What is the most expensive place in Hong Kong?

Can you tell me, what is the most expensive area to live in Hong Kong? I've heard that real estate prices there are sky-high, and I'm curious to know which part of the city commands the highest prices. Is it the bustling Central district, known for its high-end shopping and financial centers? Or perhaps it's the serene and exclusive neighborhoods on Hong Kong Island, like The Peak, where the views are breathtaking and the properties are luxurious? I'm eager to learn more about the most costly real estate market in Hong Kong and what sets it apart from the rest of the city.