News & Views

Going, going, gone … at auction

8 October 2018

Sotheby’s recently sold a framed image of a girl reaching out for a red, heart-shaped balloon for $1.4 million. Then moments later a shredder hidden inside the “artist’s frame” started up and the art “self-destructed …”

“As-is” with absolutely no inspection opportunity

8 October 2018

Today we explore an idea … let’s say we auctioneers start selling property “as-is” (caveat emptor) with absolutely no preview opportunities and worse yet conceal material facts.

Of course, caveat emptor is the principle that the buyer alone is responsible for checking the quality and suitability of goods before a purchase is made. So, with no preview opportunity how does he do that?

Shah Alam Biennale

4 October 2018

The Shah Alam Biennale is an event organised by Tapak Gallery that runs from Oct 6 to 10 2018. Centered around the capital of Selangor, the event will include participants from 15 countries across Europe and Asia. The 'biennale' will be held at various venues where workshops and forums will be conducted.

Participating countries are America, Brunei, Canada, China, Columbia, Czech Republic, Germany, Italy, Indonesia, Japan, Kazakhstan, Norway, Pakistan, Singapore and Vietnam.

Tracking the Southeast Asian art market

26 September 2018

In the foreword of the book, The Edge Media Group Publisher and CEO Ho Kay Tat points out that the idea for this publication came from the group chairman Datuk Tong Kooi Ong, who suggested that some form of price benchmarks for Southeast Asian art should be available for collectors could refer to.

“The concept was for a listing that we are happy with and which we could publish and stand by,” says Tong.

The list of records would become a reference, thereby making the local art industry more transparent.

Asking/requiring a bidder to leave the auction

26 September 2018

A bidder is jawing, talking about other auctions to distract bidders or is otherwise causing a commotion at your auction? Can you ask/require this bidder to leave? The answer is, “yes, you can.”

Largest ever work by Zao Wou-Ki leads Sotheby’s Autumn Sales

25 September 2018

Zao Wou-Ki's “largest-ever [work]” will highlight Sotheby’s Modern Art Evening sale on Sept 30 2018 in Hong Kong. Measuring 10 metres long and 2.8 metres in height, this monumental and exceedingly rare triptych was commissioned personally by celebrated architect I. M. Pei for Raffles City in Singapore. Titled, Juin-Octobre 1985, it is expected to fetch in excess of HK$350 million ($45 million), a world auction record for the Zao Wou-Ki,” quotes a text on Sotheby’s website.

The Birth of a Masterpiece

Feeling the heat

19 September 2018

It may not be a popular stance with politicians and investors but senior artist Fauzan Omar’s enduring concern about the adverse impact of large-scale clearing of our rainforests – lately, for planting Musang King durian trees – has culminated in a show of protest with his solo, Bracing the Heat.


Looking at senior artist Fazuan Omar’s career spanning more than three decades, it is evident that he loves to paint nature.  

Phillips' inaugural sale of 20th century art

14 September 2018

Phillips Auctioneers’ inaugural Day Sale of 20th Century & Contemporary Art and Design takes place in Hong Kong on Nov 26 2018 at the Mandarin Oriental.

A press release from Phillips touts the auction as featuring some 100 items comprised of editions, photography, and Danish and Italian design pieces.

Young Talent Programme 2018

7 September 2018

The Young Talent Programme 2018 is organised by the Affordable Art Fair Singapore.


The programme sees the fair collaborating with ION Art gallery and Hotel Jen.


Southeast Asian artists aged between 18 to 35 without gallery representation are encouraged to apply.


Eight artists will be selected to exhibit at the Affordable Art Fair Singapore from Nov 16-18 at the F1 Pit Building.


The opportunity to bid a certain amount?

6 September 2018

Fairness … equity … reasonableness … talk about those concepts and you’ve got my attention. Let’s say an auction bidder has submitted a “maximum bid” to be executed in a live auction of $750. Does this offer-of-sorts (collateral offer)guarantee this bidder the opportunity to bid exactly $750 if necessary?