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News.com.au
22-05-2025
- Business
- News.com.au
World's tallest apartment building will have 154 floors — and sky-high prices to match
A new supertall structure in Brazil is set to surpass NYC's Central Park Tower as the world's tallest apartment building — and its top floor units comes with sky-high price tags. Soaring above the upscale Brazilian beach resort of Balneário Camboriú, the Senna Tower, said to be inspired by the life of Formula 1 racing legend Ayrton Senna, will rise more than 550 metres into the air — slightly higher than the Big Apple's One World Trade Center, The New York Post reports. Developers of the 154-floor project recently revealed new pricing for the tower's most exclusive residences — and the numbers are staggering. The costly complex will top out with two triplex penthouses, spanning 901 sqm apiece — each priced at a whopping $53 million. The new price tags are a dramatic leap from the original estimate of $15.92 million ($A82.5 million). The triplexes will reportedly be sold by the British auction house Sotheby's. Ayrton Senna was a three-time world racing champion widely thought of as one of the greatest drivers in history. He achieved six Monaco Grand Prix victories, but tragically died at the age of 34 — during 1994's San Marino Grand Prix. His own niece, artist Lalalli Senna, helped craft the tower's design, which is reportedly intended to symbolise the motor sports icon's journey of overcoming challenges. Senna Tower is being built to contain 228 units in total, including 204 apartments up to 400 sqm and 18 suspended 'mansions,' spanning 420 to 563 sqm. Even the tower's tiniest residences will start around $5 million ($A 7.7 million). Four duplexes, each about 600 sqm, will also be on offer. The project is a collaboration between the construction company FG Empreendimentos, the Senna family, and Brazilian retailer Havan. The estimated investment totals more than $525 million ($A818 million). Construction is expected to be completed by 2033. Senna Tower will join an already sizeable skyline in Balneário Camboriú, known as the Dubai of Brazil. Located in the state of Santa Catarina, it has a strong reputation in South America as a desirable tourist destination. And while the forthcoming project will set its share of records, the world's most expensive apartment is currently in Monaco. There, the penthouse inside the exclusive European enclave's Odeon Tower last sold for more than $335 million ($A 521 million).


NDTV
17-05-2025
- Business
- NDTV
F1 Star Inspired Building Set To Become World's Tallest Apartment Building
The crown of the world's tallest apartment building, currently held by New York City's Central Park Tower (1,550 feet), is set to be usurped by a new supertall structure in Brazil. Located in the upscale Brazilian beach resort of Balneario Camboriu, the Senna Tower is expected to be a 154-foot project, rising 1,800 feet into the air, according to a report in the New York Post. The building is inspired by the life of Brazilian Formula 1 legend Ayrton Senna, who won three world titles but tragically died at the age of 34, during the San Marino Grand Prix in 1994. FG Empreendimentos, a Santa Catarina-based company and the Senna family are behind the project, with the Brazilian racer's niece, Lalalli Senna, crafting the tower's design. "This project is the result of the coming together of two families: the Graciola family, responsible for FG Empreendimentos, and the Senna family, responsible for the legacy of Brazil's greatest idol, Ayrton Senna," read the project's joint statement. The tower is expected to house 228 units in total, including 204 apartments, measuring up to 4,300 square feet and 18 suspended 'mansions' spanning 4,520 to 6,060 square feet. Here is what the skyscraper will house: 204 apartments 18 elevated mansions Duplex penthouses Triplex penthouses Observatory Pools, market, garage club, tennis courts Shops, leisure and entertainment facilities 8 high-performing elevators THE WORLD'S TALLEST RESIDENTIAL BUILDING is under construction - not in Dubai or New York, but in Balneário Camboriú, Brazil 🇧🇷 Known as the "Dubai of Brazil" this coastal city in Santa Catarina is famous for its skyline and luxurious lifestyle. Introducing: Senna Tower 🏗️… — Paraguay Investor 🇵🇾 (@paraguay_invest) May 13, 2025 Notably, two triplex penthouses on top, spanning 9,700 square feet each, will be priced at a whopping Rs 453 crore ($53 million) each, a giant leap from the original estimate of Rs 136 crore ($15.92 million). The triplexes will be sold by the UK auction house Sotheby's. Even the tower's tiniest residences will start around Rs 42 crore ($5 million).


Hindustan Times
17-05-2025
- Business
- Hindustan Times
World's tallest apartment building will have 154 floors, living here will cost you...
A new building in Brazil is set to dethrone New York City's Central Park Tower as the world's tallest apartment building with the top floors costing as much as $53 million ( ₹453 crore). According to a New York Post report, the Senna Tower in Brazil which is said to be inspired by the life of Formula 1 racing legend Ayrton Senna, will have a height of over 1,800 feet and 154 floors. The two triplex penthouses on top, spanning 9,700 square feet each, will be priced at a staggering $53 million or ₹453 crore, a giant leap from the original estimate of $15.92 million. The triplexes will be sold by the UK auction house Sotheby's. Ayrton Senna, a three-time world racing champion, tragically died at the age of 34 during 1994's San Marino Grand Prix. His niece and artist Lalalli Senna, helped design the tower to symbolise the motor sports icon's journey. The Senna Tower will have a total of 228 units which include 204 apartments and 18 suspended 'mansions'. However, none of these will come cheap as even the tower's tiniest residences will cost around $5 million. The project is a collaboration between construction company FG Empreendimentos, Senna's family and Brazilian retailer Havan. The estimated investment totals more than $525 million with construction to be completed by 2033. Recently, a penthouse in a "supertall" skyscraper in Manhattan dubbed the world's skinniest skyscraper was put on sale for $110 million. The penthouse consists of a four-floor home or a "quadplex" spanning the 80 to 83 floors of the 1,400-foot-tall building. The building which houses the penthouse is known as the Steinway Tower and was built in 2022. It is one of the tallest skyscrapers in the West with a height-to-width ratio of 24:1.8


New York Post
16-05-2025
- Business
- New York Post
World's tallest apartment building will have 154 floors — and sky-high prices to match
A new supertall structure in Brazil is set to surpass NYC's Central Park Tower as the world's tallest apartment building — and its top floor units comes with sky-high price tags. Soaring above the upscale Brazilian beach resort of Balneário Camboriú, the Senna Tower, said to be inspired by the life of Formula 1 racing legend Ayrton Senna, will rise more than 1,800 feet into the air — slightly higher than the Big Apple's One World Trade Center. Developers of the 154-floor project recently revealed new pricing for the tower's most exclusive residences, Newsflash reported — and the numbers are staggering. 8 Balneário Camboriú has been called the 'Dubai of Brazil,' due to the skyscrapers that dot the coast line. Senna Tower will surpass all of them in both height and prices. NX 8 A glitzy rendering of the base of the Senna Tower, the design of which was inspired by the life of Formula 1 racing legend Ayrton Senna. Newsflash 8 A rendering of a Senna Tower apartment, poolside. NX The costly complex will top out with two triplex penthouses, spanning 9,700 square feet apiece — each priced at a whopping $53 million. The new price tags are a dramatic leap from the original estimate of $15.92 million. The triplexes will reportedly be sold by the British auction house Sotheby's. Ayrton Senna was a three-time world racing champion widely thought of as one of the greatest drivers in history. He achieved six Monaco Grand Prix victories, but tragically died at the age of 34 — during 1994's San Marino Grand Prix. 8 Senna Tower will surpass Central Park Tower as the world's tallest apartment block. Newsflash 8 The two $53 million triplexes with reportedly be sold by Sotheby's, but it will be a long time before they are completed. NX 8 Even the smallest units at the tower will sell for an estimated $5 million. NX 8 The ultra-modern tower will encompass 228 units in total. NX 8 Estimated investment into the tower totals more than $525 million. NX His own niece, artist Lalalli Senna, helped craft the tower's design, which is reportedly intended to symbolize the motor sports icon's journey of overcoming challenges. Senna Tower is being built to contain 228 units in total, including 204 apartments up to 4,300 square feet and 18 suspended 'mansions,' spanning 4,520 to 6,060 square feet. Even the tower's tiniest residences will start around $5 million. Four duplexes, each about 6,450 square feet, will also be on offer. The project is a collaboration between the construction company FG Empreendimentos, the Senna family, and Brazilian retailer Havan. The estimated investment totals more than $525 million. Construction is expected to be completed by 2033. Senna Tower will join an already sizeable skyline in Balneário Camboriú, known as the Dubai of Brazil. Located in the the state of Santa Catarina, it has a strong reputation in South America as a desirable tourist destination. And while the project may be setting its share of records, the world's most expensive apartment on record is in the exclusive European enclave of Monaco. There, the penthouse inside the exclusive European enclave's Odeon Tower last sold for more than $335 million.


Scottish Sun
13-05-2025
- Business
- Scottish Sun
World's tallest apartment block twice as tall as The Shard reveals EYEWATERING price of 154th floor penthouses
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) THE world's tallest apartment block has revealed the price tag of its spectacular penthouses that sit sky-high on the 154th floor. Senna Tower in Santa Catarina, Brazil will stand at 1,780ft high - nearly twice the height of the Shard. Sign up for Scottish Sun newsletter Sign up 8 Senna Tower will be 1,780ft high, nearly twice the height of the Shard Credit: Newsflash 8 The prices of the ultra-luxurious penthouses have been revealed Credit: Newsflash 8 The development is being built in Santa Catarina, Brazil Credit: Newsflash 8 Now the constructors of the ocean-side block in Balneario Camboriu have revealed the eye-watering cost of its two most luxurious residences. The block, named after Brazilian Formula 1 racing legend Ayrton Senna, will be topped by two spectacular triplex penthouses, initially estimated at an eye-watering £12 million each. Now it has emerged that the price for the for the sky scraping residences has risen to a breathtaking £40 million. Plans for the £400 million development include 228 apartments with 18 suspended mansions along with the two huge penthouses. read more news FINAL RIDE Moment world's tallest roller coaster is BLOWN UP and turned to pile of rubble Prices for the smallest apartments start at £3.7 million, with the triplex penthouses now sitting at an unbelievable £40 million. Eight ultra-speed lifts will whisk residents from floor to door in just seconds. The tower also has separate lifts to carry owners' cars to special high-rise garages. It will also have an exclusive residents-only 64,580 square feet rooftop garden and infinity pool. As well as luxury homes, the building will also contain luxury restaurants and designer shops open to the public. Engineers will use special Tunes Mass Dampers to minimise the phenomenon of building sway caused by strong winds. 8 Prices for the smallest apartments start at £3.7 million Credit: Newsflash 8 The cost of the triplex penthouses now sits at an unbelievable £40 million Credit: Newsflash 8 As well as luxury homes, the building will also contain luxury restaurants and designer shops open to the public Credit: Newsflash Senna, the three-time F1 world champion who the tower is named after, died at the 1994 San Marino Grand Prix and is one of the most beloved motor racing legends of all time. The F1 star's niece, artist Lalalli Senna, who helped create the building said its design shooting into the sky shows his fight for success as the "Journey of the Hero". Senna explained: "The Senna Tower is a work of art of monumental proportions. "A symbol that inspires us to seek to overcome our limitations in order to express what is great within us. "The tower has this architectural form precisely to symbolise this heroic trajectory of overcoming our limitations towards our ideals and the manifestation of our profound potential." The triplex penthouses will reportedly be sold through British auction house Sotheby's. The tower is set to surpass New York's Central Park Tower to become the tallest residential tower globally, with construction expected to be completed by 2033. But the penthouses have a way to go to reach the gargantuan heights of the world's most expensive apartment. That's on top of Monaco's super exclusive Odeon Tower, and it last sold for an unbelievable £253 million.