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Ngee Ann Development Pte Ltd v Takashimaya Singapore Ltd (Rent Review)

[2017] SGCA 44
JurisdictionSingapore
CourtSingapore Court of Appeal
Year2017
StatusBinding authority

Summary

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

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

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Zheng v Cai (2009) 239 CLR 446

In assessing personal injury damages, gratuitous or benevolent payments received by the plaintiff from third parties are not to be deducted from the damages award.

Farah Constructions Pty Ltd v Say-Dee Pty Ltd (Knowing Receipt) [2007] HCA 22

Knowing receipt of trust property requires actual knowledge of the breach of trust or circumstances that indicate impropriety to establish constructive trust liability.

Tanwar Enterprises Pty Ltd v Cauchi (Specific Performance) [2003] HCA 57

Equity presumptively grants specific performance of land sale contracts on the basis that land is unique, unless granting it would be unjust.

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