Where Do The World’s Richest People Choose To Live?

05/04/2019

Where Do The World’s Richest People Choose To Live?

Palm Island Villas in Dubai, Sagaponack in New York USA, Deep Water Bay in Hong Kong and Ciputra in Hanoi, Vietnam are the leading real estate brands in every country, where the rich people choose to live. So what makes these urban areas uniquely appealing?

1. Palm Island Villas in Dubai

Referring to Dubai (UAE), people often think of luxury buildings, the world’s top skyscrapers and the most luxurious property projects. In addition, whenever Dubai is mentioned, it is synonymous with the city of the rich. This is the place where Middle East’s largest number of individuals owns assets. And their choice of the most luxurious residence is Palm Island Villas in the Artificial Palm Island.

Each villa in the Palm Island Villas in Dubai has a private view and entrance connecting to the sea.

The Palm Island Project in Dubai includes three artificial islands namely: Palm Jumeirah, Palm Jebel Ali and Palm Deira – built by Nakheel Properties, a property developer in the United Arab Emirates. With the shape of palm branches reaching out to Persian Gulf, this artificial archipelago is promoted to be the world’s largest artificial island and can be seen from the moon. The project is expected to cost about USD 12.3 billion.

The villa area has a unique location on palm leaves and is built in two rows with a road in the middle. Each villa has a direct view and entrance to the sea. The villas are available for sale and rent and the average price for a unit is AED 13 million equivalent to USD 3.5 million.

2. Sagaponack – Million dollar villas village in New York – USA

As the most expensive place in New York and the second most expensive in the United States, Sagaponack is a high-end residential area in the Hamptons – east of Long Island, New York (USA), is famous as a resort for the rich and celebrities in the summer and only has 491 residents.

With the “island on island” terrain, Sagaponack possesses gorgeous natural scenery when its directions are surrounded by the sea and is the area with the most beautiful beaches among the 20 Hamptons coastal villages. Only a 2-hour New York City drive with many large roads that are convenient for moving but this place is a completely isolated world, bringing the breath of a peaceful suburb with a slow pace of life.

A villa corner at Sagaponack “million dollar village”

Here there are many million-dollar properties of celebrities and CEOs. The average house price here is about USD 7.1 million (According to the Property Shark study 2018) and to live well in this area, your minimum annual income must be USD 853,738 (According to GoBankingRates).

3. Deep Water Bay in Hong Kong

As the bay and residential area located on the Southern shore of Hong Kong Island, Deep Water Bay is surrounded by the hills of Shouson, Brick and Violet, beneath the hills is a beach.

According to Forbes, it used to be considered the “richest city block on earth”, so far it is home to the richest people in Hong Kong, including billionaire Li Ka-shing – considered the richest man of Hong Kong with assets worth USD 29.3 billion.

Hong Kong’s most expensive residential area with apartments and villas, all have a view of the water

All high-end apartments and villas here are hidden in the “green oasis” with absolute views to the sea.
It is also considered one of the best secured residential areas and the most ideal living space with many trees so its climate is always lower than other areas in Hongkong Harbor City.

4. Ciputra – Land of the Ha Thanh elite – Vietnam.

Known as the first international urban area in Hanoi, Ciputra has been the residence for tens of years of the Ha Thanh elite generation. This is also the only large-scale urban area (300ha) in Vietnam that has a favorable advantage when it is adjacent to West Lake – the largest natural lake in Hanoi, located in the “golden coordinates” of Northwest gateway of the capital; at the same time is also a good place for feng shui due to be surrounded by the Red River, making the climate in this area always cool, and its temperature is always lower than other areas in the summer.

Fresh living space with a 25-hectare core park, the urban area has a separate location to separate from the bustling streets and close enough to reach every key location of inner and suburban areas. Furthermore, the urban area also owns international standard service utilities, and of course, the price of each villa here is also up to 6 digits of USD, which is a home to politicians, counsellors, ambassadors, successful businessmen and famous celebrities in Vietnam. Attracting more than 34% of foreigners, Ciputra is also the urban area with the largest international community in Hanoi.

Grand Gardenville luxury villas – the latest low-rise product of Ciputra Hanoi only has about 40 units left

In addition to the above properties, the bustling area near Australia’s Sydney port, the calm Washington Lake in the US, the peaceful Lake Geneva in Switzerland, and the green Thames River – a proud symbol of ancient England are always the special “addresses” that the skilled elite in properties around the world aim for their homes.

Obviously, the highlights and prerequisites for the above properties to be caught “giants’ eyes” are its terrain near rivers, lakes, and sea with large ecological space and convenient traffic. Originating from the value of waterway trade since ancient times, almost all developed cities today have rivers flowing through. The river acts as a natural vitality source, bringing tourism, cultural and spiritual values to people. When living space close to nature becomes increasingly limited, riverside properties have become more and more rare.

According to Ciputra Hanoi, TheLINK345 apartment complex has started handing over two towers namely LINK3, LINK4, and LINK5 tower is expected to hand over in fourth quarter 2019. With the policy of “STAY NOW – PAY LATER”, accordingly, from now until the end of April 18th, 2019, customers only need to pay 50% of the value of the apartment can get the house immediately, the remaining of 45% has been GRADUALLY PAID WITHOUT INTEREST RATE for 24 months. This is a golden opportunity to own a handful of Ciputra-branded luxury apartments. For low-rise products, the investor has been opening a subscription to the end of April 30th, 2019 for the final premium units available at Grand Gardenville villa subdivision adjacent to the 25-ha core park.