Hong Kong’s Severn Road, a winding street of mansions and tony apartments, is still the priciest address on the planet.

For the second year running, Financial News has determined that properties on Severn Road cost more per square foot than those anywhere else.

Properties on Severn Road were valued at US$78,200 a square meter (about US$8,689 a square foot), up from US$70,000 in last year’s survey.

Severn Road is situated near the top of Victoria Peak and overlooks Hong Kong’s famous skyline.

Other addresses in the top 10 include Fifth Avenue in New York, Kensington Palace Gardens in London and Avenue Princesse Grace in Monaco.

1. Severn Road, Hong Kong
Top price: €57,000 ($78,200) per square meter

2. Kensington Palace Gardens
Top price: €55,000 per square meter

3. Avenue Princesse Grace
Top price: €50,000 per square meter

4. Chemin de Saint-Hospice, Saint-Jean-Cap-Ferrat
Top price: €45,000 per square meter

5. Fifth Avenue, New York
Top price: €45,000 per square meter

6. Quai Anatole, Paris
Top price: €32,000 per square meter

7. Rue Bellot, Geneva
Top price: €31,000 per square meter

8. Via Romazzino, Porto Cervo, Sardinia
Top price: €17,000 per square meter

9. Wolseley Road, Point Piper
Top price: €15,000 per square meter

10. Ostozhenka, Moscow
Top price: €13,000 per square meter

Source: Financial News – Read the rest of the article @ Propgoluxury