Buyer emerges from $16.25M purchase of posh Kahala oceanfront estate

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Singapore’s Far East Organization, one of the largest real estate groups in Asia, has emerged as the buyer of a large oceanfront Kahala estate once owned by Japanese businessman Genshiro Kawamoto, Shimogawa Scoops has learned.
The 11-bedroom, 10-bathroom, 17,408-square-foot estate that encompasses 1.3 acres was purchased by Far East for $16.25 million, public records show. The property was part of Kawamoto’s real estate holdings in Hawaii that was purchased by major Hawaii landowner Alexander & Baldwin Inc. a few years ago for more than $100 million.
The property was once listed for $22 million and was last sold for $18 million in 2010. It includes a waterfall and a guest suite, as well as a private veranda overlooking the beach.
Hawaii Life Real Estate Brokers represented A&B subsidiary Estates of Kahala in this big transaction.
Together with its Hong Kong-based sister company, Sino Group, Far East is one of Asia’s largest real estate groups. It has publicly-listed and private development and investment companies under its umbrella and operates in Singapore, Malaysia, Australia, Hong Kong and China.

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