There are a large number of budget hostels and guesthouses in Hong Kong. Most of them are situated in two buildings in the Tsim Sha Tsui area, which are extremely popular among budget travelers, Chungking Mansions and Mirador Mansion. These buildings house over 50% of all hostels that can be offered in Hong Kong, and have the excellent location on Nathan Road right opposite the MTR station, from where travelers are only minutes away from renowned shopping and tourist spots.
Also, there are a number of hostels in the following areas: Mong Kok, Jordan and Causeway Bay.
Flat A, 2/F, Kin Hing Bldg, 52-54 Argyle Street, Mong Kok, Kowloon
Yue Ka Hotel is a popular choice amongst travelers to Hong Kong, whether exploring or just passing through. The hotel's strategic location in the heart of Mong Kok provides a quick and easy access to any local point of interest. Nathan road and popular street markets are ideal for shoppers.
5/F, 99 Argyle Street, Mong Kok, Kowloon
Yue Ka Hotel Hong Kong is conveniently located in the popular Mongkok area. This ideal location for shoppers is located close to major shopping centers and restaurants within Kowloon. The hotel offers 6 guestroom; each guestroom is elegantly furnished and equipped with handy amenities.

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