Skip to content

Quick Guide: Understanding Heng Seng Pawnshop Singapore

Have you ever come across Heng Seng Pawnshop? It stands as a reputable and legitimate pawnbroker in Singapore. Discover the reasons behind its enduring presence in the country’s pawnbroking landscape.

Are you facing a financial shortfall?

Are you considering a personal loan but concerned about your credit history?

Refrain from denying yourself the necessary funds.

You can obtain immediate cash without worrying about credit assessments, especially if you pawn valuable gold jewellery or a luxurious timepiece.

Heng Seng is among the most reliable pawnshops. You can use your precious items as collateral to secure the instant cash loan you require.

However, that’s different from the extent of their services. The company also deals in buying gold and diamonds. Gain a deeper understanding of what Heng Seng Pawnshop Singapore offers as you continue reading.

Table of Content

Heng Seng Company

What Does Heng Seng Pawnshop Company Pte Ltd Do?

How Heng Seng Pawnshop Works?

What is the Process of Online Valuation in Heng Seng?

How to Process Heng Seng Online Renewal for Pawn Ticket?

Where to Find Heng Seng Pawnshop?

Frequently Asked Questions



Heng Seng Company

Heng Seng, a stalwart in the industry, boasts over five decades of operational history, having been officially registered with ACRA since its inception on November 22, 1971.

The pawnshop takes pride in its dedicated and experienced workforce, committed to delivering trustworthy and dependable pawnbroking services to needy individuals. Notably, it operates as a private entity without being publicly listed, and no records indicate any initial public offering (IPO) filing.

Furthermore, Heng Seng has maintained a clean legal record, not being involved in any litigation, as confirmed by the public records of the Supreme Court of Singapore. It underscores the company’s alignment with its Mission and Vision, showcasing its commitment to ethical practices.

Heng Seng firmly upholds principles of fairness and honesty in its operations, believing that customer satisfaction is the key to sustained success. Additionally, the company seeks to remain competitive within the trading systems, ensuring its continued relevance and excellence.

What Does Heng Seng Pawnshop Company Pte Ltd Do?

With a better understanding of Heng Seng Pawnshop, you can now see how the company can meet your financial needs. Here are your top choices.


heng seng luxury timepieces

Collateral-based Short-term Loans

Heng Seng Pawnshop runs loans for a 6-month tenure. The secured loan type requires you to pawn your valuable possession. 

Pawning with Heng Seng accepts the following pledge. 

Gold Jewellery. Heng Seng pawn shop accepts various gold grades. You can bring your necklace or bracelet if it falls under 18K, 22K, or 24K gold. After checking, you can head directly to Heng Seng Pawnshop for a quick source of funds. 

Branded Timepiece. Another pledge you can use as collateral is a luxury watch. Heng Seng accepts specific brands of timepieces like Rolex, Omega, Patek Phillpe, and more.

Online Valuation

The latest addition to Heng Seng’s service is its online valuation. You can get an estimated value of your precious gold, jewellery, and branded watches through their official website. It is accessible and free. This way, you have an idea beforehand how much is the value of your prized possession. 

Buy and Sell

Heng Seng assists you in selling your valuables without questions. It provides consignment services that permit them to sell goods on customers’ behalf. 

Branded timepieces and gold jewellery are excellent investments. Even if it falls under the second hand category, you can find buyers willing to bid for it. 

Moreover, Heng Seng allows you to browse and purchase pre-owned pieces at a discounted price. It ensures that all the transactions made are safe and secure. Plus, it assures you that every item is available on their official website and is legit and professionally appraised. 

Heng Seng Pawn Shop offers trading, bartering, swapping, or laybys quality secondhand goods. You can have financial service options based on what you need.

How Heng Seng Pawnshop Works?

Heng Seng Company is a professional and hassle-free pawnbroker. Its services offer customers like you quick and hassle-free cash who prefer to pawn valuables.


heng seng gold

Heng Seng Pawnshop takes pride in conducting an honest and fair business bonded by the Pawnbrokers Association of Singapore. 

This is how it works. 

Step 1. Online Valuation. Set your expectations about the estimated value of your article by having an online valuation first. 

Step 2. Bring your valuable. Submit the valuable item you applied for in e-Valuation at Heng Seng Pawnshop at Toa Payoh. A professional appraiser will check the quality and intricate details of your article. Also, they will cross-match every detail from the online valuation. 

Step 3. Present your identification. Your identity card, NRIC or passport, are vital documents for the pawning process. Make sure to bring them along to validate your identity. 

Step 4. Receive quick cash and pawn ticket. The expert valuer will present you with the offer. If you agree with them, you will get your money from the pawned item. Secure your pawn ticket is a safekeeping to avoid incurring other fees. 

Step 5. Repayment is a must. Pay off your quick online loan on time to claim your precious jewellery. Or else you will lose your valuable to Heng Seng. 

Pawnbroking with Heng Seng is straightforward. You can have the badly needed funding promptly.

What is the Process of Online Valuation in Heng Seng?

If you plan to pawn your precious jewellery, you can start with the online valuation process. It saves you the trip of coming down to the store. Follow these steps to receive the best price for your pledge.


Heng seng jewellery

Step 1. Identify your account.  

Choose if you are a New User or have an Existing Account. 

You must enter your NRIC/Fin and Password if you are the latter. Then, click Generate OTP. Once you receive your OTP, you can log in to your account. 

But if you are a first-timer, click New User

Step 2. Select category. 

Choose which item you plan to pawn. Is it gold, jewellery, or luxury watches?

Step 3. Provide item details. 

Based on your chosen pledge, enter all the vital information. 

For jewellery, identify its type. Is it a bracelet, bangle, earrings, necklace, pendant, or ring? Then, pick its settings. Does it have diamond, jade, stone, or others? Afterwards, choose its material type. Is it gold, white gold, or platinum? Most importantly, input the jewellery’s weight and other additional descriptions. 

For luxury timepieces, identify the brand. Is it, Audemars Piguet, Bvlgari, Cartier, Chopard, Frank Muller, Hublot, IWC, Jaeger-LeCoultre, Longines, Omega, Oris, Panerai, Patek Phillipe, Piaget, Rado, Richard Mille, Rolex, Tag Heuer, Tudor, or Vacheron Constantin? Then, click the model and input the production year. Afterwards, select the number of years for service maintenance. Most importantly, indicate the bracelet material. Is it stainless steel, titanium, gold, rubber, resin, silicone, or leather? Don’t forget to specify additional details. 

For gold items, identify their purity. Is it 24K, 23K, 22K, 20K, 18K, 14K, or 9K? Then, input the weight in grams and other additional information. 

Don’t forget to tick the boxes for the inclusive items. It includes information like Authencity Card, Original Box, Purchased Receipt, and Diamond Certificate. 

Once you have provided these essential details, upload clear photos. Make sure to have front view, left view, right view, back view, and other vital documents. This way, you will receive a better valuation for your valuables. 

Step 4. Input your personal contact information. 

Ensure to provide your NRIC/FIN, full name (as it is in your NRIC), gender, race, birthdate, nationality, residential address, contact number, and email. Then, click Generate OTP to proceed. 

Step 5. Review and confirm. 

Before officially submitting your online valuation, double-check every detail you provided. This way, you’ll have the most accurate value for your pledge. 

However, be reminded that this is only an estimate. Once you bring your valuables, Heng Seng expert valuers will still assess the item’s condition.

How to Process Heng Seng Online Renewal for Pawn Ticket?

Do you still need time to recuperate for your unexpected expenses? You can renew your pawn ticket without taking a day off from work online. 


Heng seng pawnshop ticket

Here’s what you should do. 

Step 1. Ensure you are registered to Heng Seng Pawnshop System. 

Online Renewal only works if your Registered NRIC / Work Permit / Passport Number and mobile number reflect on the system. You can contact the shop and confirm with the staff if you have doubts. 

Step 2. Login to your Heng Seng account. 

Input your NRIC or Passport Number or Work Permit. Then, enter your password. 

Step 3. Wait for your One-Time Password. 

Your registered mobile number will receive the OTP. Enter it first before you can click Login. 

Step 4. Choose the Renewing Tickets. 

Once you’re in, you can see various options in your account. You can:

  • View all existing pawn tickets except for lapsed pawn tickets. 
  • View your Profile but not edit. 
  • Renewal of existing pawn tickets
  • Payment through PayPal and NetsQR. 

Step 5. Follow the prompts. 

Enter all the necessary information to renew your pawn ticket successfully.

Where to Find Heng Seng Pawnshop Singapore?

Seng Heng PawnShop Singapore has only one branch. When you visit the place, ensure you can maximise all their services. 


Heng seng pawn shop in Singapore

Heng Seng Pawnshop Co Pte Ltd

Heng Seng Address

520, Lorong 6 Toa Payoh, #01-59, HDB Hub, Singapore, 310520 (Above Toa Payoh MRT Station at Exit C)

Heng Seng Contact Number


Heng Seng Pawnshop Website 

Heng Seng Pawnshop Opening Hours

Monday–Friday: 8:30 am to 8 pm

Saturday: 8:30 am to 6 pm

Sunday: 11 am to 5 pm

Heng Seng Pawn Shop is closed during public holidays. 

Pawning with Heng Seng is relatively fast and easy, especially if you have a luxury item to pawn. But what if you have none? How can you face your financial dilemma? 

Licensed money lenders in Singapore is a known source of fast cash loan. You can borrow money even if you lack a prized possession. Cash Mart is an excellent example. You can apply for a low-interest personal loan even with poor credit records.

Frequently Asked Questions

What sector does Heng Seng Pawnshop belong to?

The company primarily operates in the Pawnbrokerage sector. 

What are the acceptable modes of payment in Heng Seng Pawn Shop?

You can transact with Heng Seng through MasterCard, Visa, Bank Card, or Eftpos, whichever is convenient.