Singapore offers high-net-worth homebuyers the greatest choice when it comes to securing a prime trophy property – but London comes only fourth.

Enness Global analysed 13 global cities widely regarded as key destinations for high-net-worth property buyers, examining current for-sale listings to determine what proportion sits at $10m USD or more.

For many high-net-worth individuals, trophy homes represent the pinnacle of global real estate ownership.

Typically defined by their exceptional value, prime location, architectural significance, and exclusivity, these properties form a key part of globally diversified property portfolios.

Beyond lifestyle appeal, they also serve as long-term wealth preservation assets and status symbols, often spanning multiple international markets.

The research shows that Singapore ranks top globally, with 5.2% of all homes currently listed for sale qualifying as trophy properties, highlighting the city-state’s exceptional depth of luxury housing stock.

New York City ranks second, where 1.2% of current listings meet the trophy home threshold, followed by Dubai at 1.0%.

London sits just outside the top three, with 0.8% of all homes listed for sale qualifying as trophy properties.

Hong Kong ranks fifth at 0.7%, followed by Sydney at 0.5%.

Elsewhere, European destinations account for a smaller proportion of trophy stock.

Lisbon ranks seventh globally at 0.4%, followed by Madrid at 0.3%. Paris, Berlin, Toronto, Cape Town and Rome each see trophy homes account for just 0.1% of total market listings.

An Inness Global spokesperson says for these buyers, property ownership is rarely limited to a single country. Instead they wish to combine lifestyle flexibility with long-term investment security.

And the spokesperson adds: “While London remains one of the world’s most desirable trophy home destinations, other global cities, particularly Singapore, currently offer greater availability relative to overall market size.”