What is an apartment?

What is an apartment? Types of apartments today

  • What is an apartment?

An apartment building is a house with 2 floors or more, with many rooms, a path, stairs, a separate area, a part of common ownership and a system of shared infrastructure facilities between households. , individuals and organizations, including apartment buildings built for sale and condominiums designed with mixed use purposes for residential and business purposes.

An apartment is understood as a mixed-use building with a large number of households. In these buildings are arranged many separate rooms designed to meet the living needs of people in the apartment.

The interior of apartments is often furnished with enough or nothing and homeowners are free to choose to decorate their home according to the wishes of each family member. Condominium projects are popping up wherever there is a dense population, such as big cities, towns and industrial zones. Condominiums are usually apartments in real estate projects, also known as housing complexes.

  • Types of apartments today (What is an apartment?)

Resettlement apartment

These are apartments built with the purpose of providing accommodation for people whose houses and land have been acquired. Some households living in the cleared area will be given two options by the government. One is to be compensated for the amount and then move where they want to move. The second is moving to live in resettlement houses, a type of apartment that does not have these services.

Social housing

This is a type of apartment for low-income families or those who have worked for a long time but cannot afford to buy a house and have to rent a house to live in. To be able to buy a resettlement house, you have to do many complicated documents to prove your income. Usually, these apartments are centrally located and have a mid-range price tag. Social housing has only basic services that are not well managed. Another point is that social housing can be sold or transferred after 5-10 years of receiving the house.

Mid-range apartment

The slightly higher segment is the mid-range apartment of this type of real estate, suitable for those who are office workers with an income of less than 1000 USD per month. And they often choose to buy a house through a bank loan. With this segment, mid-range apartments are designed with more durable structures such as: 24/7 security, parking basement, commercial center, lake, green park. …. Mid-range apartments located quite far from the center have cheaper fluctuations

Luxury apartment

In the real estate fever, these apartments have a very large area, most of them over 100m2 and are designed with luxurious and high-class furniture from abroad besides a series of 5-star standard amenities. Most of these apartment projects are handed over fully furnished over 90%, which makes the selling price quite high.

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