Late year 2002 marketing ofHokua, a luxurycondo in Kakaako, began pre-construction. Prices started in the $500,000’s for a low floor 2BR and close to 50% of the units were priced above $1M. This was almost unheard of prices for Honolulu condos – with the exception of a fewcondos ...
In regard to Kakaako condos, prior to the controversial letter, this is how the general real estate community has been operating: 1.)Kakaako condosare developed and offered for sale for “residential use” and arenot“transient vacation units”. Consistent with “residential use” you may rent ...
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Recently we have been asked to comment about:“..the explosion of condos going up in the Kapiolani/Ala Moana area. Will they get built? Why or why not? Is there still an appetite for these projects? Why or why not?” Contrary to the what some might think, the recentHonolulu condo bui...