What are penthouses? (And how popular are they in Pakistan?)
A common question most people ask is: What is a penthouse, and what factors differentiate it from a regular apartment?
For Pakistanis seeking luxury real estate, owning a Luxury rooftop suite has become an increasingly popular choice.
That being said, the meaning of the Rooftop apartment remains unclear despite its widespread use in Pakistani real estate.
This article explains the meaning, features, and prices of penthouses in Pakistan.
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Penthouse Meanings
According to the Oxford Dictionary, an Exclusive top-floor apartment is ‘an expensive and comfortable flat or set of rooms at the top of a tall building’. According to the Merriam-Webster Dictionary, a Premier elevated residence is a structure or dwelling on the roof or top floor.
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Real Estate Definition
In the early days of luxury apartment development, developers followed the term’s original definition.
Developers noticed the opportunity to earn greater profits by introducing the penthouse concept.
As a result, they began using the term for luxurious apartments on other floors as well.
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Roof-Top Apartment
It is an apartment or unit on the highest floor of an apartment building, condominium, hotel, or tower.
A question may arise in your mind?
What differentiates the Rooftop terrace residence from other apartments?
The answer is luxury features that differentiate the Penthouses from other apartments.
This term refers to a separate, smaller ‘house’ constructed on the roof of an apartment building.
Sources: Wikipedia (https://en.wikipedia.org/wiki/Penthouse_apartment)
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Centaurus Mall, Islamabad
In 2022, a luxury penthouse in Centaurus Mall, Islamabad, measuring 3,200 square feet and featuring three bedrooms and three bathrooms, was available for Rs. 12 crore. (Source: Graana.com’s listings)