As far as I stay there it is safe, indeed an old building, as the name implies. for complete facilities, there is air conditioning, fan, toiletress, towels, blankets. But there is a deposit of 50 rm (yesterday because of low cash, I negotiated with the rupiah of 200 thousand), (Allowed hehe) and tax 10Rm in addition. But worth it according to price. the location is close to komtar, so delicious everywhere there are free paint buses and gamma gama supermarkets that are cheap for buying souvenirs, there is a top komtar also if you want to see the penang from a height, cheap eating places are also close. Try various kinds of breakfast with Indian bread.