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Straits Times
19-05-2025
- Entertainment
- Straits Times
Kim Lim threatens legal action after fake buyer vanishes with designer bag after live-stream sale
Billionaire heiress Kim Lim sold many of her luxury bags in a sale that has attracted resellers and even fraud. One woman reportedly posed as a buyer to pick up a bag she did not purchase. Jan Lee The Straits Times May 18, 2025 What is a bag from the personal collection of billionaire heiress Kim Lim worth? The risk of arrest, it seems, at least for one person. The 33-year-old daughter of tycoon Peter Lim recently cleared out her designer wardrobe over live stream on Instagram, putting many of her almost-new luxury bags on sale and channelling proceeds to charity. With items from brands such as Chanel and Dior going for prices much lower than retail, the sale attracted more than 15,000 viewers, many eager buyers, and perhaps some fraudulent behaviour too. Lim held two days of live-stream sales on May 13 and 15. On May 17, the account she used to conduct the sale (@kimlimstuff) posted an Instagram Story which said a woman with long curly hair dressed in a blue T-shirt and light-coloured denim jeans had posed as a buyer to pick up a bag at around 7.30pm on May 16. The post did not specify which bag she took off with. It added: "We have obtained (your) appearance from the camera record. Please contact us and return (the bag) immediately. Otherwise, we will take legal action." The Straits Times understands a police report has been lodged. Aside from deception, the sale also attracted some hoping to make a quick buck. At one point in the sale, a buyer snagged the cult-favourite Chanel 22 Chain Hobo Quilted Lambskin with Shearling bag for $6,900, listing it on reselling platform Carousell shortly after for $8,500. The listing said it was from the "Kim Lim collection". Influencer Xiaxue, who co-hosted the live-stream sale with Lim, blasted the move, saying: "At least wait for a while to sell... You haven't even got the bag with you, yet you went to list (it)." Lim later said on Instagram she was disappointed and would refund and block the buyer, warning that successful buyers should not attempt to resell the items or else "karma will hit you". She told magazine Her World that she felt "frustrated" by the resale listings as she had hoped the bags would go to buyers who genuinely wanted the items. She added that the sale was meant to declutter her home. She said in the interview: "I've reached a point where I feel like it just got too much, all my bags have to be cramped together and the Singapore weather also makes it very difficult to maintain their condition. My family has also been pushing me to get rid of my things so… I woke up one day and just decided that it's finally time to sell some of them. "A lot of my friends have been telling me that many people really want such bags, but their budget may be an issue, so I thought, why not share the love?" Some of the deals included a black Dior Saddle Bag, which typically retails at $6,400, going for $2,900. Lim also listed a Chanel Woven Chain Top Handle Vanity Bucket Bag at $4,500, a rare collector's item that she said she was tempted to keep for herself, as well as a Chanel Croissant Mini Black Lambskin bag for $5,200. Buyers who wanted to nab the items had to comment quickly to claim the bag they wanted. The first commenter would get the bag if they sent a WhatsApp message with payment proof within three minutes. Lim also offered every viewer three $100 vouchers for her businesses: Illumia Therapeutics, Papilla by Kim Lim and 198 Space. More than 10,000 people sent messages in the hope of getting the bags and vouchers, temporarily triggering WhatsApp to block the number due to high traffic. Click here to contribute a story or submit it to our WhatsApp Get more of Stomp's latest updates by following us on:

Straits Times
18-05-2025
- Business
- Straits Times
Fake buyer steals billionaire heiress Kim Lim's second-hand luxury bag
Billionaire heiress Kim Lim sold many of her luxury bags in a sale that has attracted resellers and even fraud. One woman reportedly posed as a buyer to pick up a bag she did not purchase. PHOTOS: KIMLIMHL/INSTAGRAM SINGAPORE – What is a bag from the personal collection of billionaire heiress Kim Lim worth? The risk of arrest, it seems, at least for one person. The 33-year-old daughter of tycoon Peter Lim recently cleared out her designer wardrobe over live stream on Instagram, putting many of her almost-new luxury bags on sale and channelling proceeds to charity. With items from brands such as Chanel and Dior going for prices much lower than retail, the sale attracted more than 15,000 viewers, many eager buyers, and perhaps some fraudulent behaviour too. Lim held two days of live-stream sales on May 13 and 15. On May 17, the account she used to conduct the sale (@kimlimstuff) posted an Instagram Story which said a woman with long curly hair dressed in a blue T-shirt and light-coloured denim jeans had posed as a buyer to pick up a bag at around 7.30pm on May 16. The post did not specify which bag she took off with. It added: 'We have obtained (your) appearance from the camera record. Please contact us and return (the bag) immediately. Otherwise, we will take legal action.' Aside from deception, the sale also attracted some hoping to make a quick buck. At one point in the sale, a buyer snagged the cult-favourite Chanel 22 Chain Hobo Quilted Lambskin with Shearling bag for $6,900, listing it on reselling platform Carousell shortly after for $8,500. The listing said it was from the 'Kim Lim collection'. Influencer Xiaxue, who co-hosted the live-stream sale with Lim, blasted the move, saying: 'At least wait for a while to sell... You haven't even got the bag with you, yet you went to list (it).' Lim later said on Instagram she was disappointed and would refund and block the buyer, warning that successful buyers should not attempt to resell the items or else 'karma will hit you'. She told magazine Her World that she felt 'frustrated' by the resale listings as she had hoped the bags would go to buyers who genuinely wanted the items. She added that the sale was meant to declutter her home. She said in the interview : 'I've reached a point where I feel like it just got too much, all my bags have to be cramped together and the Singapore weather also makes it very difficult to maintain their condition. My family has also been pushing me to get rid of my things so… I woke up one day and just decided that it's finally time to sell some of them. 'A lot of my friends have been telling me that many people really want such bags, but their budget may be an issue, so I thought, why not share the love?' Some of the deals included a black Dior Saddle Bag, which typically retails at $6,400, going for $2,900. Lim also listed a Chanel Woven Chain Top Handle Vanity Bucket Bag at $4,500, a rare collector's item that she said she was tempted to keep for herself, as well as a Chanel Croissant Mini Black Lambskin bag for $5,200. Buyers who wanted to nab the items had to act fast by commenting which bag they wanted. The first commenter would get the bag if they sent a WhatsApp message with payment proof within three minutes. Lim also offered every viewer three $100 vouchers for her businesses: Illumia Therapeutics, Papilla by Kim Lim and 198 Space. More than 10,000 people messaged to get bags and vouchers, temporarily triggering WhatsApp to block the number due to high traffic. Join ST's Telegram channel and get the latest breaking news delivered to you.


Straits Times
16-05-2025
- Business
- Straits Times
Heiress Kim Lim draws 16k viewers to her luxury handbag livestream sale, warns resellers: 'Karma will hit you'
Heiress Kim Lim draws 16k viewers to her luxury handbag livestream sale, warns resellers: 'Karma will hit you' Teo Yan Ting TNP May 16, 2025 When billionaire heiress and entrepreneur Kim Lim decided to clear out her designer wardrobe, she didn't just toss a few bags into the donation bin - she turned it into a full-blown social media spectacle. Hosting two back-to-back Instagram live streams on her new account, @kimlimstuff, the 33-year-old daughter of tycoon Peter Lim sold dozens of luxury handbags at jaw-dropping prices - and drew over 16,000 viewers in the process. Her reason? "Decluttering", not profit. "I let go at such good prices and lost a lot of money but if it can make someone else happy, and help me declutter, then okay - declutter." she later wrote on Instagram. Some of the deals were wild: a black Dior Saddle Bag, which typically retails at $6,400, was let go for just $2,900. Others included a Chanel Woven Chain Top Handle Vanity Bucket Bag, a rare collector's item, that Lim said she wanted to keep, and a Chanel Croissant Mini Black Lambskin bag for $5,200. The first stream on May 13 kicked off at 10pm and ran for nearly four hours, peaking at over 12,000 viewers. The second, held past midnight on May 15, drew an even bigger crowd, over 16,000, and ended at 4.15am with nearly 2,000 viewers still watching. Buyers had to act fast. To secure a bag, viewers had to comment quickly and send a WhatsApp message with payment proof within three minutes. And even those who didn't get a bag walked away with something. Lim offered every viewer three $100 vouchers for her businesses: Illumia Therapeutics, Papilla by Kim Lim and 198 Space. More than 10,000 people messaged in, temporarily triggering WhatsApp to block the number due to high traffic. And she wasn't alone in the spotlight. Lim roped in several familiar faces to help host the streams - including content creators Xiaxue, JianHao Tan and Jordus Bingjie. Her stepmother, former actress Cherie Lim, even made a surprise cameo, helping to model some of the handbags. However, the streams weren't without chaos - or controversy. Some viewers complained that hosts were giving priority to friends or popular followers. In response, Kim's team changed the selection process during the second stream, taking repeated bids and screenshots to determine the winner. Still, some weren't satisfied. "End of the day, nobody owes you the right to purchase a Chanel bag lah hor," Xiaxue said. She also called out viewers who were rude to backend staff over voucher claims. "You paid nothing??? Still keep scolding for what ah? Get free vouchers still so rude!" wrote Xiaxue. But perhaps the most explosive moment came when a buyer, who snagged the cult-favorite Chanel 22 Chain Hobo Quilted Lambskin with Shearling bag for $6,900, listed it online shortly after for $8,500. The listing even bragged that it was from the "Kim Lim collection". Kim's team noticed. Xiaxue blasted the move, saying: "At least wait for a while to sell lah… You haven't even got the bag with you, yet you went to list [it]." Lim herself said she was disappointed and would refund and block the buyer, warning that successful buyers should not attempt to resell or else "karma will hit you". Other quirky moments included Lim selling two bags of "air" for $88 as part of a dare, later offering gifts to the buyers as a light-hearted gesture. Despite the drama, Lim remained generous and upbeat. "Thank you for your support - 15K viewers! We have more great deals coming," she wrote on Instagram. Love her or not, Kim Lim might have just become Singapore's next unlikely livestream queen - one luxury bag at a time. Click here to contribute a story or submit it to our WhatsApp Get more of Stomp's latest updates by following us on:


New Paper
16-05-2025
- Entertainment
- New Paper
Billionaire heiress Kim Lim 'declutters' with viral luxury bag sale, sparks drama
When billionaire heiress and entrepreneur Kim Lim decided to clear out her designer wardrobe, she didn't just toss a few bags into the donation bin - she turned it into a full-blown social media spectacle. Hosting two back-to-back Instagram live streams on her new account, @kimlimstuff, the 33-year-old daughter of tycoon Peter Lim sold dozens of luxury handbags at jaw-dropping prices - and drew over 16,000 viewers in the process. Her reason? "Decluttering", not profit. "I let go at such good prices and lost a lot of money but if it can make someone else happy, and help me declutter, then okay - declutter." she later wrote on Instagram. Some of the deals were wild: a black Dior Saddle Bag, which typically retails at $6,400, was let go for just $2,900. Others included a Chanel Woven Chain Top Handle Vanity Bucket Bag, a rare collector's item, that Lim said she wanted to keep, and a Chanel Croissant Mini Black Lambskin bag for $5,200. The first stream on May 13 kicked off at 10pm and ran for nearly four hours, peaking at over 12,000 viewers. The second, held past midnight on May 15, drew an even bigger crowd, over 16,000, and ended at 4.15am with nearly 2,000 viewers still watching. Buyers had to act fast. To secure a bag, viewers had to comment quickly and send a WhatsApp message with payment proof within three minutes. And even those who didn't get a bag walked away with something. Lim offered every viewer three $100 vouchers for her businesses: Illumia Therapeutics, Papilla by Kim Lim and 198 Space. More than 10,000 people messaged in, temporarily triggering WhatsApp to block the number due to high traffic. And she wasn't alone in the spotlight. Lim roped in several familiar faces to help host the streams - including content creators Xiaxue, JianHao Tan and Jordus Bingjie. Her stepmother, former actress Cherie Lim, even made a surprise cameo, helping to model some of the handbags. However, the streams weren't without chaos - or controversy. Some viewers complained that hosts were giving priority to friends or popular followers. In response, Kim's team changed the selection process during the second stream, taking repeated bids and screenshots to determine the winner. Still, some weren't satisfied. "End of the day, nobody owes you the right to purchase a Chanel bag lah hor," Xiaxue said. She also called out viewers who were rude to backend staff over voucher claims. "You paid nothing??? Still keep scolding for what ah? Get free vouchers still so rude!" wrote Xiaxue. But perhaps the most explosive moment came when a buyer, who snagged the cult-favorite Chanel 22 Chain Hobo Quilted Lambskin with Shearling bag for $6,900, listed it online shortly after for $8,500. The listing even bragged that it was from the "Kim Lim collection". Kim's team noticed. Xiaxue blasted the move, saying: "At least wait for a while to sell lah… You haven't even got the bag with you, yet you went to list [it]." Lim herself said she was disappointed and would refund and block the buyer, warning that successful buyers should not attempt to resell or else "karma will hit you". Other quirky moments included Lim selling two bags of "air" for $88 as part of a dare, later offering gifts to the buyers as a light-hearted gesture. Despite the drama, Lim remained generous and upbeat. "Thank you for your support - 15K viewers! We have more great deals coming," she wrote on Instagram. Love her or not, Kim Lim might have just become Singapore's next unlikely livestream queen - one luxury bag at a time.