The area where I live in Tsuen Wan has plenty of options in that pricing range. 10k could probably get you something close to 700sf. It is in an older complex, (Tsuen Wan Centre), but reasonably well maintained, and is up on the hill with a few grocery stores and shops, tennis courts, basketball courts, and a playground out back, and is a 5 minute minibus ride to the MTR. The dining options in Tsuen Wan kind of suck, but overall it isn't a bad place. Then again, I work in Tsuen Wan, and I'm not sure how I'd feel if I was making a 50 minute commute to and from Central every day, even if you can pretty much guarantee seats both ways.