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Billionaire James Dyson Buys $77m Penthouse in Singapore

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British tycoon and inventor James Dyson has purchased what could be Singapore’s priciest apartment, a three storey “super penthouse” for $77 million.

The inventor behind the bagless vacuum cleaner and his wife Deirdre acquired the luxury apartment that sits atop Singapore’s tallest 290-metre-high skyscraper, as first reported by a local newspaper the Singapore Business Times.

The five bedroom dwelling, which sits atop the Wallich residence, has its own elevator, swimming pool, a 600-bottle wine cellar, spa and private garden, built by developer GuocoLand.

Sir James Dyson has purchased Singapore’s priciest apartment, a three storey ‘super penthouse'
▲ British tycoon and inventor James Dyson.


Earlier this year, Dyson announced it would move its headquarters from England to Singapore.

"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," a Dyson spokesperson said in a statement.

The five bedroom dwelling sits atop the Wallich residence in the Guoco Tower, a $3.2 billion mixed-use developmen.
▲ The five bedroom dwelling sits atop the Wallich residence in the Guoco Tower, a $3.2 billion mixed-use development.


In 2017, the British inventor announced he was investing billions in developing a battery-powered car with plans to launch in 2020.

“We’ve been researching motors, batteries, aerodynamics, vision systems and robotics for 22 years. Now the time is right to bring all our knowledge and experience together into one big project – an electric car,” Dyson said on his website.

In 1978, frustrated with his family's vacuum, Dyson set out to invent a better version using a “cyclone” to lift dirt.

Dyon's new home is in the Tanjong Pagar Centre, also known as Guoco Tower, completed in 2016.
▲ Dyon's new home is in the Tanjong Pagar Centre, also known as Guoco Tower, completed in 2016.


Alongside Dyson’s UK-based research, design and development facility, the company is building a dedicated electric vehicle manufacturing division in Singapore.

“Singapore has played a significant role in Dyson’s development since 2007, where a growing engineering team are developing our high-speed digital motors,” Dyson said.

According to Bloomberg Billionaires index, Sir James ranks as 110th as the world’s “richest person”, with his current net worth sitting around $12.6 billion according to the list.

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Article originally posted at: https://theurbandeveloper.com/articles/billionaire-james-dyson-buys-77m-penthouse-in-singapore