We are a family of 4 (2A, 2C) - Which is the best place in terms of local commute?

You are suggested to live near Ocean Park Mtr Station. Ovolo Noho Hotel and L’hotel Island South are recommended.

Then, you can walk to the park;
Take Bus 37A to Central Market, Queen Victoria Street, and walk northeast for 10 minutes to Victoria Harbor.
Take South Island Line to Admiralty and transfer to Bus 1, get off at Peak.
Take Bus 973 to Peking Rd, Kowloon Park Drive, and walk southwest for 5 minutes to Star Ferry.