If you need a room only I can highly recommend this hotel. In case you need any service from the staff there might be better choices in Hong Kong.
WIFI is fine, tube/MRT 3-5 walking minutes, shops, McDonald's, seven/eleven near by. Clean bathroom, bed comfort OK, we were lucky and had one of the bigger rooms.
However, the staff did not even have any list to recommend a restaurant. They delivered broken equipment to the room, etc.
If you are sure that you do not need anything from the staff and do not require any service you will find a good room at a very good price. I have paid appr. 450 HKD / night for a double bed.