Yes you can get a similar, partial view for a couple of million. Not a 270 degree view though, specially in such a built up suburb. But I don't think they are just paying for the view. I think the building itself is attracting a high premium, as it's location.I don't know why people would want to spend so much on a penthouse though. I'm sure you can get a similar view somewhere around the harbour for $1-2 million, but $20 million just seems a little much. I think it's pretty much certain also that I probably won't ever be able to afford a house in any suburb that faces the sea in Sydney I reckon. Unless I find a magical way of getting rich or start saving now.. :\