{"id":117616,"date":"2020-07-07T06:30:19","date_gmt":"2020-07-06T23:30:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/glitz-and-glamour-of-monacos-luxury-property-outshines-dizzying-prices-in-hong-kong-and-new-york-markets\/"},"modified":"2020-07-07T07:03:32","modified_gmt":"2020-07-07T00:03:32","slug":"glitz-and-glamour-of-monacos-luxury-property-outshines-dizzying-prices-in-hong-kong-and-new-york-markets","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/glitz-and-glamour-of-monacos-luxury-property-outshines-dizzying-prices-in-hong-kong-and-new-york-markets\/","title":{"rendered":"Glitz and glamour of Monaco\u2019s luxury property outshines dizzying prices in Hong Kong and New York markets"},"content":{"rendered":"


\nA combination of its small size and a friendly tax regime that attracts the world\u2019s wealthiest individuals to its shores has made the principality of Monaco the world\u2019s most expensive luxury property market, topping the likes of Hong Kong, New York, London and Paris, according to Savills.A home in the tiny kingdom on the Mediterranean Sea cost an average 48,150 euros (US$54,010) per square metre as of the end of 2019, or 7.7 per cent higher than in Hong Kong and almost double the level in New\u2026
\n
\nSource : South China Morning Post
\nRead more…Glitz and glamour of Monaco\u2019s luxury property outshines dizzying prices in Hong Kong and New York markets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A combination of its small size and a friendly tax regime that attracts the world\u2019s...<\/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-117616","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-uB2","jetpack-related-posts":[{"id":72285,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/monacos-hong-kong-style-plan-to-reclaim-the-mediterranean-to-house-the-worlds-super-rich\/","url_meta":{"origin":117616,"position":0},"title":"Monaco\u2019s Hong-Kong-style plan to reclaim the Mediterranean to house the world\u2019s super-rich","date":"November 20, 2017","format":false,"excerpt":"\r Construction has begun on a US$2billion scheme to reclaim land from the sea around Monaco so that more luxury apartments can be built for the thousands of extra millionaires expected to move to the principality in the next 10 years. Nearly 35 in every 100 Monaco residents are millionaires\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-stingy-nanny-abates-and-outshines-hong-kong-with-rental-relief-to-ease-retail-pain-during-coronavirus-pandemic\/","url_meta":{"origin":117616,"position":1},"title":"Singapore\u2019s \u2018stingy nanny\u2019 abates and outshines Hong Kong with rental relief to ease retail pain during coronavirus pandemic","date":"April 18, 2020","format":false,"excerpt":"\r Singapore was called a \u201cstingy nanny\u201d city state a decade ago, for a low welfare budget relative to its wealth as the world\u2019s third-richest country. That stinginess is changing, as Asian retailers confront their worst business slump in decades in a time of the coronavirus pandemic.Since the government unveiled\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37952,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-luxury-homes-get-smaller-while-prices-get-ever-greater\/","url_meta":{"origin":117616,"position":2},"title":"Shanghai luxury homes get smaller while prices get ever greater","date":"December 13, 2016","format":false,"excerpt":"\r Is Shanghai the new Hong Kong? Shanghai home values are among the world\u2019s fastest-growing. shanghainese\/Shutterstock What do you do when prevailing market prices of homes are skyrocketing at double-digit rates? You build them smaller, of course. Saddled with one of the hottest real estate markets in the world, property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111044,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-home-sales-soar-in-one-of-the-worlds-hottest-real-estate-markets-driven-by-demand-by-hong-kong-china-investors\/","url_meta":{"origin":117616,"position":3},"title":"Singapore\u2019s home sales soar in one of the world\u2019s hottest real estate markets, driven by demand by Hong Kong, China investors","date":"September 25, 2019","format":false,"excerpt":"\r Singapore sold more luxury homes to foreigners in three months ended June than any other quarter during the past 12 years, as Chinese and Hong Kong investors sought a safe haven to park their money amid the escalating US-China trade war and deteriorating public order in Hong Kong.\r\rUp to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138388,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubais-luxury-home-prices-rise-the-most-hong-kong-still-the-most-expensive-prime-residential-market-savills-says\/","url_meta":{"origin":117616,"position":4},"title":"Dubai\u2019s luxury home prices rise the most, Hong Kong still the most expensive prime residential market, Savills says","date":"July 19, 2023","format":false,"excerpt":"\r Dubai\u2019s luxury property prices rose the most among 30 cities in the first half of 2023, according to the latest study by Savills, and Hong Kong still has the world\u2019s most expensive prime residential property.\r \r Source : South China Morning Post\r Read more...Dubai\u2019s luxury home prices rise the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-real-estate-how-a-european-agent-won-us30-45-million-penthouse-listing\/","url_meta":{"origin":117616,"position":5},"title":"Hong Kong luxury real estate: how a European agent won US$30.45 million penthouse listing","date":"March 2, 2026","format":false,"excerpt":"\r Minna Honkanen could not have anticipated the seismic events that would grip Hong Kong after she decided to try her luck there in early 2019. Two months after she arrived, unprecedented social unrest engulfed the city, followed immediately by the coronavirus pandemic, which shut borders and restricted travel for\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\/117616"}],"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=117616"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117616\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}