For the size of the living space you get, its great value for Hong Kong. We were generally satisfied with the apartment and you will too if your expectations are not too high. It is located next to the fruit market, and there is a lot of activity starting from around midnight. Lots of noise (expected in urban HK) but also best access to freshest fruits available in HK. There was strong smell of dampness when we first arrived, but it had been raining non-stop for days prior, so I cannot confirm if it is a constant. It gradually went away after use of A/C and some fragrance. Overall not bad but good for the price.