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Sheikh shells out £100m for London’s most expensive flat
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| 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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| 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.
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London Real Estate Worlds Most Expensive |
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| 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. |
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| 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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| Halcyon+On+On |
| Yeah, Frenchie - you youngin'! |
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| Frenchie |
:stongue: :stongue: :stongue:
You're kidding, right? |
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| Psy-T |
| 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? :o |
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| Saka |
| quote: | Originally posted by Frenchie
:stongue: :stongue: :stongue:
You're kidding, right? |
No, LOCATION!
The second pic is swish imo too. |
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