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Errant real estate agencies, agents face higher maximum fines

Published Tue, May 5, 2020 · 09:50 PM

Singapore

ERRANT real estate agencies and property agents will face higher maximum fines of S$200,000 and S$100,000 per case respectively for breaching industry guidelines under a Bill passed in Parliament on Tuesday.

The maximum fine for both real estate agencies and property agents was previously capped at S$75,000 per case.

The announced maximum fine increase for real estate agencies will now co…

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