40 home owners of Ampas Apartment sue Oxley subsidiary over collective sale dispute

An exterior view of the Ampas Apartment building situated at 5 Jalan Ampas, on Jan 18, 2019.
An exterior view of the Ampas Apartment building situated at 5 Jalan Ampas, on Jan 18, 2019.ST PHOTO: SAHIBA CHAWHARY

SINGAPORE - Forty home owners of 43-unit freehold Ampas Apartment, which was sold last year in a $95 million collective sale, have sued the buyer for wanting to pull out of the deal.

Buyer Oxley Jasper, a subsidiary of public-listed Oxley Holdings, said it was entitled to call off the deal after its proposal for a new residential development was rejected by planning authorities.

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