How to Invest in Art and Understand Your “Why”

September 3, 2025

How to Invest in Art: A Step-by-Step Guide

Thinking about how to invest in art can feel a bit daunting at first.


When we talk about art investment, we refer to purchasing artworks with the intention of holding them as appreciating assets.


Unlike stocks or bonds, art investment is not just about the financial potential; it is also about a passion and appreciation for creativity.


Many collectors find joy in surrounding themselves with beautiful pieces, and that is a significant part of the investment.


But here is the thing — the art market is nuanced. Prices do not move as predictably as other investments, and resale can take time.


That said, good pieces often retain or even increase in value over time, especially those by artists with strong reputations or growing recognition.


So, if you are wondering how to invest in art wisely, think long-term and be ready to learn — and enjoy the process.

Step 1: Understand Your “Why”

First things first, ask yourself: why do you want to invest in art?


Are you purely looking for financial returns, or do you also want to enjoy the aesthetic pleasure of owning beautiful pieces?


The answer will greatly influence your approach to art investment.


Some people are purely collectors, while others see art as a strategic asset to diversify their portfolio and provide a hedge against inflation.


Ideally, it is a bit of both – a piece you love that also has the potential to appreciate in value.

September 3, 2025
If the 2000s were about growth, the 2010s were about consolidation and cultural confidence. The 2010s were a vibrant and exciting time for Singapore art, characterised by a flourishing of creativity and innovation. This decade saw the rise of a new generation of artists who embraced diverse mediums and themes, reflecting the complexities of contemporary life.
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Entering the new millennium, Singapore art in the 2000s continued to build on the foundations laid in the 1990s. The "Renaissance City" plan (2000) further advocated for increased funding and development in the arts, aiming to foster even greater creativity and innovation. Most notably, Singapore launched its first Singapore Biennale in 2006, positioning the city-state as a regional hub for contemporary art. This international exhibition brought global artists to Singapore while showcasing local talent on a larger stage.
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The 1990s brought about a wave of globalisation, and Singapore art was no exception, largely driven by significant government initiatives. As the government embraced the idea of a “Renaissance City,” significant investments were made in arts infrastructure. Singapore aimed to become a "Global City for the Arts." Following the 1985 economic recession, there was a recognition of the arts' value in national development. This led to the 1989 Report of the Advisory Council on Culture and the Arts (ACCA), which profoundly shaped cultural policy for the decade. The result? The establishment of the National Arts Council (NAC) in 1991 to spearhead cultural development and funding, a substantial increase in public funding for the arts, and the conceptualisation of major art infrastructure like the Esplanade – Theatres on the Bay. This decade saw the professionalisation of the local theatre scene and a surge in homegrown dramatic texts.
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The 1980s marked a shift toward institution-building and Singapore art in the 1980s became increasingly experimental. You would see artists dismantling the traditional hierarchies of "high" and "low" culture, and performance art started to gain momentum, often engaging audiences in new and collaborative ways. Art was beginning to free itself from purely material forms, resisting commodification, even as efforts were made to archive and document these ephemeral works.
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As Singapore’s economy grew and society modernised, so did its art. The 1970s saw artists pushing beyond the Nanyang Style. It was a decade of experimentation and a growing interest in contemporary art practices. Influenced by modernism, they began exploring abstraction, conceptual art, and new materials. The 1970s also witnessed the rise of performance art, with artists using their bodies as a medium to express social and political commentary. The focus also broadened from simply depicting the local to engaging with more critical political and cultural issues. You would find artists asking questions about what defined art itself and the circumstances of its creation. While formalism was still a keen focus for many (think about artists exploring the arrangement of colours and shapes, often influenced by international abstract movements), individual artists also ventured into more personal and symbolic expressions, particularly in Chinese ink painting. This was a time of dynamic shifts, setting the groundwork for more avant-garde explorations.
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The 1960s was a defining decade for Singapore, not just politically (with independence declared in 1965), but also artistically. Naturally, Singapore art in the 1960s reflected this journey of self-discovery and nation-building. This was the era of the Nanyang Style, a unique visual language created by Chinese immigrant artists trained in both Western and Eastern techniques, which emphasised the use of local subjects and vibrant colours, reflecting the region’s tropical landscape. You would see works that celebrated Singapore's multicultural ethos, blending Chinese, Malay, and Indian cultural elements with Western techniques. Institutions like the Raffles Library and Museum (precursor to our modern museums) played a crucial role, hosting exhibitions and facilitating cross-cultural exchanges, nurturing a generation of artists inspired by both their heritage and newfound Western influences. During this time, the establishment of the Singapore Art Society in 1945 and the formation of the Nanyang Academy of Fine Arts (NAFA) in 1938 played crucial roles in nurturing local talent.
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