What's the difference between a serviced apartment and a residence?

The main differences between serviced apartments and houses are as follows:

From the point of view of area and price, serviced apartments are basically small units, with an area of 40-80 square meters. The total price is relatively cheap and the cost is relatively low. The living area is relatively wide, ranging from tens of square meters to hundreds of square meters.

In terms of purchase restriction policy, apartment projects are not limited to purchase, and residential projects are limited to purchase;

From the cost of living, the hotel-style apartment is commercial water and electricity, the house is civil water and electricity, and the apartment is not connected with gas;

The apartment project cannot be registered, so there is no school district division;

In terms of property rights, the property rights of apartments are 40 years and 50 years, and the property rights of residential projects are 70 years.

Apartments are more expensive than residential projects;