Centennial falling granite: Owner wins suit against designer, sub-con
Court rules against Dragages and Builders Shop; it says cladding was structurally unsafe
Singapore
MILLENIA Pte Ltd, the owner of Centennial Tower, has won its lawsuit against the skyscraper's designer and builder Dragages Singapore and cladding works sub-contractor Builders Shop over the building's granite cladding.
The company had sued for breach of the deed of warranty and a settlement agreement. The breaches have caused Millenia to incur recladding costs and losses arising from the falling of a granite stone panel from the 35-storey skyscraper in Temasek Avenue in 2011.
In a 355-page judgment released on Tuesday, Justice Quentin Loh ruled that Dragages and Builders Shop are liable to Millenia. He found that the cladding installed by Builders Shop "contained serious and substantial defects which rendered it structural…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
DBS puts 46 retail units, HDB shops on market for S$210 million
US mortgage rates jump above 7% for the first time this year
Far East Shopping Centre back on market at unchanged S$928 million asking price
London mansions sold at 30% discount spell gloom for luxury market
Delfi Orchard up for collective sale at S$438 million guide price
US existing home sales drop in March; median price increases