The Most Expensive Property To Buy, These Are The 10 Most Expensive Cities In The World

Property demand is in every city in the world. People have always valued a place to buy a home, but there are some cities in the world where buying a property is not easy. The Knight Frank Wealth Report has selected the top-10 cities in the world where property prices are the highest. According to the report, Monaco, a small town between Italy and France, has the highest property prices. Knight Frank estimates property prices in these cities at 1 million (approximately Rs 6.2 crore). Here are the top 10 cities in the world where property prices are the highest.

1. Monaco

In terms of property, Monaco is the second smallest country in the European continent, located between France and Italy. Monte Carlo is in the same country. The main language here is French. Property prices here are among the highest in the world. Only 17 square meters of property can be purchased here for a million dollars.

2. Hong Kong

Hong Kong is a special official region of China, whose main language is Chinese. Hong Kong is the second most expensive city in the world, where property is very expensive. Compared to other countries, 20 square meters of property can be bought here for 1 million.

3. London

London is the capital of England and the most populous city in the UK. London is considered to be the most expensive city in the world. The city is also considered the most expensive city in terms of property, according to a report by Knight Frank last year. 21 square meters of property can be purchased here for 1 million.

4. New York

New York is the 27th most expensive city in the United States, the fourth most populous city, and the seventh most densely populated city. But in terms of property, it is the fourth most expensive city in the world. 34 square meters of property can be purchased here for 1 million.

5. Singapore

Singapore is one of the most important commercial hubs in the world. It is the fourth largest financial center and the fifth busiest port. 39 square feet of property can be purchased here for 1 million, depending on the value of the property.

6. Geneva

Geneva is the most populous city in Switzerland, with French being the main language. Geneva ranks sixth in terms of property. 39 square meters of property can be purchased here for 1 million.

7. Sydney

This is the largest and oldest city in Australia. Sydney is also known as the hub of education. But the value of the property is also very high here. The city is the 7th most expensive property in the world. Here 41 square meters of property can be purchased for 1 million.

8. Shanghai

Shanghai is the largest Chinese city in the world. As of 2013, it had a population of 24 million. When it comes to property, it is the eighth city in the world where property prices are the highest. The 48-square-meter property can be purchased here for 1 million.

9. Paris

Paris is the capital of France and the most populous city. Paris is the 9th most expensive property in the world. A 50 square meter property can be purchased here for 1 million.

10. Los Angeles

This is the second largest city in America. It is also the most populous city in California. It is the 10th most expensive city in the world in terms of property prices. Here 57 square meters of property can be purchased for 1 million.