When it comes to housing, I think Asians just prefer “new” and “big” if they can get it. And having an existing Asian population (and infrastructure) already there and good colleges nearby doesn’t hurt.
I don’t think they care whether its on or near the ocean or not. Consider the inland heavily polluted and unzoned h@ll (mixed with comm’l and mfg) that they’re coming from. Anyplace looks and smells better than that … and having the oppty to purchase *new* housing is a bonus!