The High Court on Thursday dismissed Ideal Accommodation’s appeal against a court order to pay Cove Development rental arrears amounting to over $872,000.
The sum represents approximately two months of rental arrears for units at Grangeford Apartments which were leased to Ideal.
Earlier this year, Ideal was charged with illegally renting out 171 units of Grangeford Apartments – 141 of which had been divided into 600 sub-units, violating the Planning Act.
Cove Development terminated its lease with Ideal Accommodation to regain possession of the apartments in June this year.
Source: Channel News Asia, 30 Oct 2009