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Dennis Wee Realty hit with record S$66,000 fine

DWR also faces a12-month ban for not warning investors of risks in overseas property purchases

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Published Wed, Dec 6, 2017 · 09:50 PM

Singapore

DENNIS Wee Realty (DWR) has been fined a record S$66,000 by the Council for Estate Agencies' (CEA) disciplinary committee for not highlighting to investors the risks involved in buying overseas properties.

DWR was also banned from transacting or marketing properties abroad for 12 months with effect from Nov 24, 2017.

Council for Estate AgenciesSingapore property

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