KEY POINTS:
Inside the luxurious Sentinel penthouse, towering 120m over Takapuna, it is wall to wall luxury.
With the $11.25 million price tag comes handwoven Indian carpet costing $1000 per square metre and an outdoor lap-pool, spa and shower.
The owner, Singapore-based businessman Mike Panjwani, has yet to move anybody in. But when he does, they'll be treated to the services of a 24-hour concierge team catering for every whim, from a personal chef to party planning.
Stephanie Kelland, New Zealand residential and projects manager for CB Richard Ellis, a Sydney-based firm setting up a residential branch in Auckland, says the past five years have seen a big boom in the luxury penthouse market. It is common for the flashest pads to be sold from the plans, not just to investors looking for a quick profit, but increasingly to retiring businessmen after a low-maintenance home right in the city.
