Want to create an interactive transcript for this episode?
Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: The Big Story: Too good to be true? 'Bait-style' trick property agents in Singapore use to hook buyers
Description: Singapore’s property market has always been competitive, but a recent investigation by The Straits Times has uncovered a worrying trend. Some agents are using 'bait-style' listings to attract buyers with prices that seem too good to be true, and often, they really are. From eye-catching show-flat photos to promises of 'direct-from-developer' deals, these listings can mislead buyers and distort the market. So how common are these 'too good to be true' listings? What happens when a property advertised as a bargain turns out to be misleading? And are there warning signs buyers should watch out...