I want to thank everyone for all their input on this thread, it was extremely helpful in my search for the right place. I thought I would give an update on where we ended up.
During the summer we moved to a repulse bay service apt. My son was with us for the summer so it was difficult (2 adults and 2 kids) in a 1bedroom Service apt, we were happy to get a bigger space. Repulse Bay was absolutely amazing. So gorgeous, our place overlooked the beach, it was phenomenal. We also loved being so close to Stanley. Stanley was such a nice relaxing place, we enjoyed many meals there.
That being said, it was just too far. For me, MTR is pretty important since the exit is so close to my office, having to take a taxi or bus 30 minutes to get to an MTR was not doable. It was an 1hr commute minimum sometimes 1.5hrs at night.
I'm truly happy I got to spend a month plus in Repulse Bay, now I know what it's all about, it's a great place.
We ended up moving to Parkview, that turned out to be perfect.
#1) Great mountain views, lots of greenery, cool breezes and hiking trails.
#2) Great facilities. We don't have to go far off to a club, because the facilities are good enough, we ended up getting the membership.
#3) Close to HKIS, with a TON of kids going to HKIS from there.
#4) Only 15 minutes to Stanley/Repulse Bay area, we still like going there to eat.
#5) Bus Shuttle only 12-15 minutes (depends on traffic, could be more) to the MTR. I like still being just a quick bus ride from the city and all the action. It doesn't feel far to get to the city area.
#6) My commute fits in the 40-50 minute time range. I can drive all the way or I can take a shuttle bus and MTR, it's pretty much the same time. Usually it's been about 45minutes which is not bad.
I'm pretty happy the area is not too far from anything but still has a remote feel to it away from the concrete jungle.
Regarding the schooling, it was important for my daughter to go to a school we were comfortable with, but also we planned it according to my son. He's in 7th grade and he's already being asked to take his SAT's in December. It's a different world from when I was in school and they are already talking SAT's and college preparation. He goes to a very good school in the U.S. and I didn't want to move him here without him getting into a top school in HK. Now he's got a slightly better chance thanks to his sister. We'll cross our fingers and hopefully he'll be with us for next school year. I have no problems with any other school in HK or Kowloon or anywhere else, this is just the school that fit for us, and where we got admission.
Thanks again for all your help, the apartment hunting was probably the most challenging part of our move to HK.