What kind of property type does the serviced apartment belong to?

It is two different properties: serviced apartments are residential properties, and serviced hotels are hotel properties (non-residential).

1. A serviced apartment is an apartment that provides serviced management services. It integrates multiple functions of residence, hotel and clubhouse, and has two functions of "self-use" and "investment", but its essence is still apartment.

2. Apartment hotel is a hotel suite which is set inside the hotel and exists in the form of apartment. The distinctive feature of this suite is that it is similar to an apartment, with a home pattern and good living function, with a hall, bedroom, kitchen and bathroom.