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Beijing, Shanghai Outdo Hong Kong, Singapore In 2013 Luxury Residential Index - Jones Lang LaSalle
Vanessa Doctor
10 December 2013
Capital values of luxury residential assets in Asia-Pacific declined in the third quarter of 2013, particularly for financial hubs Hong Kong and Singapore which seemed to have lost their lustre in favour of Beijing and Shanghai, the latest Residential Index by , managing director for Jones Lang LaSalle in Hong Kong. The study defines luxury residential properties as apartments, condominiums, detached and semi-detached housing located in traditional prime areas.