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Convenient Condominium Living In Kailua

homes0608_1Within weeks of the initial offering of D.R. Horton-Schuler’s Ka Malanai, Kailua’s newest condominium residence, the first three buildings in the six-building complex were almost sold out. Sales for Building Four is expected to begin in late summer.

The condominium development, D.R. Horton-Schuler’s first in Kailua, will consist of 153 one-, two-, and three-bedroom condominium apartments in four-story U-shaped buildings sited around landscaped interior courtyards. Parking is at ground level. Most of the apartments have two or three bedrooms and are priced from the high $700,000s to the mid $900,000s.

Ka Malanai is located on Kailua Road across from Kailua District Park. Shops, restaurants and the beach are within walking distance.

“We expected a strong response to this new condominium community, but the enthusiasm of buyers has even exceeded our expectations,” said Mary Flood, D.R. Horton-Schuler Vice President of Sales and Marketing. “Convenience is a high priority with today’s buyers, and this project offers just that and much more — well-designed residences with open floor plans and quality finishes.

“Also, we’ve found that many of our buyers were looking for an alternative to single-family home living, either because they were downsizing or because they were busy professionals who like to keep time expended on maintenance at a minimum,” she added. “Even though Ka Malanai is in Kailua Town, we wanted it to have a suburban community feel, so there will be green space around and within the complex, which is pet friendly. Apartments will have views of the courtyards and the mountains or park.

“People with an active lifestyle will find Ka Malanai especially desirable because of the proximity of Kailua Beach and the park across the street. This is one of Oahu’s best maintained and well-equipped parks with an Olympic size swimming pool, tennis and basketball courts, a ball field and gym.”

Flood noted that D.R. Horton-Schuler has improved the road between the condominium complex and the park. The developer also buried power lines underground, which has enhanced the appearance of the neighborhood.

“The first owners will move into Building One by the end of June and into Building Two by early July,” Flood said. “We will continue to offer units for sale incrementally and expect to have the entire project built out by summer of 2015.”

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