Hong Kong must qualify as one of the most exciting cities in the world. The breathtaking cityscape against the backdrop of Victoria Peak is certainly a must see. The city has a unique mix of East and West with all the hustle and bustle you'd expect.

Despite being a British colony until 1997, the city has a definite Chinese feel. The mix of traditional China, a taste of colonial times, and the soaring modern architecture make the city unique and awe inspiring. Whilst the city can be hectic, it can also be efficient, hushed and peaceful: the transport network is excellent, the shopping centres are sublime, and the temples and quiet corners of its parks are contemplative oases.

Hong Kong's Chinese core didn't stop locals from feeling apprehensive about being reunited with the motherland when the British handed the colony back to China in 1997, but their unease has largely evaporated. The economy remains fundamentally strong despite the Asian economic crisis and SARS. This is partly related to development in China and its accession to the WTO. Hong Kong has always been the gateway to China, a position it is likely to make the most of in coming years.

As for the property market, Hong Kong is a small, wealthy territory with a large population. This has historically resulted in extremely high property prices. However, following the economic crisis of the late nineties, property values began to slide. This slide has stopped and the market is now back in a position of positive growth.

As for the future, Hong Kong will always be small and highly populated, providing solid fundamentals for the market. The main drivers of growth are likely to be economic prosperity caused by the relationship with China and the nation's increasing importance as a regional trade and financial centre.