The daughter of a Russian billionaire has broken New York real estate records by paying $88 million for a huge Manhattan apartment, Forbes magazine reported.

Yekaterina Rybolovleva, daughter of former fertilizer magnate Dmitry Rybolovlev, paid full asking price for the multiroom spread at 15 Central Park West.

This is a record for an individual transaction in a city renowned for pricey property. The record was previously owned by Sanford Weill, a former chairman of Citigroup.

A two-floor, $28 million San Francisco penthouse has made history as the most expensive condo sold in the city’s history.

The 20,000-square-foot condo features floor-to-ceiling glass windows, six bedrooms, seven full baths, four powder rooms; 2,500 square foot master suite, thirteen-seat home cinema and four terraces, four fireplaces and six car parking.

The penthouse was originally asking $70 million in 2008 by Victor MacFarlane, a real-estate developer who bought three apartment shells and combined them.

Originally listed for $27M in 2010, this penthouse just sold for $21.5 million and was owned by Netscape Founder Jim Clark.

The Miami Beach condo property is a 5803 square-foot, multi-story residence that sits at the top of The Setai, overlooking South Beach and the Atlantic Ocean.

The world-famous 40-storey Setai Resort is serviced by Singapore-based, five-star hotel management company GHM Hotels.

The Beijing government has halted sales of the most expensive luxury apartment complex in the Chinese capital and launched an investigation into the developer for possible “profiteering”.

The high-end penthouse in Beijing’s Haidian district had an asking price of more than 300 million yuan (US$46.2 million), or 300,000 yuan (US$46,300).

Beijing’s housing authorities on 3 June suspended the sale of the unit, along with 22 other units in the Diaoyutai No 7 Complex.

Ukraine’s richest man has set a record for property in Britain, spending $213 million on two London flats.

The flats cover 2,323 square metres across three floors of a luxury development overlooking Hyde Park, and have been bought by Rinat Akhmetov.

The oligarch plans to combine them to make a penthouse, including a further $93.6 million in interior improvements, according to the London Evening Standard.

Paris’s Hotel Le Bristol is about to unveil a $33 million revamp that includes an ultra-luxe penthouse occupying the top floor of the hotel.

The 2,583-square-foot, two bedroom suite encompassing the entire eighth floor is set to become one of the most expensive hotel suites in the world.

It will feature incredible views of the rue de Faubourg Saint Honoré and the famed Le Bristol gardens-the largest of any Parisian hotel.