If you were to ask anyone what do they mean by home, most of them would answer the same thing. It is a place where we live, laugh, and learn. You would never hear any answer how big or small their home is. They would probably describe it as something so abstract that would make you feel warm and cosy. However, you would receive a different answer if you were to ask where they want to settle in and have their good night rest. They would probably ask you back what options do they have if they were to choose. More so, they would have to consider whether they would be renting it or buy the whole place. Besides that, they would also be conflicted to choose between a service apartment and condominium in Singapore. They would ask themselves which one is a better option. Which one is worth investing for? So, if you have the same dilemma choosing between the two as your next home, reading this article can help you decide.
Let us first discuss what a service apartment is.
What Is a Serviced Apartment?
It is like an apartment. However, it has a fully furnished interior, just like a hotel room would be but with a cheaper rate. You could live here both in short-term and long-term stays, but you would still have much more money to spare.
Another thing you should know when you rent this kind of apartment in Singapore is that it provides housekeeping services. Therefore, you would not need to clean the place by yourself. You could let their staff do it on your behalf. This benefit is mostly the reason why it is the most desirable place to stay for a vacation or a business trip.
How Different Is It Compared to Condominiums?
You might not be able to tell the difference between the two since they somehow look so similar to one another. However, for you to find out what the subtle differences are, you have to look way beyond what you see. Here are the following what you need to keep an eye out for and to find out which is which.
- Unit Ownership
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- Unlike serviced apartments, condominiums have more rules to follow so tenants could co-live together in one building. So, if you are not someone who follows the rules and prefer to live the way you want it to be, it would be a good idea to get this one instead.
- Utility Charges
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- Despite how cheap serviced apartments in Singapore are, your utility bills will have commercial rates. Therefore, what you will be paying could be much more than in a residential house. However, that is not always the case. Some developers try as much as possible to negotiate the prices with utility companies. That way, their customers would be paying the lowest possible price.
- Maintenance Fees
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- Compared to condominiums, you do not have to worry so much about paying the maintenance fees in serviced apartments since some of it is covered by them. What you need to worry about is the additional maintenance you would like them to do for you on your behalf.
So, before requesting anything at all, ask if there are additional charges will be applied or not.
- Environment
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- As you might have noticed, these two have different settings. Condominiums in Singapore are more private than serviced apartments, but both have the best security personnel. The only difference in their environment is that anyone could book anytime at the latter option than the former. It means that you could check-in and out whenever you want it, unlike a condominium you have to wait for your contract to end. However, that does not mean this is available to minors.
- Allowable Population Density
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- Another difference they have is that condominiums are about units per area, while when choosing serviced apartments, you have to consider its plot ratio. This dimension measurement means condominium units are much bigger than the latter, but would still depend on its land area.
As you can see, there are a lot of things to keep an eye out for. However, if you want to know which one is worth investing in, you should consider your living situation and lifestyle. Considering these two would help you make the right decision whether you should get a serviced apartment or condominium unit.
How to Choose a Serviced Apartment?
- Accessible Location
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- Before booking a cheap serviced apartment in Singapore, you have to make sure you can reach the public transportation or commercial hub within minutes. That way, when you need to buy something, you can immediately go down and buy it without using your car if you have one.
- Offers Privacy
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- The unit they are offering to you should be sound-proofed. So, you can rest assured that no one can invade your private life. More so, you would not get distracted when someone passed by outside your door.
- Available 24/7
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- Just like a hotel, you have to make sure that the serviced apartment of your choice is open 24/7. That way, you do not have to worry about when you will check-in or not.
- Great Customer Service
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- To further reassure you that you will have a pleasant experience, make sure to read the customer reviews. It would help you find out what you can expect from them,
Now that you know their differences, would you still hesitate not to get a serviced apartment in Singapore even for just a week long-term stay? If you are interested and looking where you can book one, then feel free to check Great World Serviced Apartments.
Visit their website today and find out more what amenities you can enjoy once you rent their serviced apartments.
