When searching for the ideal luxury property in Oahu, you need the help of a talented high-end real estate company. At Engel & Völkers Honolulu, clients will receive professional guidance and a wealth of resources to track down the perfect property. Haute Residence caught up with Kay Mukaigawa, Engel & Völkers Honolulu’s President and Principal Broker, about what buyers are looking for in Honolulu, popular tourist spots, and more:
What are the Top 3 aspects buyers are seeking in Honolulu?
A neighborhood that supports the work, live, play lifestyle. Many of the developers are creating environments that allow for the ultimate conveniences just steps away.
Location is a key factor, you will see the highest demand in areas with beach access. Since Oahu has some of the most beautiful and famous beaches in the world, proximity to the oceanfront is always a consideration for buyers.
Investment and resell opportunities. Planned communities like Kakaako and Kapolei are gaining attention as they are expecting considerable appreciation in value as the neighborhoods expand.
What are the best tourist attractions?
Beaches (Waikiki, Lanikai, Sunset Beach)
Resorts (Waikiki, Ko Olina, Turtle Bay)
North Shore (full of history but developing to include modern conveniences that draw tourism.
Describe luxury living in Honolulu?
For Single Family Homes, there are standout prestigious neighborhoods such as Kahala, Hawaii Kai and Lanikai (the town where Obama stays in Hawaii) that hold a rich history and breathtaking views.
Those seeking luxury living in the city flock to Kakaako, driven by the planned community of Ward Village (a Howard Hughes development). Many Luxury Condos have been built in the last couple of years and many more have been announced to break ground in the near future, including notable buildings like Waiea, Park Lane, Anaha. These buildings include world-class amenities and services like Valet Parking, Deluxe fitness center, resort-style locker rooms with steam, sauna and treatment rooms, Resident theater/performance room, Victoria Ward Library, Howard Hughes Bar, Indoor golf simulator, Infinity-edged ocean-view pool & hot tub, Resident poolside cabana & Dog parks among others.
What style of homes are buyers seeking?
Green and smart home features are on the top of the lists for buyers at this time. Environment-conscious designs and technology as well as the conveniences that smart technology and design are continuing to pop up on the wish list of many of our buyers.
Why would you recommend Honolulu as opposed to other destination areas?
- Weather and environment are beautiful.
- Lifestyle Hawaii provides is well-suited for those who enjoy the outdoors as well as modern conveniences.
- Strength of the real estate market.
- Highly desirable destination for tourists and residents alike.
- A perfect mixture of history and culture with modern conveniences.
Photo courtesy of Engel & Völkers Honolulu