10/10/2026
Landlords and agents beware!
MOM should review employment passes issued to foreigners who work for or own the company with very low paid up capital. Shell companies which have little or no real business operations in SG should not be allowed to apply for employment or work passes for their employee.
"The court ultimately found that Price had a history of using shell companies to rent landed properties in Singapore for his family to stay and not paying rent." - from Mothership.
The judge dismissed the suit, saying Price schemed against the owners and had no intention to pay rental.