New Age Wine Investment in Singapore
Curious about wine investment in Singapore, I asked some of my friends on what they think about wine investments. One friend told me that I should have done that three years ago, when they were first introduced in Singapore, since prices were lower then. This should that there was room for growth in investing in fine wines.
I also emailed Universal Assets Investments to find out more. I had read about how wine investors should focus on the top Bordeaux red wines and not ship them out of the country in order to prevent sub-standard handling and storing. When the sales rep called me, he told me that his company focused on new age wine from Australia, since the growth potential was even higher. They would bring in wines from Australia, and then let the customer inspect them before storing in a specialty warehouse in Singapore. The wines would be insured. Three years later, I could sell the wines for a profit.
Out of the many hundreds or thousands of wines they brought in, only a small number depreciated in value. It was thus very important to find out more about rating system by famous wine critics.
One important aspect to me is the amount of money required for investment. The sales rep told me that small time investors usually invested 20-30k to have a good portfolio of wines. Other investors with deeper pockets started in the range of 100k and more. However, he said he could look into coming up a portfolio for 10k.
One of the investors interviewed in a newspaper was Irene Ang, a local businesswoman and celebrity. She started investing quite some time back and was already reaping the benefits.
The interesting thing about wine investment is if they ever fail to work out, the investor could just open up the wines and drink them up. When I’m free, I will go down to the office to try out some of the wines and seriously consider investing in wine.
Sarah Tan- SingaporeProfit.com
Popularity: 47% [?]
KooL, you are another wine lover… Are you planning for wine bar or with F&B too?
Your friends didn’t give you the wrong advise, you should had started it years back. But my personal thinking, it’s stil not too late to start it… Go for it!
Hi Coldie, nope, I’m not planning to open a wine bar or F&B outlet. I’m just planning to buy the wine solely for investment purpose. I’ll buy the wine in bulk and hope that a few years later they would have appreciated in price.
I am an investor in fine wine from Australia for more than 3 years. I had invested in more than 35k. Since then, I had not sell a single bottle of wine as it all depend on my wine investment house to sell it thru auction. I am still waiitng. They had told me to hold on for another year and they will pay the storage fee for me for free since some of my wine had already exceed the 3 years storage and need to pay for the storage fee again.
Hi Funinvest: Do you think the wine investment house is not selling because the wines are not making good returns yet or they don’t think they can get good buyers for the wine?
So, in your opinion, will you still invest in this if you had a choice?
Hi Funinvest, care to share which company you invested with?
profiters.com
ok. Now we have profiters international inaddition to AWI,AWM and UAG
I guess tats the problem with new age wines. They are not that easy to find buyers. No matter how much growth potential, it’s useless if you can’t sell them away and you will be stuck for many years with the wines.
Yes, I agree. Just found out that many investors are stuck due to lack of buyers.
Whether its struck or not, depend much on what your broker can do. some establish company may have overlook on this point which allow other new growth investment firm to overtake them.
hidee, u have wine in profiters as well? i only started a portfolio with them recently and what i know from one of the broker there is their company is set up just this year 2007.
hidee? are u a broker from some trading firm too?
i just invested on some 2006 en primeur with Profiters International. i did ask for the company profile in ROC document and Insurance Document that i promptly recieved in pdf file thru my mail as i pointed out that they can’t trade off investor wine after 3yrs. i was shock by your comment as i found out that profiters was only less than 1yr old and got a telling off by the broker there? i was so so embarass. is profiters posting a thread to your company?
thanks for your info!!! which made me a fool!!!
i think most imptly is to do proper homework first before entering into any form of investments including wines. looking at the previous posts.. its not important on how long the company operates but rather is your broker doing the job for u.. service still very much counts in this trade.. be it en primeur or aussie wines, please do your homework on the wines your brokers are recommending and at the same time, get him to update you regularly!! in any investments, there are bound to have good and bad investments, likewise, honest and rogue brokers.. for unsold wine in storage, clients could get any brokerage house to sell them off.. you need not go back to the same broker or firm..
hidee dont keep quiet and stare at the comments. bullshit birdhead
ya.. sorry. I invested in another company. and i only have 3k. Im bullshitting and im not birdhead. Im a dickhead.
Hi! I’ve invested in a number of wines myself. I feel the beauty of wine investment is the transparency when it comes to understanding the pontential of such an investment. Unlike anything else out there, its rather direct. One thing to watch out for are of course brokers. Make sure you get one that is able to give you best advise instead of salesmen who are driven only by making commision from the deal ( i know they may be hard to find but they do exsist). I was lucky enough to come across a guide that was quite helpful too. You may find it at www.asiafinewineinvestment.com A unbias look into wine investment.
Hi all, please be civil when you leave comments here. Thanks.
Hi all,
Firstly i’m a wine investment consultant.
Secondly, i feel that wines from different regions are worthy investments but make sure you do your homework. During interactions with clients, i find there are misconceptions impressed upon them. Wine consultants have more intimate knowledge than the avg investor so can provide better advice. Therefore, discernment is key.
Lastly, no doubt wine investment is attractive but please invest carefully.
[…] Wine investment is a popular topic that people search to come to my website. While views on whether to purchase Australian wines as investment are divided, there are a large number of people who drink Australian wine. There are a number of Australian wine clubs in the world, and any wine bottle that bears the insignia of an Australian wine club means that it is top quality wine. Only first class wines are permitted to carry the sign. […]
Hi, I have invested in Australian wine. They are kept in Cougar. Any of you invested in this too? Any of you manage to trade your Australian wine collection?
www.asiafinewineinvestment.com
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I had invested over 10k in aussie wines with uag for more than 2yrs and now when I want to sell it, they are having a hard time to find buyers, this has dragged on for more than 2mths. When they send semi-annual report, they state there that my wine has appreciated 15-18% afte 2yrs but I’m not even sure where they get the info from because they cannot even sell it for that price.
Be careful out there!
to frustrate_wine..
2yrs? u think its enough? i invested on my wines for 3-5 years than i see the returns.. as for yourself that’s too fast you have to be patient good things dont came fast bro.. I believe u you want to see BIG BUCKS its best to leave it up to them. I Believe UAG wont run away la, they have such great repu in Asia.
If you are not risk taker than at the first place you shouldn’t have invest.. Think positively not stupid.
Stay with 1st Growth labels from Bordeaux and invest only in exceptional good vintages. Also, there are too many so call “wine inevestment” firm out there that are more than eager to sell you all sorts of crabby “investment wine” but they fall short of delivering what they promise when it comes to selling it.
Stay away from Aussie wines. They are great wines to drink, collect and own but from an investkment perspective, forget it. Look up Christie’s and Sotheby’s auction website and you will notice they hardly ever auction new world wines. Most of it are old world wines.
The one single most important thing to consider when invetsing in fine wine is how much can you sell your wine for and how long does it take for the selling process to complete. There’s no use if you have paper gains of 1000% but you cannot find a buyer.
Remember, you are investing for a profit. If you want to drink, go buy the wines from a wine merchant. They have plenty of good wines for sale at very affordable price.
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Hi wine lovers, I guess many of you have more to share regarding this topic than I do. If you have sold your Australian wine, what sort of returns do you get?
Australine wines are fabulous wines to drink as they are really affordable and easy onthe palate, especially for new comers.
But as an investment, forget it. Only a few French and Italian labels are worthy as an investment.
hi, do you guys think that higher points = higher profits? while these wines might have the potential, does it necessary mean they’ll fetch higher price? I’ve been approached by profiters.com to invest in 3 crates of Australian wines (2 different types, 94 & 96 points respectively).
in general, should people even invest in Australian wines (no matter how many points they’re awarded)? thanks!
Any of you - wine investors in Singapore - interested to give some comments in my publication to talk about your gains and losses and methods of investing in wines? I am a section editor of an investment weekly based in Singapore. I am keen to hear what you guys have to say about wine investing, which has really picked up over the past three years with locals here.
Just to share; I bought my first case of 2004 Latour back in 05 at $300 per bottle via enprimeur. Sold it last year at $750 and took the proceeds to buy into Mouton 06 en primeur. Prices of my 2 cases of Pavie 05 and 2 mixed cases of “best of bordeaux 05″ have also doubled or tripled. But i am holding them for long-term.
Those interested in sharing their experiences, do email me at kelvin.tan@bizedge.com
Cheers!
Hi Kelvin, may i know which company did u bought ur en primeur from?
Hi.. only recently heard abt fine wine investments.
Anyone knows the reputable companies dealing with Bordeaux and keep their wines in Bordeaux?
So far, only see EWI.
Any comments?
I invested into aussie wine last year. As I have some urgent need fo cash, wanted to sell out and realise it is very illiquid..Broker also told me must hold for few years can then see value. I told him I dun mind selling at cost or even lower..He mentioned he will try and since then, been getting to get hold of him, even calling him on his handphone..
i’m looking for buyers now for all my premium french wines.may i know how can i sell it off as soon as possible.I have a big selection of old vintage bordeaux and some La tache here.i would like to sell it off below retail price.anybody interested pls contact me thru stephen.trang@yahoo.com.
Hi all,
So far, there are some firms that provides wines as investments. Can anyone share their experiences?
1. Premium Liquid Assets (1st Growth French Wines)
2. Equity Wine Investments (Selected Good Vintage French Wines)
3. Australia Wine Index (Australian Wines)
4. Profiters International
5. Asset Wine Management
6. Prestige Wine Pte Ltd (French Wines)
7. Crystal Wines (Wine Merchant)
8. Corndale Consultants (Wine Merchant)
9. Hock Tong Bee (Wine Merchant)
10. Univeral Assets Group (French and Australian Wines)
Any others that I miss?
Hi, I received a call told me I got a free ticket and accomodation to Thailand. The girl told me I can collect it after I join their “Live preview”. I went there, they told me about the wine investment.
The company’s name is ProjectMedia.
I am glad I didn’t join the wine investment immediately…after read your comment. Yup, we gotta invest carefully…
Hope this help. Opps ya, after their “live preview” they told me they have given up all their vouchers and they are going to mail it to me. Don’t know whether is true or not. But I learnt new things.