The idea of a penthouse lifestyle was first born in New York during the 1920s. These days, the trend has gone global, appearing in many major cities like Istanbul as both permanent dwelling and luxury travel accommodation. Along with the changing status of the penthouse lifestyle trend, came a change in the type of buyers. Previously buyers were working singles or couples, with a professional job netting them a sizeable monthly income. The loft lifestyle has become an all-rounder, appealing to many walks of society if they have the cash to splash.