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The world’s top 100 luxury property markets for 2017

The world’s top 100 luxury property markets for 2017

By Hamish McDougall

Hot on the heels of Singapore’s luxury market turnaround, the city has placed 26th on a list of the world’s fastest growing premium property markets.

With growth of 5.6% in 2017, the Singapore property market fared well in a challenging year that saw 38 of the top 100 markets contract. The overall index increased by 2.1%, and only 11 property markets saw double-digit gains.

Guangzhou scored top place with 27% growth – the only Chinese city to make the top 10 this year, with Shanghai and Beijing dropping to 15th and 20th respectively.

The towering Guangzhou luxury property market
Photo by B. K. Heleth

Cape Town’s luxury property market placed second with bullish growth of 19.9% in 2017

Luxury Cape Town property mingling with epic mountain views

Aspen, Colorado, placed third with growth of 19%.

Luxury on the slopes in Aspen, Colorado

Where to now?

108 Thomson Rd lobby

Thomson Road$11,000,000

  • 7
  • 10+4
  • 4
  • 8,626 sqft
The Avenir condo balcony

The Avenir$3,324,000

  • 3
  • 2
  • 1,141 sqft