Experts say a self-contained, service-led residential format built for multigenerational ownership is emerging at the very top of the market — and that demand for it is rising worldwide.
Pitch Notes:
A new tier is forming at the very top of the residential market — the “presidence”: a self-contained, 200-hectare-plus community of private residences anchored by an international five-star hotel, built to be lived in and passed down across generations. With the number of individuals worth over US$30m up by 160,000 in five years and branded residential schemes growing 19% in 2025 alone, experts argue this format now warrants a category of its own — press release attached.

SINGAPORE – Media OutReach Newswire – 13 August 2026 – Experts in premium residential real estate note that a distinct new category is forming at the top of the market, and that demand for it is rising around the world. Property market specialists describe the emerging tier as the presidence: a self-contained community of private residences bound together by shared infrastructure and anchored by a five-star hotel under an international brand — a format designed to be lived in and passed down across generations, rather than simply owned.

The trend reflects a structural shift in global wealth. According to Knight Frank’s Wealth Report 2026, the number of individuals worth more than US$30 million climbed from 551,435 to 713,626 between 2021 and 2026 — a gain of more than 160,000, equivalent to 89 people crossing that threshold every day. Forbes, meanwhile, records 3,428 billionaires worth a combined US$20.1 trillion.

This wealth is also increasingly mobile. Henley & Partners projects that 165,000 high-net-worth individuals will relocate internationally in 2026 — a 16 per cent rise on the record 142,000 of 2025 — as affluent families build cross-border portfolios of homes and residence rights rather than tying themselves to a single jurisdiction. The appetite for professionally serviced, brand-anchored homes is visible in the development pipeline: Savills reports that the number of branded residential schemes worldwide grew 19 per cent in 2025, to around 910, and is on course to reach 1,747 by 2032, with the Middle East and North Africa the fastest-growing region over the past five years, at 187 per cent.

As the apex of the wealth pyramid rises, specialists say, demand at the very top is moving away from headline price-per-square-foot toward space, privacy, wellbeing, autonomy and a home that can be held and handed down across generations. The case for treating this as a distinct category was set out in a recent column by real estate adviser Ku Swee Yong, CEO of International Property Advisor Pte Ltd and an adjunct faculty member at Singapore Management University, where he teaches Real Estate Investments & Finance.”Luxury residence has a new crown, and it has a name: presidence,” he writes.

According to the expert, a property of this kind should meet several defining criteria: it should occupy an exceptional location among peer residences, be built to the highest standards of quality, provide space, a healthy natural environment, security and self-sufficiency, and create a place where owners and their families can live out every stage of life — building careers, raising children, enjoying leisure, prioritising health and wellbeing, welcoming family and friends, and ultimately passing the home down through generations. Privacy in this case does not mean isolation: rather than retreating behind their own gates, members of the presidence become part of a carefully formed community of peers, surrounded by people with comparable values, interests and ways of life.

These principles are, in practice, being formalised into a fuller set of criteria that distinguish a presidence from a conventional luxury development. At its most complete, the format is defined by:

A five-star hotel operated by an international brand present in at least three countries, located within the development;
A single estate of 200 hectares (around 500 acres) or more;
Full-spectrum infrastructure within one perimeter — indoor and outdoor sport, a central clubhouse, wellness, dining, parks and natural areas, a medical centre, recreation and security, plus a lifestyle anchor such as a golf, equestrian or yacht club;
A clear separation of public and private zones, with residences kept behind their own multi-layered security perimeter and isolated from guest-facing spaces such as the hotel, restaurants and spa;
A 24/7 premium service model featuring a dedicated resident care team, concierge services, standardised service-level agreements (SLAs), and a digital platform for managing every household and lifestyle need;
A unified architectural code governing the style and coherence of every building on the estate;
An equal-neighbour principle, under which a community of like-minded owners who can enjoy privacy while remaining part of an engaging social environment is formed.
Fully integrated examples remain rare worldwide, and demand, specialists say, is running ahead of supply as the number of ultra-wealthy households continues to grow.

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The heartbeat of real estate in Mauritius and the Indian Ocean region, this African Property Investment (API) event is set to energise the property market

PORT LOUIS, Mauritius, May 8, 2024/APO Group/ — 

The 2^nd annual API Mauritius & Indian Ocean Property Forum (www.APIEvents.com)​, which will be held on 13 June 2024 at the InterContinental Hotel & Resort, is situated 15km from both Port Louis and Gand Baie in Mauritius, promises to be a landmark event. The gathering is a testament to Mauritius’s growing status as a destination for real estate investment and corporate expansion.

With its favourable business environment, safety, strategic location, and growing economy, Mauritius is poised to attract increased foreign direct investment and become a major player in the regional business landscape. This one-of-a-kind event covers opportunities for buyers and developers as well as Mauritius’s significant potential as a business hub for Africa and the region.

The forum, a gathering of local and international stakeholders, offers a unique opportunity to connect with key players in the industry. With its well-structured schedule, diverse sessions, and high-profile speakers, the event promises to provide valuable insights and networking opportunities for all.

Murray Anderson-Ogle, GM of marketing and commercial at API Events, says, “The API Mauritius & Indian Ocean Property Forum is easy to attend and comes with plenty of opportunities in residential, hospitality and commercial property, property management, and more. It also coincides with one of the best months to visit this beautiful island nation.” Adding that this year’s theme “ Building the Future – Leading Tomorrow’s Africa provides a unique platform to share insights into the opportunities in Africa’s fastest growing and impactful business hub.”

JLL, a second-time sponsor, is the largest global real estate advisor present in Africa and has been active in Mauritius for more than a decade, advising investors, lenders, developers, occupiers and the public sector on a broad spectrum of asset classes, with the aim of linking global capital and innovation with local platforms and expertise.

Wayne Godwin, Co-CEO of JLL Africa, comments, “The success of the inaugural event in 2023 really highlighted the appetite for Mauritius from the regional and local investor community and 2024 will no doubt build on this success. Mauritius has weathered many of the global headwinds better than other regional economies and the fundamentals are amongst the best in Africa for recovery through 2024. As JLL, we are very proud of the partnership with API and the forum’s ability to raise awareness of the opportunity for investment into Mauritian and African real estate.”  

Bloomage is a proud sponsor of the API Mauritius & Indian Ocean Property Forum for the second consecutive year. It is a growth-driven innovative property fund that holds and manages a well-diversified portfolio of prime properties in Mauritius, with assets valued at circa MUR 6 billion spanning across the retail, office, industry and hospitality segments, and land for future development.

The API Mauritius & Indian Ocean Property Forum is easy to attend and comes with plenty of opportunities in residential, hospitality and commercial property, property management

Robin Hardin, CEO of Bloomage Property Fund, comments, “Our strong permeating belief in ‘Real Estate with a Heartbeat’ supports our dedication to positively contribute to Mauritius’s economy through the real estate sector. By collaborating with API Mauritius, we reinforce our role as a reliable partner in developing the property market both locally and in the region.” 

“Our principle of ‘Real Estate with a Heartbeat’ underscores our dedication to enhancing Mauritius’s economy through the real estate sector. By supporting API Mauritius, we reinforce our role as a reliable partner in developing the property market both locally and in the region.” 

As a repeat sponsor of the event Landscope Mauritius are pleased to demonstrate their ongoing support for the Summit, which serves as a valuable platform connecting international and local real estate professionals and leveraging on a wealth of industry expertise and pan-African knowledge.

Sandee Teeroovengadum, Head of Marketing & Communication at Landscope Mauritius, says, “API Mauritius aligns with the organization’s intent of promoting sustainable and cutting-edge real estate development in Mauritius. As a repeat sponsor, we are pleased to demonstrate our ongoing support for the Summit, which serves as a valuable platform connecting international and local real estate professionals and leveraging on a wealth of industry expertise and pan-African knowledge”.

Medine Property, another second-time sponsor, is part of the historic Medine Group in Mauritius, which has been part of the western Mauritius growth story since 1911. Since 2007, Medine Property managed a diverse portfolio of high value, strategically located properties, including retail, offices, education, and hospitality assets.

Joel Bruneau, Managing Director of the Property Department at Medine Group, says API Mauritius offers valuable international exposure and connections with industry leaders and potential buyers. “Medine Property’s support aligns with our goal to create world-class integrated residential and commercial offerings in The West of Mauritius with leisure and educational developments – all part of a carefully considered masterplan – while contributing to Mauritius’ sustainable social and economic progress.”

HTI Consulting is proud to be a second-time sponsor at the Mauritius & Indian Oceans Property Forum. HTI Consulting brings 20 years of experience in the brokerage, asset management, operation selection and management contract negotiation, due diligence, financial and feasibility analysis fields having worked in over 40 countries in Africa and the Middle East.

Wayne Troughton, CEO of HTI Consulting, comments “The inaugural API Mauritius held last year provided significant opportunities to engage, network and hear from the leaders in the property and hospitality sector in Mauritius. It brought together all the major players in Mauritius and was invaluable for us and something that we are very proud to support again this year”.

Join the 2^nd Mauritius & Indian Oceans Property Forum on 13 June 2024 at InterContinental Hotel & Resort, Mauritius. For more information and to book to attend the API Mauritius & Indian Oceans Property Forum visit https://apo-opa.co/3Wwtgm0

Distributed by APO Group on behalf of API Events.