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HSR fined S$12,500, banned from dealing in foreign property for six months

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Ann Williams

Published Tue, Sep 11, 2018 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

PROPERTY agency HSR International Realtors has been fined S$12,500, and banned from transacting or marketing foreign properties for six months from Sept 10.

This is for not informing two investors of the risks involved in their purchase of units in a Bangkok condominium project that was later abandoned by the developer.

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