Recently, a report released by the US commercial real estate agency CBRE CB Richard Ellis shows that half of the top ten cities with the highest residential prices in the world in 2019 are located in Asia, while Hong Kong, China is still The most expensive city in the world.
According to the report, the average residential price in Hong Kong is US$ 1,254,400 (approximately RMB 8.926 million), ranking first in the world in terms of the average residential price. The second and third cities are Munich, Germany and Singapore, with average prices of 1 million US dollars (approximately RMB 7.158 million yuan) and 915,600 US dollars (approximately RMB 65.152 million yuan).
The average price of residential suites in Shanghai, Shenzhen and Beijing in China is US$905,800 (approximately RMB 6,445,500) and US$780,900 (approximately RMB 5,578,100) ) And 7.635 million US dollars (approximately RMB 5.433 million yuan), once again ranked among the top ten in the world, ranking fourth, fifth and sixth.
The last four of the top ten are Vancouver, Canada, Los Angeles, Paris, and New York.
The CBRE report comprehensively compares and interprets the housing market data and development trends of 2019 in 39 key cities around the world. The survey results show that 31 of the 39 markets recorded an increase in residential prices, but the average increase was only about half of the level of the previous year. The report pointed out that the general slowdown in price growth also reflects to a certain extent that the property market has gradually stabilized after the implementation of various cooling measures, and the trend of excessively rapid housing price increases has been effectively suppressed.
From the perspective of the rental market, CBRE’s survey results show that New York, the United Arab Emirates, Abu Dhabi and Hong Kong are still the three cities with the highest monthly rents in the world. The average monthly rents are USD 2870 (approximately RMB 20422.31), USD 2838 (approximately RMB 20194.61) and USD 2682 (approximately RMB 19084.54). The cities with the fourth to tenth rents are Singapore and Los Angeles.Rocky, Dublin, Ireland, Jeddah, Saudi Arabia, Dubai, United Arab Emirates, London, United Kingdom, Riyadh, Saudi Arabia. Four of the top ten most expensive city lists are occupied by Middle Eastern cities.
In addition to housing-related prices, the report also surveyed some daily consumption data.
As indicated in the report, the price of a cup of coffee in Shenzhen, Beijing, and Shanghai is around US$4.30 (about RMB 30.56), ranking seventh to ninth in global coffee prices , The price gap with the top ranked Dubai is less than $1.
In terms of fitness membership fees, Shanghai has the highest price among the three cities in Mainland China, ranking the 11th in the world with US$53.64 (about RMB381.19) per month .
In addition, the dining costs for two people in the three-tier restaurants in Beijing, Shanghai, and Shenzhen are both US$28.60 (about RMB203.25), which is located outside the 28th list. The price is less than one-third of the top ranked New York.