This place is a great option if you want to stay out of craziness of the main tourist areas. There are 3 train stations, one bus exchange and one ferry terminal within easy walking distance. Lots of eateries, shops and supermarkets close by. There are buses right outside the door to get into town.
The apartment is small as expected but spacious for HK. We enjoyed having separate bedrooms for a price much better than the typical hotel room cost. The views were really great, and we watched the New Years Eve fireworks (such as they were) and the light and sound show from the room. When we had dust issues with our first room, they moved us to another room promptly.
As others have noted, the length of the beds is not 'western sized' but none of us are over 6 ft so was not an issue for us.
Cleanliness and amenities were great and we had the room serviced during our stay of 4 nights which was an unexpected bonus.