Oahu New Homes & Condos for Sale | New Construction Oahu, HI
2022 Oahu New Construction Overview
The Oahu New Homes market is still sizzling hot in 2022 so rest assured, you haven't missed your chance at securing a new Honolulu condo in Kakaako or one of the numerous new construction opportunities in Ewa, Kapolei, and Waipio Gentry. From the suburbs to the sky, Our Oahu New Construction guide is aimed at helping you cut through the noise and narrow in on what new Oahu home options exist, where, and if they fit your budget, timeline, and price range.
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Welcome to the new Honolulu! Once an industrial warehouse district, Kakaako has risen to prominence as Honolulu's new urban epicenter. Kakaako condos have created a neighborhood in the sky that's garnering both national and global acclaim. The neighborhood is situated between the Ala Moana and Downtown Honolulu neighborhoods, making it arguably the most convenient neighborhood to everything Honolulu has to offer. Read More...
Kakaako is one of two major metropolitan neighborhoods currently offering Honolulu apartments for sale and is arguably the most buzzworthy neighborhood on Oahu island at the moment. Enjoy famed Ala Moana Shopping Center and Beach Park, expansive amenity decks, a plethora of dining and shopping, and multiple threaded by green gathering spaces threading the community. The most recently announced project will be Kalae Ward Village with an estimated sales launch of summer 2022.
Types of Homes:
Kakaako consists primarily of condominium style living made up of the following:
- Lofts, studios, townhome villas, 1-4 bedroom units, Penthouses
- Prices from $500,000 to the $25M+ Ultra Luxury Kakaako condos for sale.
- Zip Code is 96814
New Condos For Sale in Kakaako, HI
The Park on Ward
This Ward Village condo project was the quickest to sell out since the neighborhoods conception. With "Front Row" orientation and a stunning mid-centry modern design, The Park on Ward features unparalled luxury, unobstructed ocean views, and 5-star resort level amenities. Lookout for resales to hit the market in 2023 after construction is complete or we would suggest taking a look at Kalae Ward Village which is slated to launch sales summer 2022.
Kahuina | Coming Soon
This Stanford Carr Development that will feature 3 towers consisting of Affordable, Workforce, and Market Priced housing. This project will fall within the Our Kakaako master plan on the trendy west side of the neighborhood near Salt at Kakaako. Sales expected to start late 2022.
Kalae | Ward Village Luxury Condos | Coming Soon
This will be 10th Ward Village condo project released by residential development titan, Howard Hughes Corp. This is "First Row" building meaning it will have Ala Moana Blvd frontage and unobstructed ocean views. Highly coveted Front Row build sites are historically reserved for the most luxurious condo offerings so expect a level of luxury on par with Waiea, Victoria Place, and The Park on Ward. Sales expected to start Summer 2022.
Alia | Coming Soon
Alia is a newly proposed residential condominium by well known local developer, The Kobyashi Group, on a 3.45ac site that's located between Ala Moana Blvd and Auahi St. This tower will fall within Increment II of the Our Kakaako master plan with sales expected to start in late 2022.
Victoria Place | Ward Village Luxury Condos
Victoria Place is officially sold out yet being 2 years away from completion. Be on the lookout for resales hitting the market once it's complete but for those buyers looking for the most comparable option, look to Kalae Ward Village. Like Victoria place condos, this will be a front row tower, just across from Victoria Ward Park.
Aalii is a 751 unit Ward Village condo development by Howard Hughes; featuring a mixture of Reserved Housing & Market Price Kakaako condos for sale. The building completed construction in late 2021 and while only a few developer units remain for sale, there was a healthy amount of resale inventory on the market as of Early 2022. This is a fabulous entry-level condo in Ward Village with a substantial amount of amenities.
Designer, Jeannie Gang, describes the Koula condo building as a "Sculpture Rising from a Garden;" inspired by the building's placement next to 1.5 acre Victoria Ward Park. Gang's vision to "bend" the building towards the ocean maximizes the number of condos with Ocean Views, taking full advantage of one of Hawaii's best natural amenities. Between the architectural design of Gang and interiors by Yabu Pushelberg, condos for sale at Koula see an impeccable attention to detail while providing a true living sculpture. Expect to see Studio, one, two, and three bedroom units ranging from $677,000 - $2.6M.
Ililani Condos | Affordable Housing & Entry Level Condos
This building features Affordable & Market Priced condos for sale in Kakaako. Expect to see a practical amenity deck, premier access to SALT at Kakaako shopping center and Ward Village, lanais on every unit, and some of the most reasonable maintenance fees in the entire region. Current inventory as of May 12, 2022 sees approximately 10 remainig affordable housing units for sale, as well as a decent amount of 2-bedroom Market Priced units between $700,000 - $905,000.
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The majority of these new honolulu condos will be found in the Kapiolani Corridor which will see a substantial amount of redevelopment over the next decade. This region is already one of the most dense metropolitan areas in Honolulu and once 8 more towers pop up, we can only imagine how difficult it will be to commute or park on Keeaumoku and Kapiolani area streets.
Types of Homes:
Midtown Ala Moana will be comprised of high-rise condominiums made of the following: Read More...
- Affordable & Market Priced studios & 1-3 bedroom apartments
- Condo Hotel units offering condo ownership with legal vacation rental features through hotel operation.
Recent changes to Hawaii vacation rental laws have pigeonholed would be Hawaii AirBnB patrons to resort-zone neighborhoods like Waikiki and Turtle Bay on the North Shore so for those looking for condo ownership with the option to legally vacation rent your unit whwen you're away, the Ala Moana neighborhood is going to be one of the only games in town.
- 1-3 bedroom units between $650,000 - $1,500,000
- Penthouses up to $25M+
Ala Moana Zip Code: 96814
New Condos For Sale in Ala Moana, HI
Sky Ala Moana | Mid-Luxury Condos
As of May 12, 2022 the Sky Ala Moana west tower is sold out. Stay tuned for the construction completion of building slated for late 2022 where will inevitably see an influx of resale inventory (original owners attempting to immediately sell the units) hitting the market. Each of the Sky Ala Moana condos comes with storage, one or two parking options, and a limited number of 3-bedroom units created by combining adjacent units. For now, click the image below for all information related to artist renderings of the project, amenities, prices, etc.
Renaissance Residences Honolulu | Sky Ala Moana East Condotel
This project represents the Condotel (Condo Hotel) offering located on the top 10 floors of the Renaissance Honolulu Hotel & Spa, also known as the East tower of Sky Ala Moana pictured above. The project features 112 Honolulu condotel units for sale with a unit mix of studio, 1-, & 2-bedrooms. Condotels allow for traditional condo-ownership with the option to also operate your home as a vacation rental through the hotel rental pool.
Mandarin Oriental Honolulu | Ultra-Luxury Condo-Hotel
The Mandarin brand is synonymous with Ultra-Luxury living, 5-star service, and impeccable amenities. Their Honolulu location will soon offer 99 residences for sale, 125 hotel rooms for guest occupancy, and will hold the record for the most expensive Penthouse in Hawaii at $35,000,000.
The Park on Keeaumoku | Entry Level to Mid-Luxury Condos
This brand new, up and coming Honolulu condo project will bring to market one of the largest residential condo projects in over a decade. The 3.5 acre build site will be located in the unofficial "Koreatown" neighborhood in Midtown Ala Moana and will see roughly 1,000 moderately priced market priced condos for sale, as well as Affordable Housing units. The units will live in 2 towers atop roughly 88,000 square feet of commercial space. Now selling.
Ho'opili is an expansive master planned community being brought to life in West Oahu by Developer D.R Horton Hawaii. The neighborhood was once home to thousands of acres of agriculture land that sits right in the middle of the rapidly developing Ewa Beach and Kapolei communities. In its maturity, Ho'opili will feature nearly 12,000 new homes as well as a host of new schools, shopping, community centers, and 3 Honolulu Rail stations to form Oahu's "Second City."
Many question whether the Hoopili development is in Ewa Beach or Kapolei. It's actually both! As the neighborhood expands, we should see it take on it's own zip code but don't get bogged down by the semantics. Hoopili Ewa Beach and Hoopili Kapolei will both be appropriate monickers.
Types of Homes:
Ho'opili will provide a housing type for nearly every family dynamic, including but not limited to the following:
- Hoopili Affordable Housing
- 1-4 bedroom Market Priced Townhomes
- FLEX Homes that allow for ground level store fronts
- Single Family Homes w/ Accessory Dweling Unit(ADU) Options
- Multi-generational Homes
Hoopili's entry level pricing will be offered to purchasers who are eligible and qualified under Honolulu Affordable Housing guidelines which is overseen by the State's Affordable Housing Agency. Prices will start in the mid $300,000 and will reach up to nearly $1,200,000 for the largest Hoopili floor plan with the Accessory Dwelling Unit(ADU) option.
Active Hoopili Sales Releases: Kohina at Hoopili, Ikena at Hoopili, Mamaka At Hoopili, Kaikea at Hoopili
Hoopili Zip Code: 96706
Gentry Hawaii is one of Oahu's legacy homebuilder's with developments all over the island spanning over 50 years. Their newest developments, NorthPark and Makamae, offer brand homes for sale in Ewa Beach off of Fort Weaver Rd.
NorthPark by Gentry offers a very familiar product in Ewa, a boxy, split-level 3-4 bedroom floorplan with a 2-car garage. These homes are "Single Family Condominiums" which means they come with maintenance fees that cover monthly water and sewer usage as well as common area maintenance. These homes are practical with small yard spaces and are a entry level single family home option. NorthPark homes are offered via Lottery and Waitlist with prices from mid $800,000's.
Makamae by Gentry offers larger homes without maintenance fees. Plan for much larger interiors, yard spaces, 2-car garages, and a price point starting around $1,000,000. Makamae homes are also offered by Waitlist and Lottery release.
NorthPark & Makamae by Gentry Zip Code: 96706
Oahu residents have been teased by the rumors of Koa Ridge homes for sale for over a decade and now it seems that this elusive community may finally come to fruition. Located just south of the family friendly Mililani region, Koa Ridge Oahu is poised to bring 3,500 homes to the Central Oahu region.
We'll see a variety of parks, pools, and recreation centers as well as variety of retail and dining opportunities within the heart of the community, coined "The Village." Convenience to Schofield Barracks will surely make this a top picks for Oahu' military home buyers looking to use their Hawaii BAH and VA Loans.
Active Koa Ridge Sales Releases: Malina at Koa Ridge, Walea at Koa Ridge
Types of Homes: Affordable & Market Priced Townhomes, Duplexes, Single & Multi-family homes, & Senior Housing
Prices: Affordable Housing (income restrictions) prices from low $400,000s. Market Priced Townhomes from $500,000's and Single Family Homes starting around $1,000,000.
Koa Ridge Zip Code: 96797
Doesn't Zillow, Realtor.com, & similar platforms show me new construction homes on Oahu?
Nope. These platforms can only aggregate information on homes that have already been built and entered into the MLS. In a way, the platforms "can't see" these homes becomes they don't yet exist. What you may find is the name of certain Master Development Plans like Hoopili or Koa Ridge for instance, because they have been building homes for the past couple years but they are not equipped to tell you how to schedule a model home tour, when the next lottery releases will be, nor will the agents on the other side of your Zillow inquiry know the ins and outs of EACH development and how to navigate the purchase process. Read More...
As for the new condo buildings in Kakaako and Ala Moana; dialogue surrounding these buildings starts many months before they're actually released to the public. This includes exclusive, limited releases of artist renderings, private tours of sales galleries, and rumored sales launch dates. It's important that you're aware of this information as soon as possible so that you're prepared for the presales launch date because when they launch, you may miss your chance at a unit by a sheer number of days.
Where are new construction homes being built on Oahu?
Look to the following regions: Ewa Beach, Waipio Gentry, Kakaako, & Ala Moana. New Homes in Ewa Beach, HI and Waipio Gentry will feature suburban living; roughly 30 minutes outside of the Metro Honolulu area and will feature much more entry level price points. Expect townhome and single family home options. Developers Gentry Hawaii, DR Horton Hawaii, and Castle & Cooke are responsible for much of the new homes in Hawaii, on all islands.
Those looking for new condos in Honolulu should look primarily to Kakaako & Ala Moana which are new and emerging neighborhoods that are transforming Honolulu into thriving urban epicenters, teeming with new highrise condominiums from entry level pricing all the way the up to ultra luxury penthouses. You will not find new single family homes in these regions, only condos. Developer' Howard Hughes Corp is spearheading the revitilazation via the Ward Village master plan in Kakaako which currently features 10 new condos in Kakaako that have either just completed, are under construction, or have recently been announced. Smaller, local developers like Kobayashi Group, Stanford Carr Development, Avalon, & Sam Koo have also had a hand in one-off condo projects in Ala Moana or "Our Kakaako," the trendy master plan on the west side of Kakaako that's spearheaded by Kamemeha Schools.
Are the homes already built?
It depends. Likely not. If you have more immediate needs for a new home in Oahu then you'll want to avoid the condos in Kakaako & Ala Moana. These projects are typically announced and presold 2-3 years prior the construction completion so these take some patience. For the suburban projects like Hoopili in Ewa Beach, NorthPark by Gentry, and Koa Ridge in Waipio, homes are generally built in 3-5 months depending which project you purchase at.
What is a Lottery?
A Lottery release is way for developers to release new Oahu homes for sale by essentially picking names out of digitial hat. Like Powerball in a way. Your realtor will help you submit your application to the lottery before the deadline and you wait to have your name pulled and your lottery number (your place in line) assigned to you. The developer will then go down the list offering homes to prospective buyers in choronological order until every home is spoken for. Most every Oahu new development is offered via waitlist due to sheer amount of demand for these homes.
Do I have to be a Hawaii Resident to purchase?
No, not usually. There are certain types of programs that will require you to be a Hawaii Resident. We will let you know if/when that obstacle exists as our conversations progress.
Are new development prices negotiable?
New development pricing is fixed and cannot be negotiated. In a way, this is a good thing because for the last 2 years every home price in the resale market was merely a starting price. Multiple offer scenarios on every home would ultimately see the sales prices clock in at much higher numbers.
Can you customize finishes, fixtures, or change features of the floorplan?
Very rarely, and none that I can think of for any Oahu new developments currently selling. Sometimes developers will offer Interior Packages with set finishes and color schemes that you get to choose from, but with little to no customization. Some new condos in Kakaako will allow for certain floor plans to be combined to create larger units as well. We definitely recommend asking the question as each project is unique, and while most don't allow customizations today, it's not to say that another one won't in the future.
Do we have to work with a realtor to purchase a new construction home in Hawaii?
You don't. Just know that working directly with the developer's Sales Team is you working with someone who has a very narrowly defined role; SELL the project and ONLY the project. There's naturally a built-in bias and with that and you will very likely not receive a broad perspective on why the project might not, be the best fit for you, nor are you going to be made very aware of comparable options to consider. Working with a buyer's agent and not directly with the Developer's sales team is highly advised so that you have representation and so that you're able to make the most well informed decisions.
Are there financial incentives given for working directly with the Developer's sales team?
Nope. There is financial incentive for the developer if you do though. Show Less...