Location: This is probably their best selling point. Very near Chinatown MRT (exit E, less than 5 minutes walk), so it's accessible to anywhere. Also, if you're one not to shy away from walking, you can walk to Tanjong Pagar for food (15-20 minutes). Raffles Place too.
Cleanliness: Can be improved. Overall cleanliness is fairly OK. The bed and toilet were clean. However the bedsheet had a hole in it (please consider changing to new ones). Found a tiny baby cockroach in my room on my last night there... which was the main reason I lowered my rating.
Design: It's minimalistic, and the black-white dramatic feel was rather dumbed down. I spend most of my time outside though, so room design is not important to me. I had a room with windows overlooking the outside. However since the rooms were not high up, people from the outside / opposite building will be able to see in. So I had to keep my blinds down most of the time. And the bathroom is rather dark at night.
Noise: It can get noisy at night due to the eateries in the street and in the early morning as there was some renovation going on nearby. Anyhow, I can fall asleep fairly easily and wake up around 7am regardless. So it was less of an issue for me. But if you have problems sleeping with noise and love sleeping in, this would not be the place for you.
Service: Check-in and check-out were smooth. Staff was courteous. Free bottles of water were given daily (super plus point).
Price: It's cheap for an accommodation in Singapore.