Sotheby’s is planning to hold a live auction in Singapore for the first time in 15 years as part of a string of new moves in Asia. The efforts are designed to capitalize on the staggering growth of local collectors and to diversify its activities beyond Hong Kong and mainland China as the region becomes increasingly fragmented. Showcasing a tightly curated selection of works by Southeast Asian masters alongside established and emerging artists from around the world.
The variety of works encompasses the myriad styles that reflect the cosmopolitan nature of Singaporean society, a harmony of diverse aesthetic approaches and influences.Sotheby’s modern and contemporary art sale in Singapore will take place on August 28 at the Regent Hotel following a preview exhibition from August 25 to 27.
Sotheby’s is making other moves in Asia, too. A four-day exhibition of Vietnamese modern art in Ho Chi Minh City this month attracted more than 4,000 visitors. The auction house also relocated its Tokyo space earlier this year, named Jean Qian as its managing director in China, and is planning a show at China International Import Expo in November.