Shui On Land's recent sale of luxury flats in Shanghai's upmarket Xintiandi district has proved popular with Hong Kong buyers, indicating restored property investor confidence in the city earmarked to become the nation's international financial hub.

All 52 units that make up Block 11 of the prestigious Casa Lakeville development were sold in Hong Kong last weekend, according to Albert Lau Tak-yeung, managing director at property consultant Savills, the sole agent for the residential tower.

South China Morning Post