A report by a think tank headed by a former top property analyst at UBS, Franklin Lam, has thrown some light on the opportunities and challenges facing Hong Kong. Entitled 'Hong Kong - The Golden 5 Years (2010-2014)', the report argues that the city will enjoy some of the strongest inflows of business opportunities and professionals in its history. However, Hong Kong needs to rediscover its can-do spirit. The report also calls for an expansion of servicing capabilities, preparation for sustained growth and societal improvements. Hong Kong was ranked the world's 31st most liveable city by the Economist Intelligence Unit (EIU), based on stability, health care, culture and environment, education and infrastructure. Clearly, it needs to do more about its quality of living. Still, visitors from all over the world are still flocking here, boosting demand for serviced apartments. In a special report, we have a detailed analysis of demand, trends and geographical growth in this sector. We also take you to Melbourne, ranked the world's most liveable city by the EIU.