Sales increase at pricey Maui project

Honua Kai's growth could signal a revival for expensive condos after the recession

By Andrew Gomes

POSTED: 01:30 a.m. HST, Mar 04, 2013

~~<p>Selling $50 million worth of condominiums in a year isn't as astounding as $425 million in two months, but the sales team at a luxury Maui condo project is celebrating what one analyst said represents a leading edge of a broader recovery.</p>
<p>Honua Kai, a 700-unit condo complex that opened its initial phase in the wake of the recession four years ago, reported $50 million in sales last year.</p>
~~

Selling $50 million worth of condominiums in a year isn't as astounding as $425 million in two months, but the sales team at a luxury Maui condo project is celebrating what one analyst said represents a leading edge of a broader recovery.

Honua Kai, a 700-unit condo complex that opened its initial phase in the wake of the recession four years ago, reported $50 million in sales last year. Login for more...