These are the cities with the biggest rise in luxury property prices


Knight Frank has published its latest prime global cities index tracking all changes in luxury residential property across 41 cities around the globe.

China’s Guangzhou has experienced the biggest rise in prime property prices as values increase by 35.6% in the year to June 2017.

However, this wasn’t the only Chinese city that made it into the Top 5. Other highlights were Shanghai (ranked 4th) and Beijing (ranked 5th). At the same time, all of these three cities have also recorded a decrease in yearly growth rate when compared to Q1 2017.

Beijing saw the biggest decrease, from 22.9% in March to 15% now.

The UK’s capital, London, only came in on spot 38 in the ranking. And although prime property prices dropped by 6.3% annually, London’s quarterly decrease of 0.3% was the lowest fall recorded in more than one year.

Overall, the index showed that 28 out of the 41 cities show increased or stable luxury property prices, which is a figure that has remained steady for the last two years.

Here are Knight Frank’s Top 10 cities for luxury property price growth:

1. Guangzhou: 35.6% annual increase
2. Toronto: 20.7% annual increase
3. Seoul: 19.9% annual increase
4. Shanghai: 19.7% annual increase
5. Beijing: 15% annual increase
6. Sydney: 11.5% annual increase
7. Madrid: 10.7% annual increase
8. Berlin: 9.7% annual increase
9. Cape Town: 9.2% annual increase
10. Melbourne: 9.1% annual increase

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800


Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator


Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.


Not a member? Sign up for free

These are the cities with the biggest rise in luxury property prices

These are the cities with the biggest rise in luxury property prices


By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.