Shanghai Peninsula Service Apartment

The service life of Shanghai Peninsula serviced apartment is 40-50 years.

Generally, the property rights of serviced apartments are commercial, and the property rights are forty or fifty years. If the property right is 70 years, it will generally be defined as residential. At present, the national purchase restriction policy is mainly aimed at residential commercial housing.

Generally speaking, serviced apartments can be divided into commercial and residential, commercial and new-generation serviced apartments. Usually, the land use period is divided into 40 years, 50 years and 70 years, including 40 years for commercial land, 50 years for industrial land and 70 years for residential land. It's just that the term of formal residential property rights is 70 years, and the term of apartment property rights is generally 40 to 50 years.