Last week, prices on Park Island for the first time ever broke through an average of HKD $10,000 psf (per square foot), coming in at $10,218 psf (net) for the week ending 6 March 2015. Here is the most recent CCI Property Index graph for Park Island: Park Island Price Graph 2015 Note that the graph above shows gross prices (ie the price calculation that was formerly used in Hong Kong, which included external space, lift lobby, fire exits etc). The price that is now used in Hong Kong is a net price (ie only the internal private space of the apartment itself) Gross prices also hit a record high, coming in at $7,865 psf. The $10,000 psf price is something I predicted in the post Centa city Hong Kong-Property Index would happen early in 2015. I think its likely prices will continue to increase, based both on continued historically low interest rates as well as mainland monetary easing leading to more cashed up Chinese able to invest in Hong Kong pr...