A penthouse currently being built in Hawaii has been placed on the market for USD36 million, and developers told The Wall Street Journal that this would set a record for Hawaii condos if the unit is able to sell for the asking price. The penthouse is located in Honolulu and is scheduled to be completed by the end of the year.
The luxury residence will be situated on the 36th Floor of the Waiea building which has a total of 174 units and is being constructed by developer Howard Hughes Corp. The condo tower is part of the 60-acre Ward Village master planned community. Developers Nicholas Vanderboom and Bill Pisetsky told the newspaper that the five-bedroom condo is the highest-priced unit currently on the market in all of Hawaii. No condo unit in the state has ever sold for more than USD20 million but the project’s developers are hoping to surpass that amount by a wide margin.
Views of the ocean, mountains and Honolulu skyline will help the penthouse standout. The Wall Street Journal noted that the unit will have a lanai with a private infinity pool and a pool house containing a guest bedroom, kitchen, bar and living room as well. The unit will be fully furnished but that is not included in the price and comes as an additional cost. There will also be a private four-car garage. The condo itself is equipped with a number of amenities including a pool with cabanas, a dog park, an indoor golf simulator and a fitness center with a yoga room.
There is also a six-bedroom penthouse on the floor below that unit being sold at the condo development. The Wall Street Journal reported that the asking price for that one is THB35 million. Vanderbloom stated that over 90 percent of the units at Waiea have already been sold but the penthouses have yet to be marketed. Both units will now be put up on multiple listing service during the next month or so.
