It is located between 佐惇 station and 油麻地 station on MTR. (It is closer to 油麻地 station)
The bus stop for the airport is also very convenient.
Movement by subway, bus is also very convenient place.
Temple Street, Night Market, Morning Market, Jade Market is near, you can enjoy at any time.
And cheap meals are many in the neighborhood.
Souvenirs are convenient for 裕華國産百貨.
Everyone is friendly.
Very clean and comfortable accommodation.
I had really bad experiences while searching hostels or hotels in HongKong. We stayed 3 nights in this hotel in one of the highest seasons of the year, New Year. The price was not the best but we didnt have many options so we tried it. For our surprise, the staff and the room where really good. I cannot say this is a luxury option but if offers you what you need in a clean environment. I had stayed in many different hostels in HK and this one is good for your what you paid. I tried other places with nice pictures but the reality was the opposite.
Remember, its not luxury or offers you a lot of commodities but it offer you a good place if you plan a short stay at HK. The area is ok and has some dinning and shopping options. The hostel is just at Nathan Road.
I will recommend it if you want something simple that worth your money.