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art sg 2026 sales report 1234771224

ART SG concluded its 2026 edition at Singapore’s Marina Bay Sands with steady sales and a reported attendance of 43,000 visitors. While the fair lacked the million-dollar trophy sales seen in previous years, blue-chip galleries like Thaddaeus Ropac and White Cube reported significant transactions, including a £475,000 Raqib Shaw painting and a sell-out presentation of Lee Bae works by Johyun Gallery totaling $2.76 million. The event also featured a strategic partnership with S.E.A. Focus, integrating the boutique fair into the main hall to highlight regional talent.

‘Christmas came early’: Art Basel Miami Beach opens with avalanche of blue-chip sales

Art Basel Miami Beach opened its 23rd edition with a surge of blue-chip sales, signaling renewed market confidence. Major galleries reported strong early results: David Zwirner sold a Gerhard Richter painting for $5.5m and an Alice Neel for $3.3m; Hauser & Wirth saw sales 40% higher than last year, including a George Condo for nearly $4m and a Louise Bourgeois for $3.2m. Other notable sales included works by Alex Katz, Pablo Picasso, Sam Gilliam, and Robert Rauschenberg, with 283 galleries participating at the Miami Beach Convention Center.

Artist Lee Bae's solo exhibit questions his understanding of art and interrogates his farming roots

South Korean artist Lee Bae has opened a major solo exhibition titled "En attendant: Waiting" at Museum SAN in Wonju. The show features 39 works, including his signature "Issu du feu" charcoal sculptures and massive 10-meter-tall bronze "Brushstroke" installations placed within the museum's Stone Garden. The exhibition is designed to harmonize with the unique architecture of Tadao Ando, utilizing natural light and the surrounding mountain landscape to create a meditative experience for visitors.

Art Basel Diary: star brings K-pop magic, scents and sensibility, and Liam Gallagher’s romantic side

Art Basel 2025 in Basel, Switzerland, saw K-pop star RM (of BTS) visit the fair's Unlimited section, drawing screaming fans and highlighting his role as an art collector. Other notable moments included Friedrich Kunath's romantic portrait of Liam Gallagher (priced at $135,000) on view with Pace gallery, Italian collector Patrizia Sandretto Re Rebaudengo announcing a dual-site exhibition in Turin for her foundation's 30th anniversary, and Fondation Beyeler drawing luminaries like Carolyn Christov-Bakargiev and Don and Mera Rubell to Jordan Wolfson's VR experience 'Little Room'. The fair also introduced a bespoke fragrance called 'Racing Anticipation' in collaboration with Givaudan, though some staff reported allergic reactions.

Strong sales and cross-market demand define Art Basel Hong Kong opening

Art Basel Hong Kong opened with robust sales and high energy, signaling a strong recovery for the Asia-Pacific art market. Blue-chip galleries reported several seven-figure transactions early on, including a $4 million Picasso at Bastian and a $3.8 million Liu Ye painting at David Zwirner. The fair's debut of the digital-focused 'Zero 10' initiative and a significant presence of regional collectors underscored a diverse appetite for both postwar masters and contemporary digital works.

Korean galleries took part in Tokyo Gendai as part of collaboration with Art Busan

Art Busan and Tokyo Gendai have partnered on a project called Connect, bringing nine Korean and two Chinese galleries to the 2024 edition of Tokyo Gendai, held September 11-14 at Pacifico Yokohama. The initiative, supported by the Korean Ministry of Culture, Sports and Tourism and the Korea Arts Management Service (KAMS), also included a collaborative exhibition at Terrada Art Complex during Tennoz Art Week, featuring artists such as Kim Hongjoo, Lee Bae, and Kim Taek Sang. Fair directors Eri Takane and Seokho Jeong, alongside ArtSG director Shuyin Yang, participated in talks about expanding regional collaboration.

Nam June Paik's 'TV Portrait' Goes on Sale at Seoul Auction

Seoul Auction is holding its 191st art auction on April 28th at its Gangnam Center, featuring 141 works of modern, contemporary, and antique art with a combined low estimate of approximately 8.8 billion won. The highlight is Nam June Paik's 1997 video portrait installation 'Helen Kim,' estimated between 150-300 million won, alongside significant works by Lee Bae, Lee Ufan, Yoo Youngkuk, and Chang Ucchin.

From fields to fire: Lee Bae brings 30 years of charcoal art to Museum SAN

South Korean artist Lee Bae has opened a major solo exhibition titled "En attendant" at Museum SAN in Wonju, marking the first time the institution has dedicated its entire grounds to a single Korean artist. The retrospective spans thirty years of Lee’s career, showcasing his deep engagement with charcoal as a medium that bridges his heritage as a farmer’s son with the traditions of East Asian ink painting. The exhibition features monumental sculptures, installations, and video works that transform the museum’s indoor and outdoor spaces into a meditative journey.