hmm..how cheap is that?
I have stayed in one hostel...NT3000 for 1 week, got own room but shared bathroom, or NT$3300 with private bathroom. Cannot expect too much for that price, but pple are mostly angmo who teach english in Taiwan, so they stay there for months and all know each other very well. On average only S$20 per night, and I stayed there for 10 days last time, and the building also can withstand earthquake as i experienced that last time.
what i like most is that the MRT station is less than 50m away, few stations away from world trade center only