To this technocrat, an ultra-prime roost in the Singapore skyline is no object
James Dyson, founder of the eponymous British vacuum cleaner brand, and his wife have been identified as buyers of the SGD73.8-million (USD54.2 million) penthouse atop the Wallich Residence in Singapore.
With a floor area of 21,108 square feet, it had been one of only 11 ‘super penthouses’ for sale in the world as of April 2019, according to Sotheby’s International Realty (List SIR). Dyson and his wife became tenants of the 99-year leasehold property on 20 June, according to documents obtained by Reuters.
The development, winner of Best Luxury Condo Development at the 2017 Asia Property Awards (Singapore), takes up the highest and most valuable floors of Tanjong Pagar Centre, Singapore’s tallest building.
The couple’s purchase comes just a few months after Dyson announced he would be moving his company’s headquarters from the UK to Singapore, where the company plans to roll out its first line of electric cars.
“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,” a Dyson spokesman told various Singapore media.
The project’s luxurious units span from the 39th floor all the way up to the 64th floor, where Dyson’s unit, a three-level penthouse, holds court. An infinity pool, elevated 180 metres above ground, is one of many pinnacles for the supertall project.
“We wanted to create a very unique product,” explained Cheng Hsing Yao, group managing director of Guocoland, the development firm behind Wallich Residence and Tanjong Pagar Centre.
“The city centre is full of tall buildings, and in order for us to create a product such that all units are prime with unblocked views, we have to place the residence at the apex of the development.”
Inspired by botanist Nathaniel Wallich, Wallich Residence is housed in the ‘vertical city’ that is Tanjong Pagar Centre, which also features an urban park, grade-A offices, and even a hotel (Sofitel Singapore City Centre).
Guocoland went on to win Best Developer at the 2017 Asia Property Awards Grand Final: besting eight esteemed firms from all over Asia.
What luxury condo development do you think should win this year’s Asia Property Awards (Singapore)? Find out more about this and other categories at https://www.asiapropertyawards.com/award/asia-property-awards-singapore/. Nominations close on 9 August
Indonesia eyes second-term benefits to property sector
Insiders believe that the re-election of President Joko Widodo will promote a form of continuity with benefits
Laos looks to China after being derailed
The long-anticipated rail link between Vientiane and southern China may alter the dynamics of the property sector
The state of zero-carbon development in Asia
Zero-energy building projects need to go beyond one-off showpieces
Myanmar gets a dose of retail therapy
A boom in retail is giving developers ample reason to splash the cash