A Visionary resident has lost jewellery and watches worth an estimated HK$1.47 million in the latest in a spate of burglaries across the city.

A 57-year-old man told police he had found his window forced open and the apartment ransacked when he returned to his home in the upscale apartment complex at about 10am yesterday, Headline News reported.  The thieves had taken the valuables from a safe.

It was the tenth burglary in Hong Kong in three days. A home in Causeway Bay was also burgled on Tuesday night, and other break-ins have taken place in Happy Valley, Kowloon Tong and Kowloon City, scmp.com reports.

The spree targeting luxury homes is almost certainly the work of a well-organised gang.

Police so far have been cautious in public comments, saying only that they are investigating to see if a syndicate is involved.