What is a Penthouse?
A penthouse apartment is an apartment located on the top floor of a building, the building is more luxurious than a regular apartment. Penthouse apartments can be attic or not.
In architecture, the term penthouse is used to refer to a structure on the roof of a high-rise building that is surrounded by walls and does not occupy the entire roof. Realizing the potential to make a difference in the quality of life on the roof of the building, European architects took full advantage of that space to create that apartment and named it Penthouse.
Features of Penthouse apartment
The penthouse apartment is located at the top of the building with a much larger ground than a regular apartment, a private staircase (with penthouse apartment) is located right inside the apartment and has the following high-class features:
- The layout of the apartment is airy, adjacent to the air, saving power consumption for lighting (daytime) and fan or air conditioner.
- The view is spacious through the large glass panels that replace the windows.
- Minimize apartment partitions except for bathrooms and bedrooms.
- There may be a private pool, karaoke room, and private bar,...
Thereby, it can be seen that Penthouse apartments are only suitable for a few people with luxurious and rich living quality.
Criteria for evaluating a Penthouse apartment
Penthouse apartments do not have many of the same amenities. A standard Penthouse apartment must have the following elements:
- Must have a good, unobstructed view.
- There should be at least 2 connecting floors.
- Private stairs between floors are located in the apartment.
- Equipped with high-class and luxurious furniture.
- The space is limited by walls, only separating private rooms such as bedrooms and bathrooms.
Besides, in addition to the criteria for evaluating a Penthouse above, there are also some other notes outside the apartment such as:
- Location:
Penthouse apartments are located on top of apartment buildings and buildings. Therefore, the project location also contributes great value to evaluating Penthouse apartments. They should be placed in locations with good views and convenient to move near the city center.
- Security:
With high-end apartment buildings, the security system is often tight and guaranteed that strangers cannot intrude. For building residents, the smart apartment protection system with magnetic cards also helps to avoid many other risks. Besides, the Penthouse apartment is located at the top of the building, so the anti-explosion and warning system must ensure quality, and the exit door is easy to escape.
HOW TO ASSESS THE APARTMENT
The most standard way to assess the price of an apartment is based on the following factors:
Location of the project
An apartment with a beautiful, prime location is often more expensive than projects located in an unfavorable location. A beautiful location in the inner city, on large roads, with a perfect surrounding infrastructure system will be considered a golden position. Especially the location Therefore, the selling price of the apartment is also higher.
Normally, the price of an apartment will depend on the price of land on the street the apartment. According to some surveys on apartment projects when they are open for sale, the price of the apartment is about 30-40% lower than the land price.
Project progress
The construction progress of the apartment project depends on the capital and capacity of the investor. Ensuring the construction progress is extremely important to carry the suitcase into the house on time. On the other hand, progress also affects the selling price. When the work is in the early stages, the foundation is completed, and the rough construction is about 20-30% when you order an apartment, you can own it at the original price. When the project is in the rapid and stable construction stage, the selling price will be higher than the previous sale. And when the apartment is completed, the selling price compared to the first phase can range from 15-20%.
Available infrastructure
Location determines the infrastructure in the area where you live. Therefore, the experience of buying an apartment that you cannot ignore is to consider the infrastructure in the vicinity that you intend to buy, see who your neighbors are, and who will decide to come. quality of life and future property value.
Legal factors
Legal factors when buying an apartment are extremely important. Please choose apartment projects with clear purchase and sale contracts, with rough construction of over 20% or at least completed the foundation, located in areas where many apartment buildings live. However, if you have enough financial conditions, you should choose the completed apartment building as the most suitable.
Work Quality
The purchase and sale contract clearly shows the quality of the work such as the type of materials used in the construction and finishing process. You should also review and compare with other projects. Normally, apartments will be classified by class to evaluate standards such as utilities, location, planning, and elevator. In addition to the quality of the work, you should consider the quality of the interior of the apartment when handing over if the apartment is handed over with wall-mounted furniture or full furniture.
Location of the apartment in the apartment building
Apartment prices vary by floor. Apartments from floors 8-16 are always traded at a higher price than other floors. And usually high-rise floors are more popular, and original apartments are also more expensive.
Balcony direction
When buying an apartment, the factor that many people care about is the direction of the main door, the direction of the balcony, and the window ... must be suitable for the year of birth, by feng shui. Some people choose apartments with beautiful balconies, overlooking the park, garden, river, and sea… to enjoy the cool air in summer and warm in winter.
In terms of area
The selling price of apartments also increases according to the usable area. Apartments have different area designs with 1-3 bedrooms. Two-bedroom apartments with an area of 60-85m2 are the choice of many people. Apartments with an area of about 70m2 in the corner position with 2 open sides located on the 8, 9, 12, 16, and 18 floors will have a higher price.
Those are some ways to calculate and appraise apartment prices, hopefully, you will have useful information when researching apartment prices.
To be sure, you should still use Appraisal services at reputable and professional real estate appraisal companies and businesses to provide appropriate, fast, and accurate valuation tools and methods. best.
Real estate appraisal service is one of SunValues strengths. With an abundant price data warehouse, and human resources with a high level of professional experience, SunValue will provide customers with valuable information. of real estate with high reliability for each appraisal purpose.
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