Waterfront residences are good for health and wellness, making these elite homes particularly tempting to Asian purchasers from other countries. A waterfront home’s lifestyle and added facilities have a worldwide appeal to Asian, particularly Chinese purchasers, who believe that water brings good fortune and riches to its owners.
According to the Knight Frank Global Waterfront Study, which is based on appraisals from Knight Frank’s global network, prices for premium waterfront homes are 40% more on average than equivalent inland properties. The index compares the prospective value increase for great waterfront residences to similar properties located further inland with no access to or view of the sea.
Because of their location and rarity, waterfront residences are among the most liquid assets. Although these properties are in high demand from potential purchasers who want to ensure their future exit strategy, not all great waterfront homes are created equal, and their prices vary depending on location and features. The following are ten of the most outstanding waterfront developments across the world that will be appealing to Asian purchasers.
The Ellipse, Royal Eden Docks, London, United Kingdom
The Ellipse is a 15-story new construction from Mount Anvil in collaboration with ExCeL London that provides direct access to Royal Eden Docks facilities. The property is less than 100 meters from the water’s edge and offers 117 brand-new studios, one-, and two-bedroom apartments with lake views to the south and beautiful garden views to the east. A rooftop jogging track, 24-hour concierge and business lounge, sauna and steam room, indoor swimming pool, movie room, spin studio and yoga studio, and meeting and entertainment area are among the amenities.
Chelsea Waterfront, Waterfront Drive, Chelsea, London, United Kingdom
Chelsea Waterfront is master-planned by globally renowned architect Sir Terry Farrell and is located in the midst of one of the capital’s most historic and sought-after neighbourhoods. It consists of two glass residential towers of 37 and 25 stories, three riverfront buildings set around beautiful gardens, and the restoration of the ancient Lots Road Power Station. The complex, which has 600 metres of river frontage, also has magnificently manicured gardens created by world-renowned landscape architect Randle Siddeley, as well as a 24-hour concierge, gym, swimming pool, jacuzzi, sauna, and steam room. Shops, restaurants, and pubs are also available.
Frond K Villa, Palm Jumeirah, Dubai
Palm Jumeirah, Nakheel’s flagship project, is the world’s biggest artificial island, with a two-kilometer-long stem, a crown of 17 fronds, and a ring of crescents. Frond K is a magnificent beach home villa that has been created solely on the Palm’s most coveted VIP Frond. The ground level is open-concept, with a formal parlor, dining room, kitchen, maid’s and driver’s quarters, and a double garage. The upper floor has five large en-suite bedrooms. Four of the bedrooms face the sea and have own balconies, making it the only flagship villa with four sea view bedrooms. This unique home also has seven bathrooms, a private beach and pool, as well as a private garden and BBQ area.
Lanson Place, Waterfront Suites, Hong Kong, China
Indulge in one of Hong Kong‘s most desirable by-the-sea opulent lifestyles. Lanson Place Waterfront Suites offers a luxurious living environment. Each apartment has a stunning sea view and a balcony that connects the outside to the interior. High ceilings (2.9 metres) and custom-made wood-rich fixtures produce a simple tonal palette and a unique yet high design. Lanson Place Waterfront Suites is your new home away from home on Hong Kong Island, offering unsurpassed comfort. Concierge service, Gym’brary, lounge, wellness pool, and Yoga’rden are among the amenities.
Al Bandar Marina, Yas Island, Abu Dhabi
Al Bandar Marina is a lovely community-based marina located in the heart of Abu Dhabi‘s gorgeous Al Raha Beach development. Al Bandar, a 15-minute drive from Abu Dhabi city, comprises modern apartments and duplexes, loft-style residences, and larger family apartments, with this marina offering more than 130 berths up to 24 metres for residents and visiting yachts of all types, with easy access to Abu Dhabi’s stunning waterways. Al Bandar Marina offers a wide choice of lifestyle amenities, restaurants and fitness clubs, water sports and charter cruises across the canals, as well as 24-hour dock service.
Como, Lombardy, Italy
Como – the Villa Olmo district in northern Italy, near Milan, provides a magnificent three-bedroom apartment with a private garden and spacious terraces overlooking the lake and the city. An entry hall, a huge open space living area with a fireplace and dining room, an eat-in kitchen, a hallway, three double bedrooms, and two bathrooms form the apartment. On the front side, the terrace and garden provide unimpeded panoramic views, while a huge patio and green space at the back of the home provide seclusion. The basement contains a huge space connected to the living room by an internal stairway that may be utilized as an exercise area or study. There is also a double garage with parking places.
Prata Riverside Village, Lisbon, Portugal
Prata Riverside Village is an award-winning complex built by world-renowned architect and Pritzker Prize winner Renzo Piano, who was inspired by the sails of ships that crossed the Tagus River. Prata Riverfront Village, located on the banks of the Tagus River between ancient Alfama and affluent Parque das Naçes, is a modern and stylish neighbourhood in central Lisbon, surrounded by restaurants, local stores, innovative art centers, and a stunning riverside promenade. This urban village features studios to four-bedroom apartments with over 200 square meters, all with own parking and designed with cutting-edge finishes and amenities.
Sands Residences, Manila Bay, Philippines
Sands Residences is a premier project of the SMDC, one of the country’s top real estate developers with almost 45 years of experience. It is a single-tower high-rise construction on Roxas Boulevard in Manila, with 2,367 residential apartments available in studio, one-bedroom, and two-bedroom layouts. The apartments offer large living and dining rooms, a well-designed kitchen, and balconies or private gardens. Crystal clear lap pool, kiddie pool, jacuzzi, yoga deck, health center, entertainment room and function room, and gaming rooms are among the amenities.
Vue Aston, Phnom Penh, Cambodia
Vue Aston is a newly launched condominium on Norea Island created by the world’s leading design firm HKS, which also developed Las Vegas City Centre, Atlantis Dubai, and The Venetian Macao. The development has five distinct unit types ranging in size from 39.69 to 91.42 square metres: studio, one-bedroom, two-bedroom, three-bedroom, and four-bedroom. An infinity pool, a sky bar, a gym, a sauna and spa, a V-club, lobby spaces, parking places, restaurants and convenience stores, concierge services, lounges, a library, a private cinema, and housekeeping services are among the amenities.
Masteri Waterfront, Ocean Park, Vietnam
The Masteri Waterfront is a high-end property located in the center of Ocean Park. Enjoy spectacular lake views from your balcony and the luxury of waterfront living with unique private facilities accessible within each tower. The property is located in the most exclusive area of the Vinhomes Ocean Park project, which encompasses over 400 hectares. It is also adjacent to the center area for adequate amenities and bordered by main routes to key regions in the region.