Ward Village is a 60-acre master planned community located in Kakaako. Set on 60 acres along the ocean between Waikiki and Downtown Honolulu. Ward Village is a pedestrian-friendly neighborhood. You will experience a combination of island luxuries, and urban conveniences. Ulana Ward Village is the ninth tower in Ward Village. There are indoor and outdoor community rooms, barbecue areas, co-working spaces, and much more. Ulana's architectural design is by Architects Hawaii Limited, interiors designed by InForm Design, Inc. and the landscape done by PBR Hawaii.
Building Features
41-story residential tower
Studios, 1, 2, and 3 bedrooms
Includes a Resident Manager
Includes building security
Ulana Lawn down below
*Starting Soon - Register Below To Be Kept Up To Date*
Ulana Ward Village View Planes (Please note that views are not a protected class and may change, this is for illustrative purposes to get an idea of the current view plane). View plane depictions are taken from the project site. Actual unit views may slightly differ depending where the unit is within the building and the orientation/position from within the unit.
Ulana is 100% Reserved Housing
The Hawaii Community Development Authority (HCDA), which overseas the developments in Kakaako, created the program to assist Qualifying Hawaii residents to become home owners. This program is created for those who make too much to be qualified to get federal assistance, yet not enough to qualify for regular market priced units.
Reserved Housing Units: 697
Studios 289 sq. ft. - $271,000 to $355,400
1-bedrooms 527 to 530 sq. ft. - $400,500 to $556,300
2-bedrooms 676 to 755 sq. ft. - $504,100 to $650,300
3-bedrooms 854 to 1,001 sq. ft. - $550,000 to $717,400
Market Units: None
Total Units: 697 (696 residences for sale + 1 resident manager unit)
Maintenance Fee: Coming Soon
Prices:
$271,000 to $717,400
*Please note that unit count and prices are subject to change and may be changed at any time per the developer*
Eligibility (income and Asset Restrictions)
All household members must provide income and asset verification. Income and assets must be under the 140% area median income (AMI) limits. Also house hold size will impact what type of unit you will be eligible to purchase.
Ulana Floor Plate
There will be 3 studios, 5 one bed units, 6 two bed units, and 3 three bed units on each floor. The floor plate will be the same from floors 2-41. All units have at least 1 parking stall. All 2 and 3 bedroom units will come with 2 parking stalls.
All amenities will be on the ground floor including BBQ grills and patios alongside the Ulana lawn. There will also be a workout room, shared work space, keiki play ground, and much more.
Two provisions of Reserved Housing Guidelines
Buyback and shared equity
Reserved housing is designed to help local residents to buy a home without having to compete in the traditional housing market. HCDA included these guidelines to insure that it benefits the Hawaii residents with their housing needs.
The buyback is the time length (regulated term) that owner has to physically live in the unit. Most of them are 2 or 5 years. However there are some 10 year units at Ulana.
Shared equity is the difference between the original appraised market value - the reserved housing price. You will need to pay back the shared equity back to HCDA when you sell the unit in the future.
Ulana at Ward Village - Project Location
Register My Interest For Ulana
DISCLAIMER: HOMESEARCHOAHU.COM IS NOT THE OFFICIAL WEBSITE FOR THE PROJECT.
Min Yong (R) and Homesearchoahu.com DOES NOT represent the Developer/Seller but is a Buyer's Agents in respect to any sale within the project. As a buyer's agent, Min will be there to help you every step of the way and will look after your best interests. Min is a full-time Realtor in the state of Hawaii and a Broker in Charge at ReMax Honolulu who specializes in new project construction on Oahu.
All information and renderings are subject to change by the developer. In order to give yourself the best possible chance of securing a unit, please register above or contact Min Yong for updates, information regarding prices, floor plans, and how to apply.