Inventor And Designer James Dyson Sells Luxury Singapore Penthouse

About a year ago, founder of Dyson, James Dyson purchased a luxurious Singapore penthouse atop the city-state’s tallest building for a reported US$54 million. The designer and entrepreneur snapped up the property, which has a rooftop terrace, private pool and jacuzzi, after his electric appliance firm announced it was shifting its global headquarters to the city-state from England. It sits on the top floors of the 64-storey, 290-metre high Guoco Tower, which is in the business district and has panoramic views over the city, including popular waterfront area Marina Bay.

The price tag was the highest ever for a penthouse in the affluent financial hub. But a Dyson spokesman now says an offer has been accepted on the three-floor residence, which also has a 600-bottle wine cellar and a dedicated butler service. While he did not give details of the sale, it appears Dyson has made a hefty loss. Singapore’s Business Times newspaper reported that the property was bought by a businessman in the US for US$45 million.

Despite the sale, the spokesman said “Dyson remains fully committed to expanding its research and development footprint and other operations in Singapore”.

Since announcing the move of his company’s headquarters to Singapore last year, Dyson has made headlines by going on a property-buying spree. Just weeks after snapping up the city-state’s priciest penthouse, he bought another luxurious house for US$33 million, which faces the UNESCO-listed Botanic Gardens and features an infinity pool.

james Dyson bought a luxurious house in Singapore for US$33 million, which faces the UNESCO-listed Botanic Gardens and features an infinity pool after the purchase of his penthouse. Photo: AFP

The company’s move to Singapore prompted fury in Britain that the tycoon, who is also a vocal Brexit backer, was not investing more in British manufacturing.

The firm, which is famous for its bagless vacuum cleaners, abandoned plans to produce electric cars last year, saying the project was not commercially viable. Its first vehicle plant was to be located in Singapore.

Source: AFP Relax News


Published by

Recent Posts

AIRA Residence: How this Artfully Designed Abode Redefines Luxury Living

The exclusive development is a lesson in intuitive refinement. Here, a look at how the sky homes of AIRA Residence…

4 months ago

Discover the Biodiverse World of Langkawi with a Passionate Conservationist

Meet Dev, Lord of the Jungle, as he shows us the sheer beauty and importance of this ancient rainforest.

4 months ago

Nespresso and Fashion Designer Angel Chen Hop into the Year of the Rabbit Together

Treat your family and friends to a specially curated collection of Nespresso flavours, coffee recipes and gifts this Chinese New…

4 months ago

Riding into 2023 with Peace of Mind

Simple but valuable tips from the mechanics at Honda Big Wing.

4 months ago

10 Spooktacular Movies and Shows to Watch

It’s the only appropriate way to celebrate Friday the 13th

5 months ago

The Healing Power of Forest Bathing in Langkawi

Discover the Malay Wellness Journey at The Datai Langkawi

5 months ago