Penthouse linked to $3 billion money laundering case goes under the hammer with guide price of $25m

Money launderer suspect Su Yongcan’s South Beach Residences penthouse on the auction block on Sept 23.

Published Sep 23, 2026, 02:00 PM

Updated Sep 23, 2026, 02:09 PM

A 42nd-floor penthouse linked to the $3 billion money laundering case, auctioned with a guide price of $25.3 million, is part of 26 luxury properties up for sale in Singapore.

Previous owner Su Yongcan, who fled Singapore, is among 15 suspects who surrendered assets worth $1.85 billion.

More than 80 seized properties will be sold in phases until mid-2027, with all proceeds going to the Government's Consolidated Fund.

SINGAPORE – A 42nd-floor penthouse at South Beach Residences, once owned by money laundering suspect Su Yongcan, is going under the hammer at 2.30pm on Sept 23 with a guide price of $25.3 million.

The apartment, in a development designed by English architect Norman Foster, is among 18 luxury units and a factory space to go under the hammer at brokerages ETC and SRI.

The 6,727 sq ft four-bedroom penthouse is the most expensive of 26 properties linked to the $3 billion-dollar money laundering case to be put up for sale in the first tranche of auctions.

Su, who fled Singapore before police operations in August 2023, was among 15 suspects linked to the case who agreed to surrender their assets, valued at around $1.85 billion in total, in exchange for the withdrawal of Interpol notices against them.

Su Yongcan was among 15 suspects linked to the case who agreed to surrender their assets, valued at around $1.85 billion in total, in exchange for the withdrawal of Interpol notices against them. PHOTO: SINGAPORE POLICE FORCE

Su Yongcan was among 15 suspects linked to the case who agreed to surrender their assets, valued at around $1.85 billion in total, in exchange for the withdrawal of Interpol notices against them.

PHOTO: SINGAPORE POLICE FORCE

An earlier auction by Knight Frank on Sept 17 saw the realtor withdraw seven properties for failing to meet their reserve prices.

The properties comprise a total of six luxury apartments in Gramercy Park and Sloane Residences, and a Suntec Tower One office.

Private treaty negotiations are now underway for the seven properties, Tricia Tan, Knight Frank’s director of auction and sales, told The Straits Times.

The penthouse at South Beach, previously owned by Su, comes with grey marble flooring, a raindrop chandelier and a large open balcony overlooking the Esplanade and Marina Bay.

The auction at ETC’s UIC Building office in Shenton Way also includes a total of seven other luxury apartments in South Beach Residences, 8 Saint Thomas and Paterson Suites, and a 8,800 sq ft factory in Kaki Bukit.

Meanwhile, a total of 10 apartments in Wallich Residence and Martin Modern will go under the hammer at SRI’s Great World City office.

The six units at Martin Modern in River Valley come with guide prices of between $2.238 million and $4.98 million.

The four apartments at the Wallich Residence have guide prices of between $4.4 million and $6.8 million.

The largest of the units is a four-bedroom apartment on the 61st floor. It sits directly below the super penthouse once owned by billionaire inventor James Dyson.

The 1,991 sq ft unit, which boasts high ceilings and sweeping views of the future Greater Southern Waterfront, was previously owned by foreign national Zhang Ruijin, who was convicted and later deported in 2024.

The apartments and factory are among the first batch of more than 80 properties to be auctioned as the Government seeks to liquidate assets seized during investigations into the nation’s largest money laundering case.

The 6,727 sq ft four-bedroom penthouse is the most expensive of 26 properties linked to the $3 billion-dollar money laundering case to be put up for sale in the first tranche of auctions. PHOTO: ETC

The properties will be progressively put up for sale in phases between September 2026 and mid-2027 and will be open to the public for bidding.

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.

洗钱嫌疑人苏永灿位于南海滩住宅区的顶层公寓于 9 月 23 日被拍卖。

发布于 2026 年 9 月 23 日下午 2:00

更新于2026年9月23日下午2:09

与 30 亿美元洗钱案有关的 42 层顶层公寓，以 2530 万美元的指导价进行拍卖，是新加坡待售的 26 套豪华房产之一。

前业主苏永灿已逃离新加坡，他是上缴价值 18.5 亿美元资产的 15 名嫌疑人之一。

超过 80 处被查封的房产将分阶段出售，直至 2027 年年中，所有收益将进入政府综合基金。

新加坡——位于南滩公寓42层的顶层公寓将于9月23日下午2点30分进行拍卖，指导价为2530万美元。该公寓曾属于洗钱嫌疑人苏永灿所有。

这套公寓位于英国建筑师诺曼·福斯特设计的开发项目中，是 ETC 和 SRI 经纪公司即将拍卖的 18 套豪华公寓和一间厂房空间之一。

这套面积为 6,727 平方英尺的四居室顶层公寓是与 30 亿美元洗钱案有关的 26 处房产中最贵的，这些房产将在第一批拍卖中出售。

苏某在2023年8月警方行动前逃离新加坡，他是与此案有关的15名嫌疑人之一，他们同意交出总价值约18.5亿美元的资产，以换取国际刑警组织撤销对他们的通缉令。

苏永灿是与此案相关的15名嫌疑人之一，他们同意交出总价值约18.5亿美元的资产，以换取国际刑警组织撤销对他们的通缉令。照片：新加坡警察部队

苏永灿是与此案有关的 15 名嫌疑人之一，他们同意交出总价值约 18.5 亿美元的资产，以换取国际刑警组织撤销对他们的通缉令。

照片：新加坡警察部队

9 月 17 日，莱坊地产 (Knight Frank) 曾举行过一次拍卖会，但由于未能达到底价，该地产商撤回了七处房产。

这些物业包括位于格拉梅西公园和斯隆公寓的六套豪华公寓，以及新达城一号办公楼。

莱坊拍卖及销售总监陈翠霞告诉《海峡时报》，目前这七处房产的私人协议谈判正在进行中。

这套位于南海滩的顶层公寓，之前属于苏女士所有，配有灰色大理石地板、雨滴形吊灯和一个可以俯瞰滨海艺术中心和滨海湾的大开放式阳台。

此次在 ETC 位于珊顿道 UIC 大厦的办公室举行的拍卖会还包括 South Beach Residences 的七套其他豪华公寓、Saint Thomas 和 Paterson Suites 的八套公寓，以及位于加基武吉的一座 8,800 平方英尺的工厂。

与此同时，位于华利世家大厦和马丁现代大厦的共计 10 套公寓将在 SRI 大世界城办公室进行拍卖。

位于河谷的 Martin Modern 的六个单元的指导价在 223.8 万美元至 498 万美元之间。

华利世家公寓的四套公寓指导价在 440 万美元至 680 万美元之间。

其中最大的单元是位于61层的四居室公寓。它正位于亿万富翁发明家詹姆斯·戴森曾经拥有的超级顶层公寓的正下方。

这套面积为 1,991 平方英尺的公寓拥有高高的天花板，可以饱览未来大南部滨水区的壮丽景色。该公寓之前的所有者是外国公民张瑞金，他于 2024 年被定罪并被驱逐出境。

这些公寓和工厂是政府为清算在调查该国最大洗钱案期间查获的资产而拍卖的 80 多处房产中的首批。

这套面积达6727平方英尺（约630平方米）的四卧顶层公寓，是与涉案金额高达30亿美元的洗钱案相关的26处房产中最昂贵的，将在首批拍卖中亮相。图片来源：ETC

这些房产将于 2026 年 9 月至 2027 年年中分阶段逐步上市出售，并向公众开放竞标。

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。