S$3b money laundering case: Another 14 luxury apartments, 1 office unit up for auction
One of the apartments is a 4-bedroom penthouse at South Beach Residences that has been listed at a guide price of S$25.3 million.
Singapore's largest money laundering case has resulted in 25 real estate properties and 1,000 luxury items being forfeited, with auctions set to take place this month. In total, 14 luxury condominium units and a Grade A office at Suntec Tower One are being auctioned by real estate firms Edmund Tie & Company (ETC) and Knight Frank. The properties, located in prime areas such as River Valley and Orchard, will be sold in phases between September 2026 and mid-2027.
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