Hong Kong billionaire loses court case on condo common property: Other condos in the news
The chairman of Hong Kong-listed Brightoil Petroleum Holdings lost a court case involving the law on common property in Singapore on Tuesday (March 28). Dr Sit Kwong Lam, whose net worth is listed at US$2.1 billion (S$2.9 billion) by Forbes, lost the case to keep floor deckings and an air-conditioning unit affixed to common property adjoining his Ardmore Park penthouse in Tanglin. At issue were the timber deckings he had installed over the entire roof outside his unit, including the floor trap and drainage system, as well as two ledge areas that ran along a segment of his condo unit’s external facade. Read the article………….
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When he bought a $2 million double-storey penthouse at 19 Shelford condominium, off Adam Road, in February, he thought he