A court earlier this month ruled that a December 2024 Bloomberg article on Good Class Bungalow transactions had defamed the ministers
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Details of the costs were shared with the media in an extract of the notes of proceedings.
The breakdown showed that each minister was awarded S$50,000 for pre-trial work, S$65,000 for the trial and S$30,000 for post-trial work.
The Bloomberg article opened with a line: “Singapore’s ultra-rich are increasingly cloaking their purchases of mansions in the city state in secrecy.”

After referencing a S$3 billion money laundering scandal and how criminals linked to the case were convicted, jailed and deported, the article said buyers of high-end homes would rather keep their purchases under the radar.