
A new record has been set for the world's most expensive apartment complex One Hyde Park, with an average price of $9500 per square foot and total value at $1.58 billion, based on current exchange rates.
Sky News is reporting this morning that an apartment complex in London has set the world's record for the most expensive place to live in the entire world. One Hyde Park, situated over London's picturesque Hyde Park, has 86 luxury apartments (think condominiums) that cost up to $220 million apiece based on current exchange rates. The nets out to an alarming $9,500 cost per square foot, which is a new world record.
Since opening in 2008, One Hyde Park has catered to business moguls from Russia and Arabic countries, who enjoy a number of exclusive benefits including high-tech security systems, bulletproof windows, and an underground tunnel linking the complex to a nearby luxury hotel (which provides concierge services and gourmet cooking delivered via room service). The emphasis here in on security and secrecy, with residents never having to leave the complex to enjoy creature comforts like a private cinema, a $30 million swimming pool and sauna complex, and lighting that shifts in brightness and color as the time of day changes.
If you have the means to live in the world's most expensive apartment complex, 30 units are still left on the selling block, with prices ranging between $8 million for a one-bedroom flat and a penthouse valued at $220 million.
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