QUOTE(NikAriff @ Jun 19 2015, 08:29 AM)
Basically all Mix Development is by nature are Service Apartment anything that build upon a commercial land falls under that category,is a recent trend by developer who are building condominium on commercial land or above shopping centers have being using term like Service Residence, Service Suite etc to market their property, it is just a marketing term which is misleading, under the present legislation, service apartments and condominiums adjoining shopping malls fall outside the category of residence.
According to National Property Information Center(NAPIC) report under section 3 The Housing Development (Control and Licensing) Act 1966 (as amended 2002):
1)serviced apartments which is defined as short-term accommodation either owned by an individual as a second home, as corporate housing or as an investment that maybe run as a hotel.
2) The owner may occupy the unit himself or elect a management company to rent the unit on a daily, weekly, monthly, yearly or timesharing basis.
I agree with you up to here
So by law it is legal to rent out their apartment on daily basis and renting out apartment run by individual owners are consider residential use not commercial use where by commercial use is running a laundry, office or mini market etc.
Hope this clarify your question.
It's this conclusion which I disagree.
The custom document clearly states out that short term stay or daily use is commercial use.
Only long term stay ( eg yearly contract ) in serviced apartment is considered residential use.
Then the question is who to decide whether short term stay is allowed or disallowed ?
The law allows serviced apartment to be used both for short term and long term stay. But I think typically the management office for long term stay they disallow owner run short term stay in it.