Both markets are known as "super prime" destinations for the rich to buy properties worth at least US$20 million (S$25.14 million) each.
This is among the findings highlighted in The Wealth Report 2012, released by property consultancy Knight Frank and Citi Private Bank on Friday.
Knight Frank says HNWIs view residential and commercial properties located in prime locations as "safe havens".
These properties are acquired for long-term investments or as second homes.
Among the key factors that the super-rich consider when choosing a location for their second home are lifestyle (67 per cent), investment (55 per cent), safe haven for capital (40 per cent), education (12 per cent) and tax (6 per cent).
The report also highlighted that property investments occupy a large portion in the investment portfolio of the global HNWI.
Some 23 per cent of the portfolio consists of properties - the highest proportion compared with any other asset.
The proportion increases to 31 per cent in the investment portfolio of the super-rich in the Asia-Pacific region, which suggests that Asian HNWIs have a greater penchant for property investments.
The next most popular asset of global HNWIs are equities and bonds, with each accounting for 21 per cent in the investment portfolio.
This is followed by gold, making up 3 per cent of the portfolio.
The survey was conducted on 4,000 individuals with assets worth about US$100 million each.
Residential properties emerged as the most favoured type of investment among HNWIs last year.
Some 76 per cent of the respondents said they were keen to purchase residential homes compared with other property classes.
Office and retail properties are the other preferred types of properties for investment, coming in at 59 per cent and 31 per cent respectively. VENUS HEW
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