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Billionaire James Dyson buys Singapore's most expensive penthouse flat

The penthouse flat has views across Singapore. Photo: Getty Images

British billionaire and bagless vacuum inventor Sir James Dyson has bought the biggest, highest and most expensive flat in Singapore, according to reports.

Dyson and his wife splashed out 73.8 million Singapore dollars (£43.3m, $54.2m) on the three-storey “super penthouse” at the of top Singapore’s tallest building, the Business Times said.

Dyson’s purchase has topped the nearly $60m Singapore dollars paid by Facebook co-founder Eduardo Saverin for a penthouse in 2017, breaking the record for priciest purchase.

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While the Business Times did not specify its sources, Singapore newspaper The Straits Times said it has reviewed documents confirming the purchase.

Official title records seen by Reuters show Dyson and his wife became tenants of the 99-year leasehold property on 20 June, according to the publication.

The Wallich Residence uber penthouse boasts 21,000 square feet across three levels, and overlooks Singapore’s central business district.

James Dyson speaks during the Dyson supersonic hair dryer launch in New York City. Photo: Jason Kempin/Getty Images for Dyson

It comes with a private, exclusive infinity pool, a cabana, a jacuzzi room, a bar and an entertainment room, as well as a private lift lobby from the basement car park.

The residence also contains a networking suite, a sky garden, a small theatre, gourmet and casual dining rooms, additional pools and cabanas, a gym, and a residents’ lounge on the ground floor.

Industry experts recently valued the property at over $100m.

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Singapore is one of the most expensive places in the world to buy a home, second only to Hong Kong, according to the latest Global Living report by real estate group CBRE.

The purchase comes nine months after Dyson unveiled plans to build an electric car plant in Singapore.

In January, he confirmed Dyson’s headquarters will also move to Singapore from Britain, in order to be closer to its fastest-growing markets.