1、The global perspective on luxury residential development 2025/26The Residence ReportThe Residence ReportTHE RESIDENCE REPORTTHE RESIDENCE REPORTThe Residence Report1EDITORLiam BaileyMANAGING EDITORSunny CreativeMARKETINGSally Ingram PUBLIC RELATIONSAstrid RecaldinDESIGN&DIRECTIONQuiddity MediaILLUST
2、RATIONSDebora SzpilmanPRINTOptichromeALL KNIGHT FRANK CONTACTSfirstname.familyname DEFINITIONS AND DATA PRIME PROPERTYThe most desirable and most expensive property in a given location,generally defined as the top 5%of each market by value.Prime markets often have a significant international bias in
3、 terms of buyer profile.PGCIThe Prime Global Cities Index(PGCI)is a valuation-based index,tracking the movement of prime residential prices across 46 cities worldwide using data from our global research network.The index tracks nominal prices in local currency.GSPIKnight Franks Global Super-Prime In
4、telligence (GSPI)report provides a unique quarterly snapshot of US$10 million+residential sales conditions across 12 key global markets.EXCHANGE RATESAll exchanges rates calculated as at 15 August 2025.ON THE COVER FIND OUT MOREKnight Frank Research provides a range of market-leading insights throug
5、h the year covering all major global real estate sectors and markets.To get the best of Knight Frank straight to your inbox,visit global perspective on luxury residential development 2025/26The Residence ReportIn The Residence Report,we explore the growth of the global luxury residential sector,the
6、rise of purpose-led brands and the art of curating community.Debora Szpilmans elegant yet witty illustration proved the perfect match.Narratively rich,full of detail and with an energy that reflects the dynamism of the sector,her work encapsulates luxury with warmth and generosity,distilling the rep