How much prime real estate $1m can buy Analysis of the cost of luxury living space around the world by Knight Frank reveals the amount of real estate you can buy for $1 million Monaco 16 square metres Hong Kong 22 New York 31 London 31 Singapore 36 Los Angeles 39 Geneva 41 Paris 46 Sydney 52 Shanghai 57 Beijing 67 Tokyo 67 Berlin 73 Miami 93 Melbourne 97 Mumbai 100 Istanbul 109 Dubai 143 Cape Town 177 São Paulo 200 Human to scale Exchange rates correct as of Dec 31, 2018 Paris: Attractive to overseas buyers as it offers 48% more floor space than both New York and London Source: The Wealth Report 2019 (Knight Frank) © GRAPHIC NEWS