Challenging Times Ahead for Art Fairs in Asia

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The abrupt cancellation of Art Stage (AS) Singapore a week before its January 25 opening has caused ripples in the region’s art scene.

The fair’s founder-president Lorenzo Rudolf, a Swiss national behind the success of Swiss Art Basel, blamed the canning on “exorbitant prices, a weak local market” and “unequal competition,” lambasting a peripheral fair, SEA Focus, at Gillman Barracks, for “cannibalism” (of its potential clients). Gillman Barracks offered a 35-sqm booth at SG$6,300, compared to AS Singapore charging SG$26,500 per booth, and SG$67,500 for a 90-sqm space.


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