The World, Guangzhou 廣州大一山莊

2011 average price: 62,500 yuan/ sq.m. (US$9,565/ sq.m.)

The World, a villa development situated north of Guangzhou in the Baiyun Mountain Scenic Area, has topped the list of China's most luxurious residential properties for the last three years. With a total area of over 152,000 square meters, the stunning property has 79 villas in total, which range between 800－1,400-square-meters per unit. The first phase of The World units are expected to be sold starting May 1, 2011, with the lowest asking price set at an astronomical 50 million yuan (US$7,6 million per unit.