Dyson sells Singapore's priciest penthouse

When the British billionaire James Dyson moved his company's head office to Singapore from Britain to be closer to its fastest-growing markets, he naturally bought himself a home in the city.

But not just any apartment - once valued at over 73 million U.S. dollars, Dyson bought Singapore's most expensive penthouse in 2019.

The five bedroom apartment is now back on the market though.

The inventor of the bagless vacuum cleaner and his wife are selling the three-story dwelling for a reported $46 million - a drop of around 15% from Dysons' purchase price.

Perched atop Singapore's tallest building, the Tanjong Pagar Centre, the "super penthouse" is equipped with a 600-bottle wine cellar.

The Business Times newspaper has reported that the buyer is the chairman and co-founder of infotech provider SHI International.

A spokesperson for the Dyson, said the inventor would continue to maintain a home in the wealthy Asian city-state.

Last year, Dyson scrapped plans to build an electric car in Singapore, saying it was not commercially viable.

Video Transcript

- When the British billionaire James Dyson moved his company's head office to Singapore from Britain to be closer to its fastest growing markets, he naturally bought himself a home in the city. But not just any apartment. Once valued at over $73 million US, Dyson bought Singapore's most expensive penthouse in 2019.

The five bedroom apartment is now back on the market, though. The inventor of the backless vacuum cleaner and his wife are selling the three story dwelling for a reported $46 million, a drop of around 15% from Dyson's purchase price. Perched atop Singapore's tallest building, the Tanjong Pagar Center, the super penthouse is equipped with a 600-bottle wine cellar. The business times newspapers reported that the buyer is the chairman and co-founder of infotech provider SHI International.

A spokesperson for Dyson said the inventor would continue to maintain a home in the wealthy Asian city-state. Last year, Dyson scrapped plans to build an electric car in Singapore, saying it was not commercially viable.