Hawaii Life has dominated the luxury and ultra-luxury market segments for nearly a decade, and continues to be the Luxury Market Leader in Statewide Sales above $3 Million and $10 Million for the first two quarters of 2022.

Following is a link to our 2022 Midyear Hawaii Luxury Market Report featuring sales and trends in Hawaii’s high-end real estate market:

https://report.hawaiilife.com/2022-luxury-market-report-hl-q2/

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As a founding member and exclusive Hawaii member of Forbes Global Properties, an invitation-only international network of top-tier luxury firms, we would like to share their 2021 Year-End Market Perspectives Report.   This report includes trends and insights into luxury markets worldwide from the perspectives of the network’s member brokerages spanning across 11 countries and 140 locations.

Our successful partnership with Hawaii Life continues to strengthen our service to our clients, and we look forward to a productive year.

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Hawaii Life is well known nationwide.  The head of our parent company, Matt Beall, was quoted extensively by Forbes and CNBC about Hawaii’s luxury real estate market activity during the first 3 quarters of 2021 in the following articles:

Forbes.com – January 3, 2022

CNBC.com – December 13, 2021

The CNBC article above includes a reference to Hawaii Life’s review of the luxury market that it dominates: 2021 Q1-Q3 Hawaii Luxury Market Report.  As noted on pages 10 & 11 of this report, Hawaii Life has the largest share of statewide sales over $3 Million at 14.7%, which increases to 24.2% for the market over $10 Million.  The $20.5 Million transaction for musician Carlos Santana in which Hawaii Life represented both sides provides some insight on the strength of our company.  Due to non-disclosure agreements, our firm is not permitted to reveal the details of some of our largest sales, but they are at the very top of the sales pyramid.

On Oahu, two of our agents with The Choi Group with Hawaii Life had the highest sales in 2021 in both the Diamond Head and Portlock neighborhoods, as well as in the Park Lane Ala Moana luxury condominium:

$10,990,500

Cynthia Nash (RB-17455) represented the Buyer in the highest sale in Diamond Head in 2021.

VIEW DIAMOND HEAD SALES

$9,999,999

Julianna Garris (RB-17280) represented the Seller in Park Lane Ala Moana’s highest sale in 2021.

Note: Sale was $1 under $10 Million, which saved the Seller about $14,000 in transfer tax.

VIEW PARK LANE ALA MOANA SALES

$8,350,000

Julianna & Cynthia represented the Seller in the highest sale in Portlock in 2021.

VIEW PORTLOCK SALES

Our successful partnership with Hawaii Life continues to strengthen our service to our clients, and we look forward to a productive year.

The post The Choi Group’s High Sales in 2021 appeared first on The CHOI Group at Hawaii Life.

The Choi Group with Hawaii Life is excited to announce Hawaii Life is a founding member of Forbes Global Properties, an invitation-only worldwide network of top-tier brokerages with direct access to qualified luxury buyers.  An exceptional, trusted and globally recognized brand for 100 years, Forbes targets top executives and influential leaders and entrepreneurs, reaching 6.3+Million readers and 133 Million unique monthly website visitors. Hawaii Life is the exclusive Hawaii member, and has a key ownership stake in this new elite international network and is also a member of the Board of Directors.

As you know, Choi International merged with Hawaii Life about 3 years ago.  The reason was clear to us, as Hawaii Life has become the dominant force in the luxury market statewide, especially from the $3 Million price point with an increasingly larger market share as the sales price goes up.  This groundbreaking association with Forbes was spearheaded by Jeff Hyland of Hilton & Hyland in Beverly Hills, Andy Nelson of Willis Allen in San Diego, and Hawaii Life’s CEO, Matt Beall.  We have worked with Jeff and Hilton & Hyland for decades as they have always been dynamically innovative in the luxury market.  This new online presence seeks to bring our clients closer to those high net worth individuals who rely on Forbes for financial information.  Forbes is a great brand and the creation of www.ForbesGlobalProperties.com is another innovation in high-end real estate.

Visit www.ForbesGlobalProperties.com/about to learn more about our new affiliation.

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