TOO MANY PROJECTS + HIGH CONSTRUCTION COSTS = OVER-SATURATION There has been talk for months of the over-saturation of new developments in the Luxury Market. With dozens of Condo projects in pre-sales and with construction costs at an all time high, competition has been fierce for the cash and carry crowd in the Honolulu Luxury Real Estate market.
Vida is the first casualty of the current round of Luxury Developments to make headlines as it cancels it's buyers contracts and shelves it's plans to develop the 888 Ala Moana address into an Ultra-Luxury Complex overlooking Kewalo harbor in the Kaka'ako neighborhood of Honolulu.
The Developers for the project, The MacNaughton and Kobayashi Groups, have cited the lack … (11 comments)
The ultra-luxury Vida at 888 Ala Moana Blvd. in the Kaka'ako neighborhood of Honolulu has completed it's required 30 days of exclusive owner/occupant sales and is now offering it's remaining inventory to investors.
Vida will feature spacious square footage with views over Kewalo Boat Harbor, dedicated direct to door elevator service and many luxury amenities. Read more >
Vida's infinity pool and recreation deck.
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VIDA – 888 Ala Moana Boulevard - Luxury Condominium Development
Joining the legion of construction cranes in what is becoming the shinning new luxury playground of Kaka'ako, VIDA will soon be releasing pre-sale information concerning the purchase of It's luxury units at 888 Al Moana Boulevard.
Pricing will start in the $900,000 range with project views overlooking Kewalo Commercial Boat Harbor, to the south east. The harbor management has been recently out sourced to the Howard Hughes Corp. and is currently being renovated with 100 added boat slips, redefined commercial, and recreation areas, as well as, the concurrent development of 22 residential towers in the neighboring 60 acre parcel coined Ward Village. Read more
The Kaka'ako neighborhood is seeing an unprecedented transformation with dozens of … (2 comments)
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