The 5 Best Auction Houses in Singapore

Singapore boasts a thriving market for art, antiques, luxury goods, and rare collectibles, making it a hub for prestigious auction houses. Whether you’re a seasoned collector or a first-time buyer, these establishments offer an exciting platform to acquire unique items while experiencing the thrill of competitive bidding. In this guide, we’ll explore the 5 best auction houses in Singapore, highlighting their services, specialties, and what makes them stand out in the industry. From artworks and jewelry to vintage wines and memorabilia, Singapore’s auction scene has something for everyone. Before diving into the world of auctions, here are some key services and considerations to keep in mind:

  • Live Auctions: Participate in real-time bidding events held in-person or online, providing an electrifying atmosphere for acquiring rare items.
  • Online Auctions: Enjoy the convenience of bidding from anywhere with digital platforms offering seamless auction experiences.
  • Private Sales: Access exclusive opportunities to purchase high-value items through confidential negotiations facilitated by the auction house.
  • Appraisal Services: Obtain professional evaluations of your assets, including art, jewelry, or collectibles, to determine market value.
  • Consignment Services: Partner with auction houses to sell your items, with guidance on setting reserve prices and maximizing visibility.
  • Specialized Categories: Explore niche categories such as fine art, luxury watches, vintage wines, historical artifacts, and more.
  • Price Range: Prices can range widely depending on the item, from a few hundred dollars for collectibles to millions for high-value artwork or antiques.
  • Expert Guidance: Benefit from professional advice on buying and selling strategies, authenticity verification, and market trends.
  • Payment and Shipping: Ensure a smooth transaction with flexible payment options and secure shipping services for local and international buyers.
5

Number of companies

152

Verified reviews

4,54

Average rating

Hotlotz
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1. Hotlotz

3,6/5
28 Jln Kilang Barat, 159362, Singapore
  • Auction house

Why we chose them

Since 2015, Hotlotz has been a leading name in Singapore’s auction scene, offering a dynamic platform for buyers and sellers to engage with an impressive array of treasures. Specializing in auctions of Asian ceramics, decorative arts, designer fashion, fine wine, jewellery, and collectibles, the company has established itself as a trusted marketplace for private collections, estate services, and unique finds. Known for setting world records, including the sale of a rare Peranakan porcelain wedding basin for SGD 89,000 and a Chinese vase for SGD 6.875 million, this auction house continues to redefine the art and luxury market in the region.

The company’s services cater to diverse needs, ranging from home contents sales to specialized auctions for business sellers. With meticulously curated catalogues and an ever-evolving marketplace, they provide an accessible and seamless experience for collectors and enthusiasts alike. Whether it’s antique jade carvings, rare banknotes, or exquisite jewellery, their auctions showcase items of exceptional quality and provenance. Their dedication to connecting buyers with extraordinary pieces makes them an essential addition to our directory of noteworthy businesses.

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Atasbid
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2. Atasbid

5,0/5
247A South Bridge Rd, 58796, Singapore
  • Auction house

Why we chose them

Atasbid is a distinguished online auction house based in Singapore, specializing in the trade of Chinese porcelains, antiques, art, and collectibles. With years of expertise and a passion for curating unique items, the company has established itself as a trusted platform for collectors and enthusiasts alike. Registered with Singapore ACRA in 2018, Atasbid offers a seamless and professional auction experience, showcasing a diverse catalog of rare and valuable items through both live and timed auctions.

Committed to innovation and accessibility, Atasbid provides users with an optimal bidding experience via its user-friendly website and free mobile app. The platform features upcoming and past auctions, along with tools to track bids and watched lots, ensuring an engaging and transparent process for participants. With a reputation for professionalism and dedication to preserving cultural heritage, Atasbid stands out as a premier destination for trading and acquiring exceptional collectibles.

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Lbhh Crystal Sg
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3. Lbhh Crystal Sg

5,0/5
2 Gambas Crescent Nordcom 2, #08-06, 757044, Singapore
  • Auction house

Why we chose them

LBHH CRYSTAL SG 老板兴兴 stands out as a dynamic auction house specializing in Feng Shui services, attracting enthusiasts and practitioners alike. Known for its engaging live-stream sessions, the company hosts auctions every Thursday, Friday, and Sunday at 8 p.m., offering a unique platform for customers to explore Feng Shui items and services. Their interactive approach fosters a sense of community, making it a popular choice for those interested in enhancing their lives through the principles of Feng Shui.

Leveraging the power of social media, LBHH CRYSTAL SG 老板兴兴 connects directly with its audience through Facebook under the name “Lao Ban Heng Heng 老板兴兴Sg.” These live sessions not only showcase their products but also provide valuable insights and guidance on Feng Shui practices. The company’s commitment to creating a lively and informative environment has earned them a reputation as a trusted source for Feng Shui enthusiasts seeking both quality services and engaging experiences.

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Futuregrail
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4. Futuregrail

4,7/5
100E Pasir Panjang Rd, #03-01/02, 118521, Singapore
  • Auction house
  • Museum
  • Watch store

Why we chose them

FutureGrail Pte Ltd. stands out as a premier online auction house specializing in ultra-luxury collectibles, particularly treasured timepieces. With one of the lowest buyer’s and seller’s premiums in the industry—just 6% of the hammer price—the platform caters to both seasoned watch collectors and newcomers. Its comprehensive offerings include public and private auctions, streamlined consignment services, and authentication by watch experts, ensuring a seamless experience for buyers and sellers alike. The company emphasizes accessibility and transparency, making watch collecting approachable for enthusiasts from all walks of life.

In addition to its auction services, FutureGrail houses an impressive museum featuring rare and historical wristwatches and pocket watches, offering visitors a glimpse into the rich legacy of horology. The museum also serves as a showcase for consigned pieces, providing a unique opportunity for collectors to preview lots in person. Supplementing its physical and digital services, FutureGrail leverages cutting-edge technologies such as NFT minting for digital proof of ownership and state-of-the-art vault facilities for secure storage. This dedication to innovation and expertise solidifies its position as a trusted partner in the luxury watch collecting community.

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Alcovault Whisky Auctions
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5. Alcovault Whisky Auctions

4,4/5
200 Jln Sultan, #12-02 Textile Centre, 199018, Singapore
  • Auction house

Why we chose them

AlcoVault Whisky Auctions stands out as a premier destination for whisky enthusiasts and collectors seeking the rarest and finest whiskies from around the globe. With operations spanning Singapore, Malaysia, and Vietnam, this distinguished auction house offers unparalleled access to some of the most coveted bottles in the whisky world. Hosting monthly auctions featuring over 800 bottles, AlcoVault caters to both seasoned collectors and newcomers, providing them with an exciting platform to discover, bid, and acquire exceptional whiskies.

Specializing in whisky auctions, AlcoVault has earned its place in our directory for its commitment to showcasing extraordinary selections and connecting collectors worldwide. Its streamlined process ensures that participants can easily engage in auctions and explore a curated collection of rare treasures. Whether you’re an avid whisky connoisseur or simply looking to expand your collection, AlcoVault’s dedication to quality and exclusivity makes it an essential resource for whisky lovers everywhere.

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Frequently asked questions

What services do auction houses in Singapore typically offer?

Auction houses in Singapore provide a range of services, including live auctions, online auctions, private sales, appraisal services, consignment services, and expert guidance on buying and selling strategies. They also specialize in various categories such as fine art, luxury goods, and collectibles.

What is the average price range for items sold at auction houses in Singapore?

Prices vary widely depending on the item. Collectibles and smaller items can start at €300–€1,000, while fine art, antiques, and luxury goods often range between €5,000–€50,000. High-value artwork or rare items can exceed €1,000,000.

How long does it take for an auction house to sell a consigned item?

The timeline depends on the auction schedule and the item's category. Typically, consigned items are prepared, marketed, and sold within 4–12 weeks, although private sales may take longer due to negotiations.

What should I consider when choosing an auction house in Singapore?

Look for an auction house with expertise in your item category, transparent pricing, a strong reputation, and professional appraisal services. Consider their reach and ability to attract bidders locally and internationally, especially for high-value items.

Are online auctions as reliable as live auctions in Singapore?

Yes, online auctions are reliable and offer convenience for bidders who cannot attend in person. Many auction houses use secure platforms with real-time bidding features, ensuring transparency and a seamless experience.

How can I verify the authenticity of items sold at auction houses?

Auction houses typically provide professional authentication for items, backed by certificates or documentation. You can also request expert appraisals or consult independent specialists to ensure authenticity before bidding.

What payment options are available when purchasing from an auction house in Singapore?

Most auction houses accept payment via bank transfer, credit cards, and sometimes digital payment platforms. Terms of payment, including deadlines, are usually outlined in the auction agreement, so it’s essential to review them beforehand.

How are items shipped to buyers after an auction in Singapore?

Auction houses often offer secure shipping services for both local and international buyers. Shipping costs and arrangements depend on the item's size, value, and destination, with options for insurance to protect high-value purchases.

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