My friends and I stayed here for one night. It's about 20 min from the white temple, and 3-4 min from the city centre. There's not much around the hostel, so we took a tuk-tuk to get to the night market (4 min to city centre). The city centre (in front of the bus station) is so lively at night, we've got to see some dance shows while we were having dinner. Food in Chiang Rai was amazing, and all the food stalls look so clean and neat (the street food in this place is so different from any other place in Thailand). The hostel is in a good condition, I mean, you get what you pay for, and being that the prices for this hostel are very affordable, what you get is above the expectations.
One more thing, not so many people in Chiang Rai understand english, but the chick at the front desk (I think her name was Thai), speaks very good English, so she gave us some good recommendations about what to do in Chiang Rai during our stay.