R180m

Finweek English Edition - - IN BRIEF -

The price of South Africa’s most ex­pen­sive apart­ment, a 2 100m2 pent­house in Sand­ton. The price for the apart­ment in the Leonardo ho­tel devel­op­ment, a 42-storey build­ing that will be Sand­ton’s tallest sky­scraper, sur­passes Sol Kerzner’s One&Only Wa­ter­front ho­tel’s record, where an apart­ment sold for R110m in 2008. The Leonardo ho­tel, where con­struc­tion will start this year, will in­clude 200 apart­ments, a triple-storey pent­house known as the Leonardo Suite and nine of­fice floors be­long­ing to Ned­bank. Prices for apart­ments range from R45 000/m2 to R80 000/m2.

Do­minique Strauss-Kahn

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