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Most Expensive Streets in the World 2011
The world's most desirable addresses have largely been sheltered from the slump in property prices felt elsewhere, according to a survey of the most expensive residential streets in the world carried out by Financial News, sister paper to the Wall Street Journal Europe. Hong Kong's Severn Road, a winding street of mansions and tony apartments, is still the priciest address on the planet. 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: The Wall Street Journal