Hong Kong's home market may see "another good year" this year, as buyers remain financially sound, according to Sun Hung Kai Properties.

"We don't see any bubbles in the market," said Victor Lui Ting, an executive director of the firm's real estate agency unit.

An economic recovery in the city, near-zero interest rates on savings, mortgage rates at 20-year lows and record low supply spurred a 29% gain in overall existing home prices last year, leading the government to raise property taxes and down payments to cool the market.

South China Morning Post