In 2020, Hong Kong had the most expensive residential property market worldwide, with an average property price of 1.25 million U.S. dollars. The government of Hong Kong provide public housing for lower-income residents and almost 45 percent of the Hong Kong population lived in public permanent housing in 2018.
Monaco holds on to its title as the most expensive residential market globally. However, in 2022, the strong currency rewarded the US dollar-based buyer with two extra square metres for their money compared with a year ago.
Monaco holds on to its title as the most expensive residential market globally. However, in 2022, the strong currency rewarded the US dollar-based buyer with two extra square metres for their money compared with a year ago.
The most expensive house in the world and the world's biggest house is Buckingham Palace, owned by the King Charles III, in right of the British Crown with an estimated value of $4.9 billion. Check out our guide to the world's most expensive houses to see other fancy houses and luxury mansions.
With an estimated value of nearly USD 1.6 billion (THB 52.4 billion approximately) as per a May 2022 Bloomberg report, the 775-bedroom official residence belonging to the British Royal Family, since 1837, is reportedly the most expensive house in the world.
Buckingham Palace is the most expensive house in the world. It is the home and administrative block of the monarch of the United Kingdom of Great Britain and Northern Ireland. This building was officially commissioned as the home to the monarch in 1837 during the reign of Queen Victoria.
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