We stayed at Me Mates Villa in a 6 bed dorm with private bathroom for $4US/ $5.20 without breakfast. Breakfast, lunch and dinner could all be purchased from the menu at the bar with prices ranging from $3 – $6US (we tried their wraps and burgers and would recommend them)
The rooms themselves where small and not much room in-between bunks. They offered large lockers to store your big bags as there was hardly any floor space. The bed were comfy but offered no individual lamps or power sockets which was inconvenient. The common area was ok, but had no air con and would get quite warm and crowded. Location was great, within walking distance to most restaurants and bars and the water front.