For the first time in more than 20 years, a Singapore housing site gets no bids, while another site gets a highest bid that is still about 10% lower than a fair market value. Are these signs that the Singapore private property market is heading for a lull? What sort of the impact will the new Prime Location Public Housing flats have as well to the private property market?

Nicholas Mak, Chief Research Officer of property search portal Mogul.sg shares his insights to these questions. 

See omnystudio.com/listener for privacy information.