Luxury lifestyle services, private members’ clubs, wellness spaces—here are what the super-rich in the region want when they buy a home, says real estate expert Georgina Atkinson

What are Asia’s super-rich looking for in property investments today? 

Properties with luxury lifestyle and concierge offerings, plus private member’s clubs, lounges and in-house dining and wellness experiences are highly desired, as are branded residences, according to Georgina Atkinson, the Singapore- and Dubai-based managing director of the global real estate advisory firm.

The real estate pro, who has 15 years of experience in international sales, marketing and property development advisory, knows more than a thing or two about luxury property trends and what makes Asia’s wealthiest tick. 

Origin Private Office, which launched in May this year, provides residential real estate advisory services to ultra-high-net-worth and high-net-worth families across the globe, as well as buys and sells property on behalf of its clients in key markets globally. Atkinson leads a new development consultancy arm of the business, which works with ultra-luxury developers globally and offers clients advice. 

It also recently launched Origin Concierge, a dedicated luxury concierge service that is complimentary to the company’s clients. “Every day, we are asked to provide hotel recommendations, advice on the best schooling, short-term luxury accommodation options and access to high fashion and VIP art activations around the world—and so we have created a specialist division of the business that manages these requirements,” Atkinson says.

Before her role at Origin Private Office, she had worked on notable branded residential projects in New York, including The Waldorf Astoria, Mandarin Oriental Private Residences and Aman.

Here, Atkinson tells Tatler about what the super-rich seek in property investments.

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Tatler Asia
Georgina Atkinson
Above Georgina Atkinson
Georgina Atkinson

Luxury, stability—and sustainability

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Mandarin Oriental Residences, Beverly Hills
Above Mandarin Oriental Residences, Beverly Hills
Mandarin Oriental Residences, Beverly Hills

The rich want properties that boast premium amenities—those that are equipped with luxury lifestyle and concierge offerings, says Atkinson; plus superior craftsmanship and the ability to customise specific residential features. They also seek financial stability and long-term security in their property investments. Finally, they look out for developments that incorporate sustainable practices and smart home technologies. “Environmental awareness has become a very import consideration, particularly for younger Asian ultra-high-net-worth (UHNW) investors.”

Super-luxe branded residences

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888 Brickell, Dolce & Gabbana's first branded residential project, in Miami
Above 888 Brickell Miami, Dolce & Gabbana’s first branded residences
888 Brickell, Dolce & Gabbana's first branded residential project, in Miami

There is a “sustained demand” for “ultra-prime” branded residences, particularly from international property investors, says Atkinson. “Buyers purchasing a branded residential product very much enjoy and value the prestige and level of lifestyle associated with acquiring a branded residence.”

Buyers who go for properties that are branded, or have a worldwide name recognition, trust in these brands to deliver, and to a certain standard and benchmark, she adds. 

“As such, we continue to see buyers purchase branded residential properties in markets around the world without actually seeing the property itself—or even visiting the location—because they place such a deep trust in that the brand will deliver.” Aman and the Mandarin Oriental, which offer branded residences, have “really excelled” here, she says. 

To ‘unlock the door and enjoy their home’

There is also a growing demand for “turn-key, hassle-free” ownership experiences, says Atkinson. UHNW buyers are increasingly seeking residential offerings that provide comprehensive, white-glove services, from property management and rental optimisation to concierge support and lifestyle programming. “When they return home, our clients want to be able to simply unlock the door and enjoy their home, without the burden of day-to-day operations.”

Read more: First look: Rosewood Phuket unveils two manor-style beach houses, its most luxurious yet

‘Elevated’ living experiences

Some of the trends that cater to luxury property buyers include health and wellness programmes, medical facilities and open spaces inside the property developments, plus wellness spaces inside the home.

And that’s not all: buyers also want developments that come with private member’s clubs, lounges and in-house dining and wellness experiences.

These are all signs that there is a “growing preference from our clientele for homes that offer access to ‘elevated’ living experiences”.

Prime locations

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Mandarin Oriental Residences Fifth Avenue in New York
Above Mandarin Oriental Residences Fifth Avenue in New York
Mandarin Oriental Residences Fifth Avenue in New York

Major investment hotspots, like New York, London and Singapore, continue to attract property buyers’ interest—they want opportunities to diversify their investment portfolios across different asset classes and regions, says Atkinson. 

Many of Origin Private Office’s UHNW clients in Asia have a connection to Los Angeles, and the market is a very popular second home destination. This is especially so for the firm’s clients in North Asia, she adds. 

Japan has been considered a safe haven investment environment due to its political stability and reliable legal system, and Tokyo, driven by its “global city status, stable economy and mature real estate market”, is another investment hotspot.

Other cities that the super-rich look to invest in include Sydney and Melbourne—the former is valued for the high-quality lifestyle it offers, while the latter is known for its vibrant cultural scene, education and healthcare institutions and a very stable property market.

Finally, more than ever, there is a growing number of property purchases in Miami, says Atkinson. This is thanks to continued market and business growth there, as well as the fact that the state of Florida does not have a state income tax.

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