It looks like Candy Spelling has been one-upped. A six-bedroom penthouse at London’s tony One Hyde Park commanded £140 million, or about $220 million, Luxist reports. And this deal comes before the four-building project is even complete: It is due to be finished by the end of the year.
According to Luxist, that makes it world’s priciest piece of residential real estate-when measuring current listings and sales-pushing Ms. Spelling’s $150 million asking price for her bigger-than-big Los Angeles mansion down a slot. The deal also makes the U.S. look, well, like a bargain: In what is believed to be the biggest residential sale, a Texas executive paid $46.5 million for a 3,500-acre Colorado ranch earlier this year.
Full Story: In London, the World’s New ‘Most Expensive’ Home? – Developments – WSJ