What does a serviced apartment mean? What's the difference between it and ordinary houses?

Serviced apartment: Literally, it is a serviced apartment. The difference between it and an ordinary house is that it can be operated as a hotel. Generally, apartments are very small, and a small room will have a kitchen and a bathroom. Most people buy serviced apartments for investment. If you can't buy it, you can entrust it to a hotel management company and give you a dividend every year. If it is the first family suite, or if you plan to live for a long time, it will be better to buy a pure residential building. Most serviced apartments are simple kitchens.