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.
Capitol Place 10 Years Later: https://www.hawaiihomelistings.com/blog/capitol-place-10-years-later/
Ae'o 5 Years later: https://www.hawaiihomelistings.com/blog/aeo-kakaako-5-years-later/
π Thinking about buying or selling at One Ala Moana? Call me at 808-371-3509 for expert advice on Honolulu luxury condos!
π LIKE & SUBSCRIBE for more Hawaii real estate updates and market deep dives!
#onealamoana #alamoana #thebuckstopshere