The hotel is located in the busiest and most happening intersection of ZhongXiao Fuxing Station. Direct airport bus transit from this station. Taipei, as other big cities in Asia, the real estate price is crazy. It is rare to have such a great space in the room. I believe space is at least 25% higher than the similar level of nearby hotels.
The only issue I encountered is the bed is a bit tough and the bedding sheet is not as soft as other higher-end hotels. But you get what you paid for! The standard room is under US$100.