Residents are not concerned that the expected sale of residential lots will lead to an oversupply of flats in the districts where they live. Some go so far as to express hope that the sale of luxury housing units could lead to a revival of the market. Agnes Yim Sau-han, 33, part-time pianist, has lived in Fortress Hill for five years. 'North Point itself has its value, so property prices would not be affected too much even if there is an increased supply of luxury flats here. Besides, the property prices have already hit bottom. So I think that if prices drop, it will be only mildly.' Miranda Wong, 42, a helper in a fruit-juice shop, has lived in Fortress Hill for eight years. 'I think property prices in the nearby area will not be affected too drastically. 'Prices may be dragged down a bit, but we hope the sales of luxury sites will help to revive the whole market.' Vincent Chan Moon-kwan, 49, retired, has been a Fortress Garden resident for four years. 'Neither having a $10 million luxury flat nearby nor a slump of property prices to $1 is going to affect us. 'We don't have plans or money to buy a new flat in the next three to five years because of the economy.' Adriana Colotto, 38, a university research associate, has leased a $50,000 residence at The Peak since March last year. 'I don't think the prices would be affected. The Peak is attractive for being exclusive, and if the prices drop too much it will not be The Peak any more.'