Core Insights - The record-breaking sale of the luxury apartment at One Sydney Harbour for AUD 141.55 million has drawn significant market attention due to the buyer's identity, Yan Zhang [1][3] - The buyer is linked to a shell company, Yry Family Pty Ltd, registered shortly before the purchase, raising questions about the funding sources for such a high-value transaction [3][5] - The sale price surpasses previous records held by tech billionaire Scott Farquhar and pharmaceutical mogul Dennis Bastas, marking it as the highest price ever paid for a single apartment in Australia [10] Buyer Profile - Yan Zhang, born in December 1987 in China, was only 31 years old at the time of signing the contract and 37 at the time of the transaction [5] - Zhang's previous property purchase was a penthouse in Century Tower, Sydney, acquired in 2004 for AUD 1.33 million, indicating a significant leap in property investment [5][7] Property Details - The apartment spans 1,600 square meters and includes nine bedrooms, a rooftop infinity pool, a spa, and a gym, designed by renowned architect Renzo Piano [9] - The property was delivered in a "bare shell" state, with Zhang reportedly investing millions in high-end custom renovations over the past six months [10] Market Impact - The sale price of AUD 141.55 million exceeds the combined total of AUD 130 million for two luxury homes purchased by Scott Farquhar, and potentially surpasses the recent acquisition by Dennis Bastas, which is speculated to be between AUD 115 million and AUD 150 million [10]