Singapore has emerged as a global hub for precious metals storage, attracting investors worldwide with its political stability, strong rule of law, and world-class vault facilities.
This guide provides a detailed comparison of professional bullion storage services available in Singapore.
Why Store Bullion in Singapore?
| Advantage | Details |
|---|
| Political Stability | AAA credit rating, stable government |
| Strong Property Rights | Robust legal protection for assets |
| No Wealth Tax | No tax on bullion holdings |
| Strategic Location | Gateway to Asian markets |
| Banking Hub | World-class financial infrastructure |
| Freeport Facilities | Tax-efficient storage zones |
Professional Storage Providers
BullionStar
| Feature | Details |
|---|
| Location | 45 New Bridge Road, Singapore |
| Storage Type | Allocated, segregated |
| Insurance | Fully insured (included) |
| Minimum | No minimum requirement |
| Access | By appointment |
| Website | bullionstar.com |
- Integrated with trading platform
- Competitive storage rates
- Physical showroom access
- Strong reputation since 2012
- Transparent fee structure
Silver Bullion (The Safe House)
| Feature | Details |
|---|
| Location | Changi, Singapore |
| Storage Type | Allocated, fully segregated |
| Insurance | Lloyd's of London coverage |
| Minimum | No minimum |
| Access | By appointment |
| Special Features | Testing services available |
- Purpose-built vault facility
- Independent storage from dealer
- Comprehensive testing services
- Strong focus on security
Le Freeport Singapore
| Feature | Details |
|---|
| Location | Singapore FreePort, Changi |
| Storage Type | Private suites available |
| Insurance | Custom arrangements |
| Minimum | Higher value clients |
| Access | 24/7 for suite holders |
| Special Features | Art and collectibles storage |
- Ultra-high security facility
- Tax-exempt zone benefits
- Privacy-focused
- Multi-asset storage
Malca-Amit
| Feature | Details |
|---|
| Location | Changi Airport area |
| Storage Type | Allocated storage |
| Insurance | Comprehensive coverage |
| Minimum | Varies |
| Access | Business hours |
| Special Features | Global vault network |
- International vault network
- Logistics expertise
- Corporate-focused services
- Global transfer capabilities
Storage Fees Comparison
| Provider | Small Holdings | Medium Holdings | Large Holdings |
|---|
| BullionStar | 0.49%/year | 0.39%/year | Negotiable |
| Silver Bullion | 0.50%/year | 0.40%/year | 0.30%/year |
| Le Freeport | Custom | Custom | Custom |
| Malca-Amit | Custom | Custom | Custom |
Allocated vs Unallocated Storage
| Aspect | Allocated | Unallocated |
|---|
| Ownership | Specific bars/coins yours | Claim on pool of metal |
| Serial Numbers | Recorded and tracked | Not applicable |
| Counterparty Risk | Minimal | Higher |
| Cost | Higher fees | Lower fees |
| Bankruptcy Protection | Full protection | May be at risk |
| Recommendation | Preferred | Avoid for long-term |
Always choose allocated storage for precious metals. Your specific bars and coins should be identified by serial number and fully segregated from other clients' holdings.
What to Look For in a Storage Provider
Security Features
| Feature | Importance |
|---|
| 24/7 Surveillance | Essential |
| Armed Guards | Essential |
| Biometric Access | Essential |
| Multiple Security Layers | Essential |
| Vault Certification | Highly Important |
Insurance Coverage
| Coverage Aspect | What to Verify |
|---|
| Coverage Amount | Full replacement value |
| Insurer | Reputable company (Lloyd's, etc.) |
| Coverage Events | Theft, damage, natural disasters |
| Claims Process | Clear and documented |
Operational Features
| Feature | Benefit |
|---|
| Online Portal | Monitor holdings remotely |
| Audit Reports | Independent verification |
| Buy/Sell Integration | Convenient trading |
| Physical Access | View your metals |
| Withdrawal Options | Take physical delivery |
Getting Started
Step-by-Step Process
| Step | Action |
|---|
| 1 | Research providers and compare fees |
| 2 | Open storage account (usually online) |
| 3 | Complete identity verification |
| 4 | Purchase metals or transfer existing |
| 5 | Receive storage confirmation |
| 6 | Monitor via online portal |
Our Recommendation
For most Singapore investors, we recommend BullionStar for their:
- •Competitive storage rates
- •Excellent reputation
- •Integrated trading platform
- •Physical showroom
- •No minimum requirements
- •Transparent operations
Visit BullionStar to learn more about their storage services.