yes, i agreed. like kln station and belair, price not up for a few mths. but many slightly cheaper properties go crazy (e.g. there was a Bik Wah Gdn in Kln Tong sold at 9.5k psft and Parc Oasis in YYC at near to 13k psft, really crazy)
If you compare the price in big cities in mainland China (such as Shanghai and Beijing), you will feel that the price is not so high in HK now.
I know why they come to HK and buy flats here to 托住HK個樓市 after visited the 2 cities...........