Maintenance cost is to cover building and facilities maintenance.

Most of the time, people buy service apartment is due to convenience and lifestyle because service apartment mostly located in the city center itself.

It is generally safer to live in a service apartment due to its security but many new landed project these days include fully gated and guarded facility which you would need to pay for the monthly maintenance as well.

New landed project is mostly outskirt hence some may not prefer the distance and the costs needed to travel to cities and workplace.

Overall, there is nothing to regret about buying a freehold service apartment situated in the city itself and you need not to worry about property appreciation because the property will appreciate overtime due to the limited land within the city itself.

However, if you bought service apartment located in the outskirt then you might worry in terms of property value and the long term costs travelling costs.

This post has been edited by holypredator: Dec 2 2019, 10:55 PM

You need to study more about property.

Those are service residence units of the hotel building. They are units owned by individual buyers and normally are above the hotel units.

These units ARE NOT serviced by the hotels staff. They are allowed to use the same facilities in the hotel building but the hotel cleaners, bellboy and receptionist/concierge does not form part and parcel of your unit bought, meaning to say they will not do housekeeping for you or handle airBnB for you.

However, there are some that allows you to do pay-per clean service, meaning to say they will help you to do housekeeping if you request and they will charge you a fee each time they clean for you (and it is normally more expensive than you getting a part time maid).

For any other service apartment that are not built on a hotel building, they function just like a condo except they have either a mall/shops on the lower ground floor or within close proximity. They are allowed to convert their utilities to residential rate.

The maintenance costs are like condo, which is to pay for security, facilities maintenance etc.

Serviced apartment in Malaysia is basically building a residential building on a commercial land. They normally need to fulfill the commercial requirement by building shops or commercial units at the bottom floors.

Quit Rent = Cukai Pintu in the Malay language

All owners of landed property and also strata titled property needs to pay quit rent.

Utility rates for serviced apartments are commercial by default but can be changed to residential upon appeal. However, as far as I know, only the electricity bill can convert but I heard some projects are able to convert the water bill as well.

Maintenance fee basically covers your facility, building and security maintenance.

Please get a better understanding about how the property market works before commenting.

This post has been edited by holypredator: Dec 2 2019, 11:32 PM

Which is?

Pavilion residences also don't have 2.50 psf.... are you sure you know what you are talking about? That is RM2,500 for a 1k psf unit every month!

Average service apartment maintenance fee is about RM0.35 to RM0.50 depending on density and facilities. Those RM0.6 to RM0.8 normally they throw in a lot of extra services like Seputeh Avara project which includes shuttle service to Mid Valley.