For anyone who finds the price of property in Hong Kong to be out of their reach, buying a place in Shenzhen may be a viable option. The city offers a host of affordable options that will give more living space for your dollar and, with new border crossings and better transport links between Hong Kong and Shenzhen, even a commute to work in Central is no longer a pain. 'I moved to Shenzhen in 2000, and had no problem finding a property and securing a mortgage,' said Johnny C. K. Wan, a Hongkonger who works for a marketing firm in Tsim Sha Tsui East. 'The reason I moved was because back then the prices in Hong Kong were still very high, and I knew I could get a far larger apartment there for a lot less money.' Mr Wan explained that for people looking at flats in Hong Kong for about HK$2 million to HK$3 million, they might look at places of about 500 to 600 sqft, whereas in Shenzhen the same kind of money could buy a flat of about 1,600 sqft. 'You'll also need to pay tax locally when you buy, but it's a very minimal amount,' he said. 'Providing you are a Hong Kong resident and hold a good job, then it's no problem getting a mortgage. I paid a 10 per cent down payment and secured a mortgage from a bank in the city.' And despite the yuan exchange rate being higher now, Mr Wan said 'comparatively speaking it's still much cheaper than Hong Kong'. For his commute to work, Mr Wan said that the journey had gotten considerably better over recent years. 'When I moved to Shenzhen the journey took about 1? hours, but I bought a place close to where the Lok Ma Chau border crossing was going to open. When it opened last year it brought the journey time to around 50 minutes.' Crossing the border with new smart ID cards also cut down on the journey time, Mr Wan said. For those thinking of making the move, Mr Wan recommends buying a property that has not been developed by mainland developers. 'My block was built by developers from Taiwan and is of the same standard you would expect in Hong Kong,' he said. 'However, the maintenance of the building is not up to the same standards.'