In Singapore, the timeshare industry is quickly building a bad reputation. But that is not stopping buyers from betting lured into scams.

According to the Consumers Association of Singapore (CASE), timeshares have received the most consumer complaints for the last five years and running.

Each year, timeshare products receive at least 2,000 consumer complaints. For 2009, it has already received 1057 complaints.

Seah Seng Choon, executive director of CASE, says that timeshare companies consistently devise ways to scam consumers. Some promise cash backs and others produce value-for-money-deals that catch unsuspecting customers.
In some cases, companies even threaten consumers that they would force their children to make the payments if they do not pay the fees accordingly.
   
In a recent interview, Amolat Singh—a lawyer and a timeshare owner—said that owning a timeshare is a “sticky” affair. Singh says there are no termination clauses in the contract. Even if an owner does not get holiday packages, they are obligated to pay maintenance and membership fees. If the owner fails to do so, he/she will be faced with legal issues.