By Knight Frank's latest index, Hong Kong is the world's most expensive market, where US$1m buys just 20 sqm. The same budget will only get you 39 sqm in Singapore, 48 sqm in Shanghai and 86 sqm in Tokyo, as per the index.
The current cycle of globalization, urbanization and technological advancement is shaking up the established hierarchy of our cities and creating sweeping changes to the geography of commercial real estate opportunity