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Hong Kong vs. Singapore

May 24, 2011 by Marion Maneker

The Financial Times talks to Lorenzo Rudolf, who runs Art Stage Singapore, on the eve of Art HK. Rudolf articulates a very good opposition between ASS and ArtHK. Hong Kong is a gateway to the Chinese market but Singapore is more oriented toward Southeast Asia, a market Rudolf sees as vibrant and appealing:

“Singapore is a small, neutral, multicultural place at the crossroads of China, India and south-east Asia. So there you have the three biggest art scenes, the three biggest art markets and the three fastest-growing economies. Singapore is a wealth management hub and destination for many affluent people from south-east Asia, the Gulf states, Australia and China.” […]

“Singapore has proved quite interesting. There are collectors who are not only interested and professional but are incredibly involved in the international scene. But they are all somewhat hidden. […] Indonesia is quite another picture. “When I was still in Shanghai, I wanted to do some promotional event as I heard that Indonesia had quite an interesting scene with some passionate collectors. One day someone casually said that he had a friend who would be willing to help. I flew down with my wife, thinking, if we could meet 30, 40 people, that would be great. When we arrived at the house of this collector, Deddy Kusuma in Jakarta, he had his entire collection installed and there was a set-up for a TV debate and 700 people turned up.

“Many westerners still think Asia is only China. Those who have had the opportunity of passing through this part of Asia have come back totally surprised. They tell me, ‘China is only the tip of the iceberg.’ The thrill is in the discovery of the new and, sometimes, at greatly affordable prices.”

The Next Stage (Financial Times)

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  • Platforms and Sales at Art Stage SingaporePlatforms and Sales at Art Stage Singapore
  • Art Stage Singapore 2014 Sales ReportArt Stage Singapore 2014 Sales Report
  • Art Stage Singapore Thriving on Competition from Hong KongArt Stage Singapore Thriving on Competition from Hong Kong

Filed Under: Art Fairs Tagged With: Art Stage Singapore, ArtHK

About Marion Maneker

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