Sometimes, people want a Makati apartment simply for the prestige it is implied to have. The city has a reputation for being the financial center of the Philippines, and it is no secret that properties in the prime business districts can become twice as expensive as their counterparts in other parts of the places. However, some people find that the reputation of the city is not enough, and that an additional “kick” is needed in some social circles. Fortunately, a large number of condominium and apartment buildings in the city have penthouse apartments.
Definition
In the strict architectural sense, a penthouse is a structure on the roof of the building that is distanced from the outer walls. It is commonly placed at the very top and doesn’t occupy the entire roof deck. Modern design principles often have mechanical support or features to enclose the penthouse itself. Penthouse apartments are differentiated form ordinary apartments or condo units by the luxury features and amenities available to them. The space between the penthouse structure and the outer wall is usually used for this. A number of modern high-rise buildings are designed to have multiple penthouse structures to take advantage of the market desirability of the open space.
Additional features
In a modern building, penthouse residents have access to amenities and functions that the average tenant in an apartment for rent does not have. The most basic of these extras would be a private entrance usable only by penthouse owners or tenants. In many buildings, an elevator that is dedicated for use only by them is also available. Most penthouse apartments have higher ceilings than the rest of the units, and can sometimes have two or more levels in addition to the main part of the structure. There are additional details that may be available due to the design. These can range from simple things like a terrace and larger windows to designated office space and luxury kitchens.
The cost
It is a standard rule in the real estate industry that the higher the unit, the more it costs. Penthouse apartments are not exempt from this, and they are typically the most expensive units in any given tower or complex. The various luxuries available are also added to the overall cost. The fees required are very prohibitive, and only a select clientele will be able to afford a penthouse in the most financially well-off districts.
Penthouse apartments are easily the most expensive properties in any given complex. The various luxuries and amenities set them apart from the rest of the units, and make them appealing for those who can afford them. They are a sign of prestige in various social circles and imply a great deal of purchasing power. The luxury features make them more than just status symbols and very comfortable homes.