How new fairs can shape Asia’s evolving art market

ART SG, which debuted at Singapore's Marina Bay Sands expo and convention center in January 2023, attracted 43,000 visitors to the Southeast Asian city-state. The art fair will return for its sophomore edition this month, running from Jan. 18 to 21. Courtesy of ART SG

In January 2023, ART SG became the latest addition to the rapidly expanding art fair calendar in Asia following its debut in Singapore.Billed as Southeast Asia’s largest international art fair, the inaugural edition attracted some 43,000 visitors from the region beyond the city-state, including Indonesia, Malaysia, the Philippines and Thailand, while also being dotted with collectors from China, Korea and Japan. Its sophomore iteration is set to return to the island’s Marina Bay Sands expo and convention center from Jan. 18 to 21, hosting 116 galleries from 33 countries and territories.

Among the participating exhibitors are eight prominent Korean players, including Kukje Gallery, Gana Art and Johyun Gallery, along with blue-chip dealers that have opened outposts in Seoul over the last six years — White Cube, Lehmann Maupin, Thaddaeus Ropac, Whitestone Gallery, Tang Contemporary Art and Peres Projects.The fair will coincide with the citywide cultural celebration known as Singapore Art Week. Its packed event lineup includes the National Gallery Singapore’s blockbuster exhibition “Tropical: Stories from Southeast Asia and Latin America” and artist Ho Tzu Nyen’s first mid-career survey show, co-organized by the Singapore Art Museum and Seoul-based Art Sonje Center.Returning with a more ambitious roster, ART SG aims to establish itself as “a hub fair” that caters not just to its domestic constituency but to those in the wider Southeast Asia region — home to a population of 650 million and many of the world’s fastest- 온라인카지노 growing economies — according to the fair’s co-founder Magnus Renfrew.

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