CHC Trial Matters Part 2

[Jman888]

may I know how much must our salary be in order to afford a sentosa cove house and what is the pastor monthly salary? In another words, where does he get the $$$ from for owning such house?

salary?? maybe 100 lifetime for me

[Little_prince]

may I know how much must our salary be in order to afford a sentosa cove house and what is the pastor monthly salary? In another words, where does he get the $$$ from for owning such house?

think paper got publish before. 30-40k per month i think. plus bonus about 500k per annum.

 

excluding love gifts from church goers

[Wt_know]

take a $20M sentosa cove property as example

assuming 25% = $5M downpayment, take $15M loan nia

assuming 35 years old already, can only take 30 years loan

that workout to $50K+ mortgage per month ... cheap cheap sia

 

Edited September 20, 2016 by Wt_know

[Wt_know]

$500K per annum definitely cannot afford sentosa cove lor

 

think paper got publish before. 30-40k per month i think. plus bonus about 500k per annum.

excluding love gifts from church goers

 

[Little_prince]

$500K per annum definitely cannot afford sentosa cove lor

 

still got love gifts mah.

 

and extra money from pimping his wife out i guess?

[Staff69]

 

 

 

 

 

 

City Harvest Church founder Kong Hee puts Sentosa Cove home for sale for $10m

1 of 3

Kong Hee's penthouse (top floor, building in foreground) is on sale for $10 million. ST PHOTOS: CHEW SENG KIM

PUBLISHED

JUL 2, 2015, 5:50 AM SGT

FACEBOOK6,179TWITTEREMAIL

 

City Harvest Church founder and co-owner paid $9.33m for luxury duplex unit in 2007

Joyce Lim

Hong Kong Correspondent

 

 

City Harvest Church (CHC) founder Kong Hee has put his luxurious penthouse family home in Sentosa Cove up for sale.

 

He and a co-owner are asking a cool $10 million for the duplex unit, more than the $9.33 million they paid in 2007.

Kong and five others are alleged to have misused $50 million of church funds and then falsified church accounts to cover up the misuse. They are accused of funnelling millions from the church's building fund to pay for the Crossover Project, to boost the music career of Kong's wife Ho Yeow Sun.

 

In a trial spanning two years, the court heard that the 50-year-old pastor, who is facing three charges of criminal breach of trust, co-owned The Oceanfront penthouse with Indonesian tycoon Wahju Hanafi.

Mr Hanafi had told the court that he and Kong each paid monthly instalments of $17,000 for the Sentosa property. Kong lives in the penthouse in Ocean Drive with his wife, 45, and 10-year-old son Dayan. The $9.33 million purchase price in 2007 translated to $1,780 per sq ft.

 

 

An investor who has visited the penthouse described the property and its furnishings as "lavish and opulent".

DEAL SWEETENER

The agent tried to persuade me to make an offer and sweetened the deal by saying that if I buy the penthouse, the owner would take me out to sea on his yacht.

The investor who saw Kong Hee's property, along with other units at The Oceanfront

The investor, who asked not to be named, said: "The home is decorated with quality furniture and top of the range equipment. It gives me the impression that the owner sure knows how to enjoy the high life."

The online advertisement is simple: "Duplex penthouse with pool/ jacuzzi. Views span city, marina and sea. Full resort-style condo facilities."

The ad does not give the identity of the owner.

But a property ownership check with the Singapore Land Authority shows that the penthouse is co-owned by Kong and Mr Hanafi.

The 5,242 sq ft duplex comes with a huge rooftop infinity pool and overlooks the upmarket One Degree 15 Marina Club.

A property agent said the unit boasts spectacular views of luxury yachts entering the marina and the city's skyline, and of fireworks during festivities.

A private lift takes visitors to the 11th-storey penthouse featuring four rooms on the first level - a master bedroom and other rooms.

The living and dining areas have giant crystal light fixtures and works of art.

A walk-in wardrobe connects the master bedroom to a huge bathroom with a jacuzzi. The wardrobe area also features two watch display cabinets filled with fine timepieces from Cartier and Bvlgari. the person see wrongly, bvlgari and AP has the same designer,  patek looks very much like cartier   

 

 

A spiral staircase in the dining area leads to an entertainment area on the second level and a roof terrace with a huge infinity pool.

One agent said Kong would be able to vacate the unit as early as September, the same month he is expected to return to court, when both the prosecution and defence will be making closing submissions ahead of a verdict.

The Straits Times understands more than one property agent is marketing the penthouse. Offers have been made but none so far has matched Kong's asking price.

The last time an Oceanfront penthouse was sold, in April 2010, the single-storey 4,510 sq ft unit went for $7.5 million, or $1,663 psf. A 4,112 sq ft single-storey penthouse on the 10th floor with a full sea view is on the market for $9.5 million.

The investor who saw Kong's property, along with other units, said: "The agent tried to persuade me to make an offer and sweetened the deal by saying that if I buy the penthouse, the owner would take me out to sea on his yacht."

A version of this article appeared in the print edition of The Straits Times on July 02, 2015, with the headline 'Kong Hee puts Sentosa Cove home on sale for $10m'. Print Edition | Subscribe

 

 

 

 

 

 

 

 

 

 

 

 

 

Edited September 20, 2016 by Staff69

[Loki]

 

and extra money from pimping his wife out i guess?

 

can't make much money doing this ... unless he pimps out to horse lovers.

[Wt_know]

ok, redo for kong hee fatt choy

assuming pay > 1/3 deposit (3.33M)

take $6M loan ... after paying $20k mortgage every month ... where got money to buy watches? lol

love gitfsssssssssssss worth ten of millions ... huat ah!

Edited September 20, 2016 by Wt_know

[Little_prince]

how does a f**king pastor afford a 10M property?

 

i'm in the wrong line.

 

"poor as a church mouse" clearly doesn't apply to singapore's pastors.

 

 

 

 

 

 

 

 

City Harvest Church founder Kong Hee puts Sentosa Cove home for sale for $10m

1 of 3

Kong Hee's penthouse (top floor, building in foreground) is on sale for $10 million. ST PHOTOS: CHEW SENG KIM

PUBLISHED

JUL 2, 2015, 5:50 AM SGT

FACEBOOK6,179TWITTEREMAIL

 

City Harvest Church founder and co-owner paid $9.33m for luxury duplex unit in 2007

Joyce Lim

Hong Kong Correspondent

 

 

City Harvest Church (CHC) founder Kong Hee has put his luxurious penthouse family home in Sentosa Cove up for sale.

 

He and a co-owner are asking a cool $10 million for the duplex unit, more than the $9.33 million they paid in 2007.

Kong and five others are alleged to have misused $50 million of church funds and then falsified church accounts to cover up the misuse. They are accused of funnelling millions from the church's building fund to pay for the Crossover Project, to boost the music career of Kong's wife Ho Yeow Sun.

 

In a trial spanning two years, the court heard that the 50-year-old pastor, who is facing three charges of criminal breach of trust, co-owned The Oceanfront penthouse with Indonesian tycoon Wahju Hanafi.

Mr Hanafi had told the court that he and Kong each paid monthly instalments of $17,000 for the Sentosa property. Kong lives in the penthouse in Ocean Drive with his wife, 45, and 10-year-old son Dayan. The $9.33 million purchase price in 2007 translated to $1,780 per sq ft.

 

 

An investor who has visited the penthouse described the property and its furnishings as "lavish and opulent".

DEAL SWEETENER

The agent tried to persuade me to make an offer and sweetened the deal by saying that if I buy the penthouse, the owner would take me out to sea on his yacht.

The investor who saw Kong Hee's property, along with other units at The Oceanfront

The investor, who asked not to be named, said: "The home is decorated with quality furniture and top of the range equipment. It gives me the impression that the owner sure knows how to enjoy the high life."

The online advertisement is simple: "Duplex penthouse with pool/ jacuzzi. Views span city, marina and sea. Full resort-style condo facilities."

The ad does not give the identity of the owner.

But a property ownership check with the Singapore Land Authority shows that the penthouse is co-owned by Kong and Mr Hanafi.

The 5,242 sq ft duplex comes with a huge rooftop infinity pool and overlooks the upmarket One Degree 15 Marina Club.

A property agent said the unit boasts spectacular views of luxury yachts entering the marina and the city's skyline, and of fireworks during festivities.

A private lift takes visitors to the 11th-storey penthouse featuring four rooms on the first level - a master bedroom and other rooms.

The living and dining areas have giant crystal light fixtures and works of art.

A walk-in wardrobe connects the master bedroom to a huge bathroom with a jacuzzi. The wardrobe area also features two watch display cabinets filled with fine timepieces from Cartier and Bvlgari. the person see wrongly, bvlgari and AP has the same designer,  patek looks very much like cartier   

 

 

A spiral staircase in the dining area leads to an entertainment area on the second level and a roof terrace with a huge infinity pool.

One agent said Kong would be able to vacate the unit as early as September, the same month he is expected to return to court, when both the prosecution and defence will be making closing submissions ahead of a verdict.

The Straits Times understands more than one property agent is marketing the penthouse. Offers have been made but none so far has matched Kong's asking price.

The last time an Oceanfront penthouse was sold, in April 2010, the single-storey 4,510 sq ft unit went for $7.5 million, or $1,663 psf. A 4,112 sq ft single-storey penthouse on the 10th floor with a full sea view is on the market for $9.5 million.

The investor who saw Kong's property, along with other units, said: "The agent tried to persuade me to make an offer and sweetened the deal by saying that if I buy the penthouse, the owner would take me out to sea on his yacht."

A version of this article appeared in the print edition of The Straits Times on July 02, 2015, with the headline 'Kong Hee puts Sentosa Cove home on sale for $10m'. Print Edition | Subscribe

 

 

 

 

 

 

 

 

 

 

 

 

 

[Jman888]

ok, redo for kong hee fatt choy

assuming pay > 1/3 deposit (3.33M)

take $6M loan ... after paying $20k mortgage every month ... where got money to buy watches? lol

love gitfsssssssssssss worth ten of millions ... huat ah!

 

 

but i think KH  one is 50% fire sale lor, other unit where got so cheap? 

 

 

** edit: i thought his was a bungalow    

[BenTong]

As they were walking along the road, someone said to Jesus, “I will follow You wherever You go.”

Jesus replied, “Foxes have dens and birds of the air have nests, but the Son of Man has no place to lay His head.”

 

Guess that the Kong have not read this part of the bible

Edited September 20, 2016 by BenTong

[Wt_know]

although not bungalow ...

it's a penthouse duplex unit hor ... dont play play

i have a feeling $9.33M is under-declared leh ... must be a love gift bro-bro price ... what's the catch?

 

but i think KH  one is 50% fire sale lor, other unit where got so cheap?

** edit: i thought his was a bungalow    

 

Edited September 20, 2016 by Wt_know

[Amoslowlc]

may I know how much must our salary be in order to afford a sentosa cove house and what is the pastor monthly salary? In another words, where does he get the $$$ from for owning such house?

Donation from some source which we all dont know

[Staff69]

[Axela72]

how does a f**king pastor afford a 10M property?

 

i'm in the wrong line.

 

"poor as a church mouse" clearly doesn't apply to singapore's pastors.

Isnt church considered as non profit charitable organization? How could they pay so well for their pastor while the pastor instead of donating what he has earned, trade for luxury good? Is this what the god has been preaching?

[Kb27]

 

 

 

 

 

 

 

The investor, who asked not to be named, said: "The home is decorated with quality furniture and top of the range equipment. It gives me the impression that the owner sure knows how to enjoy the high life."

A walk-in wardrobe connects the master bedroom to a huge bathroom with a jacuzzi. The wardrobe area also features two watch display cabinets filled with fine timepieces from Cartier and Bvlgari. the person see wrongly, bvlgari and AP has the same designer,  patek looks very much like cartier   

 

 

while church members give until they pain.

 

he's enjoying himself until he's pain.

 

he's probably telling himself God rewards him for making others pay.

Edited September 20, 2016 by Kb27

[Duckduck]

https://myhome.chc.org.sg/donation/online

[Mockngbrd]

 

 

he's probably telling himself God rewards him for making others pay.

not anymore