Friday 13 August 2010

... £140 million penthouse...

a luxury penthouse in london has sold for a record-breaking £140 million, as the market for 'trophy homes' bucks the wider property slump...

the 2-floor apartment at the one hyde park development in knightsbridge features bullet-proof windows, an air purifying system and a panic room...

the new owners will have access to 24-hours room service from the neighbouring mandarin oriental hotel and protection from sas-trained security guards...

the £140 million price tag makes the penthouse the most expensive property in britain, passing the £115 million paid for a flat at the exclusive 8 st. james's square development in westminster in 2008...

the flat is believed to cost more than £6,000 a square foot compared with the kensington and chelsea average of £1,214 and capital wide average of £450...

one hyde park, next door to the mandarin oriental hotel, features more than 80 flats in 4 linked towers designed by architect lord rogers...

around 65% of all the properties in the block, due to open later this year, have already been sold at an average cost of £20 million...


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