Oahu New Homes & Honolulu Condos for Sale In | New Construction Oahu, HI

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...