Are you a first-time home buyer? Do you make less than $85,000 a year? Are you a Hawaii resident?
If you've just answered yes, yes, and yes, you might just be eligible for a reserve housing unit at Ward Village's Ke Kilohana. Ke Kilohana is a new mixed-use residential/commercial project coming up in the heart of Ward Village, across the street from the future Kakaako rail station. The project located at the corner of Ward avenue and Halekauwila street will consist of 375 reserve housing units and 49 market units. The residential condo tower will reach 400 feet high for a total of 44 stories, 37 of which will be for residences and 7 stories of parking with an amenity deck on the 8th floor. Based on the current building design there will be an estimated 141 one-, 193 two-, and 90 three- or more- bedroom units.
A unique feature of Ke Kilohana is it's sky lanais. Imagine entertaining friends or throwing a dinner party 30 floors up looking out over Kakaako and the pacific ocean. The sky lanais are an amenity just for you and will be the perfect place to escape and get some fresh air.
For me personally, the best thing about Ke Kilohana, beyond the amazing location and great amenities, is the price. Units will start in the low $300,000's and go up to the $500,000's. If you've been looking at what other units in the Kakaako area have been selling at lately you'll know that this is an incredible deal. Floor plans have yet to be released and exact pricing most likely won't come out until right before sales launch, if you let me know you're interested I can make sure you get everything when more information is made available.
There is a fine balance between falling under the reserve housing requirements while still qualifying for the monthly payments. Contact me below to figure out if you qualify. Holden@Kakaako.com or register your interest below.
After the initial launch of sales, the project sold out in about four days. With roughly 900 buyers entering the lottery, more than 500 went on the waiting list. With this project and many like it, luck was a huge factor. Being prepared with all the proper documentation and getting pre-approved early also helps in the process. Kapiolani Residence, another housing project very similar to Ke Kilohana will be launching soon. Click here to learn more!
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