Where Data Tells the Story
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The amount of prime real estate you can buy for $1M USD in major cities worldwide.
This data comes from Knight Frank, which defines prime real estate as “the most desirable property in a given location, generally defined as the top 5% of each market by value.“
As expected, geographically constricted cities (e.g. Monaco, Hong Kong, Singapore) are incredibly expensive. While this is partly due to limited supply, Knight Frank also notes that prime markets often have a significant international bias in terms of buyer profile.