Hot rental market in S’pore sees scammers moving in

The hot property market has fuelled a flood of rental scams as fraudsters take advantage of people desperate to secure a place to rent. PHOTO: ST FILE
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SINGAPORE - When a purported property agent told Ms Joelle Wang to pay $1,800 to secure a room for rent before viewing it, her anxiety over the competitive rental market led her to quickly transfer the sum online.

The purported agent, whose listing for a common room in an Ang Mo Kio flat was found on Carousell by Ms Wang in April 2022, had claimed he was from real estate agency PropNex. He even sent a photo of a name card as proof.

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