Also in HK with US N900 with same problem. Preloaded maps (twice) and still wrong. Also, satellite mode (google earth type view) and street mode don't match each other.

To summarize
- Street view the location is off, to the NW of actual
- Satellite view the location is off, almost due W.

Since mkleung found google maps with geolocation there must be some errors in the map sync to the supplied data from the gps module.

Doug