I stayed here with my partner for a week. The Value Hotel Nice is about a half an hour walk to the nearest train station, although you are able to take a bus, my partner and I walked to the station on all but once occasion. There is a bus stop not far from the hotel which takes you into town. There are also some nice restaurants around in the street and the nearest supermarket we found was about a 10-15 minute walk away, this area also had a dry cleaners. There is a convenience store located right next to the hotel.
The front desk staff are extremely polite and helpful. They were always asking us if we needed assistance even if we were just walking through. The room was larger than we had anticipated, we expected the typical shoebox sized rooms you typically get in Asian countries, this however was fairly decent sized. Not huge, but in comparison to what we have been through in our budget hotels it was large. There was a TV and air conditioning. There is no mini fridge in the rooms, so if you plan on wanting to keep things in a fridge, no can do.
My partner got ill about 2 days in so it was handy that there was a pharmacy within walking distance.

All and all it was fine.

I found this hotel via Tripadvisor or Agoda after browsing numerous weeks for the best value deal there was in Singapore. See, I am on a budget but I do not want to share my room with backpackers or sleep in a dorm. Thankfully, I managed to find this Value Hotel Nice on Balestier, which was a godsend.

The room was located on the second floor and did not have a window, being the cheapest room available. It had a double bed, a TV with only selected channels (2 sports channel, a movie channel, and a new channel), a phone, a bathroom, coffee making machine, hairdryer, toiletries and towels. Most important thing for me is privacy and I ran around Macritchie Reservoir Park for about 2.5 hours and had no mood to share a bathroom. Was extremely happy I booked the place that I booked.

The food at Whampoa Food centre nearby was only so-so for me. The food seemed a little bland for me - that's the only downside of staying here. It is open fror Breakfast, Lunch and Dinner. There was a 'zhang' rice dumping shop that opens 24 hours downstairs of the hotel, and it had a few 7-Eleven nearby. I also spotted a Mcdonalds about 500m away. There is no restaurant attached to the hotel itself.

Wifi was free with any online booking.

In summary I will most definitely stay here again simply because I cannot find a better deal for a private room than Value Hotel Nice.

I had problems getting here via public transport so I've put down some details of directions here: http://funtimesonearth.blogspot.com/2012/06/singapore-value-hotel-nice.html