Monaco, Geneva and Singapore are currently the most active markets when it comes to super prime homeseller activity according to research by Jefferies London.
The research shows that Monaco stands out as the most active market, with 56.7% of its available listings priced at £3m or mor, followed by Geneva with 40.7%, while Singapore reports 21.2% of its listings at the prime price point.
Damien Jefferies, Founder of Jefferies London, said: “The global economic landscape may be turbulent at best, but we continue to see real estate at the very top tiers of the global market change hands and, as our research shows, Monaco, Geneva and Singapore are driving seller activity across the prime market at present.
“Whilst some areas are seeing stronger levels of buyer activity than others, the appeal of these markets remains timeless and, whilst market values may ebb and flow, they will always maintain their appeal amongst those looking to purchase in the most exclusive markets in the world.”
Other prominent markets, including Los Angeles (10.2%) and New York (7.5%) also show significant prime property availability.