{"id":124761,"date":"2022-03-01T07:30:19","date_gmt":"2022-03-01T00:30:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rich-and-under-40-growing-rank-of-multimillionaires-bodes-well-for-digital-ownership-of-property-knight-frank-report-says\/"},"modified":"2022-03-01T08:05:00","modified_gmt":"2022-03-01T01:05:00","slug":"rich-and-under-40-growing-rank-of-multimillionaires-bodes-well-for-digital-ownership-of-property-knight-frank-report-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rich-and-under-40-growing-rank-of-multimillionaires-bodes-well-for-digital-ownership-of-property-knight-frank-report-says\/","title":{"rendered":"Rich and under 40: growing rank of multimillionaires bodes well for digital ownership of property, Knight Frank report says"},"content":{"rendered":"


\nThe number of multimillionaires in Hong Kong expanded last year at a faster clip than the global average, a trend that is likely to support demand for tokenisation and digital ownership of property, according to a Knight Frank survey.The pool of so-called ultra high-net-worth individuals (UHNWIs) in the city grew 11 per cent to 7,593, of which 30 per cent were under 40, the property consultancy said in its Wealth Report published on Tuesday.Globally, the size increased by 9.3 per cent to 610\u2026
\n
\nSource : South China Morning Post
\nRead more…Rich and under 40: growing rank of multimillionaires bodes well for digital ownership of property, Knight Frank report says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The number of multimillionaires in Hong Kong expanded last year at a faster clip than...<\/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-124761","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-wsh","jetpack-related-posts":[{"id":72245,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/monaco-builds-into-the-med-to-house-new-throng-of-super-rich\/","url_meta":{"origin":124761,"position":0},"title":"Monaco builds into the Med to house new throng of super-rich","date":"November 19, 2017","format":false,"excerpt":"\r The tax haven has a luxury housing crisis \u2013 it doesn\u2019t have enough land for the 2,700 multimillionaires forecast to settle there over the next decadeConstruction has begun on a $2bn (\u00a31.5bn) scheme to reclaim land from the sea around Monaco so that more luxury apartments can be built\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137384,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/30m-auckland-supermarket-sale-two-multimillionaires-exit-via-colliers\/","url_meta":{"origin":124761,"position":1},"title":"$30m+ Auckland supermarket sale: Two multimillionaires exit via Colliers","date":"June 16, 2023","format":false,"excerpt":"\r A new 10-year lease gives the buyer a long-term income stream from the Australasian giant.\r \r Source : nzherald.co.nz\/Property\r Read more...m+ Auckland supermarket sale: Two multimillionaires exit via Colliers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8128,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-no-doubt-malaysians-still-love-investing-in-real-estate\/","url_meta":{"origin":124761,"position":2},"title":"There\u2019s no doubt \u2013 Malaysians still love investing in real estate","date":"March 16, 2016","format":false,"excerpt":"\r \u201cProperty has consistently outperformed many other asset classes in Malaysia\u201d Kuala Lumpur (Image credit: Traveltamed.com) Despite a massive drop in real estate investments in Malaysia, it has been revealed that investors in the country still prefer to put their money in the property sector. \u201cYear after year, Malaysians continue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100743,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-the-worlds-hottest-luxury-property-market-while-vancouver-ranks-worst-says-knight-frank-global-index\/","url_meta":{"origin":124761,"position":3},"title":"Singapore the world\u2019s hottest luxury property market, while Vancouver ranks worst, says Knight Frank global index","date":"October 31, 2018","format":false,"excerpt":"\r Singapore\u2019s luxury home prices have surged to become the world\u2019s fastest appreciating market globally, overtaking Hong Kong where price growth has cooled such that it no longer ranks in the top dozen cities by price momentum, according to Knight Frank LLP. Hong Kong\u2019s luxury home prices rose 5.5 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46069,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-a-magnet-for-the-worlds-wealthy-says-knight-frank\/","url_meta":{"origin":124761,"position":4},"title":"Dubai a magnet for the world's wealthy, says Knight Frank","date":"March 2, 2017","format":false,"excerpt":"\r Knight Frank's 2017 Wealth Report has ranked Dubai fourth in the world on its list of cities with the biggest inflow of high net-worth individuals (HNWIs). 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