SINGAPORE – A man who co-owns a condominium unit with his mother and made all the payments for the property has lost his half-share of the $1.5 million apartment after he sued the widow for her stake.
In the written judgment issued last Tuesday, Justice Philip Jeyaretnam said the evidence showed that funds earmarked by Mr Satrio for Madam Yong, and controlled by Mr Cheng, were used directly or indirectly to purchase the unit. The couple had three children. Mr Cheng, their second child, has an older brother, Mr Chen Sie, and a younger sister, Ms Bai Yun.
Mr Cheng did not live at the disputed unit, but took out a mortgage of $790,000, which he serviced, and paid the property tax, maintenance fees and utility bills. Mr Cheng said that he had named Madam Yong as the co-owner to assuage her concerns that he would change his mind about letting her live there.
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