Howard Hughes Communities Reports Record-Breaking Sales at Ward Village.

Howard Hughes Communities reported $1.2 billion in sales at the launch of its newest luxury residential towers, 'Ilima Ward Village and Melia Ward Village, in Honolulu's Ward Village community. The two towers, developed in partnership with Discovery Land Company, set a new record for condominium sales in Hawaii, with 'Ilima selling over $280 million in penthouse sales and a single residence selling for over $40 million. The towers are 41% and 52% pre-sold, respectively.

Howard Hughes Communities (NYSE: HHH) has made a significant impact in the real estate market with the launch of its newest luxury residential towers, 'Ilima Ward Village and Melia Ward Village, in Honolulu's Ward Village community. The company reported record-breaking sales of $1.2 billion at the launch, setting a new benchmark for condominium sales in Hawaii [1].

The two towers, developed in partnership with Discovery Land Company, have seen exceptional pre-sale rates. 'Ilima Ward Village, a 33-story building with 148 residences, has sold over $280 million in penthouse sales, with a single residence selling for over $40 million. Meanwhile, the 35-story Melia Ward Village, featuring 221 units, has also demonstrated strong demand, with a 41% pre-sale rate for 'Ilima and a 52% pre-sale rate for Melia as of September 1, 2025 [1].

The success of these towers is a testament to the continued demand for luxury condominiums in the Howard Hughes portfolio. The company's Chief Executive Officer, David R. O’Reilly, stated, "The record sales at ‘Ilima and Melia—both in volume and pricing—are the highest ever seen in Hawai‘i, solidifying Ward Village as the gold standard for luxury living on O‘ahu" [1].

In addition to the impressive sales figures, the development of Ward Village has brought meaningful contributions to the area. The opening of Victoria Ward Park Makai and the recent amendment of HCDA Mauka Area Rules have expanded the community's green space and future redevelopment potential, supporting a balanced mix of homes, public spaces, restaurants, and retail experiences [1].

About Howard Hughes Communities
Howard Hughes Communities is a real estate platform of Howard Hughes Holdings Inc. (NYSE: HHH), developing, owning, and operating large-scale master planned communities and mixed-use developments across the nation. The company's portfolio includes The Woodlands®, Bridgeland®, The Woodlands Hills® in the Greater Houston region; Summerlin® in Las Vegas; Teravalis™ in the Greater Phoenix region; Ward Village® in Honolulu; and Merriweather District® in Columbia, Maryland [2].

References:
[1] https://www.stocktitan.net/news/HHH/howard-hughes-communities-reports-1-2-billion-in-sales-at-launch-of-hb2ilbbbc7li.html
[2] https://www.howardhughes.com/communities