(Use Singapore cases and statutes to support your contention and submissions)

Samy agreed to sell to Brian his property at the Salient Condominium. Samy and Brian made a written agreement for the sale, and Brian paid a 10% deposit to Samy. Brian started sourcing for a bank to finance his purchase. In the meantime, the market prices of units at the Salient Condominium shot up unexpectedly. Samy refused to go through with the sale to Brian. Brian sued Samy.

Please give a brief explanation as to why damages would not be a sufficient remedy for Brian. (5 marks)

If Brian is unable to go through with the purchase of the unit, but Samy wants to hold him to the contract, please give a brief explanation as to why damages would be a sufficient remedy for Samy. (5 marks)