Yet at the same time, is both tranquil and private. Billionaire Sit Kwong Lam has lost a court case to keep floor deckings and an air-conditioning unit affixed to common property adjoining his Ardmore Park penthouse in Tanglin. Straits Times / 19 Mar 2021 TOC editor, contributor fail in … Get unlimited access to all stories at $0.99/month for the first 3 months. Read more > SOLD: $51 million Ardmore Park penthouse According to the PropNex agent, the tycoon was referred to her by a client whom she had previously served at Marina Bay Residences. The project was completed in 2001 with a total of 330 units available for sale or rent. Ardmore Park is situated nearby to Kenilworth. Zillow has 232 homes for sale in Ardmore Park Ardmore. The Airpark is also accessible from Ardmore utilizing the four-lane Highway 77N to Highway 53E. Once the bankruptcy proceedings against Dr Sit kicked in, his lawyers tried to have them thrown out, but the judge found “no merit” in their arguments. Dr Sit Kwong Lam, who was listed as a billionaire by Forbes in 2017 but dropped off last year, had provided a personal guarantee for US$30 million worth of goods that Singapore bunker supplier Brightoil Petroleum Singapore had bought from Petrolimex Singapore, based on two invoices billed in April last year. SPH Digital News / Copyright © 2021 Singapore Press Holdings Ltd. Co. Regn. The Draycott Park, Draycott Drive and Ardmore Park enclave is also renowned as the “billionaires’ belt”. Ardmore Park tycoon declared bankrupt in Hong Kong 04/17/2019 SINGAPORE – The tycoon who made headlines in 2017 for his run-in with the management committee of the Ardmore Park condominium was declared bankrupt in the Hong Kong High Court last week. 26717 Little Mack Ave, St. Clair Shores, MI 48081 | (586) 443-4597 16833 NE 30th St Located in east Bellevue, Ardmore Park at 29.19 acres features a variety of plant and animal species indigenous to this area. The self-made tycoon has made news before. Ardmore Park, PA Directions {{::location.tagLine.value.text}} Sponsored Topics. What is rare is amalgamating two penthouses in a luxury condo. Amalgamating two apartments, or a penthouse and a typical unit, is not unheard of. “This court is not satisfied there is a reasonable prospect of the debt being paid, either by Brightoil Singapore or the debtor, within a reasonable time,” Hong Kong High Court Judge Peter Ng said in decision grounds last week. The judge pointed out that Dr Sit had accepted he would be liable for the repayment, based on his guarantee. Dr Sit, who holds a doctorate from Nanjing University, plans to appeal against the order and seek re-appointment as director. Living at the Ardmore Park address is a rare privilege, one that showcases sophistication in lifestyle and appreciation of design. Home » Asia » Ardmore Park tycoon declared bankrupt in Hong Kong. We proudly carry Avalon, Silverwave Pontoons, Suzuki Marine, Xpress, Falcon, Polar Kraft, Bass Cat, Excel & Epic Boats. A rare penthouse located in the prestigious Draycott-Ardmore Park enclave is now on the market. SINGAPORE – The tycoon who made headlines in 2017 for his run-in with the management committee of the Ardmore Park condominium was declared bankrupt in the Hong Kong High Court last week. The judge added the council's refusal to consent to the timber deckings was not unreasonable, noting that the evidence did not show a compelling case for installation. The council, defended by lawyers Subramaniam Pillai and Perera Randall Mingyang of Colin Ng & Partners, countered the areas were common property and findings of fact by the board substantiated by evidence were not open to challenge. From Mapcarta, the open map. The areas did not, therefore, constitute common property. In 2017, he challenged the decision of the Ardmore Park management committee, which had asked him to remove the additions made to the external facade of his penthouse. The judicial commissioner found that the works were situated in common property which was areas not for the exclusive use of the occupiers of Dr Sit's unit. Ardmore Park is a freehold condominium development that is located at Ardmore Park in District 10. At issue were the timber deckings he had installed over the entire roof outside his unit, including the floor trap and drainage system, as well as two ledge areas that ran along a segment of his condo unit's external facade. You have reached your limit of subscriber-only articles this month. But the High Court did highlight that the case raised the "interesting" question of what the law means by common property after Dr Sit's lawyer argued that the works were installed on areas not visible or accessible to anyone. Dr Sit took his case to the High Court, where Judicial Commissioner Kannan Ramesh, in judgment grounds released on Tuesday, noted how "both parties spilt much ink and spent much energy" on the issue of what constitutes common property. Help. Until we resolve the issues, subscribers need not log in to access ST Digital articles. About the Ardmore Industrial Airpark. To the north are the Arbuckle mountains, home to Turner Falls Park (580-369-2917) and the Chickasaw National Recreation Area complete with scenic drives and nature trails. ), a covered bridge that's super cool, tons of grassy areas if you have dogs that need to "run," and two really great playground setups. A distinctive façade coupled with its strategic location, Le Nouvel Ardmore is dynamic by design. It’s safe to say that he and Vicki, 44, are pretty much seasoned pros when it comes to making big investments, with their impressive portfolio in real estate, jewellery, and wine. Ardmore, OK 73401. The judge noted that the general body had also refused support for Dr Sit's use of the property at the April 2015 annual general meeting. He also stepped down as company CEO and as director in various subsidiaries in the group. Get directions, reviews and information for Ardmore Park Apts in Ardmore, AL. Our dealership is full service with repair, parts, and finance departments on site. Attractive and safe playgrounds throughout the parks provide fun for all children. Petrolimex had applied for a bankruptcy order against Dr Sit. Suburban Square, opened in 1928 as one of the earliest shopping centers in the United States, is located adjacent to the Ardmore train station. They can read the article in full after signing up for a free account. Available is the 4+1 bedrooms units at 2,885 sq ft. All rooms are large and square in size. Muhammad Alif Ab Rahim attacked his victim at Kallang Riverside Park between about 9pm and 11pm on Oct 24, 2017. We have three locations in Oklahoma: Oklahoma City, Kingston, and Tulsa near Norman, Ardmore, Stillwater, and Broken Arrow. "To hold that the (council) withheld consent unreasonably in such circumstances would countenance such conduct," he noted. Box 249 Ardmore, … All done! Dr Sit, chairman of Hong Kong-listed Brightoil Petroleum Holdings and whose net worth is listed at US$2.1 billion (S$2.9 billion) by Forbes, went to court after the Strata Titles Board (STB) last year rejected his application to keep the installations. BPS had owed Petrolimex US$30,253,600 in April last year when Dr Sit stepped in to personally vouch that the amount would be paid about three months later. Legal. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. He lost his battle but, in the process, the Court of Appeal clarified the touchy issue of what constitutes “common property” in a condo complex. Tycoon Sit Kwong Lam loses case over works done outside Ardmore Park condo unit High Court case over installations outside penthouse raises issue of … But a log-in is still required for our PDFs. Menu & Reservations Make Reservations . Ardmore Park Place, St. Clair Shores, Michigan. Ardmore Park is located at the prestigious and exclusive Ardmore Road. We and our partners use cookies on this site to improve our service, perform analytics, personalize advertising, measure advertising performance, and remember website preferences. These people are located in 21 cities. Visitors have the opportunity to see Bald Eagles, Red … Tycoon Sit Kwong Lam loses case over works done outside Ardmore Park condo unit High Court case over installations outside penthouse raises issue of what constitutes common property Billionaire Sit Kwong Lam has lost a court case to keep floor deckings and an air-conditioning unit affixed to common property adjoining his Ardmore Park penthouse in Tanglin. A version of this article appeared in the print edition of The Straits Times on March 31, 2017, with the headline 'Tycoon loses case over works done outside condo unit'. In the wake of the bankruptcy order, Hong Kong-listed Brightoil Petroleum Holdings, a group involved in various oil and gas actitivities, announced on Tuesday (April 16) that Dr Sit had stepped down as chairman and executive director of the company last Thursday. Ardmore Park has been around ages - it's on Collier, past 28th but before you get to Howell Mill - and it spans over to Peachtree on the backside. In addition to the Ardmore Park penthouse, Youlong also owns another four-bedroom apartment in another block of the condo. Talk about a power couple. Planet Aid operates in the following areas: Massachusetts, Southern New Hampshire, Southern Maine, Rhode Island, and Eastern Connecticut; Upstate New York (Buffalo, Rochester, and Syracuse) Staff. At a hearing before Justice Aedit Abullah on Wednesday, Drew & Napier lawyer Blossom Hing, representing BPS, successfully argued to extend a stay on all proceedings until end-May for the company to present restructuring proposals to stop the winding-up application. There are 34 phone book listings for people that are named Robert Grady in Massachusetts. This park has become a favorite field trip and birding trip destination. Nearby at Ardmore Park is Abelia, an 11-storey condominium owned by Singaporean tycoon and investor Peter Lim with his family, together with his wine and car collection.Eden is adjacent to The Tanglin Club and right opposite The American Club (Photo: Swire Properties)Nearby is also Le Nouvel Ardmore, with just 43 exclusive units. Ardmore's neighborhood parks are busy with activity throughout the entire year. When the July 10 deadline could not be met, BPS undertook to pay its dues in four instalments by November. 1.2K likes. Billionaire Sit Kwong Lam lost his High Court appeal to keep floor deckings and an air-conditioned ventilation unit on a wall next to his Ardmore Park penthouse unit. South of town is Lake Murray State Park (580-223-4044), with the picturesque, WPA-built Tucker Tower Nature Center. Referring to the ledges, he added that "the appellant took matters into his own hands and acted inappropriately by doing something he was barred from doing, whatever his motivations might have been". Join ST's Telegram channel here and get the latest breaking news delivered to you. We are a small, intimate restaurant that excels in personal yet professional service and a relaxing atmosphere. Ardmore Park is one of Singapore’s top condominium apartment in terms of location, quality, price and facilities. In declaring Dr Sit bankrupt, the court also ordered him to bear the legal costs. Its exclusive address at 1A Ardmore Park offers accessibility. Ever felt like you’re at the crossroads of your career and wondered if law is the “right job” for you? Name Title Email Phone Church, Mat Bldg Maintenance Specialist 580-223-0136 Hubbard, JaMia Program Director 580-223-0136 Lakeview Golf Course . Read 3 articles daily and stand to win ST rewards, including the ST News Tablet worth $398. But the cool thing I just learned is that there's a walking trail that's been installed (they even have "lane markers" if you're a biker! The Ardmore Industrial Airpark, formerly an Army Air Force Base, is situated 16 miles NE of Ardmore. No. The gift link for this subscriber-only article has expired. 1.2K likes. The STB found he had breached by-laws made by the condo's management council under the Building Maintenance and Strata Management Act and the works were done on common property. Residents and visitors enjoy several recreation areas, including South Ardmore Park, which is located in neighboring Wynnewood, though many mistake it for Ardmore. Ardmore, OK 73401 (580)221-2566 (Office) Today's Hours: 11am - 8pm This new Family Entertainment Center is located in Regional Park in Ardmore. Phone: 580-223-0136. Tycoon Sit Kwong Lam loses case over works done outside Ardmore Park condo unit Air-con man's fatal fall ruled a misadventure Plan to limit proxies one can hold at condo meetings 3 / 3 Permanent walking paths are available that provide for easy walking regardless of the weather. Nearby at Ardmore Park is Abelia, an 11-storey condominium owned by Singaporean tycoon and investor Peter Lim with his family, together with his wine and car collection. Ardmore Park is a park in King County and has an elevation of 328 feet. Dr Sit is studying the decision with his lawyers before deciding whether to proceed with the appeal. Petrolimex, a subsidiary of Vietnam National Petroleum Group, is seeking to recover the US$30 million it is owed. The court was also not convinced that BPS would be able to arrange refinancing in the future to repay the debt within a reasonable time. Reviews (256) 423-6586. We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Link: Community Center. Dr Sit had installed timber deckings over the entire roof outside his unit without permission, and then claimed the area was not common property – an argument that the court rejected. Ardmore Park tycoon declared bankrupt in Hong Kong. It was created by amalgamating two penthouses and offers 360-degree city views. 313k members in the singapore community. A variety of beautiful shade trees give park patrons a "cool spot” to sit and relax. We are a small, intimate restaurant that excels in personal yet professional service and a relaxing atmosphere. The cities are Gardner MA, Gloucester MA, Holden MA, Hyde Park MA, Mashpee MA, Medford MA, Medway MA, Mendon MA, Milford MA, N Attleboro MA, North Reading MA, Oxford MA, Pittsfield MA, Somerville MA, Springfield MA, Webster MA, Westborough MA, Wilkinsonvile … Share gift link below with your friends and family. Notre Dame Cathedral blaze prompts a look back at historic Kingston fires, Toppled Sudan leader Bashir moved from residence to Khartoum's Kobar prison: Relatives. This article is now fully available for you, Please verify your e-mail to read this subscriber-only article in full. Get directions, maps, and traffic for Ardmore Park, PA. All rights reserved. Last month, SC Global forked out $262 million for The Ardmore, just a few doors away at 6 Ardmore Park. He had also installed an air-con vent on an adjoining wall, arguing that the penthouse ventilation system was inadequate. Physical Address: 3905 N. Commerce P.O. His latest legal spat involves Brightoil Petroleum Singapore (BPS), which is owned by the parent holding company in Hong Kong. Fax: 580-223-8671. Join us for a roundtable with our panelists who will share their … Meanwhile, Petrolimex has also started proceedings in the Singapore High Court to wind up BPS. Check flight prices and hotel availability for your visit. Most of these castles still exist but some of them have sadly been completely or partially demolished or even relocated. Tycoon Marine is here for all your new & used boat and outboard needs. Tay said he made five deals between January and the end of March in the upmarket district of Ardmore Park, each worth at least 8.5 million Singapore dollars ($6.1 million). The nature lover is bound to have a good time in Ardmore. By registering, you agree to our T&C and Privacy Policy. 198402868E. Ardmore Park Apts 29420 Ardmore Park Ardmore AL 35739. It is a mature condominium development. Dr Sit also extended his guarantee to cover the amount, but neither he nor BPS paid up. From Interstate 35, take State Highway 53E, a super-wide improved two lane, 9 miles directly into the Airpark. He took the case all the way to the top court. Welcome to /r/singapore the reddit home of the country Singapore. Ardmore Park Place, St. Clair Shores, Michigan. Dr Sit's lawyer, WongPartnership's Senior Counsel Alvin Yeo, had argued, among other things, that the ledges could not be accessed by any unit owner and the council had not shown evidence of common usage or common purpose for the other two areas affected. Massachusetts is home to many historic sites and historic houses, including a number of castles.These castles were mostly built during the 19 th century and the early 20 th century and feature towers, drawbridges, courtyards and great halls.. Nor BPS paid up ardmore park tycoon subscriber-only articles this month did not, therefore, constitute common property a of. 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