Hong Leong Singapore Finance Ltd v United Overseas Bank Ltd: Proprietary Estoppel & Land Titles Act
In Hong Leong Singapore Finance Ltd v United Overseas Bank Ltd, the High Court of Singapore addressed a proprietary estoppel claim by Yongnam Engineering & Construction Pte Ltd (YEC) against United Overseas Bank Ltd (UOB). YEC, a contractor for the Springleaf Tower project, claimed entitlement to a unit in the development after UOB, the mortgagee, foreclosed on the property. YEC argued that it continued work on the project based on the bank's representation that it would receive the unit. The court found that UOB had encouraged YEC to continue work with the expectation of receiving the unit, but only to the extent of a partial set-off arrangement. The court ordered UOB to transfer its interest in the unit to YEC upon payment of the difference between the unit's value and the value of YEC's work.
1. Case Overview
1.1 Court
High Court1.2 Outcome
Judgment in favor of Yongnam Engineering & Construction Pte Ltd; bank ordered to transfer interest in unit upon payment of specified amount.
1.3 Case Type
Civil
1.4 Judgment Type
Grounds of Decision
1.5 Jurisdiction
Singapore
1.6 Description
Proprietary estoppel case involving a contractor's claim to a unit in Springleaf Tower after the bank foreclosed on the mortgage.
1.7 Decision Date
2. Parties and Outcomes
Party Name | Role | Type | Outcome | Outcome Type | Counsels |
---|---|---|---|---|---|
Hong Leong Singapore Finance Ltd | Plaintiff | Corporation | Partial | Partial | T P B Menon, Tan Soo Kiang, Daniel Tan |
United Overseas Bank Ltd | Defendant | Corporation | Partial Loss | Partial | Thio Shen Yi, Karen Teo, Angela Thiang |
Yongnam Development Pte Ltd | Plaintiff | Corporation | Partial Win | Partial | Harish Kumar, Adrian Tan |
Yongnam Engineering & Construction Pte Ltd | Plaintiff | Corporation | Partial Win | Partial | Harish Kumar, Adrian Tan |
3. Judges
Judge Name | Title | Delivered Judgment |
---|---|---|
Sundaresh Menon | Judicial Commissioner | Yes |
4. Counsels
Counsel Name | Organization |
---|---|
T P B Menon | Wee Swee Teow & Co |
Tan Soo Kiang | Wee Swee Teow & Co |
Daniel Tan | Wee Swee Teow & Co |
Harish Kumar | Engelin Teh Practice LLC |
Adrian Tan | Engelin Teh Practice LLC |
Thio Shen Yi | TSMP Law Corporation |
Karen Teo | TSMP Law Corporation |
Angela Thiang | TSMP Law Corporation |
4. Facts
- YEC was a contractor for the Springleaf Tower project.
- STL was the developer of Springleaf Tower.
- UOB was the mortgagee of Springleaf Tower.
- YEC claimed entitlement to a unit in Springleaf Tower after UOB foreclosed on the mortgage.
- YEC alleged it continued work based on UOB's representation that it would receive the unit.
- There was no concluded contract between YEC and UOB.
- YEC lodged caveats against the Unit.
5. Formal Citations
- Hong Leong Singapore Finance Ltd v United Overseas Bank Ltd, OS 10/2003, 20/2003, [2006] SGHC 205
6. Timeline
Date | Event |
---|---|
Structural steelwork contract entered into between Tuan Kai and YEC. | |
YEC started work under sub-contracts. | |
YEC threatened to stop work if payment was not made. | |
YEC issued an ultimatum to stop work unless arrangements were made to assure regular payments. | |
YEC, Tuan Kai, and STL entered into a settlement agreement. | |
Controller of Housing gave consent for the standard form contract to be amended. | |
Standard form sale contract executed between STL, Liang Court and YDP. | |
Supplemental sale and purchase agreement executed between STL, Liang Court and YDP. | |
YEC completed works. | |
STL confirmed to YDP that it had received the full purchase price for the Unit. | |
STL's solicitors requested the discharge and release of the mortgage over the Unit. | |
YDP brought an action against STL and Liang Court for breach of the sales contracts. | |
Bank filed Originating Summons against STL seeking an order of foreclosure. | |
Order of foreclosure made foreclosing STL’s share in the land. | |
High Court dismissed YDP’s claim against Liang Court. | |
YDP’s appeal was dismissed by the Court of Appeal. | |
Judgment reserved. |
7. Legal Issues
- Proprietary Estoppel
- Outcome: The court found that the elements of proprietary estoppel were partially satisfied, leading to a partial remedy for the plaintiff.
- Category: Substantive
- Sub-Issues:
- Representation
- Reliance
- Detriment
- Unconscionability
- Related Cases:
- [1976] Ch 179
- (1866) LR 1 HL 129
- [1982] QB 133
- Foreclosure
- Outcome: The court held that the foreclosure order was liable to be set aside at least in so far as the interests of YDP and Hong Leong are concerned.
- Category: Substantive
8. Remedies Sought
- Order that the Unit be released and discharged from the mortgage registered by the bank.
9. Cause of Actions
- Proprietary Estoppel
10. Practice Areas
- Commercial Litigation
- Construction Law
- Banking Law
11. Industries
- Finance
- Construction
- Real Estate
12. Cited Cases
Case Name | Court | Affirmed | Citation | Jurisdiction | Significance |
---|---|---|---|---|---|
Yongnam Development Pte Ltd v Springleaves Tower Ltd | High Court | Yes | [2004] 1 SLR 348 | Singapore | Cited as a previous action related to the same factual matrix. |
Yongnam Development Pte Ltd v Somerset Development Pte Ltd | Court of Appeal | Yes | [2004] SGCA 35 | Singapore | Cited as a previous action related to the same factual matrix. |
Yongnam Engineering & Constructions (Pte) Ltd v Yeo Wee Kiong | High Court | Yes | [2006] SGHC 62 | Singapore | Cited as a previous action related to the same factual matrix. |
Browne v Dunn | N/A | Yes | (1893) 6 R 67 | N/A | Cited for the rule of fairness in cross-examination. |
Chan Emily v Kang Hock Chai Joachim | N/A | Yes | [2005] 2 SLR 236 | Singapore | Cited for the application of the rule in Browne v Dunn in modern litigation. |
Lo Sook Ling Adela v Au Mei Yin Christina | Court of Appeal | Yes | [2002] 1 SLR 408 | Singapore | Cited for the application of the rule in Browne v Dunn. |
Ong Jane Rebecca v Lim Lie Hoa | Court of Appeal | Yes | [2005] SGCA 4 | Singapore | Cited for the application of the rule in Browne v Dunn. |
Crabb v Arun DC | N/A | Yes | [1976] Ch 179 | N/A | Cited for the basis of proprietary estoppel and the interposition of equity. |
Ramsden v Dyson | House of Lords | Yes | (1866) LR 1 HL 129 | United Kingdom | Cited for the principle of proprietary estoppel arising from expectation created or encouraged by the landlord. |
Willmott v Barber | N/A | Yes | (1880) 15 Ch D 96 | N/A | Cited for the five probanda that had to be found in order to raise an estoppel. |
Taylor Fashions Ltd v Liverpool Victoria Trustees Co Ltd | N/A | Yes | [1982] QB 133 | N/A | Cited for the broader approach to proprietary estoppel, focusing on unconscionability. |
In re Basham, decd | N/A | Yes | [1986] 1 WLR 1498 | N/A | Cited in support of the approach taken by Oliver J in Taylor Fashions. |
Wayling v Jones | N/A | Yes | (1993) 69 P & CR 170 | N/A | Cited in support of the approach taken by Oliver J in Taylor Fashions. |
Gillett v Holt | N/A | Yes | [2001] Ch 210 | N/A | Cited in support of the approach taken by Oliver J in Taylor Fashions. |
Amalgamated Investment & Property Co Ltd v Texas Commerce International Bank Ltd | N/A | Yes | [1982] QB 84 | N/A | Cited in support of the approach taken by Oliver J in Taylor Fashions. |
Habib Bank Ltd v Habib Bank Zurich AG | N/A | Yes | [1981] 1 WLR 1265 | N/A | Cited in support of the approach taken by Oliver J in Taylor Fashions. |
Walton Stores (Interstate) Ltd v Maher | High Court of Australia | Yes | (1988) 164 CLR 387 | Australia | Cited in support of the approach taken by Oliver J in Taylor Fashions. |
Lemon Grass Pte Ltd v Peranakan Place Complex Pte Ltd | High Court | Yes | [2002] 4 SLR 439 | Singapore | Cited as a case where Taylor Fashions was followed in Singapore courts. |
Lim Ah Mee v Summerview Developments Pte Ltd | High Court | Yes | [1998] SGHC 87 | Singapore | Cited as a case where Taylor Fashions was referred to in Singapore courts. |
Bank of China v Yong Tze Enterprise (Pte) Ltd | High Court | Yes | [2005] 2 SLR 761 | Singapore | Cited as a case where Gillett v Holt was followed in Singapore courts. |
Goh Swee Fang v Tiah Juah Kim | Court of Appeal | Yes | [1994] 3 SLR 881 | Singapore | Cited as a case that did not cite Willmott. |
Tan Bee Giok v Loh Kum Yong | Court of Appeal | Yes | [1997] 1 SLR 153 | Singapore | Cited as a case that did not cite Willmott. |
LS Investment Pte Ltd v Majlis Ugama Islam Singapura | High Court | Yes | [1998] 3 SLR 754 | Singapore | Cited as a case where Willmott was cited, but the analysis was not conducted on the basis of the five probanda. |
Keppel TatLee Bank Ltd v Teck Koon Investment Pte Ltd | High Court | Yes | [2000] 2 SLR 366 | Singapore | Cited as a case that cited Taylor Fashions in support of the proposition that there will not be an estoppel by acquiescence unless the party estopped is aware of his own rights and of the innocent party’s mistaken belief. |
Orion Finance Limited v J D Williams & Company Limited | English Court of Appeal | Yes | [1997] EWCA Civ 1 | England and Wales | Cited for the principle that there must be some contact between the representor and the representee in order to give rise to an estoppel. |
United Overseas Bank Ltd v Bank of China | Court of Appeal | Yes | [2006] 1 SLR 57 | Singapore | Cited for the principle that a representation may be found even if it is not made directly by the representor to the representee. |
Fook Gee Finance Co Ltd v Liu Cho Chit | Court of Appeal | Yes | [1998] 2 SLR 121 | Singapore | Cited for the principle that conduct, including silence, can give rise to an implied representation. |
Greenwood v Martins Bank, Limited | House of Lords | Yes | [1933] AC 51 | United Kingdom | Cited for the principle that a duty to speak may arise even in the absence of a fiduciary relationship or a contract uberrimae fides. |
ER Ives Investment Ltd v High | N/A | Yes | [1967] 2 QB 379 | N/A | Cited for the principle that the element of knowledge is satisfied as long as it can be shown that the party sought to be estopped was aware that the innocent party was doing that which the former is said to have acquiesced in. |
Cobbe v Yeoman’s Row Management Ltd | English Court of Appeal | Yes | [2006] 1 WLR 2964 | England and Wales | Recent English decision on proprietary estoppel. |
Blue Haven Enterprises Ltd v Tully | Privy Council | Yes | [2006] UKPC 17 | N/A | Recent Privy Council decision on proprietary estoppel. |
Dering v Earl of Winchelsea | N/A | Yes | [1775–1802] All ER Rep 140 | N/A | Cited for the principle that the undesirable behaviour in question must involve more than general depravity. |
Moody v Cox | N/A | Yes | [1917] 2 Ch 71 | N/A | Cited for the principle that in order to prevent a man coming for relief in connection with a transaction so tainted it must be shown that the taint has a necessary and essential relation to the contract which is sued upon. |
Greasley v Cooke | N/A | Yes | [1980] 3 All ER 710 | N/A | Cited for the principle that where it may be inferred from the circumstances that the party seeking to raise the estoppel had acted upon the representation then the burden of proof shifted to the other party to show that there was no reliance in fact. |
Jennings v Rice | English Court of Appeal | Yes | [2003] 1 P & CR 100 | England and Wales | Cited for the principle that once the elements of proprietary estoppel are established an equity arises and the value of that equity will depend upon all the circumstances including the expectation and the detriment. |
Commonwealth of Australia v Verwayen | Australian High Court | Yes | (1990) 170 CLR 394 | Australia | Cited for the principle that there must be a proportionality between the remedy and the detriment which is its purpose to avoid. |
Lim Teng Huan v Ang Swee Chuan | N/A | Yes | [1992] 1 WLR 113 | N/A | Cited as an example of giving effect to the common expectation. |
Khew Ah Bah v Hong Ah Mye | N/A | Yes | [1969-1971] SLR 494 | Singapore | Cited as an example of awarding monetary relief. |
Giumelli v Giumelli | High Court of Australia | Yes | (1999) 196 CLR 101 | Australia | Cited as an example of awarding monetary relief. |
Sledmore v Dalby | N/A | Yes | (1996) 72 P & CR 196 | N/A | Cited as an example of finding that the equity had been satisfied by enjoyment and was therefore exhausted. |
Bestland Development Pte Ltd v Udomkunnatum | N/A | Yes | [1997] 2 SLR 42 | Singapore | Cited for the principle that Yongnam had an equitable interest in the property qua a purchaser that had paid at least a portion of the price. |
Chee Pok Choy v Scotch Leasing Sdn Bhd | N/A | Yes | [2001] 4 MLJ 346 | N/A | Cited for the principle that the interests should have been disclosed to the court in those proceedings as they should have been. |
13. Applicable Rules
Rule Name |
---|
No applicable rules |
14. Applicable Statutes
Statute Name | Jurisdiction |
---|---|
Land Titles Act (Cap 157, 2004 Rev Ed) | Singapore |
15. Key Terms and Keywords
15.1 Key Terms
- Proprietary Estoppel
- Foreclosure
- Mortgage
- Settlement Agreement
- Paramount Mortgage
- Compensatory Credit
- Set-off
- Unconscionability
15.2 Keywords
- Proprietary Estoppel
- Foreclosure
- Mortgage
- Construction
- Singapore
- Land Titles Act
16. Subjects
- Equity
- Land Law
- Banking
- Construction
17. Areas of Law
- Equity
- Proprietary Estoppel
- Land Law
- Mortgages