Donald Trump and partner Irongate Capital said the number of units and dollar volume set a record for condo property sold in Hawai'i for a single project in one day.

The developers said the previous record was last year's sale of 318 units for $425 million at the first phase of the Maui resort condo Honua Kai by Intrawest Corp.

"I predicted that Trump Tower Waikiki would be the most luxurious development in Hawai'i, and buyers responded," Trump said in a statement.

Irongate co-founder Jason Grosfeld said buyers can be assured that when the tower is completed in mid-2009, they will own a piece of a landmark hotel in Waikiki.

The project, being developed for an estimated $400 million, is the first time in 25 years that a new five-star hotel is being built on O'ahu.

Among planned amenities and services at the project on Saratoga Road fronting Fort DeRussy are a wine cellar, library, lobby bar, café, infinity pool, fitness centre, spa, and 24-hour maid and concierge services.

Prices for units ranged from the mid-$400,000s for a 500-square-foot studio to more than $9 million for a three-bedroom penthouse. The average price was $1.5 million.

About 1,500 individuals or groups largely from Hawai'i, California, Japan, Canada, Mexico, Europe and China had expressed interest in the project since September. Those applicants selected units and signed sales contracts at a sales event yesterday at the Halekulani hotel.