This year’s Financial News has listed the world’s top 10 most expensive streets. From Hong Kong to Fifth Avenue residents are splashing out a jaw-dropping $78,000 a square meter for these prestigious addresses.
1. Severn Street, Hong Kong
Average cost per square foot: $78,200
According to the Wall Street Journal report, Seven Street in Hong Kong is now the most expensive street in the world. Despite seeing rates fall by as much as 72% during the recession, the wealthy residents of this luxury area successfully drove prices back up, helping to secure their prestigious title for the second year running.
