Property prices in Monaco are the highest in the world. Reached Rp 499 million per square meter.
According to Knight Frank stated that Jakarta - Indonesia as the number one city in the world with a luxury property price growth of 38.1 percent. The growth is among the highest compared to other world-class city city such as Hong Kong, Singapore, Miami, London, Tokyo and New York. But according to Global Property Guide research, Jakarta is not included in the list of cities with the highest property prices in the world.
Here is a list of the cities with the highest property prices in the world according to the results of research by the Global Property Guide as follows:
1. Monaco
in Monaco property prices recorded the highest value of Rp 499 million or approximately 0.5 billion dollars per square meter. By world elites Monaco became the target for the country to easily invest. Such as the lack of ease of rental property taxes, local government policies very pro-landlord, its strong and diverse economy.
2. London,
England's capital city gives leeway leeway as transaction charge very low property taxes and a friendly and certainly not burdensome. The reason that triggered the property prices in the city of London to be very high to reach Rp 192.3 million per square meter.
3. Hong Kong
In Hong Kong city deals are very Pro system with the developer, the city has a strong economy, transaction costs for consumers and developers are also relatively low, so do not be surprised if it became the target of many actors investment. As a result property prices in Hong Kong to a high of about USD 181.2 million per square meter.
4. Paris - French
Property prices in Paris, including a high of USD 169.5 million per square meter. This is because it is supported by a policy that offers investment climate that is friendly to the market. Rent tax effective and offer benefits (Yield) high returns as the main factors that drive property prices higher in the region.
5. Singapore
Singapore has a strong and stable economy and low transaction taxes spur growth of foreign buyers in the region.Property prices in Singapore amounted to USD 156.9 million per square meter.
6. Moscow
Along with the tremendous economic growth resulted in property prices in the Moscow region reached USD 130 million per square meter.
7. Tokyo
Tokyo into an investment option because the pro-landlord policies, lower transaction costs, the strength of the rental market, as well as political stability in the long term. So that property prices in Tokyo reached Rp 130 million per square meter.
8. New York - United States
the highest property prices in the U.S. represented only by the city of New York with property prices reaching Rp 126 million per square meter. The main reason is the city of New York offers economic and political stability are good. Tax rates are low and competitive.
9. Mumbai
Property prices in Mumbai approximately USD 121.2 million per square meter because it is supported by the City that offer high returns and rapid economic growth.
10 Geneva - Switzerland
Property Prices in Geneva at Rp 112.4 million per square meter. The reason is that a stable economic and political, tend to cool and calm, and low transaction taxes affect the rate of price growth.
Here are the most expensive property prices in the world, may be useful and can be a consideration for those of you who want to invest in the countries mentioned above.
Sources:
www.globalpropertyguide.com
www.htysite.com
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