- Title: British billionaire Dyson snaps up Singapore's priciest penthouse
- Date: 10th July 2019
- Summary: SINGAPORE (JULY 10, 2019) (REUTERS) SKYLINE WITH EXTERIOR OF GUOCO TOWER LOGO OF GUOCOLAND ON GUOCO TOWER TRAFFIC DRIVING PAST SHOPHOUSES / SKYLINE WITH EXTERIOR OF GUOCO TOWER LOGO OF GUOCOLAND ON GUOCO TOWER SOFITEL, PART OF THE DEVELOPMENT WITH GUOCO TOWER ENTRANCE OF WALLICH RESIDENCE IN GUOCO TOWER, WHERE UK ENTREPRENEUR JAMES DYSON HAD BOUGHT A PENTHOUSE SHOPHOUSES AND BUILDINGS IN CENTRAL BUSINESS DISTRICT LOGO OF GUOCOLAND ON GUOCO TOWER
- Embargoed: 24th July 2019 11:19
- Keywords: Singapore billionaire James Dyson penthouse property purchase Wallich Residence
- Location: SINGAPORE / LONDON, MALMESBURY, ENGLAND, UNITED KINGDOM / PARIS, FRANCE / NEW YORK, NEW YORK, UNITED STATES
- City: SINGAPORE / LONDON, MALMESBURY, ENGLAND, UNITED KINGDOM / PARIS, FRANCE / NEW YORK, NEW YORK, UNITED STATES
- Country: Various
- Topics: Living / Lifestyle,Society/Social Issues
- Reuters ID: LVA001AN71UMF
- Aspect Ratio: 16:9
- Story Text: British billionaire and inventor of the bagless vacuum cleaner, James Dyson, has bought the most expensive apartment in Singapore, where his company plans to manufacture electric cars.
The three-story 'super penthouse' at the top of Singapore's tallest building Guoco Tower was sold to Dyson, who has been granted permanent residency status, for S$73.8 million ($54.2 million), according to media reports. Title records seen by Reuters show Dyson and his wife became tenants of the 99-year leasehold property on June 20.
Dyson, one of Britain's best-known entrepreneurs and a Brexit supporter, decided to move his company's head office from Britain to Singapore to be closer to its fastest-growing markets.
Singapore is an island of well-heeled stability that attracts the super-rich from its less-developed Southeast Asian neighbours, as well as millionaires from mainland China.
(Production: Pedja Stanisic, Lion Schellerer, Travis Teo) - Copyright Holder: REUTERS
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