{"id":106003,"date":"2019-04-12T13:27:00","date_gmt":"2019-04-12T06:27:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tops-the-worlds-most-expensive-cities-for-owning-homes-in-cbre-study-of-35-urban-centres\/"},"modified":"2019-04-12T15:04:10","modified_gmt":"2019-04-12T08:04:10","slug":"hong-kong-tops-the-worlds-most-expensive-cities-for-owning-homes-in-cbre-study-of-35-urban-centres","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tops-the-worlds-most-expensive-cities-for-owning-homes-in-cbre-study-of-35-urban-centres\/","title":{"rendered":"Hong Kong tops the world\u2019s most expensive cities for owning homes in CBRE study of 35 urban centres"},"content":{"rendered":"


\nHong Kong was the world\u2019s most expensive urban centre to buy a home in, with the average residential property costing 40 per cent more than second-placed city Singapore, according to a survey of 35 cities around the world by real estate consultant CBRE.The average cost of owning a home rose 5.5 per cent last year to HK$9.4 million (US$1.2 million), which translates to US$2,091 per square foot for a typical abode measuring 574 square feet (53 square metres), CBRE said.The survey findings\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong tops the world\u2019s most expensive cities for owning homes in CBRE study of 35 urban centres<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong was the world\u2019s most expensive urban centre to buy a home in, with...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106003","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rzJ","jetpack-related-posts":[{"id":116990,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/protest-wracked-hong-kong-still-worlds-priciest-housing-market-in-2019-as-asian-cities-dominate-top-five-says-cbre-survey\/","url_meta":{"origin":106003,"position":0},"title":"Protest-wracked Hong Kong still world\u2019s priciest housing market in 2019 as Asian cities dominate top five, says CBRE survey","date":"June 9, 2020","format":false,"excerpt":"\r Four of the world\u2019s five most expensive housing markets were in Asia last year, with Hong Kong maintaining its crown as the priciest with an average price of US$1.25 million, according to a report by property consultancy CBRE.Whether Hong Kong can hold on to the spot is uncertain, with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parking-is-prime-in-hong-kong-property-market\/","url_meta":{"origin":106003,"position":1},"title":"Parking is prime in Hong Kong property market","date":"May 18, 2017","format":false,"excerpt":"\r The most expensive plot of land ever sold in Hong Kong is a public car park squeezed between Cheung Kong Center and Hutchison House, two major flagship buildings owned by the city's richest man Li Ka-shing.The HK$23.3 billion (Dh10.99bn) site at Murray Road, in the heart of Hong Kong's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-still-worlds-2nd-most-expensive-housing-market\/","url_meta":{"origin":106003,"position":2},"title":"Singapore still world\u2019s 2nd most expensive housing market","date":"April 12, 2019","format":false,"excerpt":"\r This comes despite the government\u2019s introduction of new cooling measures last year which saw property price growth drop a little. Singapore has once again emerged as the world\u2019s second most expensive residential property market behind Hong Kong, revealed a CBRE report which compared private residential properties across 35 key\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-is-most-expensive-city-in-asia-for-expatriates-to-rent-a-high-end-apartment\/","url_meta":{"origin":106003,"position":3},"title":"Hong Kong is most expensive city in Asia for expatriates to rent a high-end apartment","date":"January 24, 2017","format":false,"excerpt":"\r Hong Kong has ranked as the most expensive location in Asia for expatriates to lease a high-end apartments for the fifth year running, despite the city\u2019s rents having fallen by about 13 per cent since 2012, according to a survey by ECA International. The survey comes a day after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-hong-kong-office-rents-are-most-expensive-globally-for-fourth-straight-year-cbre-says\/","url_meta":{"origin":106003,"position":4},"title":"Prime Hong Kong office rents are most expensive globally for fourth straight year, CBRE says","date":"June 25, 2019","format":false,"excerpt":"\r Prime office rents in Hong Kong\u2019s Central district are the most expensive globally for a fourth straight year, with growth in rents across Asia doubling year on year, US commercial real estate services and investment firm CBRE said in a report on Tuesday.Currently, six of the 10 most expensive\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157705,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1-in-388-hong-kong-homeowners-has-a-net-worth-of-more-than-us30-million\/","url_meta":{"origin":106003,"position":5},"title":"1 in 388 Hong Kong homeowners has a net worth of more than US$30 million","date":"July 16, 2025","format":false,"excerpt":"\r One in 388 homeowners in Hong Kong has a net worth of more than US$30 million, making the city No 3 in terms of ultra-wealthy residents among urban centres outside the US, according to a study released on Wednesday by Altrata. Overall, Hong Kong also had the third highest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106003"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=106003"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106003\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}