Hot spots: Hong Kong’s best known luxury residential enclaves are all on Hong Kong Island, within easy reach of international schools, clubs and the city’s main business districts. It is in these areas where prices have risen most rapidly over the past three years. In the eastern New Territories, however, in Sai Kung and Clearwater Bay, a lifestyle of sailing clubs, beaches and hiking offers a great quality of life at a fraction of the cost of the more traditional areas. Prices of luxury accommodation in these areas have risen by 65 per cent since 2008, compared with a staggering 80 per cent on the Island. Houses with gardens and views typically average around £1,100/sq.ft compared with £2,500/sq.ft in Southside district on the Island. The discount is sufficiently steep to allow more room for growth over the coming years, particularly as access improves. Thanks to Savills Research for this information. To search for property on sale in the UK and overseas see savills.co.uk Picture: ALAMY
2. Moscow
Hot spots: The Tverskaya and Patriarchy Ponds area has always been and remains one of the most popular parts of Moscow with premium real estate buyers and tenants. To have an apartment here is a sign of particular prestige. Tverskaya is the main street of the Russian capital, and leads directly to the Kremlin and Red Square. Tverskaya, as well as the adjacent area of the Patriarchy Ponds offers residents the best shops, restaurants, schools, theatres and cinemas. It is not by chance that demand in the Tverskaya area remains high. It accounted for 23 per cent of all transactions in the Moscow primary housing market in 2011. This area is always popular with the secondary market buyers. Picture: ALAMY
3. Sydney
Hot spots: Sydney’s most luxurious properties and greatest wealth are found in its prestigious eastern suburbs. From here, residents can take advantage of glorious views over Sydney Harbour or the Pacific Ocean, and be within a few minutes’ drive of Sydney’s CBD. Demand for homes in these suburbs typically comes from high net worth individuals, often in the financial and professional services sector, celebrities as well as international demand from Asia. Luxury suburbs in the eastern enclave include Darling Point, Point Piper, Woollahra, Vaucluse, Double Bay, Elizabeth Bay, Watsons Bay, Bellevue Hill and Centennial Park.
Darling Point is between Elizabeth Bay and Double Bay. With its long coastline affording panoramic harbour views, it is widely regarded as Australia’s most exclusive and prestigious suburb. Homes are a mix of historical mansions and terraces, often sympathetically renovated to provide modern conveniences, and some luxury high-rise apartments. Picture: GETTY
4. Paris
Hot spots: One of the most sought after investment locations in Paris is the “Ile St Louis” and in particular, the “Quai de Bethune” overlooking the Seine. Ile St Louis is in the heart of old Paris and is within easy reach of most of the main attractions (monuments, galleries, museums etc) on both the left and right banks. Picture: ALAMY
5. Mumbai
Hot spots: South Mumbai is the southern-most precinct of the city of Mumbai and is the main business centre. It is the richest urban precinct in India, and houses most of the city's elite. The area is on the east by Mumbai harbour and on the west by the Arabian Sea. Consulates, museums and old theatres are located in South Mumbai. As a ratio to average per capita income, real estate prices in the business districts remain the most expensive in the world. South Mumbai is also the home to several of the city's sporting grounds, including Brabourne Stadium, Wankhede Stadium, Cooperage Ground, Azad Maidan and Oval Maidan. Picture: ALAMY
6. Shanghai
Hot spots: Xintiandi, or Taipingqiao Lake, is renowned as a with-planned development of high-end dining, entertainment venues, luxury residential properties, office towers and hotels. This centrally-located scheme is now one of the most highly sought-after residential enclaves in Shanghai. It attracts numerous Hong Kong and Taiwanese investors and owner occupiers. Xintiandi comprises more than 2000 homes, most of which are high-rise apartments. Subsequent phases are expected to more than double this number over the next decade. Picture: ALAMY
7. New York
Hot spots: The area east of Lexington Avenue on Manhattan’s Upper East Side is being thought of in a new light with the construction of the Second Avenue Subway. With some of the city’s most desirable boutiques, restaurants, and schools within walking distance, homes that were originally considered to be located too far east by many commuters will almost certainly appreciate in value once the project is complete. Picture: ALAMY
8. Tokyo
Hot spots: Minato Ward, an area home to several important commercial and entertainment districts such as Akaska and Roppongi, is one of the most prestigious residential addresses in Tokyo. Providing a mix of high-end shopping, gourmet restaurants and residential neighbourhoods, this area is home to some of the most luxurious residential developments in the city. Picture: ALAMY
9. Singapore
Hot spots: One of the most popular luxury precincts in Singapore include residences closest to the Orchard Road shopping belt classified under prime districts 9 and 10. Luxury apartments in the area are commonly furnished with designer fixtures, state-of-the art home technologies and sky gardens that provide a tranquil retreat away from the bustling shopping district outside their gates. Resort-like homes can be found in Sentosa Cove, the eastern end of the Sentosa resort island, which is a 15 minutes’ drive from the CBD and home to Resorts World Sentosa with its Universal Studios and casino. Picture: ALAMY
10. London
Hot spots: Kensington and Notting Hill are both sought after areas as both have fashionable restaurants, high-end shopping and good schools. On your doorstep, you also have the open green spaces of Kensington Gardens (once the private gardens of Kensington Palace) covering 275 acres or Hyde Park covering 350 acres. It is the amount of green open spaces in London, which makes it unique to any other city in the world. Picture: ALAMY
Source: http://www.telegraph.co.uk/property/overseasproperty/9341738/Top-10-global-investment-property-hot-spots.html
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