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This $92 Million Dollar Lawsuit Exposes A Problem In Singapore’s Property Market

The notorious furniture rebate deal UOB is suing a developer over 38 units at the Marina Collection. The developer allegedly gave rebates of 22 to 34 per cent, resulting in UOB now claiming $92 million in losses from the loans. What exactly is this nonsense? Well, in essence, the developer and the real estate agent […]

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