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RECORD SALE | Scandia Towers Penthouse Sells for $1.9 M, Highest Ever Sold Unit in the Building

Oct 4
3 min read

The Causey Group is proud to announce the successful sale of Penthouse 2 at Scandia Towers, 155 Paoakalani Avenue, Honolulu, Hawaii, for $1.9 million—setting a new record for the building.


Even more impressive, the property sold for more than $300,000 over the asking price, demonstrating the exceptional demand that can exist for truly unique, trophy-quality properties when they are strategically positioned and marketed to the right buyers.


A Record-Breaking Sale at Scandia Towers

The $1.9 million sale of this Scandia Towers penthouse represents the highest sale ever recorded in the building.


Located in the heart of Waikiki, Penthouse 2 offered the rare combination of expansive interior living space, a large private lanai, elevated views, and the exclusivity of penthouse living. Properties with this level of scale, privacy, and character are exceptionally difficult to replicate within the Waikiki condominium market.


The final sale price of $1,900,000 exceeded the original asking price by more than $300,000, creating a standout result for both the property and Scandia Towers.


What Made This Waikiki Penthouse So Special?

Trophy properties are different from typical condominium listings. Buyers are not simply purchasing square footage—they are purchasing rarity, lifestyle, location, views, and the opportunity to own something that cannot easily be replicated.


This Scandia Towers penthouse offered an extraordinary combination of:

  • Penthouse-level positioning

  • Approximately 1,700 square feet of interior living space

  • Around 300 square feet of private lanai space

  • Ocean and Diamond Head views

  • Expansive indoor-outdoor living

  • Two-bedroom, two-bathroom configuration

  • Dedicated parking

  • A highly desirable Waikiki location

  • The potential for short-term vacation rental use

The result was a property that stood apart from the typical Waikiki condominium inventory.


Strategic Marketing Creates Results

A record sale does not happen by accident.

For a property of this caliber, the marketing strategy needs to communicate the property's value while creating excitement among qualified buyers and their agents.


The Causey Group approached the sale with a focus on luxury presentation, strategic positioning, professional marketing, and exposure to qualified buyers.


The objective was not simply to put the property on the market.

It was to create a compelling reason for buyers to compete for it.

That strategy ultimately helped generate significant interest and resulted in a sale price more than $300,000 above the original asking price.


The Causey Group | Honolulu Luxury Real Estate

This sale is another example of the results The Causey Group strives to deliver for Hawaii property owners.

From luxury penthouses and ocean-view condominiums to investment properties and high-value residential real estate, our approach combines market knowledge, strategic pricing, high-end presentation, targeted marketing, and strong negotiation.


When a property has the potential to achieve a premium result, every detail matters—from how the property is positioned at launch to how buyers perceive its value and how the final negotiations are handled.


The $1.9 million sale of Scandia Towers PH2 is another record trophy-property sale for The Causey Group and another example of what is possible with the right strategy.


Thinking About Selling Your Honolulu Property?

If you own a condominium, penthouse, luxury residence, or investment property in Honolulu, Waikiki, or across Oahu, the way your property is positioned can have a significant impact on the final result.


A property gets one chance to make a first impression.


If you're considering selling your Hawaii property, contact The Causey Group to discuss how we can position and market your property for maximum exposure and results.

 
 
 

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