{"id":1591,"date":"2018-12-14T05:23:37","date_gmt":"2018-12-14T05:23:37","guid":{"rendered":"http:\/\/pgawards.wpengine.com\/?p=1591"},"modified":"2021-06-04T14:10:05","modified_gmt":"2021-06-04T07:10:05","slug":"these-are-the-most-expensive-cities-in-asia-for-residential-property","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/","title":{"rendered":"These are the most expensive cities in Asia for residential property"},"content":{"rendered":"<p><strong>11 markets where you can expect to spend a lot for homes, according to Julius Baer<\/strong><\/p>\n<figure id=\"attachment_1592\" aria-describedby=\"caption-attachment-1592\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-1592\" src=\"http:\/\/pgawards.wpengine.com\/wp-content\/uploads\/2019\/02\/These-are-the-most-expensive-cities-in-Asia-for-residential-property.jpg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/02\/These-are-the-most-expensive-cities-in-Asia-for-residential-property.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/02\/These-are-the-most-expensive-cities-in-Asia-for-residential-property-300x200.jpg 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/02\/These-are-the-most-expensive-cities-in-Asia-for-residential-property-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-1592\" class=\"wp-caption-text\">Flats above a basketball court in Hong Kong. WJRVisuals\/Shutterstock<\/figcaption><\/figure>\n<p>Hong Kong once again is the most expensive city in which one can purchase a high-end residential property in Asia, according to the annual Wealth Report released last week by Julius Baer.<\/p>\n<p>High-end home prices in the city, last year&#8217;s chart-topper,\u00a0stand at USD54,307 per square metre, a growth of 5.26 percent over the past year.<\/p>\n<p>\u201cStrict capital controls and changes in tax rules have not deterred Chinese capital inflows. This, coupled with limited supply of luxury properties, led prices to rise,\u201d Julius Baer wrote in the report.<\/p>\n<p>However, the recent prime rate hike by major lenders should lead mortgage rates to rise, which would affect property market sentiment, it added. \u201cThe extent of the negative impact on home-buying sentiment would depend on the magnitude of future rate hikes.\u201d<\/p>\n<p>The cost of homes in Hong Kong puts it well above the second-most expensive city on the list, Tokyo, where prices have dropped 1.18 percent over the year to USD40,878 per square metre.<\/p>\n<p>Singapore is third most expensive city in Asia for buying homes,\u00a0fetching USD26,528 per square metre or an increase of 6.88 percent from 2017.<\/p>\n<p>Shanghai ranks fourth costliest, having grown its home prices by a speedy 19.03 percent over the past year to USD25,442 per square metre.<\/p>\n<p>The cost of a home in Taipei has\u00a0reached USD22,817 per square metre or an annual rise of 5.24 percent, making it fifth priciest city in Asia.<\/p>\n<p>Seoul, Mumbai, Bangkok, Jakarta, Manila, and Kuala Lumpur round out the top 11 in that order.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>11 markets where you can expect to spend a lot for homes, according to Julius Baer<\/p>\n","protected":false},"author":2,"featured_media":19856,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-report","news_country-asia","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>These are the most expensive cities in Asia for residential property | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"These are the most expensive cities in Asia for residential property | Asia Property Awards\" \/>\n<meta property=\"og:description\" content=\"11 markets where you can expect to spend a lot for homes, according to Julius Baer\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/\" \/>\n<meta property=\"og:site_name\" content=\"Asia Property Awards\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/asiapropertyawards\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-14T05:23:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-06-04T07:10:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/06\/These-are-the-most-expensive-cities-in-Asia-for-residential-property.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"WebDev\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:site\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"WebDev\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/\"},\"author\":{\"name\":\"WebDev\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/df932132512aaa13d63493c8c5bbce5c\"},\"headline\":\"These are the most expensive cities in Asia for residential property\",\"datePublished\":\"2018-12-14T05:23:37+00:00\",\"dateModified\":\"2021-06-04T07:10:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/\"},\"wordCount\":289,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/These-are-the-most-expensive-cities-in-Asia-for-residential-property.jpg\",\"articleSection\":[\"Property Report\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/\",\"name\":\"These are the most expensive cities in Asia for residential property | Asia Property Awards\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/These-are-the-most-expensive-cities-in-Asia-for-residential-property.jpg\",\"datePublished\":\"2018-12-14T05:23:37+00:00\",\"dateModified\":\"2021-06-04T07:10:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/These-are-the-most-expensive-cities-in-Asia-for-residential-property.jpg\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/These-are-the-most-expensive-cities-in-Asia-for-residential-property.jpg\",\"width\":1000,\"height\":667},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/these-are-the-most-expensive-cities-in-asia-for-residential-property\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"These are the most expensive cities in Asia for residential property\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"name\":\"Asia Property Awards\",\"description\":\"PropertyGuru Asia Property Awards\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\",\"name\":\"Asia Property Awards\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"width\":1920,\"height\":1080,\"caption\":\"Asia Property Awards\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/asiapropertyawards\",\"https:\\\/\\\/x.com\\\/AsiaPropAwards\",\"https:\\\/\\\/www.instagram.com\\\/asiapropertyawards\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/showcase\\\/asia-property-awards\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCCMEFMU-KW5dEKfb5dPTL9Q\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/df932132512aaa13d63493c8c5bbce5c\",\"name\":\"WebDev\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/author\\\/webdev\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"These are the most expensive cities in Asia for residential property | Asia Property Awards","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/","og_locale":"en_US","og_type":"article","og_title":"These are the most expensive cities in Asia for residential property | Asia Property Awards","og_description":"11 markets where you can expect to spend a lot for homes, according to Julius Baer","og_url":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/","og_site_name":"Asia Property Awards","article_publisher":"https:\/\/www.facebook.com\/asiapropertyawards","article_published_time":"2018-12-14T05:23:37+00:00","article_modified_time":"2021-06-04T07:10:05+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/06\/These-are-the-most-expensive-cities-in-Asia-for-residential-property.jpg","type":"image\/jpeg"}],"author":"WebDev","twitter_card":"summary_large_image","twitter_creator":"@AsiaPropAwards","twitter_site":"@AsiaPropAwards","twitter_misc":{"Written by":"WebDev","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/#article","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/"},"author":{"name":"WebDev","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/df932132512aaa13d63493c8c5bbce5c"},"headline":"These are the most expensive cities in Asia for residential property","datePublished":"2018-12-14T05:23:37+00:00","dateModified":"2021-06-04T07:10:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/"},"wordCount":289,"commentCount":0,"publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/06\/These-are-the-most-expensive-cities-in-Asia-for-residential-property.jpg","articleSection":["Property Report"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/","url":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/","name":"These are the most expensive cities in Asia for residential property | Asia Property Awards","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/#primaryimage"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/06\/These-are-the-most-expensive-cities-in-Asia-for-residential-property.jpg","datePublished":"2018-12-14T05:23:37+00:00","dateModified":"2021-06-04T07:10:05+00:00","breadcrumb":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/#primaryimage","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/06\/These-are-the-most-expensive-cities-in-Asia-for-residential-property.jpg","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/06\/These-are-the-most-expensive-cities-in-Asia-for-residential-property.jpg","width":1000,"height":667},{"@type":"BreadcrumbList","@id":"https:\/\/www.asiapropertyawards.com\/en\/these-are-the-most-expensive-cities-in-asia-for-residential-property\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.asiapropertyawards.com\/en\/"},{"@type":"ListItem","position":2,"name":"These are the most expensive cities in Asia for residential property"}]},{"@type":"WebSite","@id":"https:\/\/www.asiapropertyawards.com\/en\/#website","url":"https:\/\/www.asiapropertyawards.com\/en\/","name":"Asia Property Awards","description":"PropertyGuru Asia Property Awards","publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.asiapropertyawards.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization","name":"Asia Property Awards","url":"https:\/\/www.asiapropertyawards.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","width":1920,"height":1080,"caption":"Asia Property Awards"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/asiapropertyawards","https:\/\/x.com\/AsiaPropAwards","https:\/\/www.instagram.com\/asiapropertyawards\/","https:\/\/www.linkedin.com\/showcase\/asia-property-awards","https:\/\/www.youtube.com\/channel\/UCCMEFMU-KW5dEKfb5dPTL9Q"]},{"@type":"Person","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/df932132512aaa13d63493c8c5bbce5c","name":"WebDev","url":"https:\/\/www.asiapropertyawards.com\/en\/author\/webdev\/"}]}},"_links":{"self":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/1591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/comments?post=1591"}],"version-history":[{"count":0,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/1591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media\/19856"}],"wp:attachment":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media?parent=1591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/categories?post=1591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/tags?post=1591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}