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VIDEO:News

Factbox: Asia's Capitals of Runaway Real Estate

Description:Red hot: Hong Kong's property prices have soared 250 percent in the last decade. Singapore's residential property price index has jumped 88 percent. A luxury apartment in Hong Kong recently fetched a record $60 million. Bungalows in Singapore's exclusive Sentosa Cove go for over $30 million. How many square meters will $1 million buy in a prime neighborhood? Hong Kong: 21 Singapore: 39 Manhattan: 43 Singapore property stocks jumped almost 50% in 2012. (1:59)

Source: Reuters

Tags: reuters

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