News @ AsiaOne

'Dragon fish' pricey but popular

Sales of the arowana, or dragon fish, are increasing during this festive season. -AsiaOne

Wed, Jan 18, 2012

Sales of the arowana, or dragon fish, are increasing during this festive season.

Kenny Yap, executive chairman of ornamental fish firm Qian Hu Corp, told The Straits Times that sales of the arowana started rising even before Christmas. He expects a 20 per cent increase during the Chinese New Year period.

This is because Chinese customers see these fish as symbols of good luck, wealth, prosperity, strength and power, Mr Yap said. Their resemblance to the dragon also makes them popular during the Year of aDragon.

Moreover, these fish are unlikely to be dumped as they are pricey, costing between $300 and $700 each. Owners also have to purchase a tank and other equipment.

Another reason for owners hanging on to their fish is that the value of fish increases the longer they are kept, Mr Yap told the English daily.

Experts who The Straits Times spoke to said high-quality arowana prized by collectors cost from $1000 onwards. They can cost more than $10,000 if they are rare or have won prizes.

Another animal which is considered auspicious this year is the chinchilla, or known as 'dragon cat' in Mandarin.

However, The Straits Times reported that sales of these creature have been average so far, with one of Singapore's biggest distributors House of Chinchilla selling about four a month.

Each chinchilla cost between $700 and $3,000 each.

According to the English daily, the Society for the Prevention of Cruelty to Animals (SPCA) has urged people not to buy chinchillas this festive season.

SPCA executive director Corinne Fong said this is a trend and the animals may be surrendered to the SPCA at the year's end.

Copyright ©2011 Singapore Press Holdings Ltd. Co. Regn. No. 198402868E. All rights reserved.
Privacy Statement Conditions of Access Advertise