Insuring a house or apartment: what's the...
When it comes to choosing an insurance policy for your apartment or house, it’s rarely a case of one-size-fits-all. While apartment complexes and houses often exist side-by-side, there are...
An apartment is a self-contained living unit within a larger building or complex.
An apartment is a self-contained living unit within a larger building or complex. It's a private residence where individuals or families live, varying in size and layout, from small studios with a combined living and sleeping area to larger units with multiple bedrooms, bathrooms, a kitchen, and other living spaces.
A studio apartment is a small living space where everything - your bedroom, living room, and kitchen - is combined into one room.
Excluding the bathroom, it’s one open space with a compact living arrangement designed for individuals or couples who prefer a minimalist lifestyle or need a smaller, more affordable place to live.
Owners of properties within strata-titled buildings, such as apartments or townhouses typically have to pay strata levies.
These levies contribute to the maintenance and management of common areas and shared facilities in the building or complex.
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