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William Wong is the founder of Realstar Premier Group, a real estate agency that deals only with landed properties - including good class bungalows (GCBs). Established in 2001, the agency reported that it has brokered more than $16 billion worth of landed properties to date. Wong lets on that about 80 per cent of the agency's current portfolio is in...
Singapore’s luxury home market is grinding to a halt amid money laundering investigations into a group of people of Chinese origin, significant tax hikes on foreign buyers and rising interest rates.
Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money-laundering scandals weighs on the market.
(Bloomberg) -- Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money laundering scandals weighs on the market.Most Read from BloombergIsrael Latest: Netanyahu Rules Out Cease-Fire, UN Warns on SyriaSony’s Bungie Game Unit Cuts Staff Following Delayed TitlesInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialSaudi Forces on High Alert After Deadly Clash With Houthi RebelsIsrael-Hamas War Escalation Puts Qatar’s Clout to the TestHigh-end bungalow sales ar