What are the advantages and disadvantages of serviced apartments?

Advantages: Cheap, unit price is cheaper than those in the same location. Advantages of serviced apartments: low total price, flexible investment. Serviced apartments are generally small in size, with an area of ??about 50 square meters. Due to the low total price, many investors are attracted by the rental returns and are enthusiastically pursuing them; space division is flexible. Since many hotel-style apartment projects are primarily designed with offices in mind, they have greater flexibility in space division than traditional apartments.

Disadvantages of serviced apartments: The large division of space on each floor increases the cost of small apartments, including reinstalling pipes (water, electricity, coal), adding fire escapes, etc.; from the demand side , due to the irregular layout of the units, the utilization rate is low.

In terms of comfort, the emergence of darkrooms affects the comfort of living life; within the control range of technical indicators, developers choose the design principle of maximizing profits, so more units are divided into limited spaces , resulting in the design of small apartments with less consideration for practicality, and their layout is closer to that of a family hotel.

From a practical point of view, a large number of people go up and down the elevator every day on and off work, making waiting extremely inconvenient.