‘Donald trump in Waikiki’ is sold out! Hawaii is hot but Donald Trump’s property is hotter! Read on and notice how toasty the real estate market really is there when it comes to condos. The Trump International Hotel & Tower Waikiki Beach Walk has set a world record for the amount of residential property (by dollar and unit volume) sold in one development on a single day. The total was over $700 million and by the end of the first day of a planned two-day sales event, all of the 464 hotel suites and residences were sold. True to his words – “I predicted that Trump Tower Waikiki would be the most luxurious development in Hawaii, and buyers responded,” said Trump, who had featured the development on his TV reality series, “The Apprentice.”
Buyers came from around the world but Japanese buyers (40 percent of sales came from Asian buyers) made up the largest group of buyers, picking up units priced from the mid-$400,000’s for a studio suite, to over $9 million for a three-bedroom penthouse. But they all will have to wait until 2009 to take ownership of their new condos which will also have access to a library, wine cellar, lobby bar, infinity-edge pool, and 24-hour maid and concierge services. The Trump sale attracted celebrities including entertainer Don Ho, Trump’s daughter Ivanka, NBA players, and pro golfers, along with a famous Japanese rap star and baseball player.