with a pool, lawn, lānai, and barbeque grills, perfect for entertaining or soaking up the Hawaiian sun. Additionally, guest suites provide a comfortable haven for visiting friends and family, while pet owners will appreciate the on-site dog run. With direct access to Victoria Ward Park, which connects to a an upcoming Ala Moana Beach Park pedestrian bridge, residents can seamlessly connect with the natural beauty of Honolulu.

The expected completion date for Victoria Place is Fall, 2024.

If Victoria Place sounds like your ideal paradise, select residences remain available. For inquiries, contact Sachi Hawaii:
(808) 596-8801 | info@sachihawaii.com

July 10, 2024

Honolulu Real Estate Market Update: June 2024

The Oahu real estate market continues to show its resilience in June 2024. Single-family home sales remained strong, with a 4% year-over-year increase, and median prices reached a healthy $1.12 million, reflecting a 6.7% rise. This indicates continued buyer interest in single-family homes.

The condo market is experiencing a period of adjustment, with sales volume moderating by 24.5% compared to last June. However, this presents a potential opportunity for condo buyers. Inventory levels are on the rise, particularly in the more affordable $300,000 to $499,999 range, which saw listings more than double year-over-year. This increased selection, coupled with a slight decrease in condo sales, could lead to more favorable buying conditions for condo seekers.

Single-Family Home Resales

Number of Sales Median Sales Price
June 2024 258 +4.0% $1,120,000 +6.7%
June 2023 248 $1,050,000

Condominium Resales

Number of Sales Median Sales Price
June 2024 355 -24.5% $530,000 +3.9%
June 2023 470 $510,000

Source: HiCentral

Overall, the Oahu real estate market offers diverse opportunities for both buyers and sellers. With the help of a trusted REALTOR®, navigating the current market trends can lead to a successful transaction. The report by the Honolulu Board of REALTORS® also highlights the ongoing increase in new listings across both single-family homes and condos, suggesting a healthy market with room for growth.

return to the top of the page