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$7m house legally belongs to firm, not buyer's son: Top court

Mar 04, 2019 - The Straits Times (Singapore)

A property worth more than $7 million changed hands when an appeal court ruled it belonged to a family-owned company instead of only one of the children as found by the High Court last year.

The man had argued earlier that his father had bought the house for him but registered it in the company's name so that it would not go to his wife in the event of a divorce.

But the Court of Appeal last Thursday allowed the appeal by Geok Hong Company as it found that the family of the late Ta...