Avoiding the perils of joint investments in real property

Often, joint investments in real property present potential pitfalls, especially if the parties are closely related to each other and dispense with the formalities of proper records, which may often be the case. In this article, we examine the recent High Court decision of Cheong Woon Weng v Cheong Kok Leong [2016] SGHC 263, on the issue of establishing a beneficial interest in a joint investment of a real property. The case is currently pending appeal.