This is not an advert, its a recommendation. Stayed here a few times and found it to be a great bargain little place.
Great place for backpackers and travelling bikers (keep your bike inside) on a budget. Its clean, comfortable, safe, the rooms are basic. You do have an option of a/c or fan. Communual showers/toilets (clean).
Reading area, free internet, coffee or beers, good advice on Georgetown/Penang. DVD in common room etc.
Its in Love Lane (next to the National Museum) just in between Chulia Street.
What do you want for 5 GBP a night ........ and thats a double room !
Very handy for the Hong Kong Bar too !