10. Sydney, Australia – ,440 per sq ft
As of September 2003, the unemployment rate in Sydney was 5.3%. As of March 2008, Sydney has the highest median house price of any Australian capital city at 0890. Sydney is the largest city in Australia and Oceania, and the state capital of New South Wales, and is located on Australia’s south-east coast of the Tasman Sea. Approximately 4.5 million persons live in the Sydney metropolitan area. Inhabitants of the “Harbour City” are called Sydneysiders, and hail from many places around the world. Sydney is known as an international centre for commerce, arts, fashion, culture, entertainment, education and tourism. Sydney has hosted major international sporting events, including the 1938 British Empire Games, the 2000 Summer Olympics, the final match of the 2003 Rugby World Cup, as well as the 2008 World Youth Day. The main airport serving Sydney is Sydney Airport. -Wikipedia.org
9. Singapore – ,550 per sq ft
Singapore, officially the Republic of Singapore, is an island country off the southern tip of the Malay Peninsula, 137 kilometres (85 mi) north of the equator, south of the Malaysian state of Johor and north of Indonesia’s Riau Islands. Singapore is the world’s fourth leading financial centre, and its economy is often ranked among the world’s top ten most open, competitive and innovative. The country is also a highly cosmopolitan world city, with a key role in international trade and finance. Singapore is the fourth wealthiest country in the world in GDP (PPP) per capita terms, and twentieth wealthiest in terms of GDP (nominal) per capita. Despite Singapore’s relatively small physical size, the country has the world’s ninth largest foreign reserves. The Singapore Armed Forces are the most technologically advanced and well-equipped in the region. -Wikipedia.org
8. Rome, Italy – ,770 per sq ft
Rome is the capital of Italy and the country’s largest and most populated municipality (central area), with over 2.7 million residents in 1,285.3 km2 (496.3 sq mi). While the population of the urban area was estimated by Eurostat to have been 3.46 million in 2004, the metropolitan area of Rome was estimated by OECD to have had a population of 3.7 million no later than 2006. n 2007 Rome was the 11th-most-visited city in the world, 3rd most visited in the EU, and the most popular tourist attraction in Italy. The city is one of Europe’s and the world’s most successful city brands, both in terms of reputation and assets. -Wikipedia.org
7. Hong Kong, China – ,060 per sq ft
Hong Kong is one of the two special administrative regions of the People’s Republic of China; the other is Macau. Situated on China’s south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour. With land mass of 1,104 km2 (426 sq mi) and a population of seven million people, Hong Kong is one of the most densely populated areas in the world. Hong Kong’s population is 95% ethnic Chinese and 5% from other groups. Hong Kong’s Han majority originate mainly from Guangzhou and Taishan, both cities in neighbouring Guangdong province.
Hong Kong is one of the world’s leading financial centers. Its highly developed capitalist economy has been ranked the freest in the world by the Index of Economic Freedom for 15 consecutive years. It is an important centre for international finance and trade, with one of the greatest concentration of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development between the 1960s and 1990s. In addition, Hong Kong’s gross domestic product, between 1961 and 1997, has grown 180 times larger than the former while per capita GDP rose by 87 times. -Wikipedia.org
6. Tokyo, Japan – ,080 per sq ft
Tokyo, officially Tokyo Metropolis, is one of the 47 prefectures of Japan. It is located on the eastern side of the main island Honshū and includes the Izu Islands and Ogasawara Islands. Tokyo Metropolis was formed in 1943 from the merger of the former Tokyo Prefecture (Tokyo-fu) and the city of Tokyo. Tokyo is the capital and largest metropolitan area of Japan. It is the seat of the Japanese government and the Imperial Palace, and the home of the Japanese Imperial Family. okyo is one of the three world finance “command centers”, along with New York City and London. Tokyo has the largest metropolitan economy in the world. According to a study conducted by PricewaterhouseCoopers, the Tokyo urban area (35.2 million people) had a total GDP of US.479 trillion in 2008 (at purchasing power parity), which topped the list. As of 2008, 47 of the companies listed on the Global 500 are based in Tokyo, almost twice that of the second-placed city (Paris). -Wikipedia.org
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5. Paris, France – ,100 per sq ft
Paris is the capital and largest city of France. It is situated on the river Seine, in northern France, at the heart of the Île-de-France region (or Paris Region, French: Région parisienne). The city of Paris, within its administrative limits largely unchanged since 1860, has an estimated population of 2,203,817 (January 2006), but the Paris aire urbaine (or metropolitan area) has a population of 11,769,433 (January 2006), and is one of the most populated metropolitan areas in Europe. Paris is one of the engines of the global economy. In 2007 the GDP of the Paris Region as calculated by INSEE was US1.3 billion at market exchange rates. If it were a country, in 2007, the Paris Region would be the 17th largest economy in the world, with an economy nearly as large as that of the Netherlands. In 2009, an Internet survey did rate Paris as most expensive city for goods and services. -Wikipedia.org
4. Moscow, Russia – ,120 per sq ft
Due to the current economic situation, the price of real estate in Moscow continues to rise. Today, one could expect to pay US00 in average per square meter (11 sq ft) in the outskirts of the city or US,500–,000 per square meter in a prestigious district. The price sometimes may exceed US,000 per square meter in a flat. It costs about US00 per month to rent a 1-bedroom apartment and about US00 per month for a studio in the center of Moscow. A typical one-bedroom apartment is about thirty square meters (323 sq ft), a typical two-bedroom apartment is forty-five square meters (485 sq ft), and a typical three-bedroom apartment is seventy square meters (753 sq ft). Many cannot move out of their apartments, especially if a family lives in a two-room apartment originally granted by the state during the Soviet era. Some city residents have attempted to cope with the cost of living by renting their apartments while staying in dachas (country houses) outside the city. -Wikipedia.org
3. New York, USA – ,160 per sq ft New York is the most populous city in the United States, and the center of the New York metropolitan area, which is one of the most populous metropolitan areas in the world. A leading global city, New York exerts a powerful influence over global commerce, finance, media, culture, art, fashion, research, education, and entertainment. As host of the United Nations Headquarters, it is also an important center for international affairs.
The city is often referred to as New York City or the City of New York to distinguish it from the state of New York, of which it is a part. Real estate is a significant factor in the city of New York’s economy. In 2006 the total value of Manhattan property was 2.4 billion The Time Warner Center is the property with the highest-listed market value in the city, at .1 billion in 2006. The UK consulting firm Mercer, in a 2009 assessment “conducted to help governments and major companies place employees on international assignments”, ranked New York City 49th worldwide in quality of living; the survey factored in political stability, personal freedom, sanitation, crime, housing, the natural environment, recreation, banking facilities, availability of consumer goods, education, and public services including transportation. -Wikipedia.org
2. London, UK – ,670 per sq ft London is the capital of England and the United Kingdom (UK). It is Britain’s largest and most populous metropolitan area. A major settlement for two millennia, its history goes back to its founding by the Romans, who called it Londinium. London’s core, the ancient City of London, or the ‘square mile’ financial district, largely retains its mediaeval boundaries. Since at least the 19th century, the name “London” has also referred to the metropolis developed around this core. The bulk of this conurbation forms the London region and the Greater London administrative area, with its own elected mayor and assembly. London generates approximately 20% of the UK’s GDP (or 6 billion in 2005); while the economy of the London metropolitan area—the largest in Europe—generates approximately 30% of the UK’s GDP (or an estimated 9 billion in 2005). London is one of the pre-eminent financial centres of the world and vies with New York City as the most important location for international finance. -Wikipedia.org
1. Monaco – ,550 per sq ft Monaco, officially the Principality of Monaco, is a small sovereign city-state located in South Western Europe on the northern central coast of the Mediterranean Sea. It is surrounded on three sides by its neighbour, France, and its center is about 16 km (9.9 mi) from Italy. Its area is just under 2 km² with an estimated population of almost 33,000. Monaco levies no income tax on individuals. The absence of a personal income tax in the principality has attracted to it a considerable number of wealthy “tax refugee” residents from European countries who derive the majority of their income from activity outside Monaco; celebrities such as Formula One drivers attract most of the attention, but the vast majority of them are less well-known business people. -Wikipedia.org
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