British inventor Dyson buys Singapore’s ‘priciest penthouse’

The penthouse is on the top three floors of Wallich Residence in Singapore’s business district. (File/AFP)
Updated 11 July 2019
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British inventor Dyson buys Singapore’s ‘priciest penthouse’

  • The penthouse is located in the tallest building in Singapore
  • Company spokesman said the purchase coincides with Dyson’s desire to focus more on the Asian market

SINGAPORE: British billionaire inventor James Dyson has paid a reported $54 million for Singapore’s biggest, most expensive penthouse: a three-floor residence with a rooftop terrace, private pool, and jacuzzi.
His electric appliance company, known for its bagless vacuum cleaners, hand dryers and fans, announced this year it was shifting its global headquarters from England to the city-state to be closer to Asian markets.
The company also plans to produce electric cars there, as part of its expansion east after Britain’s decision in 2016 to leave the EU.
The Brexit-backing tycoon purchased the 1,960 square meter “super penthouse” for almost $54 million, Singapore’s Business Times newspaper reported, without citing a source.
A land title document seen by AFP lists Dyson and his wife Deirdre as joint tenants of the 99-year leasehold property, with the sale registered on June 20.
The company confirmed Dyson, 72, had bought a property in the city.
The luxury home at Wallich Residence sits on the top three floors of a 64-story, 290-meter high tower — the tallest in Singapore — which is in the business district and has panoramic views over the area.
It has five bedrooms, each with their own en-suite bathroom, a private garden and a viewing deck on the 62nd floor, according to a sales brochure for the property.
It also has a private lift.
The purchase is the most expensive for a condo in the city-state — where property is among the world’s costliest — beating the nearly $44 million paid by Facebook co-founder Eduardo Saverin for a penthouse in 2017, according to the newspaper.
But it is below a price tag of over $73 million originally sought for the Wallich property.
A Dyson spokesman declined to give details of the purchase but told AFP: “Given the decision to locate the headquarters in Singapore and the growing focus of the company’s business in the region, of course James Dyson has bought a property there.”


Malaysia to push Southeast Asian nations for long-term solution to smog

Updated 19 September 2019

Malaysia to push Southeast Asian nations for long-term solution to smog

  • Malaysia and neighboring Singapore have been choked by smoky air blown in from forest fires started to clear land for plantations
  • The situation forced schools to shut and many people to wear masks so as to avoid inhaling smog particles

KUALA LUMPUR: Malaysia will push its Southeast Asian neighbors to strengthen cooperation in finding a long-term solution for smog wafted across the region from forest fires in Indonesia, its environment minister said on Thursday.
In the past few weeks, Malaysia and neighboring Singapore have been choked by smoky air blown in from forest fires started to clear land for plantations, forcing schools to shut and many people to wear masks so as to avoid inhaling smog particles.
“I will have a conference call with the ASEAN secretary-general to raise our views and also express our hope for a more effective mechanism at the ASEAN level for a long-term solution,” Environment Minister Yeo Bee Yin told a news conference, but did not elaborate on other participants.
All three countries belong to the 10-member Association of Southeast Asian Nations (ASEAN), which set up a regional haze action plan in 1997, but Malaysia thinks the grouping has not done enough to evolve a long-term solution.
Among its efforts to tackle the hazard, Malaysia could pass a new law to punish any of its companies responsible for starting fires, but only international cooperation could yield a lasting solution, Yeo added.
“Cloud seeding is only temporary. A law here would only deal with Malaysian companies. What we need is international cooperation for a long-term solution.”
On Tuesday, Prime Minister Mahathir Mohamad had said Malaysia was considering a new law to compel its companies to tackle fires on land they control abroad.
Yeo said Malaysia will keep up cloud seeding efforts to bring temporary relief in badly-hit areas. This involves spraying chemicals, such as sodium chloride and magnesium oxide, from aircraft in order to spur rainfall.
Malaysia will also consider deploying drones to help in cloud seeding, Mahathir told a separate news conference.
Malaysia’s Islamic Development Department issued the text of a special plea for divine intervention to disperse the smog, to be recited after weekly prayers on Friday by mosque congregations nationwide.