With real estate prices reaching a peak in the present times, it comes as no surprise that for property in cities like Hong Kong, New York and London, one has to be ready to dish out anything between $4,000 to $11,000 per square foot.
It has been found that to own a property in Hong Kong, one has to pay over $11,000 per square foot and it has been found to be the highest pricing among all other cities closely followed by Tokyo priced at $7,600 per square feet. Which means that to own a luxury home in Hong Kong at the average property size of 5,200 sq.ft,you have got to dish out a minimum of $57 million.
