10 luxury apartments linked to S$3 billion money laundering case on Sep 23 auction block
The luxury apartments are in River Valley and Tanjong Pagar
Ten luxury apartments in River Valley and Tanjong Pagar, the first of over 80 real estate properties linked to Singapore's S$3 billion money laundering case, are being auctioned on September 23, according to prosecutors. Realtor SRI is the exclusive marketing agency for these 10 properties, with guide prices ranging from S$2.238 million to S$6.78 million.
Edmund Tie & Company and Knight Frank are also involved in the property auctions, while List International Realty will market selected properties through an expression-of-interest process. Accounting firm Deloitte Singapore manages the auction of the non-cash assets forfeited in connection with the investigation.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
