When it comes to describing something that is in high demand or highly sought after, there are a number of synonyms for the phrase "hot property". Some common alternatives include "hot commodity", "coveted asset", "in-demand item", "highly desirable property", and "popular choice". Other phrases that can convey a similar meaning include "must-have product", "prime real estate", "hot ticket item", and "most-wanted possession". These phrases can be used in a variety of contexts, from describing the latest tech gadget or fashion accessory to discussing the hottest real estate markets or investment opportunities. Whatever the subject, these synonyms all convey a sense of intense interest and demand.