These are the top 10 most expensive localities for apartments

Sliema, St Julian's, and Pembroke are the most expensive localities for apartments

Apartments and penthouses continued to dominate new residential development, accounting for 10,745 approved units in 2025
Apartments and penthouses continued to dominate new residential development, accounting for 10,745 approved units in 2025

Apartments in Sliema are the most expensive on the property market in terms of price per square metres.

According to a study by the NSO, apartments in the locality are 60.98% more expensive than national average prices. The analysis excluded penthouses.

Following Sliema, St Julian’s and Pembroke are the second and third most expensive locations for flats, as they are 57% and 47% more expensive than the national average, respectively.

READ ALSO | Building mad: 12,325 new dwellings approved in 2025

The other localities that ranked as the top 10 most expensive localities in terms of apartment prices are Swieqi, Għargħur, Ta’ Xbiex, Naxxar, San Ġwann, Balzan, and Attard.

Locality Prices compared to national average
Sliema 61% higher
St Julian's 57% higher
Pembroke 43% higher
Swieqi 39% higher
Għargħur 28% higher
Ta' Xbiex 23% higher
Naxxar 16% higher
San Ġwann 14% higher
Balzan 13% higher
Attard 12% higher

Meanwhile, the lowest recorded price levels in 2025 are Xewkija and Sannat. Apartments in these localities are 57% and 63% less expensive than the national average.

The study noted that flats in Gozo are roughly 30% less expensive than the national average.

Last month, the Central Bank published a report based on feedback from players in the real estate sector who noted that the prices in certain areas have risen beyond what is justified by the quality of the property. The report did not reference which localities respondents were referring to.