The new skyline changes the face of cities around the world. Living vertically projects us into space and the silence of great heights.
Residential buildings that exceed 200 mt high increasing worldwide and if among the top 20 tallest skyscrapers in Italy 13 are in Milan, where the Torre Solaria – with its 143 mt and 37 floors – is the highest ever, the world record is up to 432 Park Avenue, in the heart of Manhattan, with its 85 floors reaching 426 mt. Following the Princess Tower (414 mt and 101 floors) and 23 Marina (392 mt and 88 floors), both in Dubai. According to the analysis of Abitare Co., a company active in the field of real estate brokerage able to guarantee its customers personalized services, from 2010 to 2018 in the world residential buildings that exceed 200 mt increased by + 141%, with an average height of the first 20 skyscrapers in Italy of 90 mt, in Europe of 209 mt and 332 mt in the rest of the world. In short, the new skyline has really changed the face of cities across the globe, where in the last few years there have been many residential projects that have pushed the heights of skyscrapers higher and higher, with a real boom in vertical living. Of course hanging in the clouds has a considerable cost. The most
expensive in Italy are the Milanese Vertical Towers (up to € 16.500 per square meter), but someone have spent as much as € 112,000 per square meter to live in a 767 square meter attic inside 432 Park Avenue in New York: Fawaz Alhokair, a Saudi businessman active in the real estate and commerce sector in the United Kingdom, who just can’t do without a breathtaking view of Central Park. In Dubai, inside the Princess Tower, the highest residential tower in the Emirates, the prices of the top-floor penthouses (5/6 bedrooms) totally furnished with luxury materials, reach € 16,500 per square meter, while at Bangkok the good moment of the residential real estate market is confirmed with the selling prices of the Magnolias Waterfront Residences, a tower of 70 floors for over 300 meters high. Prices range from € 7,000 per square meter on the first floors up to € 12,000 of the penthouses. In Europe, the highest residential tower is the Skyland Residential Tower in Istanbul (284 mt), where, however, sales prices are among the lowest in the continent: today apartments are sold starting from € 2,200 per sqm up to a maximum of € 3,400. In Moscow, the capital’s tallest skyscraper, the Capital City Moscow Tower (274 meters), has prices ranging between € 8,000 and € 10,000 per square meter. Among the top 20 European skyscrapers, only one is in London and it is the St. George Wharf Tower, also known as the Vauxhall Tower or simply The Tower. 180 meters high, with its 50 floors it is the tallest residential building in the UK. Buying an apartment on the 40th floor costs over € 23,000 per sqm.
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