Presidence Category Gains Market Share Across Global Premium Residential Real Estate
Property analysts identified the presidence as an emerging self contained residential model catering to multigenerational buyers seeking service led amenities at the top end of the global housing market
A distinct new category is emerging at the pinnacle of the global premium residential real estate market, driven by rising demand from an increasingly wealthy population. Known as "presidence," these are self-contained communities of private residences united by shared infrastructure and anchored by a five-star hotel under an international brand.
The trend reflects a shift in global wealth, with the number of ultra-high-net-worth individuals increasing by nearly 160,000 between 2021 and 2026, according to Knight Frank's Wealth Report 2026.
Experts describe the presidence as a format designed for long-term living and intergenerational wealth transfer, rather than short-term ownership. It offers a blend of space, privacy, wellbeing, and autonomy, with a clear separation between public and private zones. The format includes a five-star hotel operated by an international brand, a single estate of at least 500 acres, comprehensive infrastructure, and a 24/7 premium service model.
The design emphasizes a carefully curated community of like-minded individuals who can enjoy privacy while remaining part of an engaging social environment. While fully integrated examples remain rare, demand for such properties is growing faster than supply as the number of ultra-wealthy households continues to rise.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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