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Chinese investor to build home on Oahu North Shore property by Waimea Bay

October 15, 2015 By Mark G. Howard Leave a Comment

A Chinese investor who purchased nearly half of the lots in a 25-lot residential subdivision on Oahu’s North Shore overlooking famed Waimea Bay now has plans to build a new home on one of those properties, according to public records.

The 11 lots, on a little more than two acres, at The Bluffs at Waimea were sold to Dhara LLC by the Burger family for $6 million last year, as first reported by PBN.

Dhara was formed a little more than a year ago, and lists Shaoxiong Huang as its manager.

The company was recently issued a $515,000 building permit for a new single-family home with a retaining wall at the rear of the property, according to the City and County of Honolulu’s Department of Planning and Permitting.

Lancor Architects Inc. and Kingdom Builders are listed as the architect and general contractor, respectively, for the project.

The Bluffs at Waimea Bay is located on a hillside between Waimea Bay and Haleiwa town. The 23 lots being sold range from 7,500 square feet to 15,630 square feet, and homes have already been built on five of the lots.

Chinese investors are expected to spend more than $175 billion during the next few years acquiring real estate around the world, including Hawaii.

Duane Shimogawa
Reporter
Pacific Business News

 

Luxury_Oahu_Estates_$2M -_$3M
Luxury_Oahu_Estates_$3M -_$4M
Luxury_Oahu_Estates_$4M -_$5M
Luxury_Oahu_Estates_$5M -_$6M
Luxury_Oahu_Estates_$6M -_$8M
Luxury_Oahu_Estates_$8M – 10M
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Filed Under: Blog, Featured Blog, Luxury real estate, luxury real estate Oahu, Oahu real estate, Oahu real estate sales Tagged With: Celebrity home Honolulu, Celebrity Homes Honolulu, Luxury Estate Honolulu, Luxury Experiences Honolulu, Luxury Home Honolulu, Luxury Homes Honolulu, Luxury Honolulu, Luxury Living Honolulu, Luxury Mansion Honolulu, luxury real estate Honolulu, Luxury Villa Honolulu, LuxuryHomes Honolulu, LuxuryHomes.com Honolulu, Mansion Honolulu, Million Dollar Estates Honolulu, Million Dollar Home Honolulu, Most expensive Honolulu, Ocean View Honolulu, Penthouse Honolulu

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