#TalkBack: Auctions; good bargains or not for the every-man?

Now, Talk Back with Daniel Martin on CNA 938.

Welcome in, everybody.

Thanks for joining me.

I want to hear from you, especially if you've ever been for an auction.

Now, of course, it's horrible that Singapore has been the site of one of the world's biggest money laundering cases.

Singapore's $3 billion money laundering case has resulted in seized goods and property from these criminal enterprises going under the hammer But still, in typical Singaporean, you know, look at the bright side of things, it's allowed most of us to peer into a world of luxury that we've never maybe had access to.

Let's just call it the capo factor.

And I've got the capo factor on today's edition of Talkback because going under the hammer in these auctions...

I'm seeing apartments in River Valley and Tanjung Pagar.

We're seeing luxury goods from, you know, your Hermes Birkins to your Patek Philippe's to your Audemars Piguet's.

You know, stuff that people save up their whole life to buy sometimes or to mark an important milestone, the birth of your first son, you buy this special watch.

or your daughter graduating and you get this bag, that kind of thing, right? It's this world of luxury goods, this world of excess, this world of high end.

And we're kind of peering into it through these auction processes.

CNA's Nadine Yam with some details on the auctions, which have begun as of this past week.