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Sales rise for Symphony Tower in Kakaako

By Star-Advertiser staff

LAST UPDATED: 12:58 p.m. HST, Jun 05, 2014

The Symphony Honolulu condominium tower recently began rising out of the ground in Kakaako, and the project developer has announced that unit sales, too, have risen.

Development firm OliverMcMillan said it has sold about 285 units in the 388-unit project, or 73 percent of the inventory.

Last July, OliverMcMillan said it had sold 200 of 288 units. Since then, the final increment of 100 units, which is reserved for buyers who meet high-moderate income limits, was released for sale through a lottery in September.

Project broker Heyer & Associates LLC said remaining units are available at prices from $390,000 for 2-bedroom units with buyer income restrictions to $3.2 million for a penthouse with 2,053 square feet of living space.

Construction on the 45-story tower at the mauka-Ewa corner of Ward Avenue and Kapiolani Boulevard began in November, and some support columns and walls have risen a couple or so stories high. Completion of Symphony Honolulu is slated for early 2016.

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Maneki_Neko wrote:
This is actually one of the best of the new projects coming up. Great location.
on June 5,2014 | 10:52AM
MANDA wrote:
You must be kidding. This got an exemption from the mauka-makai rule and instead runs Ewa-Diamond Head, the better to block airflow and all views but their own.
on June 5,2014 | 04:03PM
mcc wrote:
Sales have gone up 3% since your July 2013 newspaper article. Looks like business is booming.
on June 5,2014 | 11:21AM
HonoluluHawaii wrote:
Three percent? Booming?
on June 5,2014 | 01:43PM
GooglyMoogly wrote:
Where is this three percent figure coming from? July '13 they were at about 51% sold. Now they're at 73%.
on June 5,2014 | 03:08PM
HD36 wrote:
By early 2015 we'll be seeing a lot of buyers backing out because of a serious monetary breakdown which will cause interest rates to soar, the bond market to crash, and the dollar index drop below 70.
on June 5,2014 | 04:50PM
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