A new listing that came on the market recently at a Honolulu condo shows that some properties are clearly over priced. A penthouse at the One Waterfront Plaza was listed for $10million. For $10 million, one would expect something truly spectacular after all we are not at the high price levels that one would see in Hong Kong. The 5 bedroom penthouse in the Makai Tower is almost 4500 square feet. But, being clearly overpriced, the list price was reduced to a still exorbitant $7.5 million. Even at $7.5 million it is double the price per square foot of other smaller penthouse units in the building.
Honolulu penthouse – for $10 million
April 20th, 2010 by Malia Leilani Meenderman
