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Property agent gets jail for deceiving buyer and seller of HDB flat to receive double commission – CNA

SINGAPORE: A property agent was sentenced to 23 weeks’ jail and fined S$11,000 on Thursday (Jun 9) for deceiving each The client and promoteer of a Housing and Enchancment Board (HDB) flat to acquire double The quantity of fee.

Toh Yew Hock, 52, pleaded responsible earlier this month To at least one cost of twin illustration beneath the Property Brokers (Property Agency Work) Legal guidelines, and one rely every of felony brevery of notion and dishonest.

He was a registered gross salesperson with PropNex Realty On the time of the offences. A Council for Property Businesses (CEA) prosecutor informed the courtroom his registration will expire On The prime of the yr.

The prosecutor said The invention of the offences was “completely fortuitous” As a Outcome of the buyer and promoteer have been In a place to have a face-to-face dialogue when Toh was late for an inspection of the flat.

AGENT COMMISSION

In April 2018, A pair who owned the flat engaged Toh to recurrent them Inside the sale of the flat. It was marketed on-line for S$820,000.

An buyr acquired here throughout the commercial The subsequent month and contacted Toh To rearrange a viewing.

On Might 21, 2018, Toh informed him thOn the house owners had suspended all further viewings after receiving A suggestion of S$810,000. This was untrue.

To safe a viewing, the buyr supplyed to match the S$810,000 supply and pay 3 per cent agent fee to …….

Source: https://www.channelnewsasia.com/singapore/property-agent-jail-deceive-buyer-seller-double-commission-2737011

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