This Penthouse In 3 Orchard By-The-Park Is A Stylish Family Haven
Featured image source: The Avenir
Penthouses are apartments or condos that are on the highest level of apartment buildings, high rises or hotels.
The main difference between a penthouse and the usual apartment is the presence of luxury features and scenic views that come with living on a higher floor.
With the urbanisation of the world in full swing, people associate penthouses as one of the more posh or prestigious pieces of real estate as compared to a large country manor like back in the day.
Five Reasons Why People Love Living in a Penthouse
As the costs of living are enormous, only the most wealthy and affluent households have the chance to live in one. This sense of exclusivity motivates people to want to own a penthouse and owns a place filled with luxury, is a constant reminder of your success and hard work, which provides a great deal of contentment within yourself.
The penthouse also symbolises high status and the challenges you have to face in order to achieve this high standard of living. It gives owners a sense of pride to live in a place as luxurious as a penthouse.
The penthouse is usually furnished with high quality and prestigious brands to enhance the comfort and class of the living space.
Additional features are included within the apartment such as a fire space, large ceiling-to-floor windows or in most cases, an elevator which opens directly into your apartment.
Other private amenities include, an indoor jacuzzi, office/den, an outdoor balcony or swimming pool. Certain places will also have a 24/7 concierge available at your service.
The idea is to have everything you need to relax and experience living to the fullest within your own penthouse.
3. Comfort and space
Despite living a land scarce country, you will have a great deal of living space. From the living room to the high-end kitchen, there will be an abundance of space to move around and display an array of paintings or furniture you might have.
The large space also makes gatherings more enjoyable if you are hosting a dinner party with friends or family.
4. Quiet and peaceful
As penthouse apartments are usually located on the top floor of a building, it offers one thing that is difficult to find in a city: less noise.
When you live so high up, you do not have to worry about upstairs neighbours stomping overhead or the cars stuck in traffic on the roads below. The peace and quiet gives you the opportunity to relax comfortably after a busy day at work.
5. Panoramic views
A benefit like no other – you will get to enjoy spectacular views on a regular basis. Your view will also not be obstructed by anything and you can enjoy and breathe it in whenever you want, just by looking through the windows or stepping out to the terrace.
Three Issues with Living in a Penthouse
1. Higher Cost
It is a lot more costly to purchase and maintain a penthouse apartment than to rent other apartments in the same building.
There are extra premiums to be paid in order to gain access to the extra features and facilities.
2. Higher risk of damage
If your penthouse is situated on the top floor, it exists right below the roof of the building.
This means that if there is a leak, your home will be more prone to the damage and the cost to repair it may fall on you instead of the building depending on the terms of the contract.
3. Outdoor spaces are not used as frequently
While one of the major benefits of living in a penthouse is a private balcony, you might not use the space as often as you think because of the excessive winds or bad weather.
However, even with all these potential issues, to be able to afford a penthouse you should already be quite well-off and these are minor inconveniences as compared to the feeling and status you achieve by living in a luxurious and high-class apartment.
Successful people who live in penthouses in Singapore
The founder of the lifestyle appliances brand Dyson, Sir James Dyson purchased the biggest penthouse in Singapore.
The penthouse has a private garden with panoramic views of the city along with a private swimming pool, pool deck, cabana, jacuzzi room, entertainment area, bar facilities and a 600-bottle wine cellar.
The co-founder of Facebook, Eduardo Saverin, also lives in a penthouse in Singapore and set a record at the time for the most expensive home to have been sold in Singapore for $60 million.
His home is equipped with facilities such as lap pools, private clubhouses and sky gardens to name a few.
Living in 3-Orchard By-The-Park
3 Orchard By-The-Park is one of the world’s most coveted and prestigious pieces of real estate.
It was designed by world renowned Italian architect and furniture designer, Antonio Citterio, who is famous for his design of the collection of Bulgari Hotels & Resorts in Bali, Beijing, Dubai, London and Milan.
The residence stands tall and proud along Singapore’s Orchard Boulevard and acts as an escape for residents from the hustle and bustle of the city.
It is the perfect balance between design and functionality, making it a stylish family haven for residents to indulge in.
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