SUBSCRIBERS

China businessman sues Huttons and agent for alleged misrepresentation in property deal

Jessie  Lim

Jessie Lim

Published Tue, Nov 21, 2023 · 09:36 PM
    • Lloyd SixtyFive is a freehold condominium unit in the Killiney Rd area where Chinese businessman Chen Qiming bought a unit in 2018.
    • Lloyd SixtyFive is a freehold condominium unit in the Killiney Rd area where Chinese businessman Chen Qiming bought a unit in 2018. PHOTO: FACEBOOK

    A CHINESE businessman is seeking about S$1.5 million in damages from a Huttons property agent who allegedly promised to sell a new condominium unit that he had been “induced” to buy.

    However, the property agent, Ong Jianlong, did not do so before Chen Qiming’s Option to Purchase (OTP) for the S$5.1 million unit expired, resulting in Chen forfeiting payments made.

    On Tuesday (Nov 21), Chen’s case was heard in the High Court on the first day of a trial in which Ong and Huttons Asia are named as defendants.

    Copyright SPH Media. All rights reserved.