Up until last month the most expensive apartment in the world – One Hyde Park penthouse was estimated at £100 million.
But now it’s time to place the crown on an apartment in St James’s Square, London which is equidistant from 10 Downing Street and Buckingham Palace. With a price understood to exceed £115 million ($A200 million+) it is believed to be the most expensive apartment in the world.
Very little has been divulged thus far, with only the most basic building proposals have so far been submitted. There will be large solar panels on the roof, a car lift to take vehicles to the basement parking and cycle racks, to comply with regulations.
A source close to the deal for the flat at 8 St James’s Square stated that “The price has been agreed. It is between £115m and £120m.” The identity of the purchaser has not been disclosed.