10 luxury apartments linked to $3 billion money laundering case on Sept 23 auction block
Six apartments at Martin Modern in River Valley, and four units at Wallich Residence near Tanjong Pagar Plaza, seized in $3 billion money laundering case are being put up for sale.
Ten luxury apartments in River Valley and Tanjong Pagar are set to be auctioned on September 23, according to the Singapore Police Force. This marks the first of over 80 real estate properties linked to a $3 billion money laundering case. Realtor SRI is the exclusive marketing agency for the auction, with two other brokerages also involved.
The guide prices for the apartments range from $2.238 million to $6.78 million, depending on the size and location. The properties span Martin Modern and Wallich Residence, both situated in prime locations. The auction will be conducted by SRI, Edmund Tie & Company, Knight Frank, and List International Realty.
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