HSR fined, barred from en bloc deals for a year
Council for Estate Agencies finds HSR's management had approved lead agent's offer of incentive payments to 4 owners of Thomson View condo
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Singapore
THE Council for Estate Agencies (CEA) has imposed a financial penalty of S$74,000 on real estate agency HSR International Realtors for two counts of acting for a client without declaring a conflict in interest.
The disciplinary committee of CEA also imposed a condition disallowing HSR from undertaking any collective-sale work for one year from April 20, 2016.
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