Hong Kong residential property the “most expensive in the world”

Thursday, February 10th 2011 - 01:06 UTC

Full article 3 comments

The Global Cities Survey, published by Savills PLC, reported last week that Hong Kong residential property is now the most expensive in the world. Based on the property price index contained in the survey, residential property in Hong Kong is 55% more expensive than property in London. Read full article

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Redhoyt
“ ... applying stamp duty of up to 15% ...”

Those Communists are fast learners! Well at least the British departure hasn't affected house prices ?

On a similar note - http://www.telegraph.co.uk/news/worldnews/europe/russia/8314978/Dmitry-Medvedev-orders-extra-Russian-deployment-on-Kuril-Islands.html

Another member of the SC that will not be criticising the UK over the Falkland Islands :-)

Politics - don't ya love it :-))
Feb 10th, 2011 - 01:21 am - Link - Report abuse 0
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Forgetit87
I see bubbles.
Feb 10th, 2011 - 01:57 am - Link - Report abuse 0
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Zethee
Bloody hell i always thought london was more expensive than the other citys mentioned here.
Feb 10th, 2011 - 10:27 am - Link - Report abuse 0
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