No Units Sold at First Auction for Luxury Properties Seized in S$3 Billion Money Laundering Case

Luxury properties seized in $3b money laundering case fail to sell at auction

A two-bedroom plus study apartment at Gramercy Park drew the keenest bidding among seven properties seized in connection with Singapore's $3 billion money laundering case, but failed to sell under the hammer on Thursday (Sept 17).All seven properties — four apartments at Gramercy Park, two at Sloane Residences and an office unit at Suntec Tower One — were withdrawn after failing to meet their reserve prices, which were not disclosed.The Knight F…

Luxury properties seized in S$3 billion money laundering case fail to sell at auction

A two-bedroom plus study unit at Gramercy Park draws the most interest Read more at The Business Times.

No units sold at first auction for luxury properties seized in S$3 billion money laundering case

The auction drew dozens of bidders, but there was no interest in some of the luxury units.

No sale at first auction of luxury properties seized in $3b money laundering case

More than 80 properties will go under the hammer to liquidate assets seized in the $3 billion money laundering case. Read more at straitstimes.com.

From Hermès bags to $20M penthouse, Singapore sells off its biggest money laundering haul - VnExpress International

Singapore has opened online bidding on hundreds of luxury handbags and jewelry pieces seized in its largest money laundering case, launching a series of 15 auctions that will run through May 2027. - VnExpress International