Severn Street in Hong Kong: The Most Expensive in the World

According to a survey conducted by Financial News (London’s equivalent of the Wall Street Journal), Severn Road in Hong Kong is the most expensive street per square meter. For the list of the ten most exclusive streets, the publication contacted real estate agents around the world and asked them to share some information about the highest-priced streets, based on the prices of the proprieties.Severn Street in Hong Kong The Most Expensive in the World

Severn Road, named so after a former governor of Hong Kong, Claude Sever, ranked first with an estimated value per square meter of $78,200. That’s about $8,689 a square foot. Situated near the top of Victoria Peak, the street holds 60 private luxury residences and offers breathtaking views of Hong Kong. The other most expensive streets in the world are the following:

2. Kensington Palace Gardens

Top price: €55,000 per square meter

3. Avenue Princesse Grace

Top price: €50,000 per square meter

4. Chemin de Saint-Hospice, Saint-Jean-Cap-Ferrat

Top price: €45,000 per square meter

5. Fifth Avenue, New York

Top price: €45,000 per square meter

6. Quai Anatole, Paris

Top price: €32,000 per square meter

7. Rue Bellot, Geneva

Top price: €31,000 per square meter

8. Via Romazzino, Porto Cervo, Sardinia

Top price: €17,000 per square meter

9. Wolseley Road, Point Piper

Top price: €15,000 per square meter

10. Ostozhenka, Moscow

Top price: €13,000 per square meter

By : 10 Mar 2011
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