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10 shophouses owned by persons of interest in anti-money laundering probe put up for sale by DBS

SINGAPORE - Ten shophouses owned by two Chinese nationals who were reportedly linked to an accused person in the $3 billion money laundering case have been put on the market by DBS Bank as it seeks to recover repayments of its loans. The properties - estimated by observers to be valued at more than $100 million combined - were separately.

Shophouse market slows amid money laundering scandal; sellers more open to negotiation

October to December 2023 marked the slowest quarter of deals since 2010. Read more at straitstimes.com.

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