Please note that dates and venue are tentative and is subjected to change (due to unforeseen circumstances). Please call 6755-3805 to check and confirm auction schedule and venue. Thank you.
1. When are the pawnbrokers’ auctions?
Section 20 of the Pawnbrokers Act provides that all unredeemed pledges above S$50 must be auctioned off at public auctions. Any surplus raised from the auction must be returned to the pawners.
Schedule of auctions-The viewing time of the unredeemed pledges is from 9.30 am to 12.30 pm and auctions will begin at 12.45 pm.
Hotel Royal @ Queens 12 Queen Street, Singapore 188553
Tel: 6725 9988
2. How can I realise surplus from auctions?
Pawners who are entitled to the surplus realised from the auctions will be informed by the pawnbrokers to collect the surplus from the respective pawnshops within four months of the date of the auction.