Sectors
Sectors We Advise On
Each sector carries its own costs and regulations. Damark Group brings specialist knowledge to every acquisition.
Brokerage purchases and new-build contracts carry different risks, and Damark Group handles both for motor and sailing yachts.
What We Advise On
- Pre-purchase survey and sea trial
- Flag selection with maritime counsel
- Berth sourcing in Singapore and the wider region
- Build contract terms and yard supervision for new builds
Demand for berths at the marina has led to waiting lists. We start berth planning while the search is still under way.
Choosing between full and fractional ownership is often the first decision facing a buyer of a business jet. Damark Group advises on both routes, for new and pre-owned aircraft.
Key Decisions
- Aircraft selection, matching range and cabin size to the routes you fly
- Pre-purchase inspection and records review at an approved maintenance facility
- Appointment of a management company for crew and maintenance
- The right Singapore gateway for the aircraft
Seletar Airport is Singapore's dedicated business aviation airport, and private passengers complete immigration at the Seletar Business Aviation Centre. Larger and ultra-long-range aircraft generally operate through the Changi Business Aviation Centre. Around 30 aerospace companies run maintenance operations at Seletar, including Bombardier and Jet Aviation.
Singapore applies distinct rules and duties to foreign buyers of residential property. Our work covers acquisitions here and in selected overseas markets, alongside CEA-licensed agencies on every Singapore transaction.
Singapore Rules for Foreign Buyers
Foreign buyers pay Additional Buyer's Stamp Duty of 60% on any residential purchase, on top of Buyer's Stamp Duty. Nationals of the US, Switzerland, Norway, Iceland and Liechtenstein pay ABSD at Singapore Citizen rates, provided the remission is claimed at stamping.
Condominiums are open to foreign buyers without prior approval. Landed homes require approval from the Land Dealings Approval Unit, a process that generally takes about 30 working days. Sentosa Cove is the one area where foreign buyers are generally approved, subject to a land area cap of 1,800 sq m and owner-occupation.
Damark Group acquires collector cars at auction and by private treaty, in Singapore and abroad.
| Standard Registration | Classic Vehicle Scheme | |
|---|---|---|
| Eligibility | Any car | At least 35 years from original registration |
| Certificate of Entitlement | Category B closed at S$130,100 in October 2026 | 10% of the prevailing quota premium |
| Road use | Unrestricted | Up to 45 days per calendar year |
| Change of ownership | Unrestricted | Not permitted for five years after registration |
| Road tax | Based on engine capacity | S$280 per year |
Provenance underpins the value of fine art and collectible watches, whether a piece is bought at auction or privately. Our remit also extends to fine wine.
What We Advise On
- Provenance and title research
- Condition reports from independent conservators
- Bidding representation at auction
- Shipping and insurance from the point of sale
Hong Kong is Asia's principal auction centre. Christie's, Sotheby's, Phillips and Bonhams have all opened new flagship premises in the city since 2023, and Damark Group represents clients at sales held there.
Many acquisitions begin with first-hand experience of a destination.
What We Arrange
- Charter itineraries through Indonesia’s Raiu Islands and along the Malaysian coast
- Private jet charters for regional travel
- Stays in destinations where a client is considering a property purchase
- Event access in Singapore and Overseas
Discuss an Acquisition
Tell us the asset and the timeframe you have in mind.
Request a Private Consultation