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Emergence of the 'Presidence' in Premium Residential Market

Experts indicate a new trend in high-end residential real estate: the 'Presidence.' This self-contained, service-led format for multigenerational ownership is gaining traction globally. It features private residences with shared infrastructure, anchored by a five-star hotel under a global brand, meant to be passed down through generations.

The growth in ultra-wealthy individuals fuels this demand. Knight Frank's Wealth Report 2026 shows a rise in those worth over US$30 million. Additionally, Savills notes a significant increase in branded residential schemes, especially in the Middle East and North Africa.

The 'Presidence' offers more than just luxury. It promises space, privacy, wellbeing, and a sense of community among similarly-valued residents. Despite demand outstripping supply, the concept is taking shape as it becomes a distinct category in the market. Key features include a five-star hotel, extensive infrastructure, and a unified architectural code.

R. E.

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