Service Apartments

Posted on 5:35 PM | By Smart Wealth Advisory | In

A service apartment is very similar to hotels but the only thing is you can own or rent a unit of service apartment. It is furnished and provides facilities for daily use. It is also designed for short term stays and is cheaper than hotel rooms.

Since the beginning of the boom in cheap international travel, there has been a rise in the interest in service apartment instead of hotel for short stays. Service apartments are basically like condominiums with services included.

They are usually located in commercial districts. It is said that they are not regarded as residential properties hence they are not covered by the Housing Development (Control and Licensing) Act 1996.

The Ascott and Micasa Service Apartment near KLCC are some of the famous service apartment available in Kuala Lumpur.

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