JLL names Shanghai, Beijing, Guangzhou and Bangkok as Rising Giants of growth cities.
The international property group splits international cities into 5 categories to highlight their risks and opportunities for hotel investors and operators.
By Knight Frank's latest index, Hong Kong is the world's most expensive market, where US$1m buys just 20 sqm. The same budget will only get you 39 sqm in Singapore, 48 sqm in Shanghai and 86 sqm in Tokyo, as per the index.