Hong Kong has the most expensive route in the world with rental houses for more than $ 27,000 / m2. City HCM ranked 29th on the list. Streets expensive

Based on the assessment of 446 of the world’s leading retail streets, Cushman & Wakefield real estate consulting company pointed out the 10 highest rental streets in the world by 2018. Compared to 2017, the street Causeway Bay bustling shopping of Hong Kong surpassed Upper 5th Avenue in New York with the highest rental price of up to 27,633 USD / m2.

With the rental price of 1,960 USD / m2, the area around the big commercial centers of the city. HCM ranked No. 29 and ranked 15th in the Asia-Pacific region. Meanwhile, there are rental costs in the central area of ​​about 1,500 USD / m2, Hanoi is the 18th largest city in the region.

1. Causeway Bay – Hong Kong (China): 27.633 USD/m2

Also known as Dong La Bay of Hong Kong is where every centimeter of the area is taken advantage of for retail stores. Causeway Bay is the place that best reflects Hong Kong’s passion for shopping with commercial centers from luxury to high-end, mid-end and popular.

The roads in Causeway Bay are always busy
The roads in Causeway Bay are always busy

With hundreds of stores from fashion to electronics. The amount of goods sold is huge (customers are mainly Chinese and neighboring countries). This is the 6th time Causeway Bay is the place where the price for The most expensive rent in the world.

2. 5th Avenue – New York (USA): 23,283 USD / m2

5th Avenue – an avenue located in Manhattan in New York – is considered a symbol of America’s wealth and prosperity. This is home to many of New York’s most famous buildings such as Empire State, Rockefeller Center, Trump Tower, Flatiron … . As well as museums such as Guggenheim Museum, Metropolitan Fine Arts Museum …

 Fifth Avenue is not only considered the pride of New York City but also a symbol of America's prosperity
Fifth Avenue is not only considered the pride of New York City but also a symbol of America’s prosperity

The most slag fashion brands in the world like Prada, Gucci, LV … are also gathered here.

3. New Bond Street – London (UK): 18,048
USD / m2

Born in 1700, New Bond Street is known to the world as a neighborhood for the wealthiest, sophisticated and most famous in England.

New Bond Street is the most expensive street in Europe and third in the world
New Bond Street is the most expensive street in Europe and third in the world

The presence of major brands such as Asprey, Bulgari, Burberry, Chanel, Cartier, Dolce Gabbana, Hermès, Jimmy Choo, Louis Vuitton, Mulberry, Ralph Lauren brought New Bond a unique blend of beauty. history, elegance and fashion. streets expensive

4. Champs-Élysees Boulevard – Paris (France): 15,634 USD / m2

As the road connecting the historic Condorde and Charles de Gaulle squares of Paris, Champs-Élysees becomes a place where a series of important events of France all take place.

Champs-Élysees Boulevard is the place that best represents the magnificence of the French capital
Champs-Élysees Boulevard is the place that best represents the magnificence of the French capital

This street is surrounded by cinemas, theaters, cafes, luxurious restaurants and famous fashion names. Every festival, this avenue is decorated with bright lights, splendid and become a symbol of the “magnificence” of Paris. streets expensive

5. Montenapoleone – Milan (Italy): 15,160 USD / m2

Montenapoleone is considered one of the most important shopping streets in the world thanks to its elegance. Sophistication and is also the most expensive place in Italy. The business of this street accounts for 12% of Milan’s GDP.

Montenapoleone is a combination of the elite of European nobility with the luxury of modern brands
Montenapoleone is a combination of the elite of European nobility with the luxury of modern brands

Along the street is a combination of traditional handicraft brands of ancient nobility along with luxury fashion firms like Cavalli, Gucci, Missoni, Versace, Ferragamo, or Hermès. streets expensive

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