Between Dubai and City. Ho Chi Minh, where can I buy a larger area with 1 million dollars?
If you happen to have a million dollars (equivalent to 22.8 billion dong) in your pocket and want to buy yourself the most expensive apartment, where would you go? In this infographic, using data from Knight Frank and the website batdongsan.com.vn, we give you an easy-to-understand visualization of how much land you can buy for a million dollars in expensive areas. best of the world.
According to data from Knight Frank, Monaco is still the place with the highest land prices in the world. Located in the southern strait of France, this second smallest country in the world has long been famous for its flourishing tourism industry and expensive casinos for the wealthy. Here, if you bring 1 million dollars, you can only hope to have a nice small apartment with an area of 15m2.
Following in turn are dynamic economic centers around the world such as Hong Kong (where 1 million dollars can only buy 21 square meters of land), London (31m2), New York (33m2). The lion island nation of Singapore is also gradually catching up with New York City in terms of the price of luxury apartments for $ 1 million for 35 square meters.
In continental Europe, the cities of Berlin (73m2/million USD) and Madrid (106m2/million dollars) still cede the throne to Paris at a price of 42m2/million.
According to Knight Frank’s ranking, Dubai is classified as an emerging market with cheaper prices than the old developed economic centers. With a million dollars, you can buy 137 square meters of luxury apartment real estate in Dubai, three times larger than the figure in Singapore.
Most notably, according to our survey of the 10 most expensive luxury apartments in Ho Chi Minh City and Hanoi, respectively, the average land price can also help two Vietnamese cities appear in the list. .
The first is City. Ho Chi Minh. With a prime location connecting many economic centers, Saigon has become a hot spot for real estate for many years now with projects being offered at record high prices such as OneCentral Saigon, once offered for 530 million/m2 and Grand Mariana Saigon 423 million/m2. Besides, Saigon also owns many expensive luxury apartment projects such as Alpha Hill (10,000 USD), The Vertex (10000usd/m2), The Marg (170 million dong/m2), Grand Manhattan (150 million dong). /m2), The River (7000usd/m2), De La Sol (70 million VND/m2), Sunshine Horizon (65 million VND/m2), Kingcrown infinity (77 million VND/m2). On average, the price of high-end residential real estate in Saigon is up to $9202/m2, and with $1 million, you can buy about 108.67m2. This price is even slightly higher than Dubai. With 1 million dollars, you can buy a luxury property in Dubai that is 29 square meters larger than in Saigon.
Hanoi is also the second Vietnamese representative to be included in this list with “expensive pieces of land” in Hoan Kiem district. In the past time, the capital has received many luxury apartment projects in the ambitious “Northern” effort of Masterise Home investors. The most prominent project can be mentioned The Grand HaNoi – Masterise D’. San Raffles is located at the delivery point of Hang Bai – Hai Ba Trung, Hanoi, offered for sale at a price of up to $30,000/m2. Besides, big projects are also mentioned as Hoang Thanh Tower: 90 – 130 million/m2; Vincom Park Place 3,600 USD/m2; Keangnam: 43,149 million/m2; Palais de Louis 120 million/m2; Hanoi Aqua Central: 90 million/m2; Vinhomes Metropolis 100 million/m2; Sun Grand City 120 million/m2; Pacific Palace 65 million/m2 and T-Palace: 233 million/m2. On average, luxury apartment real estate in Hanoi costs up to 7305 USD/m2, which is the same price as Dubai. With 1 million dollars in hand, you can buy 136.8m2 of land in this segment in Hanoi.
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at Blogtuan.info – Source: cafebiz.vn – Read the original article here
