The MCH Group, which owns the Art Basel franchise of art fairs in Basel, Hong Kong, and Miami Beach, will expand its presence in southeast Asia with a new fair set to launch in Singapore in November 2019. Dubbed ART SG, the new fair is a partnership between the Switzerland-based MCH, fair organizer Sandy Angus of AngusMontgomery Arts, and artist and event organizer Tim Etchells.
Angus and Etchells previously worked together to launch Art HK in 2008, which was so successful that Art Basel eventually bought it in 2011, renaming it Art Basel in Hong Kong
for the inaugural 2012 edition. ART SG marks the latest addition to MCH’s regional art fair portfolio
, which also includes Art Düsseldorf
and the India Art Fair
ART SG is the latest art fair to take aim at Asia’s rapidly expanding wealth and appetite for contemporary art. According to a 2017 Credit Suisse report, Singaporeans ranked
ninth in the world in terms of median wealth, and the city-state’s population
of 5.6 million includes nearly one thousand ultra high net worth individuals. Organizers Etchells and Angus emphasized Singapore’s growing art infrastructure and central location in a joint statement: