The average price in the city-state fell 1.3per cent year-over-year to €48,150 per square meter last year. However, this small fall follows an 18.1per cent increase in 2018 as prices reached a high plateau, according to Savills.
Luxury residential properties in New York, the third most expensive market in the world, cost nearly half as much as Monaco, with average price per square meter standing at €24,300.
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