✉news BusinessReal Estate first seen 5 h ago, last 6 min ago, peak #18
Singapore struggles to sell condos hit by money laundering scandal
Original: ‘I just want to come and see’: Singapore struggles to sell scandal-hit condos
Developers in Singapore are finding it difficult to attract buyers for apartments at projects linked to the city-state's high-profile money laundering case. The South China Morning Post reports that potential buyers are hesitant despite interest in viewing the properties, with one saying they 'just want to come and see'. The scandal, involving arrests of foreign nationals with luxury assets, has clouded the condo market.
Why now: The units were seized or linked to Singapore's large money laundering investigation, making buyers wary and drawing attention to the property market.
SingaporeSouth China Morning Post
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- ‘I just want to come and see’: Singapore struggles to sell scandal-hit condos · South China Morning Post
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