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New HDB resale record: 5-room flat in Tiong Bahru sold for $1.58m

A five-room HDB flat in Tiong Bahru has broken the record for the highest resale price. On Tuesday (April 30), real estate agency PropNex announced that a unit at 9B Boon Tiong Road changed hands for $1.588 million. This beats the previous record of $1.569 million for a five-room DBSS (Design, Build and Sell Scheme) flat at 139A Lorong 1A. ....

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Property agents difficult with commissions? New agreement wants buyers to pay own agents directly

SINGAPORE Meeting unfriendly seller agents who ignore her texts "all the way" is common for 14-year veteran property agent Grace Cheong. Recounting creative "unethical" methods that seller agents use to avoid sharing co-broking commissions with buyer agents, Cheong said she once encountered an agent who blatantly postponed her buyer's viewing at Water Place in Tanjong Rhu to an indefinite. ....

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Property agents in billion-dollar money laundering case being investigated by CEA

The Council for Estate Agencies (CEA) is investigating property agents who might have facilitated property transactions relating to the recent money laundering case that involved about $1 billion in assets. Those who fail to comply with anti-money laundering rules can face disciplinary action, said CEA, which regulates Singapore's real estate agency industry. Sources told The Straits Times that following the. ....

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S$1b money laundering case: CEA probing property agents

The Council for Estate Agencies (CEA) is investigating property agents who might have facilitated property transactions relating to Singapore's recent money laundering case that involved about $1 billion in assets ....

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