Oahu Covid-19 Real Estate News

UPDATED | October 26, 2020: 

For Hawaii visitors, it’s important to know that a mandatory quarantine for all trans-Pacific travelers remains in effect. As an alternative, Pre-Travel Testing option launched on October 15, 2020. Visitors opting for pre-travel testing must produce evidence of a negative COVID-19 test result. The test must be taken at one of the State of Hawaii’s trusted travel partners within 72-hours of arrival in Hawaii.

Please visit Go HawaiiSafe Travels Hawaii and the Hawaii State Department of Health for the latest detailed information.

Park Lane’s Continued Popularity – Even During A Pandemic

Park Lane’s allure continues to entice buyers at home and abroad more than any other luxury development in Honolulu. Oahu’s Noel Shaw recently reported on a new-to-market, third-floor bungalow currently listed at $8.8 million. One of nine residences with private entrances, Park Lane’s bungalows are considered “the coveted gems of the development” since it began selling, according to Noel Shaw.

Bungalow Residence, #8305 is a turn-key, fully-furnished 3-bedroom island home that spans more than 3,300 square feet and features a lush private yard, a pool and spa, a ustom kitchen, luxury finishes and a connected 2-car garage. The home’s unique U-shaped design envelopes a private swimming pool and covered lanai for a truly special indoor-outdoor living experience in the heart of Honolulu.

Honolulu’s Military Presence

Oahu’s Cherie Tsukamoto shares some interesting stats about Honolulu’s military population in her recent blog. Military families participate in 20% of all real estate transactions on Oahu. As a military mom herself, Tsukamoto understands the stresses and strain PCS moves can have on families.

“Statistically, 80% of PCS (Permanent Change of Duty) moves cause financial hardships. What’s worse, 43% of couples choose to live apart at some point during their military careers,” writes Cherie.

Our dedicated Military Specialized Team (MST) is made up of veterans and military families who understand the unique challenges. Monica Schaefer of Hawaii Life’s MST has PCS’d countless times, investing in properties along the way. She breaks down some of the complexities of the rent vs. buy questions for active duty service members stationed in Honolulu in her latest blog Military Homeowners: Should You Sell or Rent Your Home?

She covers topics like HOA, depreciation recapture, General Excise Tax (GET), Transient Accommodations Tax (TAT), and the Hawaii Real Property Tax Act (HARPTA). Check it out to help you make informed decisions.

Staying Connected

Cherie Tsukamoto recently shared some expert advice from a psychologist on how to stay (and feel) connected during these difficult times. Oahu is known as the “Gathering Place” so this year is especially challenging, notes Cherie, “in a culture that is all about connecting.”

“Yes, this is challenging, especially in a place like Hawaii, where gathering is second nature, and connection is so natural. But, in spite of COVID-19 and social distancing, we remain connected. We are ‘ohana. Our island home, our lifestyle, and our culture connects us. Always,” says Cherie.

Check out her blog for tips on how to stay connected in a world that’s socially distancing right now.

You can stay updated on the very latest Hawaii real estate news and follow the Oahu real estate market at our blog.

Comments (0) Show CommentsHide Comments (Remember)

Cool. Add your comment...

Your email address will not be published. Required fields are marked *

Leave your opinion here. Please be nice. Your Email address will be kept private, this form is secure and we never spam you.

More Articles from Hawaii Life