They were bungalows in the sky once; now penthouses can be smaller than 800 sq ft
Mention penthouses and one immediately thinks of big, luxurious bungalows in the sky, with wraparound views and a multimillion-dollar price tag.
But these days they can be as small as 800 sq ft or less.
These penthouses have come on the market along with mostly yet-to-be-completed developments featuring ‘mickey mouse’ apartments of 500 sq ft or less.
There is no market data on the number of these small penthouses but a survey of some recent projects with small units shows they are not uncommon.
At the recently released five- storey, 40-unit City Loft project near Farrer Park MRT station, the two-bedroom penthouses are 743 to 904 sq ft in size.
Another recent launch Suites@Guillemard – with units as small as 258 sq ft – has penthouses of 797 to 1109 sq ft. Some sales were done around a median level of $1,250 psf.
At the 114-unit Siglap V, penthouses come as small as 760 sq ft and go up to 1,300 sq ft. This yet-to-be-launched project opposite Siglap Centre otherwise offers units starting from 380 to 730 sq ft.
Kembangan Suites also has small penthouses that come with private jacuzzis. The smallest, at 635 sq ft, includes a roof terrace that looks similar to the size of the private jacuzzi.
The project’s 60 units were sold for $775 to $1,097 psf in March.
These penthouses of around 700 to 780 sq ft may appear to be as big as a three-room HDB flat – HDB’s new build-to-order project Fernvale Palms, for instance, offers three- room units of about 721 sq ft – but they have less usable space. Continue reading
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