World's most pricey property
This property is so exclusive that there isn't even a published price list. It's called One Hyde Park and it's reputed to be the most expensive residential real estate in the world.

Being developed on the site of the former 1950s building Bowater House in stylish Knightsbridge, genuine buyers are required to undergo a screening process before being provided with a special password in order to gain access to more detailed information. Even plans for the building are being kept under wraps.

Price tag remains a secret

While there is naturally much UK media speculation regarding the actual price tag, there seems no doubt that it is by far the highest priced residential real estate in London — and the world.

There are 80 apartments within the four diamond-shaped buildings, ranging from one-bedroom units to eight sumptuous bedroom penthouses.

"With London being the undisputed financial capital of the world, prime central London real estate is highly sought after by both local and international key role players in business," says Dr Andrew Golding, CE of the Pam Golding Property Group.

London a prime growth node

In 2006, this sector of the UK residential property market experienced growth of 20 percent, fuelled by overseas equity and city of London bonuses.

Strong demand, coupled with competition for a very short supply of the right type of property in the right place is set to fuel further house price rises — anticipated to be approximately 15 percent for prime central London.

The old adage 'location, location, location' could not be more appropriate. Situated overlooking Hyde Park on one side and Knightsbridge on the other, the location is exclusive in the least.

Service please

Created by architects Richard Rogers Partnership, the apartments are high security with a number of special security features installed.

Via a direct link with the adjacent world-class Mandarin Oriental Hotel, residents can enjoy a personalised and professional concierge service. However, access for services and staff is restricted to limited areas, with residents arriving in their own private lobby area.

Andy Collett, who heads up PGP's International Division, says One Hyde Park is incomparable to any other residential project in the world, and provides the ultimate in elegance, peace and comfort.

Attention to detail

Candy & Candy, London's leading interior and architectural designers and development managers, have focused on creating the ultimate luxury environment with untiring attention to detail.

Facilities will include a 22-metre swimming pool; golf simulator and fitness room; innovatively designed wine cellar for hosting exclusive private functions; private cinema; smart business facilities with state-of-the-art meeting rooms and video conferencing.

"With an extensive use of glass, the transparency of the buildings will allow for panoramic views over the park and city, while providing privacy through their creative design.

"The development includes two landscaped gardens, bringing nature into the heart of the building, and an attractive setting for three boutique retail outlets on the ground floor of three of the buildings," says Collett.

Article from: www.iafrica.com