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Saturday, January 10, 2015

Park Lane Ala Moana Begins Owner Occupant Sales

Park Lane Ala Moana has announced that they have begun their owner occupant sales. Located on ocean side of Ala Moana Center, the property will consist of seven six-story buildings with a total of 215 units, ranging from 850 sq ft one-bedroom residents to 6,000 sq ft five bedroom penthouses.  Prices for the one-bedrooms start at $1.19 million and will go up to $28 million for a penthouse unit.  Half of the units will be restricted to owner-occupants while the others can be purchased by investors.  The investor sales began in November and most of those units have been sold.  The first phase of the project is expected to be completed late 2016 and the final phase by the end of 2017.

Source: Honolulu Star Advertiser, 1-10-2015,
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC