Buying Information

  • What types of objects does Hotlotz typically sell?
    Hotlotz is Singapore's leading auction house for art, collectibles, and luxury objects. Our in-house specialists appraise objects including Fine Art, Jewellery, Watches, Asian Works of Art, Peranakan Works of Art, Coins & Banknotes, Antiques, Design, Fashion, and more.
  • No. Hotlotz does not offer ivory, rhino horn, or any products containing either material for sale, regardless of age, provenance, or documentation. The sale of elephant ivory and ivory products has been completely banned in Singapore since 1 September 2021 under the Endangered Species (Import and Export) Act, with no exception for antique or pre-ban items. Rhinoceros horn is separately protected as a CITES Appendix I species, for which commercial trade is essentially prohibited worldwide; under the same Act, it is an offence to sell, offer for sale, or publicly display for sale any CITES-listed species part — including rhino horn — without the necessary import permits, which are not issued for commercial purposes.
  • All objects are sold on consignment. Hotlotz does not own any object that we offer for sale by auction.
  • We hold over 50 timed online auctions annually. Please see our Auction Calendar page for details about our upcoming sales.
  • Individual digital catalogues are published online for each auction about 10 days prior to its closing date, with comprehensive descriptions and photography of every lot.
  • Every lot has a designated opening bid, which also acts as its reserve price — the minimum price at which it will sell. Hotlotz does not use confidential (undisclosed) reserves.
  • It's a professional guide to what a lot might achieve at auction, based on the item's condition and rarity, historical prices for comparable pieces, and recent market trends.
  • Public viewing is available for most lots, usually in our saleroom — check each catalogue's header for the specific location and hours. Fine Wine is the exception, as it's stored in temperature-controlled facilities and isn't available for public viewing.
  • Where possible, inspect the item in person before bidding. You can also request a condition report or additional photography, at least 48 hours before the auction closes. Condition reports are our general assessment for guidance only, prepared with care but not a guarantee — we're not responsible for oversights.
  • No. We do our best to appraise and catalogue the items, but they are sold ‘as is’. We strongly recommend that you inspect items, ask for more information if needed and make your own assessment before bidding.
  • You can only bid online – we do not offer live, telephone, absentee or any other form of bidding. Once you have a Hotlotz account and registered to bid for an auction, enter the next bid amount which is necessary and click ‘bid’. You will be notified if you are the highest bidder or if you get outbid. Alternatively, you can set a maximum bid amount you are willing to pay.
  • No. All bids are binding and cannot be retracted or removed, so please bid carefully.
  • It's the highest amount you're willing to pay, kept entirely private from other bidders and Hotlotz staff. The platform bids on your behalf, rising only as needed by the standard increments to keep you in the lead, so you may win below your maximum.
  • Yes. If you have submitted an amount as your maximum bid and then wish to reduce it, enter your reduced maximum bid amount in the box where you would normally place your bid. You will need to make sure that the reduced amount meets a bidding increment and that it is more than or equal to the current bid.
  • Yes. You can follow items once you have registered to bid in an auction by clicking on the heart button next to the photo of the item in the auction catalogue. You can see your watchlist from your Hotlotz account, under ‘watchlist(s)’.
  • The platform automatically guides you to the correct increment: $20 between $0 and $400, $50 between $400 and $1,000, $100 between $1,000 and $2,000, $200 between $2,000 and $5,000, $500 between $5,000 and $10,000, $1,000 between $10,000 and $100,000, $5,000 between $100,000 and $200,000, $10,000 between $200,000 and $500,000, $20,000 between $500,000 and $1,000,000, and $50,000 above $1,000,000.
  • Lots close independently, one minute apart, starting from the auction's scheduled end time (shown in the header of each catalogue). Any bid placed in the final five minutes of a lot extends its bidding by five minutes, repeating until five minutes pass with no new bids — so actual closing times can vary from the schedule.
  • A buyer's premium (GST inclusive) is added to the closing bid price to give the total payable. It's typically 30%, though selected Hotlotz Fine auctions charge 20% — check the header of the relevant catalogue to confirm the rate that applies.
  • PayNow and bank transfer carry no extra fees. Visa, Mastercard, and American Express are also accepted, with a 2.73% (GST inclusive) card service fee. Hotlotz is a cashless business and doesn't accept cash, cashier's orders, or bank cheques.
  • Some unsold items may be offered for immediate sale with a fixed price in our online marketplace. These items are generally listed in the marketplace within an hour of a sale closing and may be purchased on a ‘first come, first served’ basis. In addition, the marketplace comprises a ‘Clearance’ section with items offered at highly attractive prices. No buyer’s premium is charged on items sold in the marketplace. For other unsold items it may still be possible to buy them if the seller is interested – please get in touch by emailing hello@hotlotz.com.
  • It is not possible to return or refund items, including where you change your mind or decide you do not want the item. Items are sold ‘as is’ with any issues or imperfections, hence we make them available for viewing or can provide further information. If there are issues as a result of our cataloguing, please get in touch with us.
  • We list upcoming as well as current auctions on the ‘Auctions/Auction Catalogue’ page of our website. You can also subscribe for electronic direct mail updates by entering your email address in the ‘Stay up-to-date with Hotlotz’ field on hotlotz.com.
  • Only if they're specifically noted in the lot description. If an accompanying item isn't mentioned, it isn't included.
  • Hotlotz is unable to arrange shipping for lots containing restricted species outside of Singapore, these lots are available for local delivery within Singapore only. Because Hotlotz cannot facilitate export, such lots are not eligible for the zero-rated GST treatment available on other overseas sales. Buyers taking a lot outside Singapore do so entirely at their own responsibility, and must ensure full compliance with all applicable Singapore export laws and the import laws of the destination country; Hotlotz cannot provide any documentation to support export. Bidders are strongly advised to make their own enquiries into any permit or licence requirements before bidding, an inability or delay in obtaining a required export or import permit will not be accepted as grounds for cancelling the sale or delaying payment.
  • Yes. Registration is required separately for each specific Hotlotz auction you want to participate in.
  • For all new bidders completing registration also involves mandatory identity verification checks. Existing Hotlotz clients have until 1 February 2027 to complete identity verification checks. Please do so promptly to ensure uninterrupted bidding and account access.
  • Hotlotz runs timed, online-only auctions open to bidders worldwide. There are no in-room auctions, and we don't accept commission or telephone bids.
  • All items are pre-owned and sold 'as is'. Expect wear consistent with age and use, and note that colours may vary slightly from photos and that weights and measurements are approximate. Read each lot description carefully.
  • All amounts are in Singapore Dollars (SGD).
  • Singapore GST of 9% is included in the buyer's premium. It's also included in the closing bid price, unless the lot description's ownership statement names the seller — in which case the closing bid price does not carry GST.
  • For items sold on behalf of anonymous sellers, Hotlotz can zero-rate the GST in both the buyer's premium and the closing bid price if you export the item. For items sold on behalf of named sellers, Hotlotz can zero-rate the GST in the buyer's premium only if you export the item. To qualify, you must confirm you're not a Singapore resident, provide a foreign delivery address, and have Hotlotz arrange the export via our IRAS-compliant logistics partners within 60 days of the auction closing. Email finance@hotlotz.com to arrange this.
  • Successful bidders are notified by email within an hour of the auction closing, with an invoice and payment instructions included.
  • Immediately upon receipt of your invoice.
  • Payment must come from the specific person or entity named on the invoice, so make sure your Hotlotz account reflects your full legal name exactly as it appears on your passport. If your profile is out of date, update it on the Hotlotz platform or contact hello@hotlotz.com.
  • See our Buying Guide, and our Glossary and FAQ resources at hotlotz.com.
  • In person in the saleroom, by phone at (+65) 6254 7616 during business hours, or by email at hello@hotlotz.com.
  • What does Hotlotz sell?
    Please see the 'What We Sell' page of our website. We sell a wide range of item categories that include art, furniture, interior décor, jewellery, collectibles, Asian works of art, decorative arts, designer fashion, Peranakan works of art, coins & banknotes, watches & timepieces and wine & spirits. However, we are always interested in other items of quality – if you are unsure if we would sell something, please just contact us by email at hello@hotlotz.com or by phone on (+65) 6254 7616. Please note the categories we use for our auctions are slightly different, which you can see under ‘Auction Results’ on our website.
  • Please give us as much information as possible. As well as a description, include any relevant information you have such as the condition, dimensions, weight, material, medium, maker, artist, provenance, history, ancillary items, etc. If you have any paperwork (like receipts, certificates, etc.) do let us know. Clear colour photos are also useful, front, back and of any relevant detail such as signature, maker’s mark or any damage.
  • You can discuss any condition issues with one of our valuers. Any condition issues with items we sell are detailed as part of our auction cataloguing.
  • We typically take items into our Singapore saleroom so that they can be inspected, catalogued and photographed. We will advise you if/when we need to do so. Please do not send us items, or bring in items for appraisal or consignment, before being requested to do so or confirming with us first.
  • Certainly. You can easily submit items for appraisal via WhatsApp Messenger. Simply send photos and details to our dedicated WhatsApp account at +65 8660 3476. Our valuation team will review your message and respond to you. Please note that this number is for messaging only, and we may not be able to answer calls to it.
  • Absolutely! Large consignments are where we really excel, given the size and experience of our valuation team. Please send us an introductory email to hello@hotlotz.com outlining your circumstances for our consideration or give us a call on (+65) 6254 7616. Appraisers with responsibility for special projects, including Private Collection, Estate Services, Business Sellers or Home Contents will then contact you.
  • Yes. We are generally happy to come to you. It may depend on an initial assessment of your item(s) including the number and nature of them.
  • No. We can only work for you on a consignment basis, meaning we try to sell the item on your behalf. The item remains yours until we sell it.
  • Various aspects will affect the item’s value, such as auction records for similar items, quality, condition, size, weight, maker, artist, provenance, history, rarity, exhibition and publication history, ancillary items, and paperwork (like receipts, certificates, etc.).
  • It will vary by individual item and what someone is prepared to pay for it. We can provide you with a free appraisal and valuation for any items we typically sell.
  • Estimates are based on the experience of our valuations team and what we believe the item will sell for at auction. They also take into account auction records for similar items and factors including condition, rarity, certification and available provenance. Given the competitive nature of auctions, estimates are often exceeded.
  • Auction pricing is based on prices achieved at auction, not what the item might fetch in a retail environment (which might be considerably higher). We tend to be conservative about auction pricing, both to drive interest and competition for the item and because we would rather under promise and over deliver.
  • Yes. We will agree with you an ‘opening bid’ or reserve amount, which is the minimum price at which we can sell an item. This will be recorded in your sales contract. It is better to set a lower opening bid amount in order to drive interest and competition for the item, which will increase the sale price.
  • Before an item can be included in an auction, it needs to be appraised, catalogued and a sales contract prepared and agreed. The sales contract will also specify the auction the item will appear in, based on the most appropriate category of auction and our auction calendar. As we generally work on commission, it’s in our interests to list and sell your item as soon as possible.
  • Yes. Items are made available for viewing by buyers in our Singapore saleroom (unless agree with you otherwise) while the auction catalogue is online or in the marketplace.
  • We will provide you with a receipt for any items in our possession. These are kept at our saleroom, which has high standards of security and we provide insurance (covered by our insurance fee).
  • All of our auctions take place using an industry-leading global platform. We also use electronic direct mail, platforms such as Google, Facebook and Instagram and newspaper and trade publication advertising. In addition, we adopt specific marketing campaigns for particular auctions.
  • No, you grant us exclusivity whilst an item is in auction or on sale in our Marketplace. If we discover your item on sale elsewhere we will withdraw it from sale and you will be invoiced for a withdrawal fee.
  • Yes, but you will be charged a withdrawal fee of $50 (inc. GST) as recorded in your sales contract. If you withdraw the item after the relevant auction catalogue has been published, an additional amount of 20% of the low estimate amount for the item specified in your sales contract will apply. This fee will be invoiced and must be paid before you collect your item.
  • The day after the auction closing date, you will receive an email notifying you whether (or not) the item(s) sold and the closing bid price(s) achieved. Please note the closing bid price includes GST which is the responsibility of the buyer, but the GST amount will then be removed and we use the GST exclusive price for the seller. You can also check the status of your consigned items at any time in the overview section of your Hotlotz account. We also publish auction results on the ‘Auctions/Auction Results’ page of our website.
  • What happens if an item does not sell will be agreed with you in your sales contract. We usually list items for one auction only. Items that are unsold in auction can be given a ‘second chance’ and offered for immediate sale with a fixed price in our online marketplace. The marketplace is particularly useful for sellers who do not want unsold items returned. We do not charge you any seller’s commission or insurance fee if the item is unsold.
  • Payments (or settlements) usually take place within 30 days of the auction’s closing date. Settlements are made by bank transfer into your nominated bank account. Please note that you are responsible for accurately recording your bank account details in your online Hotlotz account dashboard. You will receive a ‘Settlement Statement’ by automated email confirming that the transfer has taken place. A copy of the statement will also be filed in your online dashboard (Simply log in and go to My Account; Paperwork; Settlement Statements). Payments can only be made to the bank account of the individual or organisation named as the seller in the sales contract and your Hotlotz account. You must ensure that you have recorded your full legal name (exactly as it's written in your passport) in your Hotlotz account and that it matches with the sales contract and bank account name. Please update your profile if that’s not the case.
  • If your settlement is delayed it may be for a number of reasons. Typically it is because the bank account names does not match the name of the seller in the sales contract and your Hotlotz account. You must ensure that you have recorded your full legal name (exactly as it's written in your passport) in your Hotlotz account and that it matches with the sales contract and bank account name. Please update your profile if that’s not the case. Settlements will also be delayed if we are waiting for payment from a buyer. We have very robust processes in place to ensure that settlements are made in a timely manner but occasionally buyers can be slow to pay their invoices for example if they are away. Buyers who renege on purchases are extremely rare as they are banned from future bidding with us and our global platform partner, the-saleroom.com. This acts as a deterrent. We never dispatch items without receiving a cleared payment. In the unlikely event that any buyer reneges on a sale we will offer the item to the underbidder, if one exists.
  • We charge seller’s commission, only once an item sells. The rate is either a percentage agreed with you for auctions and recorded in your sales contract, or a uniform 21.8% (inc. GST) for marketplace sales. A minimum amount of commission, which is $50 (inc. GST), applies in all cases (in order to cover our costs of sale). We apply the commission per lot, which might have one or more items. Other fees may apply, such as an insurance fee of 1.7% (inc. GST), a withdrawal fee of $50 (inc. GST), or fees related to shipping, certification or professional cleaning.
  • We charge a minimum seller’s commission fee of $50 (inc. GST) per item sold. This is outlined in your sales contract. This is to cover our costs of sale, in case the % rate of seller’s commission ends up being lower than $50 (inc. GST) and therefore does not cover our costs.
  • All sales in Singapore are generally subject to GST, which is the buyer’s responsibility. To meet price display rules, the price of each item has to have GST applied and the GST has to be included in the auction ‘closing bid’ price or marketplace ‘buy now’ price. The price of the item will therefore be less than the auction ‘closing bid’ price or marketplace ‘buy now’ price once that GST is removed. This GST exclusive price is the amount we settle to the seller for the item, after deductions for our commission and fees. Where a seller has agreed to be named, Hotlotz may not have to charge GST on the item – in which case the buyer will still pay the auction 'closing bid' price or marketplace 'buy now' price and the seller may need to account for the GST. In this case, Hotlotz will settle the full amount of the auction 'closing bid' price or marketplace 'buy now' price to the seller for the item, after deductions for any commission and fees.
  • The seller’s commission that we charge are calculated on the price once any GST on the item, which is the buyer’s responsibility, is removed. This applies to all items except those that are sold by a named seller where GST on the item is not chargeable by Hotlotz so the commission that Hotlotz charges is calculated on the full amount of the auction 'closing bid price' or marketplace 'buy now' price. Our commission is also subject to GST, which is the seller’s responsibility.’
  • No, it will not change the amount that you are settled. We can remove – or ‘zero rate’ – GST (where it is chargeable by Hotlotz) for an auction buyer who is not a resident of Singapore provided export criteria stipulated by the Inland Revenue Authority of Singapore are met. In short, Hotlotz must manage the export and it must take place within 60 days of the auction sale date. Whether such GST is payable or not affects the buyer, but not the seller or the amount settled to the seller. GST charged on our commissions and fees can never be zero-rated.
  • Yes, the insurance fee is for the insurance we provide and it is mandatory.
  • Where a seller has agreed to be named, Hotlotz may not have to charge GST on the item – in which case the buyer will still pay the auction 'closing bid' price or marketplace 'buy now' price and the seller may need to account for the GST. In this case, Hotlotz will settle the full amount of the auction 'closing bid' price or marketplace 'buy now' price to the seller for the item, after deductions for any commission and fees. The commission and fees that Hotlotz charges are calculated on the full amount of the auction 'closing bid price' or marketplace 'buy now' price.
  • How soon do I need items I have bought to be collected?
    We ask that you do so within 7 days. We may charge storage fees if items are not collected in good time. Items may be collected from our Singapore saleroom the day after the auction ends, provided we have received cleared payment. However, please note we are not open for clients on a Monday. Please contact the saleroom if you need help organising shipping.
  • We can try to help you with any collection/drop-off or shipping arranged by you, but please give us as much notice as possible of anything needed. If you have large or heavy items, or delicate items that require specialist packing, please ensure that you have adequate manpower and packing materials. We provide limited, often recycled packing materials, and whilst we will always try our best to help, it’s not always possible.
  • Clients benefit from our internal logistics team who can manage all domestic and international shipping for you. You will be offered this service at the relevant time. We can provide you with a quote from our trusted shipping companies if needed (and typically we just need the full address including post code).
  • If you are arranging someone else to collect your item or your own shipping, please send us a confirmation email authorising us to accept or release the item and include the name of the third-party and the proposed date and time.
  • Many buyers collect their items in person or arrange their own collection or shipping. Also, delivery costs would vary greatly because of the size of items or delivery location. Our preference is to give buyers the choice, rather than effectively charging everyone something for delivery within our pricing.
  • Is GST payable on an item itself?
    All sales in Singapore are generally subject to GST, which is the buyer’s responsibility. To meet price display rules, the price of each item has to have that GST applied and the GST has to be included in the auction ‘closing bid’ price or marketplace ‘buy now’ price. The GST exclusive price is the amount we settle to the seller for the item, after deductions for our commission and fees. Where a seller has agreed to be named, Hotlotz may not have to charge GST on the item – in which case the buyer will still pay the auction 'closing bid' price or marketplace 'buy now' price and the seller may need to account for the GST. In this case, Hotlotz will settle the full amount of the auction 'closing bid' price or marketplace 'buy now' price to the seller for the item, after deductions for any commission and fees.
  • Your bid amount includes any GST. It is a requirement for us in Singapore to have all pricing inclusive of any GST. Accordingly, all estimates, opening bid amounts, bidding increments, closing bids and marketplace prices that are displayed or quoted in any correspondence are always inclusive of any GST.
  • The price of items in the marketplace is fixed and inclusive of any GST.
  • We are required in Singapore to charge GST on the buyer's premium. Our buyer’s premium of 30% on top of the closing bid price for auction sales includes the GST.
  • GST can be zero-rated for auction items if the buyer is non-resident in Singapore and Hotlotz manages the export process for the items and the export is carried out within 60 days of the auction date. This applies for GST on the closing bid price (for all items except those that are sold by a named seller where GST is not charged by Hotlotz) and the buyer’s premium. In any other scenario, GST will usually be applied. Buyers of goods bought in auction who have indicated in their Hotlotz account that their country of residence is not Singapore will be contacted after the sale by Hotlotz client services to discuss the export of their goods.
  • Yes. GST can only be zero-rated for auction items if Hotlotz manages the export process.
  • No, you have to pay the full 'buy now' price (inclusive of any GST) for all items in the marketplace. Hotlotz is exploring participation in an electronic ‘Tourist Refund Scheme’. This will enable a tourist who makes a purchase from Hotlotz and departs with the goods from Singapore via Changi International Airport or Seletar Airport, to be eligible to claim a GST refund under the scheme.
  • Please let us know. If your Hotlotz account shows you are non-resident, you will be contacted after the auction anyway. You will be asked to confirm that you are non-resident and provide an overseas shipping address. You will also be asked to instruct Hotlotz to manage the export process on your behalf, and for it to take place within 60 days of the auction closing date. If you agree, Hotlotz will send an email with a link to a zero-rated GST invoice (where GST is chargeable by Hotlotz). Payment of that invoice is then due immediately.
  • Yes. We are required in Singapore to charge GST on the seller’s commission and any other miscellaneous charges like insurance fees.
  • Yes, Hotlotz has been GST registered since January 2021. Our GST registration number is 201524698M.
  • I went through the steps to reset my password but I can’t find the password reset email. What do I do?
    Firstly, check your spam/junk folder as there is a good chance the email could end up there. If it isn’t there then you can send a request to help@hotlotz.com.
  • Manage your communication preferences by signing into your account, going to 'My Account' then Account/Preferences. You can also unsubscribe from marketing emails at any time by clicking the unsubscribe link at the bottom of each email.
  • Do I need an account to use Hotlotz, and do I have to verify my identity?
    You can browse our catalogues and marketplace freely. To take part, you'll need a free Hotlotz account, and a one-time identity verification before you first bid, buy, sell, or receive payment from us.
  • Confirming the identity of our clients is a standard and important part of doing business with a reputable auction house, and it works in everyone's interest. It protects our clients from fraud, and safeguards the integrity of every sale. As a Singapore-registered auction house, we also have regulatory responsibilities relating to client identity, which these checks allow us to meet.

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