Thinking of buying a home in any of these cities? You’ll need pots & pots of money!
Some of these places may look small. Or quiet. Don’t let that fool you! Property prices are sky-high as per Henley Global & New World Wealth 2024 stats, making them the world's most expensive cities by real estate rate.
Leading the charge is Monaco, the tiny 2 sq km French Riviera nation looking out to azure Mediterranean waters. Homes here easily top $ 38,800 per sq m.
New York has consistently had spendy residential areas -- TriBeCa, Central Park, SoHo, Upper West Side. Property prices average around $27,500 per sq m. Also the most active high-end housing markets.
In this booming 1,114-sq km metropolis of towering skyscrapers, that includes Kowloon, New Territories, despite political shifts, property prices have always soared -- in 2024 $26,300 per sq m.
To have any address in gorgeous London is a heck of a privilege. Prime areas homes easily fetch over $24,000 per sq m. Hampstead, Kensington, Chelsea, Knightsbridge, Mayfair, Belgravia are some of the tony areas.
Sitting on a narrow stretch of land on the Cote d'Azur, France, bordered by the coastal towns of Villefranche-sur-Mer and Beaulieu-sur-Mer, owning a home here is upwards of $21,200 per sq m.
Place Vendome, the 1st, 6th (Saint Germain des Prés), 7th, 8th, 16th arrondissement are some of the fanciest districts of romantic, elegant Paris. The price tag: More than $20,400 per sq m.
On Australia’s east coast, property has zoomed too. Buyers can expect to pay more than $ 19,500 for every sq m in localities like Point Piper, Wolseley Road, Bellevue Hill, Vaucluse, Darling Point.
The Florida waterfront county has always been known for its cavernous mansions, wealthy residents (some more obnoxious than others) and luxury lifestyle. Of course, homes don’t come cheap -- beyond $18,000 per sq m.
About 77 miles south of Palm Beach, property purchased at Miami Beach, a very upmarket enclave of the lively resort city of Miami, famed for its nightlife, beaches, Art Deco charm, goes for over $17,800 per sq m.
Sprawling across roughly 469 sq miles in Southern California, LA has grand pockets of pricey palm-lined, Pacific ocean-kissed real estate -- Malibu, Beverly Hills, Pacific Palisades, Bel Air. Prices often climb way above $17,500 per sq m.