A man who co-owns a condominium unit with his mother and made all the payments for the property has lost his half-share of the $1.5 million apartment after he sued the widow for her stake. Mr Cheng Ao, who was 56 during the trial in 2022, contended that Madam Yong Njo...
Mr Satrio set up Inhwa Tile Products in Xiamen, China. In 1992, he incorporated another company, Inhwa Tile Products in Qingdao, China.
Mr Cheng moved to Singapore in 2000. He bought a unit at Tropical Spring in 2001 and has since lived there with his wife and children.He allocated 45.35 million yuan to himself and Mr Cheng each, and 12.75 million yuan to Madam Yong and Mr Chen each. Mr Cheng did not live at the disputed unit, but took out a mortgage of $790,000, which he serviced, and paid the property tax, maintenance fees and utility bills.
He contended that he bought the disputed unit for his own investment or retirement, and permitted Madam Yong to live there. Justice Jeyaretnam said Mr Cheng had not proved that he had used his own monies to purchase the disputed unit.
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