The Jan 12 report in The Star, “Steep hike in rental fraud cases”, revealing a sharp rise in rental fraud cases particularly those involving identity theft, is deeply concerning.
With cases increasing more than 400% over the past three years, this trend highlights the urgent need for stronger public awareness and preventive action.
Rental scams today are increasingly sophisticated.
Fraudsters exploit social media, messaging apps and fake identities to lure victims with unrealistically low rental offers and high-pressure tactics.
Beyond financial loss, victims often endure prolonged legal complications due to misuse of their personal data.
To curb this growing threat, the public should observe the following precautions:
> Physically inspect the property
Prospective tenants must insist on visiting the unit in person and taking their own photos or videos. Refrain from relying solely on social media listings. Genuine landlords will not pressure individuals to rush deposits without proper viewings.
> Meet landlords face to face
Always insist on meeting the landlord or an authorised representative. Verify their identity against official documents to ensure it matches ownership records. Scammers typically avoid physical meetings and provide excuses to remain online.
> Only deal with registered agents
Transactions should be conducted through licensed property agents. Verify the agent’s registration number and firm independently. Avoid individuals claiming to be agents who cannot produce proper credentials.
> Verify ownership and payment details
Request proof of ownership or a legitimate letter of authorisation. Be cautious if asked to transfer money to accounts that do not match the landlord’s or registered agency’s name, as this often involves the use of “mule” accounts.
> Be alert to red flags
Unrealistically low prices, urgency tactics, refusal of viewings and frequent changes of contact details are major warning signs. Offers that sound too good to be true usually are.
Rental fraud thrives on haste and misplaced trust.
By exercising due diligence and refusing to be pressured into quick decisions, we can protect ourselves from falling prey to these predators.
Any suspected scam should be reported immediately to the police to prevent others from being duped.
Tee Hooi Ling
Wanita MCA National Deputy Chairman
