Luxury Residential / Resort
Honolulu, Oahu, Hawaii
540,000 net square feet, 40-stories
Sold 80% of the units upon initial release at an average sales price of $1.1 million
Units reselling at 2x - 4x times original sales price
Alexander & Baldwin
The MacNaughton Group
A 248-unit mixed-use, luxury high-rise condominium, Hokua was the first new luxury condominium on Oahu since the 1990’s, conceptualized with the vision of creating luxury homes in the sky. It is comprised of a 540,000 net square feet, 40-story, mixed-use luxury condominium tower with retail/restaurant/office on the first two floors. 80% of the units sold upon initial release at an average sales price of $1.1 million, with 100% of the 248 residential units closed by January 2006. Units are currently reselling at 4+ times their original sales price.