Sheikh shells out £100m for London’s most expensive flat

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lim f(x) = f(a)
x ---> a

Registered: Jun 2004
Location: edge city

Sheikh shells out £100m for London’s most expensive flat

quote:
Sheikh Hamad, the Foreign Minister of the Gulf State of Qatar, is behind the purchase of a £100 million penthouse home overlooking Hyde Park, the most expensive flat in London, The Times has learnt.

The apartment is the biggest of 86 luxury flats in the ambitious One Hyde Park scheme, which is almost two years from completion.

A quarter of the flats in the building designed by Richard Rogers have been sold off-plan in the past few weeks, sources close to the scheme said.

It is thought that each flat is fitted with bullet-resistant walls and windows. There is underground parking for 115 vehicles and private lifts direct to each residence The site will also have an underground passage to the near-by Mandarin Oriental hotel, where 36 staff will be on hand to cater to residents’ needs.

http://property.timesonline.co.uk/t...icle1577451.ece

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May-10-2007 17:59 United States

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lim f(x) = f(a)
x ---> a

Registered: Jun 2004
Location: edge city

quote:
The proximity to the worlds top business centers and a wonderful quality of life has made London the most expensive city for luxury real estate. And since they learned to cook, everyone wants to live there.

Prime residential property in London now costs around 1,200 pounds ($2,300) per square foot, compared to 1,000 pounds ($1,900) in New York, according to CB Richard Ellis Hamptons International.
And the so-called ?super prime properties? in London are going for up to 3,000 pounds ($5,715) per square foot, compared with 2,700 pounds ($5,100) per square foot in New York.
?In terms of time zones and location, London is the most attractive place to be,? said Liam Bailey, head of residential research at the Knight Frank real estate agency.

Prices for central London homes worth more than 1.5 million pounds ($2.9 million) climbed 21 percent for the year ended Aug. 31, according to Knight Frank.
Foreign buyers own 51 percent of the 2 million-pound-plus ($3.8 million) market in London, Knight Frank research shows, compared to 34 percent of the equivalent market in New York and 27 percent in Paris.

London Real Estate Worlds Most Expensive

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May-10-2007 18:01 United States

Frenchie
life in technocolor

Registered: Feb 2006
Location: Intergalactic Planetary

The pic in your second post looks alike a regular run of the mill town house, nothing special.
Now the first pic you posted looks nuts. Looks like it has gigantic windows.

May-10-2007 18:11 Canada

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lim f(x) = f(a)
x ---> a

Registered: Jun 2004
Location: edge city

quote:
Originally posted by Frenchie
The pic in your second post looks alike a regular run of the mill town house, nothing special.
Now the first pic you posted looks nuts. Looks like it has gigantic windows.

once you're old enough you'll understand it's all about

location, location, location...

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May-10-2007 18:15 United States

Halcyon+On+On
Liebchen

Registered: Sep 2004
Location: midcoast

Yeah, Frenchie - you youngin'!

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May-10-2007 18:28

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Frenchie
life in technocolor

Registered: Feb 2006
Location: Intergalactic Planetary

You're kidding, right?

May-10-2007 18:31 Canada

Psy-T
Melody Klein

Registered: Jan 2003
Location: Haifa

quote:
Originally posted by lim f(x) = f(a)
once you're old enough you'll understand it's all about

location, location, location...

in that case, wouldn't posting a map drawing portray the prestige better than the picture?

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Psy-T - Down The Rabbit Hole (400minute long acid set)

May-10-2007 18:34 Israel

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lim f(x) = f(a)
x ---> a

Registered: Jun 2004
Location: edge city

quote:
Originally posted by Psy-T
in that case, wouldn't posting a map drawing portray the prestige better than the picture?

http://www.google.co.uk/maps?f=q&hl...11673&z=13&om=1

here