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Tatler Hong Kong (Digital)

Tatler Hong Kong (Digital)

1 Issue, November 2022

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New Wave

Before Art SG makes its long‑awaited debut in Singapore next January, co‑founder Magnus Renfrew and fair director Shuyin Yang share why it makes sense for Southeast Asia to have an international art fair to call its own
New Wave
The global art market made a strong recovery in 2021, with sales of art and antiques reaching an estimated US$65.1 billion—an increase of 29 per cent from 2020—according to the Art Basel and UBS Global Art Market Report 2022. High‑net‑worth collectors also bought more art and antiques in 2021 than they did in the previous year, as indicated in a UBS Investor Watch and Arts Economics survey. This is good news for the organisers of Art SG, a new contemporary art fair set to take place in Singapore from January 12 to 15, 2023 (with the VIP preview on January 11) at Sands Expo & Convention Centre at Marina Bay Sands. Since it was first announced in 2018, the fair has encountered stumbling blocks, including several postponements, but is now back…
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Tatler Hong Kong (Digital) - 1 Issue, November 2022

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