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People James Dyson Buys Singapore's Most Expensive Penthouse Apartment In 2019

James Dyson Buys Singapore's Most Expensive Penthouse Apartment In 2019

James Dyson poses with products during a photo session at a hotel in Paris (Image: Christophe Archambault/AFP)
James Dyson poses with products during a photo session at a hotel in Paris (Image: Christophe Archambault/AFP)
By AFP
July 12, 2019
James Dyson, founder of Dyson Ltd, the company which designs and manufactures Dyson vacuum cleaners and a range of other home appliances, has bought the most expensive apartment in Singapore after moving his company headquarters there

British billionaire inventor James Dyson has acquired Singapore's largest penthouse: a three-floor residence with a rooftop terrace, private pool, and jacuzzi.  

His electric appliance company, known for its bagless vacuum cleaners, hairdryers and fans, announced this year it was shifting its global headquarters from England to the city-state to be closer to Asian markets.

The company also plans to produce electric cars here, as part of its expansion east after Britain's decision in 2016 to leave the EU.

See also: Inside Inventor James Dyson's New Singapore Lab

The penthouse is located within the Wallich Residence, the highest building in Singapore (Image: GuocoLand)
The penthouse is located within the Wallich Residence, the highest building in Singapore (Image: GuocoLand)

A land title document seen by AFP lists Dyson and his wife Deirdre as joint tenants of the 99-year leasehold property, with the sale registered on June 20. 

The company also confirmed Dyson, 72, had bought a property in the city.

The luxury home at Wallich Residence sits on the top three floors of a 64-storey, 290-metre high tower—the tallest in Singapore—which is in the business district and has panoramic views over Singapore, including popular waterfront area Marina Bay.

It has five bedrooms, each with its own en-suite bathroom, a private garden and a viewing deck on the 62nd floor, according to a sales brochure for the property. It also has a private lift, storage for 600 bottles of wine, and round-the-clock dedicated butler service.

Wallich Residences sits on Guoco Tower, Singapore's tallest skyscraper (Image: AFP)
Wallich Residences sits on Guoco Tower, Singapore's tallest skyscraper (Image: AFP)

A Dyson spokesman declined to give details of the purchase but told AFP: "Given the decision to locate the headquarters in Singapore and the growing focus of the company's business in the region, of course James Dyson has bought a property there."

In October, Dyson announced it had picked Singapore for its first electric car plant. A prototype Dyson electric vehicle is in the works for 2020, followed by a product launch in 2021.

The company insists its decision to move headquarters from western England is not due to Brexit but an effort to be closer to a growing majority of its customers. 

This story first appeared on sg.asiatatler.com

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People Dyson James Dyson entrepreneur technology penthouse

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