This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

Top Cities For Billionaire Properties Identified

First name: 


Last name: 


Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category


United Kingdom  Singapore  Mumbai  Shanghai  Real Estate Investment  Tokyo  Property Billionaires  London  New York  Sydney  Paris  Moscow  Yolande Barnes  residential real estate  real estate sectors 

Top Cities For Billionaire Properties Identified

By - Thursday 06 October 2011

A new report by Savills has highlighted ten global cities that are attracting real estate investment from some of the world's most wealthy people.

Hong Kong, Moscow, London, Paris, New York, Sydney, Mumbai, Shanghai, Singapore and Tokyo have made the list, with director of residential research Yolande Barnes explaining that the top-end of the property market in these locations will not follow the performance of domestic real estate sectors, but will instead be governed by the number of ultra-wealthy people they attract and the wider global economic climate.

"Billionaire buyers demand the best international standards of accommodation and are paying prices to match, creating a super class of global billionaire homes," she stated. Hong Kong is at the top of the table in terms of value, with properties commanding GBP 6,700 per sq ft in the city. Meanwhile, Singapore has seen the greatest price growth, recording rises of 144 per cent in the five years to the end of 2010.

Savills noted that London super prime properties are worth considerably less than their counterparts in Hong Kong, with values currently standing at GBP 3,070 per sq ft. This is despite the UK capital seeing residential real estate prices rises, with Knight Frank recently reporting that London dwellings jumped in value by 11.4 per cent in September, compared to the same month in 2010.

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here


Visit Our Investment Terms Glossary



*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.

«« Back to IPIN Live

Follow IPIN Global

Latest Content

Recent Comments

Powered by Disqus