Sydney Is The Leader With Increase In Prices of Billionaire Property
According to the report of company Savills, Australia's largest city Sydney has become a leader among the world's financial centers to appreciation of billionaire property - property prices grew by 40 percent for the first half of 2011.
According to company's experts, Hong-Kong, Tokyo, Paris, London, Moscow, New York, Shanghai, Singapore, Mumbai and Sydney are the world's financial centers and the most popular cities to invest in billionaire property. That's why the value of this segment of housing in these cities is growing.
The prices of billionaire property also increase in Paris (by 23 percent for the first half of 2011), in Singapore (16 percent for the first half of 2011), in Hong-Kong (10 percent for the first half of 2011 ) and in Mumbai (7 percent for the first half of 2011 ).
At the same time the highest prices of billionaire property registered in Hong-Kong. The price of billionaire property in Hong Kong is about US$ 113 thousand per square meter. This figure is higher than in Tokyo (US$ 87 thousand per square meter), in Paris (US$ 55 thousand per square meter) and in London (US$ 50 thousand per square meter).
The prices of billionaire property also increase in Paris (by 23 percent for the first half of 2011), in Singapore (16 percent for the first half of 2011), in Hong-Kong (10 percent for the first half of 2011 ) and in Mumbai (7 percent for the first half of 2011 ).
At the same time the highest prices of billionaire property registered in Hong-Kong. The price of billionaire property in Hong Kong is about US$ 113 thousand per square meter. This figure is higher than in Tokyo (US$ 87 thousand per square meter), in Paris (US$ 55 thousand per square meter) and in London (US$ 50 thousand per square meter).
