Couple caught in 99-1 property deal sue salesperson, PropNex unit, law firm for S$367,405
PropNex says it is in process of obtaining legal advice; board intends to ‘vigorously defend the suit’
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[SINGAPORE] A PropNex subsidiary, along with its salesperson and a law firm, have been sued over a “99-1” property transaction, by a married couple who allege a breach of duty by the three parties.
Among other things, the couple are claiming a sum of S$367,405, the amount in additional tax and surcharge that the authority had asked them to pay, for having avoided paying the relevant stamp duty for their purchase of a condominium unit.
Singapore permanent residents (PRs) Patil Prafulla Vasudeo and his wife, Patil Chitra Prafulla, are represented by WongPartnership’s Gavin Neo. They have named PropNex Realty salesperson Chin Ming Min and Anthony Law Corporation as defendants in the lawsuit.
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