Knight Frank's 2023 World's Top 10 Prime Markets Index (for sale, apartments)

[Orionsdolph]

Knight Frank's 2023 World's Top 10 Prime Markets Index



"Of the 100 prime property markets tracked by Knight Frank, 85 recorded positive or flat price growth in 2022. Dubai led the pack with a staggering 44.2% annual growth rate, boosted by its visa incentives that have attracted many ultra-high-net-worth buyers, Knight Frank said.

Other prime markets that saw surging home prices included Aspen, with a 27.6% increase year over year; Riyadh, capital city of Saudi Arabia, with a 25% annual growth rate; Tokyo, with 22.8%; and Miami, with 21.6%."




Number of sales at US$25 million or more in 2022


1) New York ------------------ 43

1) London --------------------- 43

3) Los Angeles ---------------- 39

4) Hong Kong ----------------- 28

5) Miami ----------------------- 23

6) Palm Beach ---------------- 18

6) Singapore ------------------ 18

8) Geneva --------------------- 16

9) Sydney ---------------------- 7

10) Paris ------------------------ 6





Number of sales at US$10 million or more in 2022


1) New York ------------------- 244

2) Los Angeles ---------------- 225

3) London --------------------- 223

4) Miami ---------------------- 146

5) Hong Kong ----------------- 125

6) Singapore ------------------ 121

7) Palm Beach ---------------- 117

8) Sydney ---------------------- 99

9) Geneva ---------------------- 69

10) Paris ------------------------ 23




https://www.mansionglobal.com/articl..._markets_miami

[Brave New World]

The most expensive house currently for sale in London is The Holme in Regent's Park, which has an asking price of £250 million (over $300 million USD), which is even more than 2–8a Rutland Gate which sold for £210m in 2020. These two properties are just the most expensive that have recently been up for sale, and there are other private houses (and apartments) in London and it's subburbs that are just as, if not more impressive.

The Holme – The World’s Most Expensive Mansion -Oddity Central (March 2023)

Yours for £250m (pedalo not included): How Britain's most desirable residence - once deemed too ugly for Regent's Park - is now being circled by billionaires - Daily Mail (March 2023)

Regent’s Park mega mansion becomes Britain’s most expensive house to go up for sale at £250 million - Evening Standard (March 2023)

[Pueblofuerte]

That's nuts! For comparison, the most expensive residential property in Colombia is £5.5 million and that includes nearly 14 acres of land with stables and a 7,535 sq ft. home just outside Medellin.

For £1.5 million you can get this 17th century house with a pool in the courtyard + pool on the terrace in one of the most historically well preserved cities in the world and UNESCO world heritage by the Caribbean Sea. That's how much my old 3-bed semi ex-council house is in London's zone 2.

https://properties.lefigaro.com/announces/house-real+estate-bolivar-col/52406128/

[Pueblofuerte]

Actually I'm surprised how cheap things can be outside London. I mean this is supposedly Birmingham's most expensive house, only £2.25 million. And to think Birmingham is going to be less than an hour away from central London soon.

https://www.birminghammail.co.uk/news/midlands-news/birminghams-most-expensive-house-giant-24637430

[Brave New World]

Originally Posted by Pueblofuerte

Actually I'm surprised how cheap things can be outside London. I mean this is supposedly Birmingham's most expensive house, only £2.25 million. And to think Birmingham is going to be less than an hour away from central London soon.

https://www.birminghammail.co.uk/news/midlands-news/birminghams-most-expensive-house-giant-24637430

I think there was one in wealthy Solihull up for sale, for around £7 million, a couple of years ago, whilst most cities have their rich enclaves or suburbs.

Inside most expensive home for sale in West Midlands - a £7m 'taste of paradise' - Birmingham Mail (November 2022)

However parts of London are in a different league, along with NYC, Paris and other such global cities, and it has billionaires rows rather than millionaires row.

Btw - that a beautiful house in Colombia, which looks like a fantastic country in your many pics and posts.

[masssachoicetts]

I walked by that exact building in NYC last week. Its pretty disgusting because people are walking out and about going back to their 10-45 million+ apartments, whereas, there are just as many (if not more) homeless people at the bottom on the sidewalks. Truly sad. This is why I think of NYC in such a sour regard. LA, Seattle, SF too.

If that is how we measure luxury, then I guess... I want absolutely 0 part of that.

[Orionsdolph]