How Much Does it Cost to Own in an Iconic Landmark Building?

Dubai has the tallest building in the world, the Burj Khalifa.

Hong Kong has The Cullinan, a prestigious residential complex in the Union Square development in Kowloon Bay.

In Singapore, you’ll find the Marina Bay Residences, a premier residential building located in the heart of the city-state’s marina area.

So what do these buildings have in common?

They are all landmark buildings in a world-renowned, cosmopolitan city.

A landmark building is one that has great architectural, cultural, or historical significance. These buildings are so well known that when you mention them, people know exactly what you’re talking about. They also tend to scream opulence…luxury…and grandeur.

But how much does it cost to own in one of these iconic landmark buildings?

Well, I asked my team to dig into this world of exquisite, luxurious, ultra-expensive real estate to find out exactly how much a condo in landmark buildings like these would set you back…

Marina One Residences, Singapore
Listing Price: SG$3.16 million ($2.3 million)

Living in Singapore’s most desired location comes at a price…see the listing for this $2.3 million condo here.

Marina One Residences is an iconic luxury residential building in Singapore’s Central Business District, a coveted location in this city-state. There are over 1,000 residential units in the two 34-story towers and the Residences are part of a larger development that includes shops and restaurants. Owners in the Residences have access to a concierge service, a private dining room, a lap pool, a gym, and a putting green.

Right now, there’s a two-bed apartment for sale in Marina One Residences. It’s also got two bathrooms, a study, an open-plan kitchen/living area, and a balcony, all in just over 1,200 square feet of living space. The asking price is a cool $2.3 million.

Like with all these branded/landmark buildings, what you’re paying for is the name and the prestige that goes with it! And the incredible location in the heart of a true world city. You can see the full listing here.

The Cullinan, Hong Kong
Listing Price: HKD$35.8 million ($4.6 million)

The Union Square development is built on land reclaimed from Hong Kong’s harbor. Right now, there’s a three-bed for sale in The Cullinan development there. The price: a cool $4.6 million. See the listing here.

I mentioned The Cullinan earlier in my introduction. This huge residential complex is in Union Square, a 340-hecatre parcel of land that was reclaimed from Victoria Harbour in the 1990s. The Cullinan is made up of two towers known for luxurious apartments and stunning views of Victoria Harbour and the city skyline.

My team found a three-bed, one-bath apartment in The Cullinan. It has floor-to-ceiling windows in the living area and the bedrooms to take advantage of the views, a fully fitted kitchen, and a maids room with its own private bathroom. Building amenities include an outdoor pool, a sun bathing area, a theater, a shopping arcade, supermarket, a music room, and a games room.

To own at this prestigious address, you’ll need $4.6 million. See the full listing here.

Burj Khalifa, Dubai
Listing Price: AED 23.9 million ($6.51 million)

Want to live in the tallest building in the world? This four-bed penthouse is currently for sale. See the listing here.

The Burj Khalifa is one of the world’s most iconic buildings…and the tallest, it rises 2,716.5 feet into the Dubai sky. It has the highest number of stories of any building (163), boasts the highest occupied floor in the world, and has the highest outdoor observation deck. It’s a mixed-use building with a hotel on the lower floors. Above that are condo apartments, and the top 37 floors are corporate offices.

A four-bed, five-bath penthouse is for sale in the Burj Khalifa. It has a large living area with floor-to-ceiling windows with views of the city skyline and the Arabian Gulf. There are also two kitchens and it can come furnished or unfurnished. Residents have access to a private club, a gym and swimming pool, restaurants and coffee shops and the five-star hotel. And the complex is directly connected to Dubai Mall.

The price for this 4,500-square-foot penthouse is $6.51 million. View the full listing here.

Mandarin Oriental Residences, Barcelona, Spain
Listing Price: €8.5 million ($9.95 million)

As one of the newest landmark buildings, Barcelona’s Mandarin Oriental Residences offers pure luxury. See the listing here.

One of the newer landmark buildings on the global block is the Mandarin Oriental Residences in the heart of the Spanish city of Barcelona. It’s on the famed Passeig de Gracia avenue with its luxury shopping, world-class restaurants, and historic landmarks including Gaudí’s Casa Milà (also known as “La Pedrera”).

The Mandarin Oriental Residences is a 20-story skyscraper and is the tallest building in this up-market neighborhood. If you live here, you’ll have access to 24-hour concierge service, a state-of-the-art fitness center, massage room, an outdoor pool area with lounge areas, a common living area, and a meeting room. And each apartment comes with a parking space.

My team found this three-bed, three-bath, 2-370-square-foot apartment in the Mandarin Oriental Residences for sale right now. It has incredible views of the city, sea and the mountains and has a spacious living room, a dining room, a fully equipped kitchen, the master bedroom has a walk-in closet, and there’s also an outdoor balcony with more of those stunning views.

The listing price is $9.95 million and you’ll find more details here.

Battersea Power Station, London
Listing Price: £29.995 million ($37.97 million)

Battersea Power Station is about iconic as it gets in London…but you’ll need deep pockets for this penthouse. See the listing here.

London is full of recognizable, luxury, residential buildings…One Park Dive, Embassy Gardens, No. 1 Grosvenor Square, but one of the most iconic is Battersea Power Station.

Once a coal-fired power station in the London Borough of Wandsworth, it was decommissioned in 1983 and today the whole area is a new neighborhood of shops, bars, restaurants, leisure and entertainment venues, parks and historical spaces. There are also office spaces…Apple moved in here in 2021.

This four-bed, four-bath penthouse condo is in a section of the power station called the Boiler House. It has multiple outdoor spaces including a large terrace and an internal roof garden, a family room, a study with a balcony, two river-facing guest bedrooms suites with an integrated kitchenette and utility room. The whole apartment has underfloor heating and the very latest in smart home technology.

As you’d expect, an apartment like this, in a building as iconic as the Battersea Power Station, comes with a hefty price tag. This is currently listed for a whopping $37.97 million. You can see the full listing here.

As you can see, properties in iconic landmark buildings don’t come cheap.

But I’ve identified a new landmark building in a vibrant, growing world city that offers high-end luxury. And thanks to the special deal I’ve negotiated for my Real Estate Trend Alert group, RETA members will soon have the chance to own there at killer pricing.

This opportunity is in a landmark new community in Panama City, called Ipanema.

Panama City is a booming, cosmopolitan world city…a vibrant safe haven drawing in people and businesses from across the globe.

Ipanema is on the last prime piece of waterfront land of its type in Panama City. And it’s right next to Costa del Este, the 766-acre master-planned district successfully designed and developed to attract multinational companies and their staff to Panama.

At RETA, I do our best and most spectacular deals with developers who know how to do deals for amazing land like this.

And that’s what Alfredo Aleman has done.

A family owned this last prime piece of waterfront land but had yet to do anything with it. They were hanging on, keen to do something special. They could have gone with any old developer to throw up as many condos as possible…but that wasn’t what they wanted…

They wanted a landmark…something iconic. And they knew only one developer who could do it. Alfredo Aleman and his GLP group have built the man-made island community of Ocean Reef…they have created the incredible Santa Maria Golf and Country Club…

Developer’s render showing the new community of Ipanema in Panama City. (Renders shouldn’t be considered final, but give you a good idea.) This will be an iconic landmark in Panama City…

Ipanema will be a landmark in its design. And the planned amenities in Ipanema will be resort-level awesome. I’m talking pools, park, bistro, gym, bar, manicured beach, and more.

Yet, the RETA-only price is just nuts…from just $328,600 for a luxurious two-bed condo. I figure these condos will be worth $600,000 eight years after delivery and easily rent for $3,000 a month, long term.

Five months ago, I brought RETA members a chance to own here. Already there are already uplifts for RETA members who bought in Ipanema. For instance, RETA members were able to buy penthouses in Ipanema for $632,200. In August 2024, the developer sold the exact same penthouses albeit in a different tower for $732,150. That’s an uplift of $99,950 already!

Now, I’ve negotiated a new chance for RETA members to own here. This is incredible. With a big squeeze on in Panama City and almost nowhere for development to go, to get a new chance to own on a prime piece of waterfront land at the heart of the city next to Costa del Este is a total triumph. But there are only 15 luxury condos available…

If you’re a RETA member, you’ll be getting my full deal briefing tomorrow (Saturday, November 16).

And this RETA member-only deal will open on Wednesday, November 20, at 1 p.m. ET.

If you’re not yet a RETA member, and would like the chance to act on this opportunity, learn how you can join RETA here.

Ronan

Ronan McMahon, Founder,
Overseas Dream Home & Real Estate Trend Alert

P.S. As I say, the developer, Alfredo Aleman, has build man-made islands off the heart of Panama City, so he knows how to create iconic landmarks. Here’s what those islands look like…

Ocean Reef is an ultra-luxe community on two manmade-islands connected to the city by a causeway. This is a stunning, landmark community. Now, the developer behind it is building another landmark…on the last prime waterfront land left in Panama City.

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Transparency is important to us, so you should know that properties and development projects detailed here may be clients of Pangaea Limited, a real estate advertising company managed by Ronan McMahon and Margaret Summerfield. Should you purchase one of the properties, Pangaea may receive a fee from the property owners, real estate developers and/or real estate agents. International Living Publishing Limited along with certain marketing companies who work with Pangaea may receive a portion of that fee.

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