Entries by Malia L. Meenderman

Oahu: Walker Estate is safe for now

January 2, 2007 Oahu: Walker Estate is safe for now The deal that would have developed the Walker estate is now off. The prospective buyer for the property had plans to demolish the historic home as well as the historic Japanese gardens as well as tearing downing many, if not all of the large tress […]

November 2005 Hawaii real estate market statistics

December 2, 2005 Oahu: Housing Market continues to set records The median prices for single-family homes and condominiums set new records in November, according to resale figures released today by the Honolulu Board of REALTORS®. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the […]

Oahu Housing market sales volume surpasses

November 2, 2005 Oahu: Housing market sales volume surpasses $5 billion for the first time According to resale figures released by the Honolulu Board of Realtors®, the total year-to-date dollar volume generated in the housing market has now surpassed $5 billion for the first time. It is now $5.051 billion, an increase of $1.132 billion, […]

centex plans new condo at koolina

Oahu: Centex plans new condo at Ko Olina Centex Destination Properties plans to build a luxury new beach front condominium at the Ko Olina Resorts & marina. The 247 unit project on Lagoon number 2 with average prices at a little over $2 million would be some of the most expensive real estate in West […]

Oahu group targets illegal bed and breakfast

Oahu: Group targets illegal bed and breakfast units A group of Oahu residents has joined forces in opposition to allowing more bed and breakfast units and to raise awareness of these illegal units in residential neighborhoods. Save Oahu Neighborhoods was formed a month ago in response to the City Council and the resolution that may […]

waikiki grand opening of the aqua palms

Waikiki: Grand Opening of the Aqua Palms The 260 unit condotel named the Palms at Waikiki officially opened yesterday. This was almost a year Aqua Hotels & Resorts took over the management of the hotel. The Ala Moana Boulevard condotel has undergone $15 million renovation with rooms being studios and one bedroom suites and they […]

Hawaii Real estate market statistics for August, 2005

September 1, 2005 Honolulu : Oahu real estate sales set new records Today, the Honolulu Board of REALTORS® released resale figures for the month of August. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: Single Family Home Resales Number of Sales […]

Honolulu lower inflation for first half of 2005

August 16, 2005 Honolulu: Lower inflation for first half of 2005 Rising housing and energy costs continue to erode incomes and caused the inflation rate to dip down for the first half of this year. The cost of living increase of 3.1% is lower than the first half of 2004 which was 3.3% according to […]

Honolulu: 66 new homes to be built in Waipahu

August 1, 2005 Plans for the new Waipi’o Point project presented by developer Castle and Cooke before the neighborhood board would create new homes on a site adjacent to the Waipahu High School. The old Brown estate consisting of 13.2 acres purchased from the Queen Emma Foundation would be the site for the sixty-six new […]

Oahu Honolulu: 2 big new projects for Kapahulu Avenue

August 10, 2005 Kapahulu Avenue, View Larger Map a major mauka-makai route next to Waikiki, may get 2 big changes in the coming years. The first new building will be a 60,000 square foot new Safeway store at the corner of Kapahulu Avenue and ‘ Olu Street. Construction will hopefully begin early next year. Residents […]

Oahu: Gentry sells Waipio Center for $30 million

August 6, 2005 With the ever growing interest in commercial real estate in Hawaii, Gentry decided to sell its shopping center in Waipio for $30 million. A Chicago investment firm and division of Jones Lang LaSalle purchased the 20 year old center. The neighborhood shopping center serves about 3500 homes. LaSalle made an unsolicited offer. […]

Kauai: New project overlooking Port Allen Harbor

August 2, 2005 Developer A&B Properties, plans to develop a 17-acre site into a condominium and single family home residential community. The site which will feature 75 condos and 60 single family homes overlooks the Port Allen Harbor on the south side of Kauai. The project called Kai Olino is being developed by A&B Properties, […]

February 2005 Oahu resale Statistics

March 2, 2005 Honolulu: Oahu single family home and condo prices set new record Today the Honolulu Board of Realtors® released resale figures for the month of February 2005. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: Single Family Home Resales […]

Ferry to link Kalaeloa and Honolulu in 2006

March 2, 2005 Leeward residents will benefit from an easier commute to downtown Honolulu via a new ferry service announce the Honolulu Department of Transportation Services. Federal money is already available to begin the daily ferry service. The city will coordinate bus routes from Ma’ili, Nanakuli, Makakilo, and Kapolei to help get commuters to the […]

Many will miss EPA deadline for cesspools

February 28, 2005 The state and many small property owners will likely miss the April 5 th deadline to convert their cesspools to septic systems. The Environmental Protection Agency has announced that violators will face up to a $32,500 per day for noncompliance. The EPA has targeted Hawaii because no other state has used cesspools […]

Hawaii Tourism sets new record in January

February 28, 2005 January arrival figures put the number of visitors to Hawaii at close to 600,000, which is an almost 16% increase from the same time last year. The State Department of Business, Economic, Development and Tourism also said that there was about a 10.7% increase in domestic arrivals and furthermore, a 19% increase […]

Campbell land on Oahu sold

February 17, 2005 Honolulu: 188 acres at Campbell under new ownership HRPT Properties Trust Inc, a Massachusetts real estate investment trust, has purchased 188 acres in the Campbell Industrial Park for $115.5 million. All of the properties included in the sale have leases that are 15 years or less.