ART SG closed the second edition of its 2024 show in Singapore with galleries reporting solid sales to collectors from around the world. Held across four days, the fair featured a lineup of 114 galleries from 33 countries and territories from around the world. The exhibitors list for this ART SG was noticeably smaller this year’s, going from more than 150 galleries to 114 — a drop of more than 25 percent.
Presented over two floors of the Marina Bay Sands Expo and Convention Centre and organised by The Art Assembly, ART SG gathered collectors, galleries, institutions, artists, organisations, and art lovers alike advancing new and crucial opportunities for dialogue, discovery, and exchange. With 45,303 visitors in attendance at the fair alone, ART SG’s second edition has reaffirmed its position on the international cultural and events calendar.
Throughout the fair’s four days, galleries reported speedy and sustained sales, with works placed in major private and institutional collections. Galleries highlighted an enthusiastic response from both established and emerging collectors from all corners of the world, with many noting that ART SG had provided a great platform for meeting new collectors.
Reported sales highlights include:
- Thaddeaus Ropac sold a work by Anselm Kiefer for €1.1 million, alongside works by Lee Bul, Miquel Barceló, Jules de Balincourt, Alex Katz, Oliver Beer, Mandy El-Sayegh, and James Rosenquist
- Sundaram Tagore sold a range of works by Hiroshi Senju, Jane Lee, Miya Ando, and Zheng Lu for a combined total of over US$1 million
- White Cube sold works by Tracey Emin, Jessica Rankin, and Darren Almond, among others for a combined total of £1.5 million
- Waddington Custot sold two sculptures by Barry Flanagan, including a work sold for US$680,000 to a Chinese resident in Singapore; an installation featured as part of PLATFORM by Ian Davenport sold for US$360,000; and two sculptures by Yves Dana, including a work for sold for US$92,000 to a collector based in Singapore;
- Lehmann Maupin sold a number of works, including a painting by David Salle sold for US$250,000 to a prominent family collection in Singapore, alongside multiple works by Lee Bul (US$200,000 – US$300,000) and Kim Yun Shin (US$60,000 – US$90,000)
- Johyun Gallery sold a number of works, including a painting by Park Seo-Bo for US$250,000 and multiple works by Lee Bae for prices in the range of US$50,000 – US$180,000 each;
- The Back Room placed an installation by Marcos Kueh featured as part of PLATFORM to an institution in Singapore with a price range between S$50,000 and S$100,000
- Asia Art Center sold a number of key works by Li Chen and three works from Ju Ming’s Tai Chi Series, all of which have been acquired by private collectors, with a total value of around US$600,000
“The number of sales we have seen within the first hours of the VIP days has proven that ART SG has come back even stronger in its second edition. By the end of the VIP preview, works by Abdul Abdullah, Pinaree Sanpitak and Manit Sriwanichpoom were placed with institutional collections. Even stronger sales continued on Day 2, with more than 20 works sold to local and international collectors by artists Alvin Ong, Nicholas Ong, Ayka Go, Karen Black, ranging from USD 5,000 to USD 40,000.”
Can Yavuz, Founding Director, Yavuz Gallery (Singapore, Sydney)