2009, Acylic on Canvas
-Sold-
Malaysian Art. Eye on the malaysian contemporary art scene and beyond
Posted by psst! at 5:03 AM 0 comments
Labels: update
According to the 2008 survey of the global art market by Artprice, a report listing the 500 top-selling contemporary artists, based on results from 2,900 auctions between July 2007 and June 2008. 11 out of the the world's top 20 best-selling artists, are Chinese. The four cornerstones of contemporary Chinese art, an elite which includes Wang Guangyi, Fang Lijun, Zhang Xiaogang and Yue Minjun are amongst the world's most sought-after artists. Art experts see this as an indication that Asian art will dominate art sales around the globe soon.
Listing of the top 20 most popular artists (based on auction records) from July 2007-July 2008, as compiled by Artprice.1. Jeff Koons (b.1955)
Type of art: sculpture, mixed-media
Nationality: American
Sales at auction (07-08): £69.4 million
3. Damien Hirst (b.1965)
Type of art: Sculpture, mixed-media, Turner Prize-winner
Nationality: British
Sales at auction (07-08): £45.8 million.
Note: The survey excludes Hirst's Sept 2008 auction of £100 million.
5. Zhang Xiaogang (b.1958)
Type of art: surrealism, portraiture
Nationality: Chinese (Yunnan)
Sales at auction (07-08): £32.3 million
7. Yue Minjun (b.1962)
Type of art: figurative paintings
Nationality: Chinese (Heilongjiang)
Sales at auction (07-08): £27.5 million
9. Wang Guangyi (b.1957)
Type of art: Mixed-media, painting
Nationality: Chinese (Heilongjiang)
Sales at auction (07-08): £11.7 million
10. Liu Xiaodong (b.1963)
Type of art: Painting, fine art photography
Nationality: Chinese (Liaoning)
Sales at auction (07-08): £10.5 million
11. Cai Guo-Qiang (b.1957)
Type of artwork: performance art (explosive events)
Nationality: Chinese
Sales at auction (07-08): £10.1 million
12. Yan Pei-Ming (b.1960)
Type of art: Portraitist
Nationality: Chinese (Shanghai)
Sales at auction (07-08): £9.9 million
13. Chen Yifei (b.1946)
Type of art: Painting
Nationality: Chinese (Zhejing)
Sales at auction (07-08): £9.7 million
14. Fang Lijun (b.1963)
Type of art: Painting
Nationality: Chinese (Hebei)
Sales at auction (07-08): £9.6 million
15. Liu Ye (b.1964)
Type of art: Avant-garde artist
Nationality: Chinese
Sales at auction (07-08): £8.8 million
17. Zhou Chunya (b.1955)
Type of art: Portrait paintings
Nationality: Chinese (Sichuan)
Sales at auction (07-08): £8.3 million
18. Anish Kapoor (b.1954) ~yusof went to school with him
Type of art: abstract, sculpture, Turner Prize-winner
Nationality: British (born in India)
Sales at auction (07-08): £6.7 million
19. Peter Doig (b.1959)
Type of art: landscape pictures
Nationality: British
Sales at auction (07-08): £6.7 million
20. Rudolf Stingel (b.1956)
Type of art: installation and conceptual art
Nationality: German
Sales at auction (07-08): £6.5 million
Posted by psst! at 3:10 AM 3 comments
Labels: art market, update
The Mei Moses index, shows art prices falling 35 per cent in the first quarter following the financial crisis. The overall index fell 4.8 per cent last year. What's a collector to do?
The over-inflated bubble in the years preceding September 2008 in the art market, particularly in 2006 was bound to pop. With works of some (living) artists' quadrupling at scary rates without any real justification and instead fueled largely by speculation -the worst enemy of sustainable growth in any market. Non-speculative reasons for investment in art is key, because most people who have made money have not made it by purchasing art as a short-term investment.
The art bubble bursting means the end of speculative flipping. Sotheby's Spring Auction last week brought in a conservative US$8.9 million compared to US$51.77 million last year for contemporary art. Like the stock and property markets, a return to fundamentals, following a period of readjustment before prices stabilize is much needed in order for good work that can weather the test of time to once again start to appreciate.
Prices have yet to bottom out in our region as much as in the west and China, with works by star contemporary artists, notably Chinese Zhang Xiogang and Indonesian I Nyoman Masradi, selling at Sotheby's last week for a fraction of the prices they fetched last year. However, auctiongoers, art investors and art collectors will be faced with great opportunities in the coming months as quality works by masters will be more realistic if not at an all time low. Or maybe just buy something you like.
Posted by -whatsart- at 3:04 AM 0 comments
Total global revenue from Contemporary Art sales over the July 2007-June 2008 amounted to € 980m, up 50% on the previous year, with almost the same volume of transactions according to Artprice, a Paris-based art market index. More than a third of these figures were attributed to the Chinese/Asian art markets.
Ahmad Zakii Anwar made it to the top 500 contemporary artists list published in that same index.
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Labels: art market, artists, get a clue, update
Posted by psst! at 12:35 PM 0 comments

Art it girls; Beverly Yong, Rachel Ng and Adeline Ooi have left Valentine Willie and taken their skills, contacts and experience in Southeast Asian modern and contemporary art to form RogueArt, an art consultancy group specialising in the creative, strategic and organisational management of art projects, exhibitions, collections and publications.
Posted by -whatsart- at 11:11 AM 0 comments
A total of three State properties in prime sites will be made available at lower rent to art collectors who are interested to open private museums through a Request-for-Interest exercise by The National Heritage Board (NHB) and Singapore Land Authority (SLA).
The properties at 222 Queen Street, 27A and 27B Loewen Road will complement existing museum and art facilities to help make Singapore the arts and tourism hub of the region. The three properties have fixed rents below commercial rates ranging between S$5,159(406.2sqm) - S$42,516(5,248.9sqm) renewable for up to 9 years. Each building is allowed to use up to 20 percent of the space for retail or dining.
Contact for details: Joanna Han at +65 6332 4419 or joanna_han@nhb.gov.sg
The submission form is available at: http://www.nhb.gov.sg/aim
Application closes: November 15, 2008.
Posted by -whatsart- at 8:39 PM 0 comments
Labels: investments, update
The Challenger
KerbauPosted by -whatsart- at 1:20 PM 1 comments
Labels: artists, artists abroad, in-news, update
The Shabbiness of Certainty
Aged WisdomRajinder Singh born in Ipoh in 1964, was recently selected as one of 20 emerging artists to represent Asia by a juried competition in Hong Kong. He also recently become the first South East Asian artist to be invited to the famous Mourlot studios (now IDEM) in Montparnasse, Paris to make two lithographs of his work for a private collection. To date he has had shows in Malaysia, Singapore, Hong Kong, Paris and Argentina. He will be showing in London, India, Los Angeles, Shanghai, Korea and New York later this year.
Major patrons of the artist are Farouk Khan, Baron Gonzalve Bich (of BIC conglomerate) and Franck Duboeuf (of George Duboeuf wines. He is represented by PACE gallery in PJ.~Now you know which gallery Yusof owns!~ Rajinder who has lived in United Kingdom for most of his life now lives and works in Singapore was tutored by a veteran English abstract expressionist, James Holdsworth, in 2002.
Rajinder’s extensive background in Mathematics is the driving force behind his successful art practice. His work has seen worldwide acclaim and has been described as modern and carries a message of change. Rajinder is the artist ambassador for the superpremium wine from Tuscany, Capannelle and his art is promoted by art agents internationally.
He also hosts a popular Singapore art blog with running commentary on the Southeast Asia art scene and was the unofficial site for the Singapore Biennale 2006.
Solo ExhibitionsJune 14th 2008, " Singapore Street Arts Festival", Clarke Quay, Singapore
Oct 10th 2007, “ Shanghai Seduction”, Auction, Grand Shanghai, Singapore
August 22nd 2007
"Pace Gallery: The Opening", group exhibition of paintings with Ahmad Zaki Anwar, Jaliani Abu Hassan, Yusof Majid, Bayu Utomo Radjikin, Ivan Lam, Dr Rajinder Singh, Aswad Ameir, Ahmad Shukri Mohamed, Umibaizurah Mahir Ismail, Daud Rahim, Ernesto Pujazon, Hamir Shoaib, Nelson Dominquez, joel couloigner, PACE Gallery, Kuala Lumpur
July 18th 2007, "Aceh Livelihood Project" , Auction, UE Square, Singapore
June 4th 2007, "What else is there?", with Disney animator Chris Shaw, Royal Plaza on Scott, Art Space, Singapore
Aug 22nd 2006, "Symbiosis" ,group Exhibition with Artists Donna Ong and Chng Nai Wee- Marina galleries, Marina Mandarin Hotel, Singapore
Oct 2005, "A prettier picture" , Auction, Your Mother's Gallery, Singapore
July 2005, "Racial Harmony", Bradell Heights CC Art Room, Singapore
April 2005, "Project Relief" , Auction, Seton Close Residences, Singapore
March 2005, "Chip Bee Artist Boheme", Michi Gallery, Singapore
Feb 2005, "Cotton Tree" , Auction , Cotton Tree, Singapore
November 2004, "Batch No 3" , Block 43 Art Gallery, Singapore
June 2004, "Singapore Art Festival 2004 "Vision and Illusion- Reconstruction of a city" , St James Power Station, Singapore
May 2004, "Malcolm` s Chicken" , Block 43 Art Gallery, Singapore
Nov 2003, "Nascent: Beginning to be" , Block 43 Art Gallery, SingaporePosted by -whatsart- at 1:04 AM 0 comments
Labels: artist bios, artists abroad, biennale, update
Examples of Malaysian artists whose works sold relatively well, included:
· Ahmad Zakii Anwar (HK$427,400 / RM179,891; Nov 2007)
· Latiff Mohidin (HK$391,500 / RM164,781; Nov 2007)
· Jailani Abu Hassan (HK$391,500 / RM164,781; Nov 2007)
· Yee I-Lann (HK$295,500 / RM124,170; May 2008)
· Chang Fee Ming (HK$137,500 / RM57,850; Nov 2007)
· Ivan Lam (HK$125,000 / RM52,524; May 2008)
But such Malaysian works are “cheap” compared to contemporary works by other regional artists, as shown below. However, works by top Malaysian artists like Latiff Mohidin and Datuk Ibrahim Hussein sell at a much higher price domestically than at international auctions, as yet.
Source -Southeast Asian Art At Auctions by Johnni Wong, The Star Online
IVAN LAM
3 Buses
Picture Source -artlease
Posted by psst! at 12:37 AM 0 comments
Labels: artists abroad, in-news, investments, update
Beyond Recognition
Excellence, Glory, DistinctionPosted by psst! at 1:52 PM 0 comments
Labels: artists abroad, biennale, events, update