Hit and miss - certainly not 'luxury'. The place was as it looked in photos, however, most of the building is under renovation. If you enjoy being woken by the sounds and vibrations of power tools each morning, this is the place for you. We stayed four nights and the two small bins were not emptied in that time (if your pipes can't handle toilet paper, at least empty the bathroom bin every other day!). We also only received one toilet roll for that four-night stay. Throughout the day, the bathroom constantly smelt of cigarette smoke and sewerage, perhaps coming through the vents from workers on other floors? Fix a few of these issues, and it wouldn't be so bad.
On the upside, there are lots of good restaurants, cafes and bars in the area (try the restaurant downstairs. The grilled fish is excellent!).