New Long-Stay Serviced Apartments A Boon to Developers, A Bane for Private Landlords
HOME renters here will in future have more choices. Besides public and private homes, co-living spaces and serviced apartments with a minimum stay requirement of seven days, renters can choose a new category of accommodation: long-stay serviced apartments with a three-month minimum stay requirement.
The new long-stay serviced apartments may better meet the needs of some space users. These include foreigners who are studying or working here, and locals who may rent as a start, or are awaiting the completion of a new home or one that is undergoing renovation.
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