RETAIL | Krisana Gallezo-Estaura, Singapore

Check out a cool auction house in Tiong Bahru with its own canteen

It is founded by auctioneers from London.

HotLotz is an auction house re-imaged for the digital age. Founded in Singapore in 2016, it provides a marketplace for people to buy and sell contemporary, vintage and antique home furnishings and décor. It made its first auction last March 5.

HotLotz is founded by British auctioneer Matthew Elton who serves as the managing director. He is supported by General Manager, Geoffrey Volpatti and Auctioneer and Valuer, Christopher Lanigan-O'Keefe.

Located in Tiong Bahru, HotLotz holds ‘Interiors & Antiques’ auctions every Saturday at 10am from its custom-designed saleroom. Bidders get to bid for the lot they want at the best value that they would pay for. Furthermore, HotLotz holds monthly social night auctions under its ‘LateLotz’ sub-brand, as well as a variety of online-only themed auctions, which focus on art, jewelry and other collectable items.

All HotLotz auctions are supported by the www.hotlotz.com online platform which showcases auction catalogues, manages online bidding and offers clients a simple fuss-free way to get an expert opinion on the items they wish to sell.

“Hotlotz curates an eclectic mixture of contemporary, vintage and antique statement pieces which speak to a broad spectrum of discerning audiences, from seasoned collectors looking to add to their collections, to young couples settling into their first homes and wanting to make the most of their new space,” said Matthew.

According to Matthew, Hotlotz secures its items from private consigners in Singapore and from scouts who comb the hidden antique markets of Europe to identify hard-to-find, unique items. More than your regular auction house, HotLotz also has its own canteen where bidders can mingle and savour a fresh barista-brewed coffee and healthy snacks.

“The specially themed ‘Latelotz’ auctions offer the opportunity to combine social vibes with shopping. Bidders can to soak in the atmosphere and preview the lots whilst they sip a cocktail with friends. ‘LateLotz’ auctions planned for 2016 include specially themed auctions of Asian Contemporary Art, Fine Jewelry and Art Glass,” explained Matthew

HotLotz will launch its mobile app in July 2016, which will further simplify browsing of the catalogues and for leaving electronic bids on lots. HotLotz will also launch its “Event Space” offering, targeting businesses that are looking for an interesting and innovative space for events and off-site meetings or presentations. The venue can sit up to 50 attendees.

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Check out a cool auction house in Tiong Bahru with its own canteen

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