Have you looked at living in Shenzhen, near Sheung Shui? This would give you 20% of the living cost with easy access to HK when needed. Say Coco Park, which is a major shopping mall/restaurant area with everything you have said you would like. (Very close to Lok Ma Chau/Sheung Shui) You can get a much, much bigger apartment with gardens, guards, pool and club house and all mod cons for about 20% of what you pay in HK. Centaline is a HK-based real estate agency in Shenzhen and you could specify that you want a place where there are lots of expats, if this is what you would like. Shenzhen has its frustrations but so does HK and the fact that your money goes way, way further more than makes up for them.