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Fujian money launderers’ super-luxe condos with panoramic Singapore skyline views on auction block

Limited supply of prime district properties with large floor plates up for auction may interest buyers.

Singapore's Wallich Residence, owned by convicted money launderer Zhang Ruijin, is among 26 properties set to be auctioned. The four-bedroom apartment on the 61st floor offers panoramic views of the Singapore skyline, including Sentosa Cove and the future Greater Southern Waterfront. The property is part of the first batch of over 80 luxury homes linked to the 2023 multi-million dollar money laundering case, to be auctioned starting this week.

The apartments, which have guide prices ranging from S$3.3 million to S$25.3 million, are among the most sought-after prime district projects in Singapore.

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.

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