Notable penthouse sale from the last year

The Residences at Mandarin Oriental Mayfair

In one of the deals of 2020, Clivedale London notched up remarkable success at its Mandarin Oriental-branded scheme on Hanover Square – selling a marquee top-floor unit at record-breaking £8,000 per square foot.

The first of two penthouses sold at the development fetched £25m in 2018, and the second – a four-bed on the ninth storey with a 2,200 square foot roof terrace – is believed to have eclipsed this; both set new £psf benchmarks for the Mayfair area, according to the developer.

The buyer was represented by recently-launched independent agency David Turner Property, and contracts were exchanged in just seven days.

The transformation of the former JLL HQ is delivering 80 apartments and an integrated boutique 50-key Mandarin Oriental hotel.

Residents will have access to a suite of “world-class” Mandarin Oriental amenities and services including five-star concierge, in-residence dining and valet parking. Danish-born architect and interior designer Thomas Juul-Hansen – who has previously worked on top-end US schemes One57 and Three Hundred Collins – is taking the lead on interiors.

Article Source: Deal Digest