By Evelyn Lam/Evelyn Choo, Channel NewsAsia 29 October 2009
SINGAPORE: Ideal Accommodation' s appeal against the S$8.7 million compensation to Cove Development has been dismissed.
Earlier this year, Ideal Accommodation 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.
The case was heard behind closed doors at the Supreme Court on Thursday.
The compensation was equivalent to two months of rent collected from all the units.
Cove Development terminated its lease with Ideal Accommodation to regain possession of the apartments in June this year.
Martin Koh/ Sherry Tang