G109, I hate to say it but here goes: "It depends".
As you are single/sans kids, I can only assume you would want to live on HK Island where the "action" is (read Russian whores and 8-ball's of coke). In this case, $24K would get you a smallish, clean, partly furnished 1 bedroom apartment in mid-levels.
Now, I don't know where you're from but when I say "smallish", I mean about 500-600 Sq ft. If you cut the cat's front legs off and about 1/2 of its tail, you
may just have enough room to swing it around.
If country living and/or wife-swapping is more your scene (although without a wife to swap I'm not sure how you'd go) then Tung Chung near the airport or anywhere in the New Territories is the go. More bang for your buck apartment size wise, but much less bang (bang being the operative word) for your buck Russian whore wise.
Hope this helps.
