We checked ourselves in European hostel located inside Chungking mansions for 2840HKD for 5 nights(family room) and 280HKD for a night(single room) via Booking.com. If you want cheap accomodations, better check out the hostels in Chungking mansions. It might not be as nice and great as the hotels, but for us, since we were out all the time and we`re just inside to sleep and take a bath, the accomodation we chose was okay with us. But just be aware of the strangers around the area offering accomodations and other services. Almost all of them are Indian and the area smells Indian curry and cuisines.
Chungking Mansions: From Tsim Sha Tsui station, C1 exit, walk for 1 minute.
Avenue of the Stars: From Tsim Sha Tsui station, J4 exit, walk for 2 minutes.
Clock Tower: From Tsim Sha Tsui station, J4 exit, walk for 5 minutes.
The Peninsula: From Tsim Sha Tsui station, J6 exit.
The Heritage: From Tsim Sha Tsui station, L5 exit, walk for 2 minutes.
That`s it for now. Stay tuned for our Ngong Ping and Disneyland Hongkong in the next days. Will try to blog it ASAP! See you!