The most expensive apartment ever on sale in Amsterdam is the 1,440 square metre penthouse on the top of a new building on the IJ waterfront, according to the Volkskrant.

The estimated price of the property, which covers the entire 25th floor of the building, is between €12m and €15m.

The complex is being built on former timber yards west of the city’s central station and is due for completion in 2017.

The property is being sold by Christie’s and several multi-millionaires have already been in touch, the paper says. They include Chinese and other foreign nationals as well as Dutch people from the Quote 500 rich list.

The price of around €10,000 a square metre is similar to that paid on the city’s 17^th century canal belt.

Other properties in the building cost upwards of €550,000, according to Christie’s website.