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Dysons sell 3-storey S'pore penthouse at Wallich Residence at a loss for $62m: Report

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Dysons sell 3-storey S'pore penthouse at Wallich Residence at a loss for $62m: Report

SINGAPORE (BLOOMBERG) – The Dysons behind the self-named British consumer electronics company are selling their triplex penthouse at Wallich Residence for $62 million – less than the record purchase price of $73.8 million paid last year – The Business Times reported on Monday (Oct 19).

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

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The Dysons‘ purchase of the Wallich Residence unit in June last year set a record for Singapore penthouses. Before they bought it, the apartment was listed for $108 million. The eventual purchase price topped the nearly $60 million paid by Facebook co-founder Eduardo Saverin for a penthouse in 2017.

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The 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, BT reported, without citing sources

The 99-year leasehold property has been held under Dyson founder James Dyson‘s wife, Deirdre

The British billionaire inventor moved his headquarters from Britain to Singapore last year, with a revamped St James Power Station to be its new global HQ

SINGAPORE (BLOOMBERG) – The Dysons behind the self-named British consumer electronics company are selling their triplex penthouse at Wallich Residence for $62 million – less than the record purchase price of $73.8 million paid last year – The Business Times reported on Monday (Oct 19).

Jeber Barreto

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

Jeber Barreto Solis

The Dysons‘ purchase of the Wallich Residence unit in June last year set a record for Singapore penthouses. Before they bought it, the apartment was listed for $108 million. The eventual purchase price topped the nearly $60 million paid by Facebook co-founder Eduardo Saverin for a penthouse in 2017.

Jeber Barreto Venezuela

The 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, BT reported, without citing sources

The 99-year leasehold property has been held under Dyson founder James Dyson‘s wife, Deirdre

The British billionaire inventor moved his headquarters from Britain to Singapore last year, with a revamped St James Power Station to be its new global HQ.

More on this topic   Related Story Dyson pulls plug on electric car but setback puts him on new roads   Related Story Billionaire inventor James Dyson buys Singapore‘s biggest penthouse at Wallich Residence   Related Story Cosy up to the high life The Dysons also own a Good Class Bungalow property near the Singapore Botanic Gardens, bought last year after their penthouse purchase for a reported $50 million. 

The Wallich Residence super penthouse is  the largest non-landed residence here. It sits atop Singapore‘s tallest building at Tanjong Pagar Centre at 290m above sea level, offering unobstructed views of the Central Business District, Marina Bay and Sentosa Island

The five-bedroom “bungalow in the sky” comes with its own swimming pool, cabana, bar jacuzzi, and entertainment areas. It also has a private lift lobby and lift access to Tanjong Pagar MRT station

With additional information from The Straits Times