UNITED OVERSEAS BANK LIMITED v LIPPO MARINA COLLECTION PTE. LTD.
Outcome
Appeal allowed“We therefore allow the appeal against the Judge’s decision on this issue and hold that the rents and repayments received by UOB should not be deducted.”
Source: [2026] SGHC(A) 21, High Court (Appellate Division), decided 24 August 2026. Read directly from the judgment.
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Key facts
| Court | High Court (Appellate Division) |
|---|---|
| Decided | |
| Judges | Debbie Ong Siew Ling, See Kee Oon, Woo Bih Li |
| Charges / claim | Damages, Civil Procedure |
| Outcome | Appeal allowed |
| Counsel | Siraj Omar LLC, TKQP Law LLP, Alcina Lynn Chew Aiping, Boo Yew Lee Uleyssis, Chong Kai Sheng, Grace Ho Jia Hui, Hendroff Fitzgerald L, Ng Ka Luon Eddee, Siraj Omar, Tan Shih Rong Robbie |
Source: [2026] SGHC(A) 21, High Court (Appellate Division), decided — eLitigation. Updated .
Catchwords
Practice Areas
Counsel (10)
Parties (4)
Case Significance
United Overseas Bank Ltd v Lippo Marina Collection Pte Ltd [2026] SGHC(A) 21 was decided by the Appellate Division of the High Court (Woo Bih Li JAD, Debbie Ong Siew Ling JAD and See Kee Oon JAD) on 24 August 2026 in Civil Appeal No 74 of 2025. UOB appealed against an award of $17,738,446.53 in damages for unlawful means conspiracy by Lippo, which had issued options to purchase stating inflated prices for units in the Marina Collection condominium so that UOB lent more than the Adjusted Purchase Price allowed. The issues were the basis of assessment, deductions for rents and repayments, mitigation and interest. The court allowed the appeal in part and awarded UOB $76,105,998.81, with costs of $50,000 (all-in).
[2026] SGHC(A) 21 explained
UNITED OVERSEAS BANK LIMITED v LIPPO MARINA COLLECTION PTE. LTD. ([2026] SGHC(A) 21) is a Singapore judgment decided by the High Court (Appellate Division) on 24 August 2026. It is categorised under Damages and Civil Procedure. It is a recent decision; within this corpus no later judgment has cited it yet. This page summarises what the reported decision covers and links the primary sources — the full judgment, the statutes it cites, and the other cases it engages with — so the decision can be read in context. It is reference information, not legal advice, and it does not state the outcome or any holding beyond what the official judgment records.
What is [2026] SGHC(A) 21 about?
UNITED OVERSEAS BANK LIMITED v LIPPO MARINA COLLECTION PTE. LTD. ([2026] SGHC(A) 21) is a High Court (Appellate Division) decision from 2026. Its published catchwords are “Damages — Appeals”, “Damages — Assessment”, “Damages — Mitigation — Tort”, and “Damages — Measure of damages — Tort”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.
Which legislation does [2026] SGHC(A) 21 consider?
The judgment refers to Civil Law Act (Cap 43) and Supreme Court of Judicature Act (Cap 322). The statutes cited are listed in full on this page, each linking to its primary text.
What earlier Singapore cases does [2026] SGHC(A) 21 cite?
Among the in-corpus authorities it refers to are [2025] SGHC 232. The complete list of cases cited, and of later cases that cite this decision, is shown on this page.
What damages did UOB recover from Lippo in [2026] SGHC(A) 21?
The Appellate Division allowed UOB's appeal in part and awarded $76,105,998.81, up from the $17,738,446.53 awarded below. Damages before interest were assessed at $51,320,496.96 under the Excess Loans Scenario, with costs of $50,000 (all-in).
What was the UOB v Lippo Marina Collection appeal about ([2026] SGHC(A) 21)?
It concerned the assessment of damages for Lippo's unlawful means conspiracy with purchasers of 38 Marina Collection units, whose options to purchase stated inflated prices. UOB lent more than the 80% loan-to-value limit permitted, and the court reassessed damages, mitigation and interest.
Statutes Cited
Cases Cited (13)
Related cases
Other Singapore judgments involving the same parties or counsel.
Judgment
Read the full judgment on the official Singapore Courts portal.
Read on eLitigationSource: eLitigation ([2026] SGHC(A) 21)