American man who rented Kembangan home using shell companies countersuing another Siglap homeowner for repair losses

An American man who allegedly used shell companies to avoid paying rent to the elderly homeowners of a Kembangan property is also accused in another lawsuit involving a house in Siglap.

In this case, Anthony Thomas Price was accused of defaulting on rent for nearly a year while living in the house with his family.

The Siglap homeowner filed a lawsuit, only to be counter-sued by Price, who alleged that the home had more than 50 defects and that the homeowner failed to maintain her house.

According to Lianhe Zaobao, Price sought S$20,000 in damages for lost wages as well as compensation for emotional distress and defamation.

Additionally, Price alleged that the home's condition had affected his health and work and that he is unable to travel abroad for work as a result.

According to the Judiciary's hearing list, the case is in the pre-trial conference stage and has not yet gone to trial.

Price's actions are being investigated by the police, with authorities looking into possible offences.

Siglap case

Zaobao reported that the plaintiff in the Siglap case is 46-year-old Angela Chan Wan Qi, a corporate lawyer who rented out her semi-detached house at Burnfoot Terrace in Siglap.

According to an Aug. 24 judgment, she signed a one-year lease with Bundleluxe, a company owned by Price, on Dec. 29, 2023, with a tenancy period from Jan. 1, 2024 to Dec. 31, 2024 at a monthly rent of S$8,500.

The authorised occupants were Price and four members of his family.

At the time of the signing, Bundleluxe, a wholly owned subsidiary of Noranth Ventures, was a shell company that accumulated S$1.34 million in total losses, Mothership previously reported.

Rent was unpaid from at least May 2024. Despite this, Price and his family continued living at the home, only leaving the premises on Mar. 18, 2025.

As such, Price and his family had resided at the property without paying rent for two-thirds of the lease duration and had continued doing so for about two and a half months after the lease expired.

This was also despite requests for payment and repossession of the property.

Claims

Chan filed the suit in February 2026, reported Zaobao.

Court documents noted that Chan was suing both Bundleluxe and Price despite him not being a party to the tenancy agreement, alleging that Price used his company "to shield himself from personal liability".

Chan alleged that Price would sign leases through shell companies, stop paying rent and refuse to hand over the property shortly after moving in, forcing landlords to file lengthy and costly legal proceedings to reclaim their properties.

Zaobao reported that Chan demanded S$76,500 in unpaid rent, interest, and double the rent for the two and a half months of occupancy beyond the lease.

Price applied to have the complaint dismissed, but his summons was dismissed, with Chan being awarded costs in August 2026.

Counter-sue

Price denied the accusations of breach of contract and said his family discovered more than 50 defects in the home during their first 120 days of occupancy.

Zaobao reported that Price said that this made the house "uninhabitable" and that Price claimed he had to assist his family with arranging repairs, forcing him to miss important meetings with his overseas company and partners.

Price also disputed the amount of rent owed, saying that it should be S$68,000 as Chan failed to properly maintain the house, which he claimed made him seriously ill from April to December 2024.

He added that a family member also got sick and lost work as a result.

Price's countersuit sought S$20,000 in lost working hours and damages for emotional distress, while his company, Bundleluxe, filed for S$17,000 in rent reduction, S$4,000 in damages to appliances and S$40,000 in lost business opportunities, reported Zaobao.

Both Price and his company also sought defamation damages from Chan.

Chan's legal team responded and argued that rent payments are contractual obligations and cannot be withheld due to maintenance issues, and the security deposit could not be used to offset rent arrears.

The plaintiffs also accused Bundleluxe of being a shell company, citing that its bank account was closed in December 2024 after having been overdrawn with a negative balance of S$58.66.

Two other rental lawsuits

Price has previously been involved in two other rental lawsuits in the past.

In 2019, Price used Noranth Ventures to sign an agreement with the owners of a property at Jalan Selamat, which involved S$27,160 in unpaid rent.

The case was eventually settled and withdrawn.

In April 2026, he was embroiled in another rental dispute with an elderly couple in their eighties over a semi-detached house in Kembangan.