Monaco, Geneva and Singapore have emerged as the world’s most active markets for super-prime property listings, according to new research from Jefferies London, which analysed the proportion of homes listed for sale at £3 million or more across 17 global hotspots.
The study offers a snapshot of where the highest concentrations of luxury property activity are currently taking place, based on real-time market listings and exchange-rate-adjusted thresholds for prime pricing.
Monaco (main picture) leads the global table, with 56.7% of its housing stock on the market listed at or above the £3 million mark — a reflection of the principality’s reputation as a haven for global wealth and its highly restricted land supply.
Geneva follows closely behind at 40.7%, with Singapore placing third at 21.2%.
US MARKETS
Major US markets also feature in the upper ranks, with Los Angeles reporting 10.2% of listings in the super-prime bracket and New York at 7.5%.
London, historically one of the world’s most prominent luxury property markets, ranks seventh, with just 5.6% of listings priced at £3 million or above. While lower in relative terms, Jefferies notes that the capital’s prime market remains a key destination for both domestic and international high-net-worth buyers, buoyed by its role as a global financial and cultural hub.
The data highlights the increasingly globalised nature of high-end real estate and how geopolitical, tax, and lifestyle factors continue to shape demand across international markets.
The sharp concentration of prime listings in certain cities also reflects a broader bifurcation in the global housing market, as ultra-wealthy buyers remain active while mainstream housing sectors face more subdued conditions.
TIMELESS APPEAL
Damien Jefferies, Founder of Jefferies London, says: “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.”
