Apartment Choice

More developers are finding 1970s “hippie-inspired” amenities—with high-end twists—to be more appealing for younger generations buying into upscale apartments or condos, The New York Times reports.  For example, a luxury rental complex on Staten Island in New York, called Urby Staten Island , features a communal kitchen, a 5,000-square- foot urban farm , a 20-hive apiary (tended by farmers and beekeepers), and kombucha workshops. Developers in other complexes are adding yoga and meditation studios, bike shares, infrared saunas, and even adult treehouses. At Pierhouse, a Toll Brothers City Living condo  in Brooklyn, N.Y., every kitchen has an in-unit composter. “We had large kitchens and a lot of the units have outdoor space, so we thought people could compost in their kitchen and go right out to their garden,” David von Spreckelsen , the president of Toll Brothers City Living division , told The New York Times . The roof garden can also be a lure to many renters and condo buyers toda...

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(Sea view from the private rooftop pool of a six-bedroom penthouse at Cape Royale in Sentosa Cove. Photo: Ho Bee Land) Expensive as they may be, the new generation of penthouses on sale here are gaining a lot of traction with property buyers. But just how much does a penthouse cost today and what are the attractions to living in one? Over in prime district 10, Sun Tongyu, co-founder of Alibaba, paid $51 million for the sole penthouse spread across 13,573 square feet on the top two levels of Wing Tai's freehold Le Nouvel Ardmore two years ago - the biggest amount paid for a penthouse in Singapore at the time. SC Global Developments recently smashed that record when it sold the 10, 300 sq ft super penthouse at Sculptura Ardmore for more than S$60 million or in excess of S$6,000 per square foot. The luxury residential developer could set another record when it finds a buyer for the 17, 642 sq ft penthouse on the top three levels - 23, 24 and 25 - in the Signature Tower at Th...