A Partnership with Discovery Land

Hawaii New Homes Report | March 2024 Edition

By REAL. Updated Apr 16, 2024. | Hawaii New Homes Reports | 4 min. read
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Ilima Ward Village partners with Discovery Land

About 8 to 9 months ago, Ward Village unveiled plans for Block D and Block E, the final two towers in its master plan. Recently, the names of these towers were revealed: Block D will be known as Ilima, and Block E as Melia.

Additionally, it was recently announced that Discovery Land Company and Howard Hughes have joined forces for the development of Ilima. This partnership signifies a collaboration that will elevate the residential experience to unprecedented levels. Ilima will feature Discovery Land Company's renowned concierge services, and both Ward Village and Discovery Land Company will work with Robert A.M. Stern Architects to curate amenities.

Ilima Ward Village future location
Ilima Ward Village future location

You can learn more about Melia and Ilima below:

Ilima Ward Village

Melia Ward Village

Melia Ward Village
Melia Ward Village

Kuilei Place Pilot Program

In an effort to create more opportunities for local homeownership, HHFDC has designed a new program called the Dwelling Unit Revolving Fund Equity Pilot Program, also known as DEP.

If you're a nurse, teacher, police officer, or in the field of agriculture, you might qualify for a deeper discount. For example, a 2 bedroom at Kuilei Place would cost $523,400 instead of $626,700.

Kuilei Place rendering
Kuilei Place rendering

To check if you're eligible, see all the requirements below:

  1. Eligible HHFDC buyer (Hawaii resident, HI withholding tax, income <140% AMI)
  2. No gift funds
  3. Profession qualifies
  4. Cannot own any real property

Down payment required: 5%. Co-mortgagor/co-signor: Yes.

If you qualify, please call Shay at (808) 398-7429 and schedule a time to visit the Sales Gallery.

Launiu Owner-Occupant Sales Begin

While Launiu Ward Village was launched earlier this year, Owner-Occupant designated units didn't go on sale until last Tuesday, April 9th at 8:00am. To register for a sales appointment, please call Shay at (808) 398-7429 and we'll setup a visit at the Ward Village Sales Office.

Those who are interested in purchasing, you'll need to fill out an Owner-Occupant Affidavit, select a unit, execute a sales contract, and provide a 5% earnest money deposit via check.

The Owner-Occupant purchaser must be present to execute and notarize the Owner-Occupant Affidavit and sales contract. A government-issued photo ID is required.

Progress at Koa Ridge

Since the opening of Koa Ridge in 2020, a little over 500 homes were built. The entire master plan will include a total of 3,500 homes, so we're projecting another 9 years of development to go.

Currently, Waioha II and Nanea II are currently on sale. To reserve your home, all you need is a pre-approval letter, along with a $15k earnest deposit. You'll have 30 days to cancel your reservations with a $250 cancel fee, but that's the risk to take as all homes are offered as first-come, first-serve. There is a 1 year owner-occupancy requirement, but the good news is that maintenance fees are only $115 per month, with association dues at $71.10.

Rendering of Malu Koa West - Summer Release scheduled
Rendering of Malu Koa West - Summer Release scheduled

Lastly, it's been confirmed that Malu Koa West is coming this summer. It'll be available for sale to owner-occupants and investors and should take 1.5 years to build before completion.


AliaLess than 20 units remain.
1 bed - Starting at $1,511,000
2 bed - Starting at $1,448,000
3 bed - Starting at $2,520,000
Waioha II - 15 units (3- and 4-bedrooms) starting at $951,511.
Nanea II
- 31 units (3- and 4-bedrooms) starting at $1,072,500.
HoopiliNahele - 22 units (1-, 2- and 3-bedrooms) available. Prices start at $429,075.
Kanalani - 1 units (3-bedrooms) available. Prices start at $922,655.
- Sold out.
Kuilei Place1 bedroom market-priced units start in the high $600ks.
Reserved housing starts in the low $500ks. Restrictions apply.
57 Studios - Starting at $270,000
1 One Bedrooms - $360,000
10 Two Bedrooms - Starting at $398,000
DPP Requirements Apply
12 units remain.
Studios starting at $833k
One Bedrooms starting at $949k
1 Two Bedrooms - $1.83M
2 Three Bedrooms - Starting at $2.06M
13 units remain.
One Bedrooms starting at $1.33M
Two Bedrooms starting at $2.15M
20 to 30 units are expected to come back on the market.
6 Three Bedroom units - Starting at $1,045,000
7 Four Bedroom units - Starting at $1,245,000
Kauanoe o Koloa4 units available - 2-bedrooms starts at $1.4M, 3-bedrooms start at $1.6M, and 4-bedrooms at $1.83M
Pakela Ike3 of 24 lots of land remain available.

Click here to see all new proposed and approved new developments in Hawaii.

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Real Estate And Living Hawaii is committed to providing the most up-to-date information about real estate developments in Hawaii. Information about projects, collected on April, 2024, including pricing, inventory, and floor plans, often change without notice. Information is deemed reliable but not guaranteed.

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