IMO, the next Black Swan will be property bubble bursting in HK, it could take 2y, 3y, 5y ... but one day it will be like Japan ... now only the luxurious segment is crazy so not yet ... wait till NT psf reaches 2500psf, Kowloon 4000psf, HK Island 6000psf
SEPTEMBER 2009: A pair of penthouse apartments are put on sale for US$39 million, setting an apartment per square foot record at US$9,700
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