Update on the Waiea - 1118 Ala Moana Blvd

The Howard Hughes Corporation has announced that sales for the Waiea condominium would begin in January 2014.  Waiea, which means waters of life in Hawaiian, will be located at 1118 Ala Moana Blvd, and is being described as "the pinnacle of high-end living" and as "Honolulu's most luxurious address" by Howard Hughes officials.  The building will feature a total of 171 units in 1 bedroom, 2 bedroom and 3 bedroom floor plans.  One bedrooms will have two bathrooms and will have approximately 1,138 sq ft of interior.  The two bedroom units will range in size from 1,468 sq ft to 2,069 sq ft.  The three bedrooms would range in size from 1,991 sq ft to 3,071 sq ft.  Finally, there will be 11 larger penthouse and 10 villas for buyers to choose from.

While an official price sheet has not been provided for Waiea, it was announced that the average dollar per sq ft would be between $1,500 to $2,000. The monthly maintenance fee would be approximately $1.10 per sq ft. All of the units would feature high 9'6" ceilings with hardwood and stone flooring throughout the entire residence.

Source: Honolulu Star Advertiser, 12-16-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, REALTOR®
Global Executive Realty, LLC
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