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Money laundering scandal erodes sentiments in luxury homes market: report

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pstrongIn 3Q23, luxury homes slowed further to 37 units, translating to a 41.3% QoQ drop./strong/p pThe luxury homes market was rocked by Singapore’s biggest money laundering scandal, pushing transactions to further slow in 3Q23.

The luxury homes market was rocked by Singapore’s biggest money laundering scandal, pushing transactions to further slow in 3Q23.

According to Huttons, the money laundering probe “further eroded sentiments in the luxury homes market” following the Additional Buyer’s Stamp Duty rate hike in April. ...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

 

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