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Online property auctions: a new norm for transactions?

Bidding model can be replicated online, with benefits such as transparency, convenience.

THE e-commerce market in Singapore is growing fast. According to Statista Portal, Singapore's e-commerce revenue will total US$3.74 billion by end-2018, and with an expected annual growth rate of 10.1 per cent, is likely to result in a market volume of US$5.5 billion by 2022. To date,...

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