Singapore rent reviewcommercial leaseexpert determination

Ngee Ann Development Pte Ltd v Takashimaya Singapore Ltd

[2017] SGCA 42

JurisdictionSingapore

CourtSingapore Court of Appeal

Year2017

StatusBinding authority

Key Principle

A rent review clause requiring determination of 'prevailing market rental value' is assessed by reference to comparable transactions in the open market.

Area of Law

property

Related Cases

Low Heng Leon Andy v Low Kian Beng Lawrence [2018] SGCA 48; [2018] 2 SLR 799

Chan Yuen Lan v See Fong Mun [2014] 3 SLR 1048

Foo Jong Peng v Phua Kiah Mai [2012] 4 SLR 1267

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