World's 10 Hottest Property Markets

8)  Shanghai

"Shanghai prime prices might have fallen 3.4 per cent in 2011, but they are still 37.5 per cent higher than they were in early 2009," according to Thomas Lam Ho Man, Knight Frank's Head of Research for Greater China, reports Rediff.com.

World’s most populated city Shanghai is one of the most expensive locations for property investment. Xintiandi is the most preferred location for luxury properties in Shanghai due to its close proximity to developed infrastructure. However, Xintiandi is a well developed location that houses over 2000 homes and maximum of such homes are high-rise apartments.

9) Beijing

China is witnessing significant growth in statistics. China is one of the world’s hottest property markets. Over the past 5 years, housing prices in major cities like Beijing and Shanghai have shoot upto 110 percent. In Shanghai, the average price of a home in prime areas was $19,400 per square meter in the fourth quarter of 2011. According to Knight Frank, the same home price in Beijing was about $17,400 per square meter.

10) Berlin

The capital city of Germany, Berlin has also made through the list of hottest real estate market in the world.

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