ARL v ARM [2015] SGHC 61
http://www.singaporelaw.sg/sglaw/laws-of-singapore/case-law/free-law/high-court-judgments/15936-arl-v-arm-2015-sghc-61
The undisputed matrimonial assets and their gross values are set out in the following table:
S/n
Matrimonial Asset
Value
1
Matrimonial Home (joint names)
$1,300,000[note: 15]
(per the Plaintiff’s valuation, which is the higher of the two)
2
The second condominium unit (the Plaintiff’s sole name)
$1,000,000[note: 16]
3
The Plaintiff’s POSB Savings Account
$2,176.75[note: 17]
(as at 21 August 2013)
4
The Plaintiff’s CPF accounts:
Ordinary Account (“OA”): $0
Medisave Account (“MA”): $37,043.24
Special Account (“SA”): $33,079.16
$70,122.40[note: 18]
(as at 29 August 2012)
5
The Plaintiff’s two insurance policies
Undisclosed surrender values
6
Nissan Latio
(on hire purchase)
$ 16,257.00[note: 19]
7
The Defendant’s POSB Savings Account
$2,194.29[note: 20]
(as at 18 December 2012)
8
The Defendant’s United Overseas Bank Uniplus Account
$9,540.10[note: 21]
(as at 1 July 2013)
9
The Defendant’s DBS Plus Account
$1,850.00[note: 22]
(as at 18 December 2012)
10
The Defendant’s CPF accounts
OA: $928.17
MA: $21,638.70
SA: $532.94
$23,099.81[note: 23]
(as at 17 December 2012)
11
The Defendant’s five insurance policies
1) NTUC Income Enhanced Incomeshield Insurance Policy;
2) Aviva Ltd My Shield Policy;
3) Great Eastern Life Whole Life with Escalating Reversionary Bonus Policy;
4) NTUC Income Mortgage Protector Insurance; and
5) Manulife Financial Life Protector Plus Policy.
Undisclosed surrender values for four of the policies.
The fifth policy has a surrender value of $120,000.[note: 24]
Gross value of matrimonial assets
$2,545,240.35