February 9, 2022 External News 0

SVC offers a unique opportunity for whisky lovers

We were recently featured in a print article in Millionaireasia magazine. You can read the full article on their website here.

“Wealthy investors are often advised to diversify their portfolios towards alternative investments to spread their risks. This could be something they have passion for such as paintings, antiques and fine wines. And whisky is now becoming a popular investment given its strong fundamentals and rising values. While the temptation to drink a vintage bottle of whisky might be high, so too could the returns be if you hold onto it instead.

Collectible whiskies are those whose value is expected to rise over time, and based on two factors: rarity and quality. Many of the world’s most sought-after bottles are those from shut-down distilleries who make annual releases from their dwindling supplies. The most valuable collections range into the tens of millions, with the most in-demand stocks being predominantly Scotch and Japanese whiskies. In 2019, a single bottle of Scotch shattered the record for most expensive wine or spirit ever sold at auction. The Macallan Fine and Rare 60-Year-Old fetched a staggering US$1.9 million.”

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