The luxury goods seized in Singapore's S$3 billion money laundering case are going under the hammer, and the sales are open to the public. Deloitte, which is handling the liquidation, set out the plan in a statement on 29 August 2026, and Singapore auction house Hotlotz has already published the dates for the first sales on its own site.
> Quick view: two timed, online-only auctions open for bidding at 10am on Monday 7 September 2026 · Luxury Handbags & Accessories runs to 20 September, Fine Jewellery, Part One runs to 27 September · five more sales from 9 November covering Hermes bags, watches, wine and spirits · registration is free and open to anyone, with identity checks · a 30% buyer's premium is added to your winning bid · viewing by appointment only at Le Freeport, for registered bidders.
What is being sold, and by whom
Police seized or took control of around S$1.25 billion in non-cash assets during the probe, which began with an islandwide raid on 15 August 2023 and led to the arrest of ten foreigners, all since convicted and deported. The haul included cars, properties, art, watches, jewellery, gold bars, handbags and thousands of bottles of wine and spirits.
Deloitte has split the disposal. The smaller assets go to Hotlotz, a Singapore auction house founded in 2015 that runs more than 50 timed online sales a year and is registered with the Ministry of Law and licensed by the Singapore Police Force. It has grouped them into a new programme it calls Hotlotz Fine.
The two September sales
Both open at the same moment. Hotlotz's series page states that catalogues will be published, and bidding will commence, at 10am on Monday 7 September.
Luxury Handbags & Accessories, 7 to 20 September 2026. Hotlotz describes it as a sale dominated by Chanel, bringing together handbags, costume jewellery and accessories, with Louis Vuitton, Christian Dior and Gucci completing the line-up. Among the pieces already previewed are limited-edition Lady Dior bags by the artists Judy Chicago and Claire Tabouret, a mini Lady Dior in matte white Himalaya niloticus crocodile, and a Louis Vuitton Capushell mini beads bag.
Fine Jewellery, Part One, 7 to 27 September 2026. This one is led by a 15.02 carat Fancy Yellow diamond ring, a Bulgari Serpenti emerald and diamond necklace, and a rare Hermes Kelly full diamond bracelet. The rest spans Graff, Cartier, Van Cleef & Arpels, Tiffany & Co, Chaumet and Harry Winston.
Five more sales in November
The 2026 programme continues with a second wave, all opening on 9 November:
- Fine Jewellery, Part Two (9 to 22 November)
- Fine Wine & Champagne (9 to 24 November)
- Hermes Handbags & Accessories, Part One (9 to 26 November)
- Fine Watches, Part One (9 to 29 November), with Patek Philippe, Richard Mille and Rolex
- Fine Spirits, Part One (9 November to 1 December)
The naming tells you this is not the end of it. Everything is a "Part One", and Deloitte's programme of sales is expected to run well into 2027.
How to bid
Registration is free and open to everyone, and both September sales accept global participants. The steps are short:
- Create one Hotlotz account. Use your full legal name exactly as written in your passport.
- Register for each auction separately. That is also how you accept the terms for that particular sale.
- Clear identity verification. Given what these assets are, and Singapore's anti-money laundering and know-your-client rules, this is mandatory and Hotlotz may ask for more information.
Bidding is online only. Hotlotz takes no telephone, absentee or commission bids for these sales. You can either bid in real time or leave a maximum bid, which the system executes for you in published increments and only far enough to keep you in the lead, so it is possible to win below your maximum.
The 30% that changes the maths
This is the part most people miss. Hotlotz charges a buyer's premium of 30%, inclusive of GST, added on top of the closing bid to form the total invoice. It is not negotiable.
Its own worked example: bid S$1,000 and win, and you pay S$1,300.
So set your ceiling by dividing your budget by 1.3, not by trusting the bid figure on screen. A S$5,000 budget is a S$3,846 maximum bid. Two more things to hold in mind before assuming a bargain:
- The published opening bid is also the reserve, the lowest price the lot can sell for. There are no giveaway lots.
- Estimates are auction guides, based on prices achieved at auction rather than retail. In a sale this publicised, with global registration, prices running above estimate is the likelier outcome.
Viewing, shipping and the as-is rule
Viewings are at Le Freeport, 32 Changi North Crescent, a private high-security vault near Changi, and they are strictly by appointment. Only registered bidders who have cleared identity checks can book, through Hotlotz's platform. Slots last 45 minutes, with five a day at 10am, 11am, 12pm, 2pm and 3pm, and Hotlotz calls them extremely limited and first come, first served.
- Handbags: Mon 14 to Sat 19 September
- Jewellery: Mon 14 to Sat 19 September, and Mon 21 to Sat 26 September
Both sales offer local and international shipping, and neither allows self-collection. Everything is sold as is, with all existing faults, so ask for a condition report if you cannot view in person. Winning bidders are invoiced within 24 hours and payment is due immediately, with bank transfer or PayNow preferred because those carry no additional fee.
The properties, and a warning worth reading twice
More than 80 properties tied to the case will be auctioned progressively from 7 September, handled by the realtors SRI, Edmund Tie & Company (SEA) and Knight Frank. Deloitte added that certain selected properties will instead be offered by List International Realty through an expression of interest process.
Deloitte's own advice in the statement is blunt, and it is the single most useful line for readers: members of the public should participate only through auctions or sales processes conducted by, or officially linked to, those appointed agencies. A sale this well publicised is an obvious hook for impersonation, so if an approach arrives by message, social media ad or a site you have not verified, treat it as a scam until proven otherwise.
Where the money goes
All proceeds are paid into the Consolidated Fund, the Government's general revenue account. Police have said roughly S$1.4 billion, comprising cash from seized bank accounts and other liquidated proceeds, had already been paid in as of the close of the 2025 financial year.
*Photo: Hotlotz official (Hotlotz Fine series artwork). Auction dates, viewing arrangements, bidding rules and the buyer's premium verified on Hotlotz's own catalogue and buying guide pages on 29 August 2026. Details of Deloitte's appointment and the property sales are from Deloitte's 29 August 2026 statement as reported. Confirm every figure against the sale's own terms before you bid; this is not financial advice.*
