Oct 19, 2020
Sir James Dyson to sell his Singapore penthouse
Sir James Dyson has agreed to sell his Singapore penthouse, just one year after buying it. Singapore's Business Times reported that he accepted an offer for $62m Singapore dollars from US-based billionaire Leo Koguan. The sale price is lower than the reported purchase price of S$73.8m. Sir James bought the flat last year after announcing he was moving Dyson's headquarters to Singapore. Dyson chose the historic St James Power Station in Singapore as the site of its new global headquarters late last year. "Dyson remains fully committed to expanding its research and development footprint and other operations in Singapore," a company spokesman said.
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