Sotheby’s held its annual modern and contemporary art sale in Singapore on Sunday, achieving $13.1 million across 62 lots with a 94% sell-through rate. The top lot was Adrien-Jean Le Mayeur de Merpres’s *Weavers* (1953) at $1.2 million, followed by Takashi Murakami’s *Blue Signals* (2017) at $1.06 million. New artist records were set for Pacita Abad, whose *Assaulting the eye with Ecstasy* (1984) sold for $389,400, and Singaporean artist Anthony Poon, whose *Colour Waves* (1986) fetched $129,800. Bidders came from Southeast Asia, the US, the UAE, Europe, South Korea, Japan, India, and China.
This sale matters because it signals robust demand for both regional Southeast Asian artists and international blue-chip names in Singapore’s growing art market. The strong results—the highest total for this sale since 2023—and the multiple new artist records underscore the city’s emergence as a key auction hub in Asia, bridging local talent with global collectors.