REVEALED: 10 most expensive luxury property markets

Asian cities dominate rankings for most expensive premium real estate markets on the planet
11 Australia.jpg
1 of 10
10. Sydney
\nPrice per sqm: US$9,400
\nValue change 2005-2012: 66.4 percent
105939634.jpg
2 of 10
9. Mumbai
\nPrice per sqm: US$10,500
\nValue change 2005-2012: 175.8 percent
3 Singapore.jpg
3 of 10
8. Singapore
\nPrice per sqm: US$20,000
\nValue change 2005-2012: 231.8 percent
123031585_10.jpg
4 of 10
7. Shanghai
\nPrice per sqm: US$22,000
\nValue change 2005-2012: 33.6 percent
143600943.jpg
5 of 10
6. New York City
\nPrice per sqm: US$44,000
\nValue change 2005-2012: 47.4 percent
kremlin_moscow.jpg
6 of 10
5. Moscow
\nPrice per sqm: US$47,000
\nValue change 2005-2012: 138.9 percent
111825136.jpg
7 of 10
4. Paris
\nPrice per sqm: US$48,000
\nValue change 2005-2012: 59.2 percent
149143705.jpg
8 of 10
3. London
\nPrice per sqm: US$57,000
\nValue change 2005-2012: 107 percent
tokyo skytree2.JPG
9 of 10
2. Tokyo
\nPrice per sqm: US$82,000
\nValue change 2005-2012: 7.9 percent
82053497-Hong Kong.jpg
10 of 10
1. Hong Kong
\nPrice per sqm: US$11,800
\nValue change 2005-2012: 113.3 percent