Peter's description is spot on, with one major element left out (I think): the flat is a 12-second stroll from Lin Heung - a Hong Kong establishment and an absolute MUST for any foodie or adventurous visitor. Lin Heung is a dim sum (yumcha) spot of the highest caliber. Everything is fresh fresh fresh and comes out fast and hot. Go early to avoid long waits and the crazy fighting over the shared tables and food; even better, go really early (like 6am, if suffering from jetlag) and sit with the locals as they and the restaurant start the day. Read up on Lin Heung before going though, as it's not a typical yumcha joint...

Back to Peter's studio. It's a bit smaller than the pictures indicate, but great for one, cozy for two. Three would be a real stretch, unless the third is small. The bed/pillows/blanket are very comfortable and the wifi is strong. Bring house slippers as the floor is cold. The bathroom set up is tiny - akin to what you'd find on a boat, but it has hot water and good water pressure. The flights of stairs are tough when carrying luggage, but entry and exit to the flat and building are keypad-easy and you absolutely cannot beat the location. You're a 5-10 min walk from everything including both the HK and Central MTR stations and the surrounding shopping areas, the bars in Lan Kwai Fong, shops/restaurants in Soho, and the fabulous/new/must see PMQ design/retail space.

You can't beat the price either. I'd definitely stay there again.