Yes, Sai Ying Pun. I couldn't remember the name of the area, just that it is beside Kennedy Town.
I just checked - 12k for 380 usable square feet. It is also not 10 minutes from Sheung Wan (maybe my friend runs it in 10 minutes) but it is beside the HKU MTR station.
edit: It's called Jadeview Court, I don't know about the conditions of the apartment