UNITED OVERSEAS BANK LIMITED v LIPPO MARINA COLLECTION PTE. LTD. & 7 Ors

[2025] SGHC 232 High Court (General Division) 26 November 2025 • S 1250/2014 ( HC/AD 18/2023 ) • 44 min read

15 cases cited (12 SG, 3 foreign)

Catchwords

Damages — Assessment Damages — Mitigation — Tort Damages — Measure of damages — Tort Civil Procedure — Damages — Interest

Practice Areas

Damages Civil Procedure

Judges (1)

Aidan Xu @ Aedit Abdullah Delivered

Counsel (11)

Siraj Omar LLC Firm TKQP Law LLP Firm Alcina Lynn Chew Aiping Counsel Plaintiff Foo Yiew Min Counsel Plaintiff Grace Ho Jia Hui Counsel Plaintiff Hendroff Fitzgerald L Counsel Defendant Leong Qianyu Counsel Plaintiff Lu Yanrong Elycia Counsel Plaintiff Ng Ka Luon Eddee Counsel Plaintiff Siraj Omar Counsel Defendant Tan Shih Rong Robbie Counsel Defendant

Parties (4)

Lippo Marina Collection Pte Ltd Defendant United Overseas Bank Limited Plaintiff Aurellia Adrianus Ho also known as Filly Ho Defendant Goh Buck Lim Defendant

Case Significance

[2025] SGHC 232 is a High Court (General Division) decision dated 26 November 2025 concerning Civil Procedure and Damages, specifically addressing assessment, mitigation, and measure of damages. The judgment was delivered by Aidan Xu @ Aedit Abdullah. The case was brought by United Overseas Bank Limited (plaintiff) against Lippo Marina Collection Pte Ltd and others (defendant). Legal representation was provided by TKQP Law LLP and Siraj Omar LLC. The judgment cites 15 cases (12 Singapore, 3 foreign) and references 4 statutory provisions, including the Civil Law Act, the Courts Ordinance, and the English Supreme Court Act.

Summary

UOB claimed $92 million in damages against Lippo Marina Collection and its property agents for a fraudulent 'Furniture Rebates' scheme that concealed the true purchase prices of 38 condominium units, causing UOB to over-lend and breach MAS regulations. The court awarded UOB $17,738,446.53, significantly reducing the claim primarily on the basis that UOB had failed to mitigate its losses by not selling the repossessed units earlier when seller stamp duty was removed.

What was decided in [2025] SGHC 232?

[2025] SGHC 232 (UNITED OVERSEAS BANK LIMITED v LIPPO MARINA COLLECTION PTE. LTD. & 7 Ors) is a High Court (General Division) decision from 26 November 2025 addressing Civil Procedure and Damages, specifically assessment, mitigation, and measure of damages. The judgment was delivered by Aidan Xu @ Aedit Abdullah.

Who were the parties in UNITED OVERSEAS BANK LIMITED v LIPPO MARINA COLLECTION PTE. LTD. & 7 Ors?

The plaintiff in [2025] SGHC 232 was United Overseas Bank Limited, and the defendant was Lippo Marina Collection Pte Ltd, Aurellia Adrianus Ho also known as Filly Ho. Legal representation included Siraj Omar LLC and TKQP Law LLP. The case was decided on 26 November 2025 in the High Court (General Division).

Which judge decided [2025] SGHC 232?

[2025] SGHC 232 was delivered by Aidan Xu @ Aedit Abdullah in the High Court (General Division) on 26 November 2025. The case concerned Civil Procedure and Damages.

What cases and statutes does [2025] SGHC 232 cite?

[2025] SGHC 232 cites 15 prior decisions, including 3 from foreign jurisdictions. It references Civil Law Act, Courts Ordinance, English Supreme Court Act.

Statutes Cited

Civil Law Act (Cap 30)

s 12

Courts Ordinance

s 11(2)(h)

English Supreme Court Act

s 35A

Supreme Court of Judicature Act (Cap 322)

Cases Cited (15)

SG (4)

[2017] SGHC 201 [2021] SGHC 283 [2022] SGHC(A) 38 [2023] SGHC 256

SLR (8)

[1997] 2 SLR(R) 173 [2000] 3 SLR(R) 769 [2008] 2 SLR(R) 623 [2008] 2 SLR(R) 909 [2009] 2 SLR(R) 385 [2010] 2 SLR 1154 [2016] 3 SLR 1308 [2024] 2 SLR 372

UK (2)

[1999] 2 WLR 295 [2008] 1 AC 561

AU (1)

[2019] FCA 1307

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2025] SGHC 232)