The unfurnished penthouse apartment, located at One Hyde Park, spans a palatial 16,000 square feet. Sources say an Eastern European buyer purchased the apartment, which could be worth up to an estimated $300 million once furnished.

The previous record for an apartment sale in London was set three years ago by Ukrainian billionaire Rinat Akhemtov, who dropped around $230 million for two units at the same address, eventually combining them into one property.

One Hyde Park, whose developer is a joint venture between CPC Group and Waterknights, has seen more than $2 billion in sales so far.

Nick Candy, whose firm, Candy & Candy, was tasked with interior design and development management on the One Hyde Park project, said London’s real estate market is currently “in boom-time prices, more expensive than we've ever been in the history of mankind.”

Photo courtesy of Laing O'Rourke.

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