Skip to main content
Part of complete coverage on

Where are the world's most expensive luxury properties?

By Eoghan Macguire, for CNN
December 12, 2013 -- Updated 0410 GMT (1210 HKT)
In the rich man's world of diversified asset portfolios and international investment opportunities, luxury property in the right market equals hot property. <!-- -->
</br><!-- -->
</br>But where do speculating millionaires and billionaires get the most bang for their buck? Is it in the suave sophistication of New York City, the ornate splendor of London's townhouses or the ultramodern apartments of central Shanghai? <!-- -->
</br><!-- -->
</br>We've compiled the following list using data gleaned from the Knight Frank Wealth Report 2013 to show the most valuable locations for luxury properties. In the rich man's world of diversified asset portfolios and international investment opportunities, luxury property in the right market equals hot property.

But where do speculating millionaires and billionaires get the most bang for their buck? Is it in the suave sophistication of New York City, the ornate splendor of London's townhouses or the ultramodern apartments of central Shanghai?

We've compiled the following list using data gleaned from the Knight Frank Wealth Report 2013 to show the most valuable locations for luxury properties.
HIDE CAPTION
Locations for luxury
Monaco
Hong Kong
London
Geneva
Paris
Singapore
Moscow
New York
Sydney
Shanghai
<<
<
1
2
3
4
5
6
7
8
9
10
11
>
>>
STORY HIGHLIGHTS
  • Monaco ranks first as most expensive per square meter
  • Ranking taken from Knight Frank Wealth Report 2013
  • Three Asian cities make the top ten for most expensive luxury properties

Editor's note: One Square Meter explores the leading architectural designs, city plans and demand for property investment in emerging markets. Join CNN's John Defterios as he visits some of the world's most dynamic cities for an insight into the fast-paced world of real estate development.
From December 17, watch the show on CNN every Tuesday during Global Exchange.

(CNN) -- In the rich man's world of diversified asset portfolios and international investment opportunities, luxury property in the right market equals hot property.

But where do speculating millionaires and billionaires get the most bang for their buck? Is it in the suave sophistication of New York City, the ornate splendor of London's townhouses or the ultramodern apartments of central Shanghai?

We've compiled the following list using data gleaned from the Knight Frank Wealth Report 2013 to show the most valuable locations for luxury properties.

ADVERTISEMENT
Part of complete coverage on
December 15, 2014 -- Updated 0404 GMT (1204 HKT)
An artists impression of a Shinzu Corp structure on surface level.
What would happen if the legend of the Lost City of Atlantis was crossed with the screenplay of Kevin Costner's 1995 hit movie "Waterworld"?
December 4, 2014 -- Updated 0439 GMT (1239 HKT)
An development off the coast of Singapore is set to be the world's largest eco-resort.
December 1, 2014 -- Updated 0954 GMT (1754 HKT)
2014 has been a big year for towering new skyscrapers, but next year will be bigger.
November 21, 2014 -- Updated 0218 GMT (1018 HKT)
Viticulture meets real estate development in the Dominican Republic.
November 14, 2014 -- Updated 0202 GMT (1002 HKT)
It's the latest landmark on Singapore's already busy skyline.
October 24, 2014 -- Updated 1638 GMT (0038 HKT)
The city has found a novel way to revive depressed neighborhoods.
October 21, 2014 -- Updated 1433 GMT (2233 HKT)
CNN's John Defterios explores how Japan is transforming abandoned factories into soil-less hydroponic vegetable farms.
October 2, 2014 -- Updated 0308 GMT (1108 HKT)
Brazil might be viewed as booming emerging market, but with growth has come problems.
September 30, 2014 -- Updated 1352 GMT (2152 HKT)
CNN's John Defterios explores how the company is re-designing its headquarters in Munich, Germany.
September 19, 2014 -- Updated 0321 GMT (1121 HKT)
A new kind of location service could change the way we look at the world.
September 5, 2014 -- Updated 0258 GMT (1058 HKT)
It's the townhouse that twists like a Rubik's cube, to bask in the summer sun and shield itself when winter bites.
August 20, 2014 -- Updated 1438 GMT (2238 HKT)
Could you fit your life into 300 square feet? Developers are betting on it, with new, tiny living spaces for urban millennials.
ADVERTISEMENT