Alan C.
Yelp
I was looking for a place to stay in Hong Kong for the week, and I did *NOT* want to stay in Chungking mansions. I found Yesinn YMT, and I was *extremely* happy. I got a private room for right around $50 a night, which is *AMAZING* for this part of Hong Kong.
The hostel is an easy less than 5 minute walk from the Yau Ma Tei subway station, right off of Nathan Road. When I checked in, I liked the look of the common room. Plenty of places to sit and relax, and also a computer if you need to use one. They also have bottled water and other beverages to sell. Everyone I interacted with the week I was there was fantastic. Anything I needed to find, I could find in the immediate neighborhood, and they showed me exactly where it was on a map. I also needed to print up a couple of emails for tours I was taking, and they printed those out for me also. There is also Wi-Fi throughout the building, which was fast enough for me to stream video with, even using a VPN for security. I was on a higher floor, and still had no problem with it.
The hostel/guesthouse is in one highrise building. For security purposes, you press your room key up against a sensor in the elevator, and it will give you only access to the floor you are staying on. The room was very small, but again, for what I was paying for a private room in Hong Kong, it was perfect. The room had a bed, a small bathroom, and a TV. I was living out of my suitcase for the week, but there was plenty of space to put my gear and still move around. My TV did not work the first day or so, but as soon as they could get a technician in, they couldn't get it to work, so they just replaced the whole TV. There was also 2 different places to plug in my voltage converter, so I could keep my electronics charged. I told them that they did not need to send someone up to replace my towel or fold my comforter every day, but they did anyway. i thought that was a nice touch.
As for the neighborhood, as I mentioned, it is close to the Subway which, combined with the bus, and ferry systems, will get you almost anywhere in town. There is an express bus to and from the airport that runs on Nathan Road just a block and a half away. There are tons of local restaurants in the neighborhood, where you can find all sorts of food, from standard, to very , um, "adventurous". (I *actually* found the duck tongue in soy sauce very tasty. I learned that duck tongues have bones. I didn't get to try the snake soup at another spot, though. :) )
Right outside the front door is the Temple Street Night Market, where you can find just about anything you are looking for. Be prepared to haggle, and you will find some great deals.
Overall, a great place to stay run by great people. However, there is one important rule to follow, especially if you are staying in the dorms. (See picture.)