The notorious furniture rebate deal UOB is suing a developer over 38 units at the Marina Collection. The developer allegedly gave rebates of 22 to 34 per cent, resulting in UOB now claiming $92 million in losses from the loans. What exactly is this nonsense? Well, in essence, the developer and the real estate agent […]

source: https://thefinance.sg/2024/02/04/this-92-million-dollar-lawsuit-exposes-a-problem-in-singapores-property-market/