HOUSE HUNTING?

"One Hyde Park, a new apartment building in Knightsbridge, will be official launched this evening, with its developers seeking as much as £6,000 per sq ft for 40 unsold apartments. It is a record not merely for London but for anywhere in the world this year and almost twice the best achieved last year. ...According to Harrods Estates, the property division of the store group, prices routinely achieved in this part of Knightsbridge are a more modest £3,000 - £4,000 per sq ft (the average in the UK is £220) Two-bedroomed flats are changing hands for up to £4 million, with much of the demand coming from the Middle East, the Far East and Russia." (Times, 19 April) RD