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A classic example of class based architecture.
Notice how nearly every single one of the balcony's is overlooked by the one above? Think about what that actually results in.
Have you not noticed how typically a more classic balcony can't be spied on or even easily observed by the balcony's directly overhead? It's more private.
Instead however, these balconies throw that away. For the large chunk of your given space you are exposed to all of the balconies above you. Not even just your 1 neighbor up, but their neighbor, that neighbor's neighbor, you're in total observational view of everyone "above" you, but you cant see them.
So the person at the very top can sit and watch everyone below in total privacy, while the person at around the halfway mark is on total display to everyone all the way up.
Only when you hit around the halfway mark does this issue go away, its very odd design.
Hope you aren't someone who likes to suntan in piece in the comfort of your own property...
It looks like individual balconies are on the flat sides of the building.