Foreign investors continue to be a significant driving force in the Hawaii real estate market, according to Title Guaranty’s recently released statistics.

The report shows that in 2023, foreign buyers purchased 15,599 properties worth a total of $13.3 billion. This represents 3% of total sales for Hawaii properties sold.

Japan topped the list of foreign buyers in 2023, purchasing 292 properties for a total of $346.6 million. Canada followed behind, with 90 purchases for $120.4 million. South Korea, Taiwan, and China rounded out the top five foreign buyer groups. Honolulu remains the primary target region for foreign buyers.

“Foreign investment has long been a boon to the Hawaii real estate market,” said Sachi Hawaii, CEO and Principal Broker of Sachi Hawaii. “Foreign buyers bring in much-needed capital and help to diversify the market.”

Top Foreign Buyers of Hawaii Property (2023)

#1 Japan: 292 properties, $346.6 million
#2 Canada: 90 properties, $120.4 million
#3 South Korea: 24 properties, $26.6 million
#4 Taiwan: 7 properties, $3.1 million
#5 China: 6 properties, $6.2 million
#6-10: Australia, New Zealand, American Samoa, Brazil, Germany

Top U.S. Buyers of Hawaii Property (2023)

#1 Hawaii: 11,574 properties, $9.1 billion
#2 California: 1,490 properties, $1.6 billion
#3 Washington: 316 properties, $330.0 million
#4 Florida: 187 properties, $146.8 million
#5 Colorado: 157 properties, $147.1 million
#6-10: Texas, Oregon, Nevada, Arizona, Utah

Data Source: Title Guaranty’s Buyer Statistics Report (January-December 2023)

Park Lane Ala Moana has always been a symbol of luxury living in Honolulu, but recent trends suggest it’s claiming the top spot as the hottest destination for discerning condominium buyers. Here’s why Park Lane is outpacing the competition:

Unmatched Location: Situated directly across from Ala Moana Beach Park and offering private elevator access to the world-renowned Ala Moana Center, Park Lane provides the perfect blend of oceanfront-like bliss and urban convenience. Residents enjoy immediate access to designer shopping, gourmet dining, and entertainment options, all just within minutes from the comfort of their own private paradise.

Park Lane is situated along Ala Moana Boulevard and alongside Ala Moana Center, putting you in the heart of Ala Moana’s sought-after dining, shopping, and beach activities.

Resort-Style Amenities: Beyond the prime location, Park Lane boasts a staggering array of amenities that rival any five-star resort. From the large luxury resort-style swimming pool, spa, and state-of-the-art fitness center to the iconic great lawn outdoor space, movie theater, and club lounge, Park Lane caters to your every need.

Park Lane’s resort swimming pool. Reserve-able pool cabanas and barbecue areas elevate the resort experience.

A stone staircase descends to Park Lane’s iconic Great Lawn, a spacious outdoor entertainment space shrouded in tropical landscaping.

Spacious Luxury Living: The expansive floor plans and open-air lanais at Park Lane redefine luxury living in Honolulu. Each residence is meticulously designed with top-of-the-line finishes and fixtures; from a sought-after indoor-outdoor lifestyle via spacious lanais with built-in barbecues and state-of-the-art sound absorbing materials, to designer gourmet kitchens and resort-style ensuite bathrooms, Park Lane offers an unparalleled level of comfort and sophistication. Select residences also include a private hot tub, elevating Honolulu luxury living to new heights.

Park Lane’s island-modern interior design resonates with buyers as it feels a natural fit with its tropical surroundings. Pictured, Park Lane #2501, Listed and Sold by Sachi Hawaii.

Select units feature their own private Hot Tub, such as Park Lane #8301, managed by Sachi Hawaii as a vacation rental property.

Privacy and Exclusivity: Park Lane offers the privacy and exclusivity craved by discerning buyers. The seven low-rise buildings with spacious layouts ensure a serene environment, while the 24-hour security, gated entry, and a dedicated residential service team provide unparalleled peace of mind.

Each building features its own secured entryway, past the security desk, for added privacy.

Unparalleled Views: Most Park Lane residences boast breathtaking ocean vistas, showcasing the turquoise waters of the Pacific Ocean across the treetops of Ala Moana Beach Park. Select residences offer charming garden courtyard views, providing a tranquil and verdant escape.

Park Lane offers a dynamic array of views, depending on unit, ranging from sweeping Pacific Ocean vistas, to tranquil gardenscapes.

Investment Potential: Park Lane’s coveted location, unparalleled amenities, and impeccable design translate into a strong investment opportunity for those seeking Hawaii luxury condominiums. Property values at Park Lane have shown consistent performance for investors, with that trend appearing to continue into 2024.

With its unbeatable location, exceptional amenities, and luxurious living spaces, Park Lane Ala Moana is undoubtedly becoming Honolulu’s hottest luxury condominium destination. For those seeking the pinnacle of beachfront living and unparalleled convenience, Park Lane offers an unparalleled opportunity.

Intrigued by the luxurious lifestyle that awaits at Park Lane? Looking to sell your highly sought-after Park Lane residence? Sachi Hawaii has an extensive portfolio of buyer and seller representation throughout Park Lane.

Contact Sachi Hawaii for a personalized consultation:
(808) 596-8801 | info@sachihawaii.com

Keeping your Hawaii property in pristine condition, whether you’re a resident or an absentee owner, is a breeze with Sachi Hawaii’s after-care and vacant home management services.

Comprehensive Safeguards for Your Vacant Hawaii Home

Whether you’re a seasonal resident or an absentee owner, Sachi Hawaii understands the unique challenges of managing a vacant property on Oahu. Our team of local experts offers a comprehensive suite of services designed to safeguard your investment and give you peace of mind:

Routine Inspections: Our scheduled inspections go beyond a quick walk-through. We meticulously check the interior, exterior, and surrounding areas, looking for signs of potential problems like water damage, pest activity, or security breaches.

Proactive Response: Unexpected events can happen. Sachi Hawaii provides emergency response to address situations like severe weather or unforeseen breakdowns. We’ll take swift action to minimize damage and ensure your property’s safety.

Reliable Vendor Network: Need repairs or maintenance work completed while your home is vacant? We’ll handle everything. Sachi Hawaii has a network of trusted and vetted vendors and contractors to complete any necessary tasks efficiently.

Detailed Communication: Stay informed with regular reports on the status of your property. We’ll keep you updated on inspections, any issues identified, and the actions taken to address them.

More Than Just Vacant Homes

Sachi Hawaii goes beyond basic vacant home care. We can tailor a program to meet your specific needs, including:

Pre-Departure and Post-Arrival Services: Let us handle everything from scheduling pre-departure cleaning to preparing your home for your return.

Seasonal Maintenance: From pool and yard care to hurricane preparedness, we’ll ensure your property is ready for every season.

Concierge Services: Relax and enjoy your time in Hawaii! Sachi Hawaii’s concierge service can handle everything from stocking the fridge to arranging activities for visiting guests.

Experience the Sachi Hawaii Difference

At Sachi Hawaii, we are committed to providing exceptional service and exceeding your expectations. Our team of local experts has the experience and knowledge to effectively manage your vacant property in Hawaii.

Contact Sachi Hawaii today to learn more about our comprehensive vacant home care program. Let us take care of your property, so you can focus on enjoying paradise!

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