Hi Jaspy,
I stayed in Stanford b4. Hotel room is ok, but location nt so good. If you bring big luggage, it will be difficult because u need to climb a slope b4 reach hotel. Location wise, is quite far to TST area.. Unless you take MTR all e time.
If you walk, you can see alot of shops like SASA, ESPIRIT...But take u more than 30 min to reach TST (like Flower Market, Temple St, Woman St)
Are you in budget wise? If nt, you may consider Prudential Hotel located at Jordan Rd cum Jordan MTR. It's very convenient, but a little bit pricey.