Wealthy South Africa are turning to penthouses due to the luxurious lifestyle they offer.
“Added to this is privacy as penthouses are quieter than other apartments because they are further from the street noise below and never come with upstairs neighbours,” Horne said. Penthouse real estate also goes beyond the grandeur of a lavish lifestyle, with penthouses selling for higher prices compared to apartments in the same building or surrounding area.
She added that penthouses are desired by affluent downsizers looking for an easy lock-up-and-leave house.
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