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July | 2024 |

NEWS2024 07

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.

July 10, 2024

Sachi Hawaii Brokers Sale of Waiea #2101

Waiea #2101

Sachi Hawaii is thrilled to announce the sale of Waiea #2101, a breathtaking three-bedroom front-row condominium nestled within the award-winning Ward Village master-planned community. This ultra-luxe residence embodies a new vision of luxury living, featuring an open-concept floor plan meticulously reimagined by Honolulu’s renowned Clifford Planning & Architecture.

Beyond the exquisite interior appointments, Waiea #2101 boasts a coveted ’01’ stack position, offering unparalleled panoramic vistas of Ala Moana Beach Park, the Pacific Ocean, and Kewalo Boat Harbor. Residents can not only indulge in the exceptional design elements but also relish the unparalleled lifestyle Ward Village offers. Convenient to world-class shopping, trendy restaurants, and the iconic Ala Moana Beach Park, this property epitomizes island-style luxury living in Honolulu. Read more.

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Thinking of selling your unique slice of paradise?
Sachi Hawaii can help you achieve award-winning results.
Contact us today for a free consultation.

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

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