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Singapore News - A bail review hearing for Su Baolin, an accused in the $2.8 billion money laundering probe, has been postponed to allow the... Read more at www.tnp.sg
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.
High-end bungalow sales are set for their worst year in nearly a decade with just eight sold as of the end-September. Read more at straitstimes.com.
Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money-laundering scandals weighs on the market.
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