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Court rules against S$17.5m collective sale of Beauty World Food Centre

It says price may not be best available as purchase option was given to interested buyer before valuation was made

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Beauty World Food Centre occupies the fourth floor of the strata-titled Beauty World Centre in Bukit Timah and comprises 41 food stalls, but the title of the property is contained in a single strata certificate.

Singapore

A POTENTIAL S$17.5 million collective sale of the Beauty World Food Centre has been stalled, after the High Court on Tuesday declined to give three of its trustees the power to go ahead with the deal.

In a decision delivered in chambers, the court said the price may not

sentifi.com

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