The rate is really cheap. For a single room, I just had to pay GBP17 per night. But please do not expect special treatment, this is not a hotel. For one good thing, Malaysia Hall is strategically located in Bayswater area. You can find many halal restaurants and souvenir shops around. It is also very near to two tube stations: Queensway and Bayswater. So you should not be asking for more.
Just for sleeping, this was just a perfect place for me. I had spooky encounters though, but it could just be my imagination due to my inability to sleep soundly, or I got too carried away reading the vampire novel at that time. *sigh*