This place is good value for money.
It is far away from everything (about one kilometer to the first diners and two kilometers to the city center itself) but it is also silent. The rooms are huge and you won’t get that claustrophobic feeling found most hostels. There is hot water, the Internet works most of the time, depending in what room you are (hint: get the room closest to the reception, that has the best coverage).
The beds are comfortable and it is a relaxed atmosphere. The staff is friendly and respectful. You also get a towel if you have none.
It’s not the best hostel I’ve been but for Puerto Princesa it is more than good enough. The only major downside is that you will have to walk daily or take a tricycle but if you want peace and quiet, this is an advantage, not a disadvantage.