INFOGRAPHIC: World's Priciest Spots to Buy Property

By Bridget O'Donnell

Where are the most expensive places to buy property around the world? And more importantly, where does China rank?

This infographic shows you just how many square meters USD1 million will get you in prime real estate areas in different cities around the globe.
Unsurprisingly, the graphic reveals that Hong Kongers are paying a LOT for their shoeboxes — USD1 million per 20 square meters, to be exact. That puts them right between Monaco (17 sq m) and London (22 square meters) at second highest spot on the chart.

Shanghai, meanwhile, ties with Singapore at 42 sq m, just behind Geneva. Beijing also appears on the graphic, just after Paris at 58 sq m. Surprisingly, both Shanghai and Beijing appear to be more expensive than Tokyo, where USD1 million will get property owners 83 sq m of space.

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