Why Kakaako’s New Construction Boom Is a Goldmine for Real Estate Investors in 2025

Ward Village continues to attract investors with its blend of residences, retail, and public spaces, enhancing Kakaako's appeal.

Developments emphasize eco-friendly designs and smart home features, aligning with buyer preferences for sustainable living.

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Kakaako's median listing price reached $780K in January 2025, with a price per square foot at $953, indicating strong market demand.

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Despite a 4.6% dip in median sale price to $708K in February 2025, the price per square foot surged by 19.1%, reflecting sustained value in new developments.

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The neighborhood's average monthly rent stands at $3,568, the highest in Honolulu, highlighting robust rental demand.

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Kalae, a new 45-story luxury condo with 330 units, has been approved, marking the 10th tower in Ward Village

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Kaliu, a 40-story mixed-use development with 340 units, is now on sale, featuring amenities like theaters, a pool, and a dog park. Real Hawaii+2

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Kahuina is set to add 859 residential units across two high-rise towers, with over half designated as workforce and affordable housing.

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The upcoming Skyline rail extension, opening in October 2025, will enhance connectivity, making Kakaako even more accessible.

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