What Are Penthouses?
The word ‘penthouse’ has meant so much more than just a rooftop house. Today, it is also used when talking about high-rise apartments and the floors at their tops-the penthouse suite! In Singapore, penthouse apartments offer luxury and richness like no other property type can. Penthouses have a top-of-the-world feel and offer jaw-dropping views. They are exclusive, luxurious apartments that scream luxury! Read to find out more about penthouses in Singapore.
The Element of Novelty
Located at the top of buildings, penthouse suites offer a privileged view that’s hard to find elsewhere. The views include everything from lush canopies and shining cityscapes right down into the beautiful sea, or even all of the above! The skyline views from this property are something that you won’t find in any other home. It’s not just the view that makes this place so great. You’ll find yourself surrounded by the amazing view, all while having an amazing time with family or friends on the beautiful rooftop!
Super Penthouses in Singapore
The penthouses in Singapore are so luxurious and fancy that they even have ‘Super’ versions. Super Penthouses take things a step further. To qualify as a super penthouse, an apartment unit has to be built on top of a 1,000 feet building, and have a minimum size of 10,000 sq ft. These exclusive penthouses are the ultimate in luxury living.
Not only do you get an amazing view, but they are also typically furnished with state-of-the-art appliances and finishes, high lofty ceilings, and feature amenities. The amenities are such as a private rooftop pool, private lift access and concierge services, and many more! With such high requirements, it is not surprising that there are only 11 super penthouse properties in the world.
Penthouses in Singapore – No Restrictions Unlike Landed Properties
Landed properties in Singapore come with more advantages than just their square footage and prestigious status. The buying restrictions for landed property, namely Good Class Bungalows (GCB), require buyers to be Singaporean citizens. Penthouse apartments mark a few other boxes on ultra-high net worth (UHNW) individuals’ checklists for ultra-high net worth (UWN). In short, foreigners are allowed to buy penthouses.
The UHNW individuals have a net worth that can easily exceed $40 million. They are a group of international investors who have been investing in properties outside Asia for some time now, but they’re looking into investing in properties in Singapore.
Scarcity Makes It a Good Investment
Penthouses in Singapore are so rare and valuable because of the limited land mass. They’re even more highly sought after than other properties, which means that they continue to be an excellent investment for those looking at both residential property values as well as personal wealth preservation. Luxury penthouse properties in Singapore continue to be among the most sought-after real estate investments for local and foreign UHNW investors.
Staying in a penthouse or super penthouse is akin to living in a bungalow or villa in the sky. Besides, the penthouse is the ultimate symbol of luxurious living. With views that stretch as far away from your doorstep, you’ll be able to take in all those breathtaking cityscapes. Penthouses are a rare find and will always capture the attention of anyone who enters them.
Penthouses Recommended By Us!
If you’re looking for the best deals on top-of-the-line penthouse homes, click this link! You can find the cheapest, best deals on penthouse apartments here (below $2.5 million)!
We hope you enjoyed reading about penthouses in Singapore. Continue to read more about penthouses on our website as we continue to update you with more details. Besides, we hope that our article has helped you in one way or another!