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...........
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)