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Owner ordered to pay $382K agent's fee. PDF Print E-mail
Friday, 16 January 2009 14:25
The owner of 32H Nassim Road has been ordered by the Singapore District Court to pay the commission of $382,500 to the property agent for securing the sale of the property for $25.5 million. The owner, Mdm Lam Cheng Yee, had claimed that she was entitled to cancel the payment to Ms Cindy Wong of Areco International who clinched the sale, as it was revealed after sale that the buyer was her neighbour at 32K Nassim Road. Mdm Lam argued that had she knew the buyer was her neighbour, she would have got a better price, as generally an adjoining property will command a premium.



Where Izzit? : 32H Nassim Road, Singapore