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S'pore luxury properties 13th most expensive globally

Asia One
S'pore luxury properties 13th most expensive globally - luxury property - Singapore


SINGAPORE - Singapore has been ranked 13th on a list of the most expensive luxury property markets in the world.



According to The Wealth Report 2012, compiled by Knight Frank, the Republic's prime residential property can fetch US$25,600 (S$32,075) per sqm (or $3,007 per sq ft).

Hong Kong houses came in at fourth place with an average price of US$47,500 per sqm, while its apartments were ranked 10th, with an average price of US$28,300 per sqm.



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