Most hostels I've stayed in had squeaky off-the-shelf metal bunk beds for their communal rooms. The bed arrangement in the photo looks closer to a capsule hotel.
I’ve stayed at Podshare, a similar concept, and it was way better than the metal bunk beds.
I always got the top bunk somehow, and felt like I was causing a 5.0 earthquake below.
This just looks like a hostel to me that's amenable to long-term residents. Nothing out of the ordinary about the bed setup compared to other hostels.
Actually I’ve done hostels like that ^^ but they were on the lower end. Usually nicer hostels (like in Korea) have a curtain for privacy. I guess it’s all over the place.