ποΈ Can you believe itβs been 10 years since One Ala Moana opened its doors? Letβs take a look back at how this luxury Honolulu condo has performed over the past decade β and whether investors came out ahead or took a loss.
In this video, we break down 10 years of sales data to see how 1-bedroom, 2-bedroom, and 3-bedroom units have appreciated (or depreciated) since launch. π
π Key Takeaways: β 1-Bedroom Units: Originally sold in the mid-$800Ks, now worth over $1M β a solid gain for long-term owners! π° β 2-Bedroom Units: Prices dropped from $2M+ to around $1.7M, with some owners losing ~$500K over 10 years. π β 3-Bedroom Units: Flat prices, with penthouse owners like Mr. Sekiguchi seeing a $200K loss after spending $16.2M.
Future Outlook: π New Developments Coming? Rumors suggest Park Lane 2 could replace Macyβs on the east side of Ala Moana Mall, which might impact views and values.