A new category of premium residential property, termed 'presidence', is emerging at the top of the global market. This distinct format features self-contained communities of private residences, bound by shared infrastructure and anchored by a five-star international hotel brand. These properties are designed for multi-generational ownership, allowing families to live in and pass down homes across generations.
This development reflects a significant structural shift in global wealth. The number of individuals with over US$30 million in net worth increased from 551,435 to 713,626 between 2021 and 2026, according to Knight Frank’s Wealth Report 2026. This represents a gain of more than 160,000 individuals, or 89 people crossing this wealth threshold every day. Forbes also records 3,428 billionaires with a combined net worth of US$20.1 trillion.
The increasing mobility of this wealth further fuels the demand for such properties. Henley & Partners projects that 165,000 high-net-worth individuals will relocate internationally in 2026. This marks a 16 percent rise from the record 142,000 relocations in 2025. Affluent families are building cross-border portfolios of homes and residence rights, rather than tying themselves to a single jurisdiction. This trend is shaping the future of luxury real estate, including potential impacts on Ghana's high-end property market as global wealth seeks diverse investment opportunities.
Savills reports that the number of branded residential schemes worldwide grew 19 percent in 2025, reaching approximately 910. This number is projected to reach 1,747 by 2032, indicating robust growth in this sector. The Middle East and North Africa region has been the fastest-growing area over the past five years, experiencing a 187 percent increase in such developments. This global expansion highlights a strong appetite for professionally serviced, brand-anchored homes among the ultra-wealthy.
Real estate adviser Ku Swee Yong, CEO of International Property Advisor Pte Ltd, defines a 'presidence' by several key criteria. These include an exceptional location, the highest quality construction, ample space, a healthy natural environment, robust security, and self-sufficiency. Such properties create a place where owners and their families can live through all life stages, from career building to raising children and enjoying leisure. They also facilitate the passing down of homes through generations.
A 'presidence' is distinguished from conventional luxury developments by a comprehensive set of features. It must include a five-star hotel operated by an international brand present in at least three countries, located within the development. The estate should span 200 hectares (around 500 acres) or more, offering full-spectrum infrastructure within its perimeter. This infrastructure includes indoor and outdoor sports facilities, a central clubhouse, wellness centers, dining options, parks, natural areas, a medical center, and recreation. A lifestyle anchor, such as a golf, equestrian, or yacht club, is also a defining characteristic.
Crucially, these developments feature a clear separation of public and private zones. Residences are secured behind their own multi-layered security perimeter, isolated from guest-facing spaces like the hotel, restaurants, and spa. A 24/7 premium service model is also essential, featuring a dedicated resident care team and comprehensive concierge services. This ensures a high level of privacy and personalized attention for residents.
The emergence of the 'presidence' category suggests a shift in what the ultra-wealthy value in luxury real estate. The focus is moving beyond simple price-per-square-foot to encompass space, privacy, wellbeing, and autonomy. Decision-makers in Ghana's real estate sector should monitor this trend. It could influence future high-end residential developments and attract more foreign direct investment into the country's luxury property market. This evolution in luxury living standards will likely shape investment strategies and urban planning in affluent areas.