Generally, any multi-storey residential building is called an “apartment”. However, more and more terms are being thrown about to describe what is traditionally called an apartment: condos, serviced apartment, SOHO, SOFO, SOVO and etc. This result is that terminology between apartment, condominium and serviced apartment has been distorted over the years.
A condominium is an apartment that has facilities such as a swimming pool, gymnasium, multi-purpose hall, etc. While an apartment or a condominium that is built on commercial land is differentiated with the term serviced apartment.
So, what are the differences between a condominium and a serviced apartment? Read on to find out.
