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Hyde Park flat sale sets world record price of £6,000 per sq ft
Jonathan Prynn, Consumer Business Editor19 Apr 2010
An apartment at the Candy brothers' One Hyde Park development in Knightsbridge has sold for £28 million.
The sale, which is believed to set a record for the world this year of £6,000 per square foot, was sealed without viewing after the purchaser saw the outside of the building.
It comes as the second phases of sales of flats at the scheme is launched tonight amid signs of a dramatic resurgence in London's "superprime" property market triggered by the weakness of the pound and oil price increase.
The development has defied sceptics who said the world economic downturn would leave it as a white elephant monument to developer folly.
However, the penthouse apartments and half the 86 flats have already been sold for a total value of £765 million ahead of completion in October.
Reservation fees on a further £100 million of deals have also been received.
Dominic Grace, head of residential development, London, at agents Savills said: "We sold an apartment to a buyer who knew of the scheme's reputation, just saw the outside of the building and bought an apartment without viewing, thus setting a record price for square footage this year not only for London but for the world."
The buyer is believed to be from the Middle East.
The apartments' interiors, designed by Candy & Candy, will include gold resin and black onyx finishes and will be heated and cooled by geothermal bore holes dug 140 metres into the ground.
