A commercial building in Bukit Merah, listed for about $50 million, was abruptly removed from the market just three days after it was put up for sale. The property at 2 Jalan Kilang Barat is tied to an ongoing money-laundering investigation involving Cambodian businessman Chen Zhi.
The building’s owner, 25-year-old Chen Xiaoxuan, is currently assisting Singapore police with inquiries. Her father has also been arrested for suspected involvement in related offences. The property was previously identified in a US probe as the registered address for multiple companies linked to Chen Zhi and his close associate, Chen Xiuling.
Purchased in 2023 through a firm incorporated by Chen Xiaoxuan, the building has drawn renewed scrutiny as authorities in Singapore, the US, and Britain continue to pursue global investigations into fraud, money laundering, and alleged scam operations tied to Chen Zhi. Singapore police have already seized or frozen substantial assets connected to the case.
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