Trump Reaches A Real Estate Record in Hawaii

by Deidre Woollard (RSS feed)
Nov 13th 2006 at 7:00PM

We knew that Hawaii was hot but Donald Trump proved just how toasty the real estate market really is there when it comes to condos. The Trump International Hotel & Tower Waikiki Beach Walk has set a world record for the amount of residential property (by dollar and unit volume) sold in one development on a single day. The total was over $700 million and by the end of the first day of a planned two-day sales event, all of the 464 hotel suites and residences were sold.

Buyers came from around the world but Japanese buyers made up the largest group of buyers, picking up units priced from the mid-$400,000's for a studio suite, to over $9 million for a three bedroom penthouse. Purchasers will have to wait until 2009 to take ownership of their new condos which will also have access to a library, wine cellar, lobby bar, infinity edge pool and 24-hour maid and concierge services.

Tags: donald trump, luxury condo, real estate, trump, waikiki