Not everyone who visits Singapore comes for a vacation. Business travelers and ex-pats make up a sizable portion of tourists who come to our city for brief or long stays, as well as a variety of other timeframes. When it comes to housing, hotels aren’t always the best option, which is where serviced apartments come in. All of the accommodations and basic amenities of a hotel are combined with the layout and amenities of an apartment in a serviced apartment. Serviced apartments in Singapore are primarily targeted at business professionals, but they also have the added benefit of being a staycation option. They are built to adapt to people staying in a place for an extended period or those making the transition between residences.
Whatever your housing requirements are, Singapore has a wide range of serviced apartments to choose from.
How do these apartments come in handy?
A serviced apartment combines the advantages of a hotel room, such as cleaning, fully equipped rooms, and concierge services, with the upsides of an apartment, such as a kitchen, living room, and workspace. However, there are mainly two serviced apartment contract models.
Long-term lease
This concept allows the pilot to rent out the apartment for short or long moments and operate it similarly to a hotel room. In this concept, the apartment is not used as a residence by the owner, but rather as a rental home.
Lease for a limited period
A short-term lease enables individuals to use the house on an as-needed basis, while the operator can rent it out for short-term stays when the owner is not using it. This is frequently the case with resort properties, where the owner may use the property as a vacation rental while allowing the operator to rent it out for the rest of the year.
best serviced apartment in singapore for brief & medium duration of stay, and the apartments are often individually owned who sublet them back to the provider for use as lodging. The agreement between the estate’s owner and the property’s operator can take a variety of forms for serviced apartment owners.
