Returned to Hotel Transit for a two-night stay recently. My comments about the hotel are as follows :
(1) Location : The hotel is a good option to consider if your main interest is to visit Petaling Street in view that the latter can be easily reached by walking. However, there is a notable distance between here and the Bukit Bintang tourist area if you wish to visit Pavilion, Sungei Wang Plaza / Plaza Low Yat, Berjaya Times Square.
(2) Facilities : The room is compact and comfortable, and the amenities are basic. There are convenient stores nearby (99 Speed Mart, KK Super Mart) for visitors to pick up additional items, food and snacks. There is a self-service launderette close to the hotel for your laundry need.
(3) Food & drink : The hotel does not offer breakfast. There are a number of eateries / restaurants nearby, and plenty more options in Jalan Sultan / Petaling Streets albeit a bit of walking is needed to reach the places.
Overall, I think Hotel Transit is good value-for-money option for a short period of stay.