Monday, September 9, 2013
Ho Bee
Ho Bee: The first condominium developer in Sentosa Cover is currently undergoing a lawsuit over alleged defects at The Coast. The lawsuit was filed against Ho Bee and the three contractors by almost half the owners (108) after the developer failed to fix termite-infested pool decking and flooded staircases at the 249-unit development.
Ho Bee denied the allegations in court filings on 27 Aug, blaming the defects on the management corporation’s negligence after the responsibility has been handed over in Dec 2010.
According to BCA's project list, Kim Seng Heng Engineering Construction, wholly-owned subsidiary of Kim Seng Heng Holdings, was involved in the $121m construction project which completed in 2009.
On a separate note, management of the group have been slowly increasing stakes over the past 3 months from 71.0% to 71.4%.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment