SINGAPORE, April 16, 2014 /PRNewswire/ -- The cachet of owning the finest property in the centre of town is irresistible to the world's billionaires, who are increasingly looking for the ultra-luxurious bricks and mortar in the top cities. But where large-scale lateral square footage is hard to find, property developers are building up, with lavish new skyscrapers in some of the world's most prestigious neighborhoods.

"The ultra wealthy are property bulls; the average billionaire owns four homes worth a combined US$78 million, according to research from Wealth-X, intelligence firm and strategic partner of Billionaire," said Tara Loader Wilkinson, editor at large of Billionaire. "These top ten skyscrapers have the added draw of being trophy residences, usually designed by a top architect and interior design team."

Here, Billionaire.com examines the world's most lavish high-rise apartment blocks that money can buy. Billionaire ranked the developments according to the price of the penthouse and the average price per square foot. When the penthouse was not available the next top apartment was used instead.

1. One Hyde Park, London, UK
Average price per square foot: US$9,906. Penthouse: US$226.9 million

2. 432 Park Avenue, New York, US
Average price per square foot: US$6,742. Penthouse: US$95 million

3. One57, New York, US
Average price per square foot: US$6,600. Penthouse: US$90 million

4. South Bank Tower, London, UK
Average price per square foot: US$3,300. Penthouse: US$90 million

5. Tour Odeon, Monaco
Average price per square foot: US$8,900. Top Apartment: US$65.7 million

6. Opus, Hong Kong
Average price per square foot: US$10,740. Top Apartment: US$58.6 million

7. 56 Leonard, New York, US
Average price per square foot: US$6,000. Penthouse: US$47 million

8. Clermont Residence, Singapore
Average price per square foot: US$2,360. Penthouse: US$47 million

9. One Thousand Museum Condos. Miami, US
Average price per square foot: US$1,100. Penthouse: US$45 million

10. One Madison. Miami, US
Average price per square foot: US$5,000. Penthouse: US$43 million

For a full report and images visit - http://www.billionaire.com/ambience/790/the-worldsmost-lavish-high-rise-apartments

For queries and images please contact:

Lynda Williams, VIM & VIGOUR PR
Mobile: +65 81110290
Email: [email protected]

About Billionaire.com

Championing authentic luxury, discernment, culture and social conscience, Billionaire.com is the indispensable lifestyle resource for high and ultra-high net worth individuals who think and act globally - 'the global mobile elite.' Headquartered in Singapore, the crossroads of the East and West, Billionaire.com and it's Mandarin sibling site, Yiwanfuweng.com, provide a trusted voice for luxury brands, fine artisans and exclusive service providers. As philanthropy lies at the heart of Billionaire.com, the online and bi- annual print publication features charitable initiatives from around the world which aim to improve the quality of life for the under privileged.

SOURCE Billionaire.com