It has nice street food and is close to cheap and delicious restaurants.
Close to shopping area (night market & shopping centre)
Given that HK is a packed city, a hotel next to the main street makes transporting luggage very easy.
Room is terribly small, bed is just next to the door and toilet can only fit 1 person to shower. Next to the shower area is the a small sink and the toilet bowl.
There's tonnes of flies (looks similar to fruit flies) flying out of the drainage as well. Had to close the toilet door 24/7. Doubt those flies bite but it's really irritating to have them flying around while I'm trying to have some midnight snack or fruits.
(I was overall ok with the hotel due to the accessibility to the main street and the food around)

I don't know why so many people complain about the size of the rooms in HK. They clearly did not do their research about HK before they came. In HK, you get what you pay for. If you want a big, Western style hotel room, then you are going to have to shell out the big bucks. The bathroom is admittedly a bit of a shock, but it wasn't anything worth demoting the hotel's rating because of it. The staff was friendly, though they do not speak English that well; I had to draw a picture of what was wrong with my room in order for one of the receptionists to understand. The location is great; close to the Mongkok MTR station. If you are traveling straight to the hotel from the airport, make sure you have landmarks and such to help the cab driver know where it is because mine didn't and dropped me off at the wrong place! The only things I did not like about the place is 1)the wifi was spotting depending on which floor you were on. I was originally on 8, and it was fine. But when I moved to 6, I had to use the 5th floor wifi and the 7F wifi was spotty as well. 2) on 6F, whenever someone used the bathroom upstairs, I could hear the pipes. 3) The other guests were too loud at some points, but the front desk was of no help because they didn't understand what I was trying to say. Also, the staff that was in charge of cleaning the rooms would often leave their walkie-talkies on early in the morning (around 7 am) so I could hear the loud conversation going on. But all in all, the place served it's purpose and was clean. That works in my book...

As mentioned in other reviews the hotel rooms are quite small, however I didn't feel as though this made for a bad experience. Nothing really fancy about them however in a busy city like Hong Kong it would be strange if you intended to spend your entire holiday inside the hotel room, so the room size is perfect if you are going in and out. Location was ideal; close to shops, restaurants and mtr stations. The staff were friendly and were extremely helpful when asked for their help. The price is fair and I would definitely stay here again.