British billionaire James Dyson, the inventor of the bagless vacuum cleaner, and his wife are selling their three-story Singapore penthouse about a year after buying it for a reported S$74 million (US$54.5 million).
Perched atop Singapore’s tallest building, the Tanjong Pagar Centre, the five-bedroom “super penthouse” is equipped with a 600-bottle wine cellar.
“An offer has been accepted on the Wallich penthouse,” a spokesman for Dyson’s firm said.
Photo: Reuters
He declined further comment on the family’s personal properties or affairs, but said Dyson would continue to maintain a home in the wealthy Asian city-state.
The Business Times newspaper, which first reported the sale, said an offer of S$62 million was accepted for the penthouse, or a drop of more than 15 percent from the Dysons’ purchase price.
The apartment, which includes a pool, jacuzzi and a private garden with city views, was once valued at S$100 million, making it the city-state’s most expensive penthouse.
The buyer is Indonesian-born tycoon Leo Koguan, the paper said.
The US citizen is chairman and cofounder of infotech provider SHI International Corp, which counts Boeing Co and AT&T Inc among its 20,000 customers, business magazine Forbes says.
The Dysons’ other home in Singapore is a luxury property on a plot of land with an infinity pool and an indoor waterfall.
The billionaire has moved his company’s head office to Singapore from Britain to be closer to its fastest-growing markets.
Last year, he scrapped plans to build an electric vehicle in Singapore as not being commercially viable.
“Dyson remains fully committed to expanding its research and development footprint and other operations in Singapore,” the spokesman added.
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