I've stayed for >1week in this hotel - nice staff (even though they speak almost no english, they were trying really hard), safe, clean even though a bit dated.
Make sure you get a room on the higher floors, then it's totally quiet and nice.
the rooms are spacious, actually almost huge - as is the bathroom. I really liked it - even though the furniture is a bit old, but mostly in a good state.
For that price, you can't beat it! it's a low 4*, but better than any 3* I've stayed in!
Transportation is ok, the metro station is only 5-7min away by foot. You can also walk to the Bund if you have 20-30min available.
Plus you get an impression on what life in Shanghai really is like, as this is not the typical down-town location ;)
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