Man fails in suit against brother for 10% of $9.3m proceeds from One Tree Hill property sale
newscatcher
2023-04-09 20:30
Man fails in suit against brother for 10% of $9.3m proceeds from One Tree Hill property sale
Two brothers gifted a house by their father more than 40 years ago ended up in court when one sued the other to claim 10 per cent of the $9.3 million proceeds from the sale of the One Tree Hill property. Mr Tan Tien Sek, 68, said he transferred his one-tenth share of the property to Mr Tan Tien Sai, 65, in 2000 so that the younger man could mortgage the property to tide over his financial difficulties. He alleged that it was only because his brother promised to pay him 10 per cent of the proceeds upon the sale of the property that he signed documents to effect the transfer.

https://www.tnp.sg/news/singapore/man-fails-suit-against-brother-10-93m-proceeds-one-tree-hill-property-sale

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