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Luxury homes in Singapore’s largest money laundering case hit the auction block

Another 14 luxury condominium units and a grade A office at Suntec Tower One forfeited in connection with Singapore’s largest money laundering case will be put up for sale at auctions this month. The properties, located in prime areas such as River Valley and Orchard, will be auctioned by real estate firms Edmund Tie & Company (ETC) and Knight Frank. As of Thursday morning, a total of 25…

Luxury homes in Singapore’s largest money laundering case hit the auction block

Singapore's largest money laundering case has resulted in 14 luxury condominium units and a Grade A office at Suntec Tower One being put up for auction. The properties, situated in prime areas like River Valley and Orchard, will be sold by real estate firms Edmund Tie & Company (ETC), Knight Frank, and SRI. A guide price range for the units starts at S$3.5 million and goes up to S$25.32 million.

The auction of these high-value properties is set to begin on September 3, 2023, with more than 80 real estate assets and 1,000 luxury items being auctioned over a period from September 2026 to mid-2027.

Written by urgent.news from CNA - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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