One Hyde Park: The residences at Mandarin Oriental, London exceeds £1.4 billion sales
One Hyde Park which saw previous record breaking sales, such as the world's most expensive apartment that was sold for a whopping $215.26 million, has once again surpassed anything that was set previously. Prices have now soared as high as £7,500 ($11,872) per sq ft, which have actually resulted in the total sales of figures of £1.4 billion ($2.21 billion) as . The property in question is the residences at Mandarin Oriental in Knightsbridge area of London, where this new project has generated huge interest from the global wealthy investors.
As Mr. Jonhanthan Hewlett from Savills described,
“London is one of the few world cities that can count itself amongst a truly global market, sought by the world’s richest households and behaving almost like a separate asset class to a worldwide investor audience looking for capital growth, yield and security, this coupled with our latest Savills Research forecast that prime central London residential values are now 15.6% over their peak level and with price growth expected to top 13% this year and rise by 22.7% over the next five years, it leaves no doubt that One Hyde Park is a true global asset which will enhance in value.”
Price: £7,500 per sq ft. No figures of market price, for a single property at the Mandarin Oriental have been released.
Accommodation and location: Designed by the award winning architect Richard Rogers, the entire project of the ultra premium Mandarin Oriental, has been built with a philosophy of being able to change London’s sky line as whole, and add a more modern touch to the otherwise vintage appearance. Created in 4 pavilions, the project will feature apartments which will have plenty of exposure to sunlight, and air ventilation because of the unique placement of these individual properties. In terms of the interiors, Candy & Candy is the interior designing firm which have lent a special team of experts to give these properties their distinctive appearance on the interior, and also some of the communal areas like the library, double-digit height reception area, and also serpentine suite. There will also be modern pieces of art included in the communal areas most of which are done up by James Turrell. All in all, this is the modern contrast amidst the traditionally Victorian setup of South London.
Amenities: Featuring a specialist team of 60 members of staff, each home owner will be the patron of personalized services which include the residential concierge, housekeeping, parking and valet, food and beverage (restaurants and dining halls), spa and recreation, entertainment, and also a special Residences Elite program. This would allow the home owners to avail special discounts at the various luxury hotels of the Mandarin Oriental Group around the world. Talking especially on recreation avenues, there is a 21-meter ozone stainless steel swimming pool, 2-saunas, gymnasium, and 2-private studios for exercising in private, apart from squash court, virtual games room with golf stimulator. The conference halls are there to host any special gatherings and private get-togethers, along with the temperature controlled wine cellars in close proximity, when the demand for the occasion comes along.
Celebrity Neighborhood: One Hyde Park counts amongst the world's most expensive block of residential apartments is also famous for its billionaire residents, including Kylie Minogue and the Ukraine’s richest man, Rinat Akhmetov amongst others.
Contact: One Hyde Park
Phone No.: +44-20-7590-2340
Disclaimer: This is a Sponsored post in favor of One Hyde Park. The sale estimates and prices have been provided to us. However, the opinion and thoughts are our own.
Via: One Hyde Park
