My personal experience was quite disappointing. Particularly because I stayed here on a Saturday night when the prices went up everywhere, so I felt like I paid too much for what I got in return.
The good: The place was very close to MTR station right in the city centre. Many shopping malls, eateries, museums, ferry terminals, were all in walking distance. But then again, it's not as if there's only few places around here to choose from.
The bad: The room. This was my 5th time to Hong Kong and I've had a few stays in Tsim Sha Tsui, so I learned to expect tiny but well-maintained rooms with good services. This room, even with a free upgrade to two bigger beds, was still tiny but there are visible signs of neglect here and there. In the middle of the night there were loud noises like from a malfunctioned machine somewhere in the building that kept me awake for hours.
The best thing I could say about the place apart from the location is the front personnel. My check-in was done quickly, and he seemed eager to help keep my luggages for a few hours after check-out. That said, I don't think I will come back here again.