To be honest, I’ve had this problem as well. I was always confused about what’s the difference between a condo and an apartment. Well, after extensive research, I’m here to offer my help. But before that, if you’re looking to get yourself a nice piece of property to settle down in, then check out the residences in Puchong South. So, let’s begin. 

Ownership 

The ownership of an apartment differs from that of a condo since in an apartment complex, the entire building is often owned by one person. You’ll either interact with them or deal with a management company that manages the entire building’s tenants. Most tenants occupy the majority of apartments in an apartment complex, so you’ll have a lot in common with your neighbours.

Condominium units differ from apartments in terms of ownership because each condo is normally owned by a single person. The common amenities of a condo building are shared by all of the residents, but the individual units are kept separate.

Maintenance 

If you have a maintenance crew that is quick to respond, your problem will be fixed quickly.  This is a significant benefit for apartment residents compared to those condo dwellers. On the other hand, the amount of restrictions for repairs in an apartment is a disadvantage of apartment maintenance. If something breaks and needs to be replaced, you won’t be able to replace the faucet or appliance yourself. To keep a similar aesthetic throughout the apartment complex, your property manager will have certain criteria to adhere to. This could mean reporting maintenance concerns that you would normally manage yourself. 

Each condo owner is responsible for their own maintenance. While they may be able to respond to your difficulties more quickly because they aren’t responsible for an entire building of units, they may also take longer because they must find an independent vendor to do repairs. The homeowner’s association is frequently in charge of overseeing maintenance in any communal facilities. If you have something to report, you should contact them because they’ll have systems in place for dealing with such concerns.

Rental Policy

A property manager is in charge of enforcing all of the apartment’s rules. They’ll also deal with any issues that arise. Every apartment is subject to the same laws, which include noise limitations, pet or guest policies, and the requirement to have renters insurance. It’s possible that you’ll be prohibited from painting or putting holes in the walls. Failure to adhere to these guidelines can result in harsh consequences.

The restrictions for common areas in a condo are established by the HOA standards. They’re frequently identical to those seen in an apartment complex. The condo association’s covenants, conditions, and restrictions, or CC&Rs, contain specifics. Even though you’re only a student renter, you’re required to obey these rules, so make sure you have a copy when you move in. Any extra rules that apply to the unit will be determined by the owner and may vary from unit to unit. Make sure you read your lease thoroughly because you can end up with a tighter property owner with additional requirements.