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Dysons sold SG property at a loss


A view of Guoco Tower, where a luxury penthouse at Wallich Residence is located, is seen in Singapore on July 10, 2019. - British billionaire inventor James Dyson has splashed out a reported 54 million USD on the biggest, most expensive penthouse in Singapore, a three-floor residence with a rooftop terrace, private pool and jacuzzi. (Photo by Roslan RAHMAN / AFP) (Photo credit should read ROSLAN RAHMAN/AFP/Getty Images)

A view of Guoco Tower, where a luxury penthouse at Wallich Residence is located, is seen in Singapore on July 10, 2019. – British billionaire inventor James Dyson has splashed out a reported 54 million USD on the biggest, most expensive penthouse in Singapore, a three-floor residence with a rooftop terrace, private pool and jacuzzi. (Photo by Roslan RAHMAN / AFP) (Photo credit should read ROSLAN RAHMAN/AFP/Getty Images)

(Bloomberg) — The Dysons behind the British consumer electronics company are selling their triplex penthouse for S$62 million ($45.7m) — less than the record purchase price of S$73.8m in 2019 — Business Times reported, without citing people.

Singapore’s tallest penthouse, on the top three levels of the 64-story Guoco Tower in Tanjong Pagar, is nearly S$3,000 per square foot on the strata area of 21,108 sq ft; it comes with its own infinity pool and private lift lobby from the basement car park.

The Dysons’ purchase of the Wallich Residence penthouse last year set a record for Singapore penthouses.

  • Buyer is an Indonesia-born tycoon Leo Koguan who is a US citizen and Texas resident and co-founder and chairman of IT provider SHI International
  • The property has been held under Dyson Ltd. founder James Dyson’s wife, Deirdre
  • NOTE: Dysons also bought a bungalow near the Singapore Botanic Gardens last year for S$50m, which they still own

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©2020 Bloomberg L.P.

Source: MSN

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