No sale at first auction of luxury properties seized in $3b money laundering case

Four freehold luxe condos with private lifts at Gramercy Park in Grange Rd linked to the $3 billion money laundering case were up for auction on Sep 17

Published Sep 17, 2026, 04:34 PM

Updated Sep 17, 2026, 04:34 PM

Seven luxury properties seized in a $3 billion money laundering case failed to meet reserve prices at the first auction, resulting in no sales despite strong bidding interest.

The properties include high-end apartments at Gramercy Park and Sloane Residences, and a premium office unit at Suntec Tower One, all managed by Deloitte Singapore and auctioned by multiple realtors.

Further auctions are planned with 19 more seized properties, including luxury condos and industrial spaces, aiming to liquidate assets and return proceeds to the Government's Consolidated Fund.

SINGAPORE – Bidding for a two-bedroom plus study unit at Gramercy Park, seized in the $3 billion money laundering case, was spirited at an auction held on Sept 17 but the offers did not meet the reserve price.

The unit, which had an opening price of $3.75 million, was among seven properties withdrawn after they all failed to meet their reserve prices at the auction held at Knight Frank’s Ocean Financial Centre office.

The properties - comprising six luxury apartments with private lifts in Gramercy Park and Sloane Residences and a Suntec Tower One office - were seized during investigations by the Commercial Affairs Department.

The apartments and office unit are among a total of 26 properties up being put up for sale in September by different realtors.

They are the first batch of more than 80 properties going under the hammer as the Government seeks to liquidate assets seized during investigations.

A total of 65 members of the public including 30 registered bidders had turned up for the auction of the multi-million dollar properties.

The four apartments at Gramercy Park, near the Orchard Road shopping belt, comprised two four-bedroom units, one three-bedder and the one two-bedroom plus study unit.

They were marketed at guide prices of between $3.8 million and $7.6 million.

The condos come with marble flooring, spacious living and dining areas, and floor-to-ceiling windows. One unit has two large wagon-wheel-style chandeliers in the living room, according to the listing on PropertyGuru.

The two apartments at Sloane Residences, a 52-unit luxury freehold condominium in Balmoral Road, had guide prices of between $3.6 million and $3.7 million.

The 3,498 sq ft Premium Grade A office space at Suntec Tower One had a guide price of $11.5 million.

Knight Frank’s auction and sales team was appointed by accounting firm Deloitte Singapore to market the properties.

Deloitte Singapore itself was appointed by the Singapore Police Force in 2025 to manage and realise the non-cash assets forfeited in connection to Singapore’s largest money laundering case.

All proceeds from the sale of the assets will be paid into the Consolidated Fund, which is analogous to a bank account held by the Government.

Apart from Knight Frank, ETC and SRI were appointed to conduct the property auctions. Selected properties will be marketed by List Sotheby’s International Realty (List SIR) through an expression-of-interest process.

ETC and SRI are putting up a total of 19 other properties for auction on Sept 23.

ETC’s portfolio comprise a total of eight luxury condominium units at South Beach Residences, 8 Saint Thomas and Paterson Suites,and a 8,800 sq ft factory space at Shun Li Industrial Park.

At South Beach Residences in Beach Road, five units, including a 42nd-floor penthouse spanning over 6,700 sq ft, are being marketed at guide prices of between $4.45 million and $25.3 million.

The two units at 8 Saint Thomas in River Valley will be auctioned at guide prices of between $4.4 million and $5.72 million. The sole unit at Paterson Suites in Orchard has a guide price of $5.18 million.

The four-storey corner strata terrace factory at Shun Li industrial park in Kaki Bukit has a guide price of $3.6 million.

The auction will be held at its UIC Building office in Shenton Way.

SRI’s portfolio comprise four luxury condo units at Wallich Residence and six at Martin Modern. The apartments are marketed at guide prices of between $2.238 million and $6.8 million.

The sale by realtor SRI will take place at its Great World City office.

与30亿美元洗钱案有关的位于格兰奇路格拉梅西公园的四套带私人电梯的永久产权豪华公寓于9月17日进行拍卖。

发布于 2026 年 9 月 17 日下午 4:34

更新于2026年9月17日下午4:34

在涉案金额高达 30 亿美元的洗钱案中查获的七处豪华房产，在首次拍卖中未能达到底价，尽管竞标热情高涨，最终却一无所获。

这些物业包括格拉梅西公园和斯隆公寓的高档公寓，以及新达城一号的高级办公单元，全部由德勤新加坡管理，并由多家房地产经纪公司拍卖。

政府计划对另外 19 处被查封的房产进行进一步拍卖，其中包括豪华公寓和工业用地，目的是清算资产并将所得款项返还给政府综合基金。

新加坡——在9月17日举行的拍卖会上，一套位于格拉梅西公园的两居室加书房单元的竞标异常激烈，该单元是在30亿新元洗钱案中查获的，但出价并未达到底价。

这套公寓的起拍价为 375 万美元，在莱坊海洋金融中心办公室举行的拍卖会上，由于未能达到底价，最终与其他七套房产一起被撤拍。

这些房产包括位于格拉梅西公园和斯隆公寓的六套带私人电梯的豪华公寓以及新达城一号办公楼，是在商业​​事务局调查期间被查封的。

这些公寓和办公单元是9月份由不同房地产经纪人挂牌出售的26处房产中的两处。

这是政府为清算调查期间查获的资产而拍卖的 80 多处房产中的第一批。

共有 65 名公众人士（包括 30 名注册竞标者）参加了这场价值数百万美元的房产拍卖会。

位于乌节路购物区附近的格拉梅西公园的四套公寓包括两套四居室单元、一套三居室单元和一套两居室加书房单元。

它们的指导价在 380 万美元至 760 万美元之间。

这些公寓铺设大理石地板，拥有宽敞的起居室和餐厅，以及落地窗。根据PropertyGuru网站上的房源信息，其中一套公寓的起居室里还悬挂着两盏大型马车轮造型的吊灯。

位于巴尔莫勒尔路的斯隆公寓（Sloane Residences）是一栋拥有 52 个单元的豪华永久产权公寓，其中两套公寓的指导价在 360 万美元至 370 万美元之间。

新达城一号大厦3498平方英尺的甲级优质办公空间指导价为1150万美元。

莱坊拍卖及销售团队受德勤新加坡会计师事务所委托，负责这些房产的销售。

2025年，新加坡警方委任德勤新加坡负责管理和变现与新加坡最大洗钱案有关的非现金资产。

出售资产所得款项将全部存入统一基金，该基金类似于政府持有的银行账户。

除莱坊（Knight Frank）外，ETC和SRI也被委任负责房产拍卖。部分房产将由List Sotheby's International Realty（List SIR）通过意向征询的方式进行推广。

ETC 和 SRI 将于 9 月 23 日拍卖另外 19 处房产。

ETC 的投资组合包括 South Beach Residences 的 8 套豪华公寓单元、Saint Thomas 和 Paterson Suites 的 8 套公寓，以及顺利工业园的 8,800 平方英尺厂房空间。

位于海滩路的南海滩公寓 (South Beach Residences) 共有五套公寓正在出售，其中包括一套位于 42 层的顶层公寓，面积超过 6,700 平方英尺，指导价在 445 万美元至 2530 万美元之间。

位于River Valley的8 Saint Thomas的两套公寓将以440万至572万美元的指导价进行拍卖。位于Orchard的Paterson Suites的唯一一套公寓的指导价为518万美元。

位于加基武吉顺利工业园的四层转角分层排屋厂房，指导价为 360 万美元。

拍卖会将在位于珊顿道的UIC大楼办公室举行。

SRI的投资组合包括位于Wallich Residence的四套豪华公寓和位于Martin Modern的六套豪华公寓。这些公寓的指导价在223.8万美元至680万美元之间。

此次销售将由房地产经纪公司SRI在其大世界城办公室进行。