New Honolulu Condo Is Selling Well!
February 9th, 2010 categories: Condos For Sale, The Market
Good news the Honolulu Advertiser is reporting the following.
“OliverMcMillan, the new developer of the partially built Pacifica condominium tower in Kaka’ako, reported selling 138 units over the weekend. The results, when added to 108 sales earlier to people whose reservations had been canceled by the tower’s previous developer, bring 67 percent of its market units under contract.” CLICK HERE TO READ THE ENTIRE HONOLULU ADVERTISER ARTICLE.
Even though these results are for a new condo, they echo results I am seeing in the balance of the Honolulu real estate resale market.
If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093. You can email me at keahi@lava.net.
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Aloha Keahi,
My understanding is that all of the units at Pacifica have basically sold out, with the remaining 33% or so units having been reserved for “affordable housing” and not made available for sale yet. Is that your understanding?
Douglas Fischer