According to Developer OliverMcMillan, 194 of the 288 available units in the Symphony Honolulu have already gone into contract. (It should be noted that a previous news article stated that 130 units were reserved by people connected with the sales teams and developer prior to the initial release on June 15, 2013). The project Symphony Honolulu is located on the North-West corner of Ward and Kapiolani Boulevard and is being marketed as a luxury condominium. There will be another 100 units that will be made available under the state's affordable-housing program at the end of this summer or early this fall for "moderate-income" residents. This will take place through a lottery system.
Dan Nishikawa, the president of the local affiliate of San Diego-based OliverMcMillan, stated, "The response to our project indicates there is a strong demand for homes in the urban core of Honolulu. People want to live close to their jobs so they can walk more and drive less."
Source: Honolulu Star Advertiser, 6-18-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
