Gary's Blog

Sunday, September 21, 2014

I Love Hokulani #31!

Pick of the Month:  Hokulani Golf Villa #31 
Sneak Preview- This beautiful home is not yet on the MLS.

Wow! is the first word out of your mouth when you see the beautiful setting of this private, single level home, overlooking the golf course and blue Pacific!  Arguably in the best location in the subdivision, this home faces southwest, so you can enjoy your lanai overlooking the ocean even on windy days.  You'll love the privacy the rock garden provides as well. 

Hokulani Golf Villas offers all the benefits of a condominium but has the privacy of a single family home. Situated on the Elleair Golf Course on the majestic slopes of Haleakala, this 2 bedroom & den home has an incredible spacious plan with volume ceilings, a huge lanai and 2 car garage. On property you will find an exceptional community center with a gorgeous infinity edge pool, spa, barbeques and gathering room with a complete kitchen. The one thing you will love more than coming home to this wonderful house is being able to leave it and not worry about who is taking care of it!
Proposed New Wailea Condo Development Coming Soon

Keala O Wailea Will feature Absolutely amazing views from nearly every unit. 
After several years of waiting for a new condo development in Wailea we are happy to announce an amazing proposed project in Wailea "Keala O Wailea".

As proposed this intimate development will have only 70 units consisting of 2 & 3 bedrooms each with 5 different floor plans, Ranging from 1200+ to 1700+ square feet. There will also be 2 parking spaces per unit consisting of open stalls, carports and garages.

Keala O Wailea will be situated on the top of Wailea, directly in front of the Gateway Center home of Monkeypod, Pita Paradise & Fabiani's Restaurants'. This site was previously slated to be the Bluffs Single Family lot development, but is currently in the process of being redesigned as the proposed condominium development Keala O Wailea.

Pricing has yet to be determined, but initial indicators are that it will be aggressively priced to promote a quick sell through. I believe this will be a great opportunity to buy an exceptional new property in Wailea.

If this proposed new development is of interest to you please let me know as soon as possible so I can get you on at the top of our early information list.

To sign you up I will need you to email, call or text me with the following information:

Phone Number
Email address
Current mailing address
Zip or postal code

Also I would encourage you to give me a call to ask any questions you might have on floor plans, views, and sales release dates.
New Movie Theatre and Hotel for Kihei
A luxurious movie-going experience with gourmet food served on trays to patrons reclining in leather seats - instead of filmgoers scarfing down hot dogs and popcorn at a mall mega-plex, is proposed for the corner of Liloa and Piikea Streets.

Project developers are requesting an amendment to the Kihei-Makena Community plan that would change planning standards to allow a 60-foot height for the 44,180 square-foot theater.  The entire commercial project would have 257,098 square feet of gross leasable space.

Plans call for a pedestrian-oriented "main street" complex to the north and south of Piikea Avenue, roughly between the Piilani Shopping Center and the Longs-Azeka's malls.

The proposed hotel would be a "select service" hotel catering to Hawaii families visiting from off-island as well as business travelers. 
Maui Visitor Spending up 9.6% for YTD
Visitor spending for the first seven months of 2014 on Maui grew nearly 10% to $2.4 billion while visitor count was about even with 2013 at 1.4 million visitors.

Maui's Economy Strong with Low Jobless Stats
Maui County's unemployment rate dropped to 4.2% from 5% the same month a year ago.  The island of Maui's rate is down to 4%, Molokai's rate is up to 14.1%, while Lanai's rate is down to 2.4%.

Nationwide, the unemployment rate is currently 6.1%.   U.S. job openings are at a 13-year-plus high.  Employers posted 4.67 million jobs in June, the highest since February 2001.
State Department Proposes Cesspool Conversions 
Cesspools will have to be converted to septic tanks - at a cost estimated at more than $10,000 - within 180 days of the sale of residential properties if proposed revisions to the state Department of Health administrative rules are accepted by the governor.

This would impact about 12,000 homes on Maui, 1400 homes on Molokai, and 90,000 homes in the state.

U.S. Home Construction Up 15.7%
U.S. home construction rebounded in July, rising to an 8-month high and offering hope that housing has regained momentum after two months of declines.

Construction increased 15.7% in July, following declines of 4% in June and 7.4% in May.

Applications for building permits also showed strength in July, advancing 8.1%.

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