The Hyde Penthouse sells at 14m

It took some time and came well short of the anticipated sale price of 20m – the penthouse in The Hyde development on Liverpool Street in Sydney finally sells at 14m. The top two floors of the penthouse includes 570 sq m of interior space, along with a 15-metre wet-edge lap pool with 400 sq m of rooftop decking.

Sydney’s highest apartment sale still remains at $16.8 million in 2008 for a 12th-floor unit in the Bennelong block overlooking Circular Quay.

The prestige property market, especially apartments, has taken a significant hit since 2009.

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