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 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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