What does serviced residence mean?
Serviced residences are convenient apartment lots that are often fully furnished, equipped with hotel-like facilities and housekeeping services. Also known as serviced apartments and serviced suites in Malaysia, serviced residences are usually in areas where essential amenities are only a stone’s throw away.
Is it good to invest in serviced apartments?
At present, investment in residential properties is more for capital appreciation than rental income. Serviced apartments can become a popular option for generating higher rental income from value-added services, when professional property management companies start offering services and funding guests.
Can you cook in a serviced apartment?
One of the greatest attributes of a serviced apartment is the kitchen facilities. Ovens and microwaves allow you to cook what you want, when you want, in the comfort of your own property – a feature rarely found in hotels.
Are serviced apartments residential or commercial?
1) Serviced apartments are not residential-titled Serviced apartments may go by many names, but they’re all high-rise residential buildings built on commercial land.
Do serviced apartments provide towels?
Stay in a serviced apartment and get a fully equipped kitchen, living room, bedroom, and bathroom for the same price as a hotel. From tea towels to teaspoons, toasters to toiletries our apartments provide it all.
What can I cook in a serviced apartment?
Veggie and Vegan Friendly
- Chickpea Curry. Try something new while staying in your serviced apartment.
- Lentil Spaghetti Bolognese. Put a twist on a classic!
- Vegan Cake. It’s vegan?
- Vegan Banana Pancakes. Indulge in a stack of banana pancakes.
- Salted Turtle Overnight Oats.
- Shrimp-Feta Cobb Salad.
- Chicken Pot Pies.
- Mac and Cheese.
What are managed residences?
Managed Residential Community means a community registered with the Connecticut Department of Public Health in order to provide certain assisted living services to residents in their residences.