Introduction In this matter decided by the High Court, the Plaintiff buyer was granted an Option to Purchase by the Defendant seller. The Defendant then refused to accept the exercise of the Option by the Plaintiff on the grounds that the Option was invalid. The...
Article contributed by: Contact Person: Gary, +65 9107 5225, gary@smtplaw.com, www.smtplaw.com, M/s Sim Mong Teck & Partners. – Introduction This case was first reviewed in our September 2013 Newsletter on the High Court’s decision. The Court of Appeal...
Article contributed by: Contact Person: Gary, +65 9107 5225, gary@smtplaw.com, www.smtplaw.com, M/s Sim Mong Teck & Partners. – A silver tsunami is due to hit Singapore in a couple of decades. Are we prepared for it? As the saying goes, “always plan ahead,...
Investing in a second home? There is a very little known CPF rule which applies when you are buying a second or subsequent property. This article is intended as a guide and we have taken every reasonable effort to make sure information is correct. Information is...
Article contributed by: Contact Person: Gary, +65 9107 5225, gary@smtplaw.com, www.smtplaw.com, M/s Sim Mong Teck & Partners. – Background The Sellers had granted to the Purchaser an Option to Purchase a property at the price of $1,850,000 (“Option”) in...
