The report looked at the wealth management of high-net-worth individuals, or people whohave at least $100 million in disposable assets.
It found that the prices of high-end properties in Hong Kong have increased at a 60 percentcompound annual rate since 2009.
With the mainland's booming economy, more people are turning to Hong Kong to buyproperty. At the same time, mainstream property prices in large mainland cities have beendropping as a result of the price controls that have been set by authorities, the report said.
Luxury housing, on the other hand, has consistently done well in the mainland market, andthe average price of high-end properties in Beijing increased by 8 percent in 2011 from theyear before, the report said.
Mainland investors bought about 25 percent of the luxury housing that was sold in HongKong in 2011. The report said the average price of luxury apartments in Hong Kong rose by4.6 percent last year.
