Luxury home prices to climb 5.7% this year: Knight Frank
In Asia-Pacific, Seoul and Sydney are both expected to see increases of 9%, and Auckland, 7%
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
PRICES of luxury homes are expected to rise 5.7 per cent in 2022 across 28 prime residential markets, according to a forecast by real estate consultancy Knight Frank - a "subdued" performance after 2021's blistering pace.
Cities such as Dubai, Miami and Zurich are expected to lead the pack, with prices poised to jump 10 per cent to 12 per cent this year.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities