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Singapore's Biggest Money Laundering Case Tests City's Weak Property Market

Singapore's Biggest Money Laundering Case Tests City's Weak Property Market
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Singapore's biggest money laundering case tests city's weak property market | Low De Wei

A mass sale of prized real estate seized in Singapore’s biggest money-laundering case is set to provide a key test of demand for a niche part of the financial hub’s property market. More than a dozen so-called shophouses, each worth millions of dollars, have been put on sale as the… ....

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Police start process for DBS to sell shophouses linked to money laundering bust

Police start process for DBS to sell shophouses linked to money laundering bust
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

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10 shophouses owned by persons of interest in anti-money laundering probe put up for sale by DBS

SINGAPORE - Ten shophouses owned by two Chinese nationals who were reportedly linked to an accused person in the $3 billion money laundering case have been put on the market by DBS Bank as it seeks to recover repayments of its loans. The properties - estimated by observers to be valued at more than $100 million combined - were separately. ....

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DBS puts up shophouses for sale to recover loans amid money laundering probe

Market observers estimate the properties to be valued at over $100 million. Read more at straitstimes.com. ....

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