Bull Market for South-East Asian Art
By Ooi Kok Chuen
June 2016 PENANG PALETTE
A taste for art pieces from the region has been growing, driven by a range of different factors.When Indonesian artist and pioneer Raden Saleh sold Deer Hunt for SG$2.8mil in an auction in 1996, it changed the art landscape in Southeast Asia. It whet the world’s appetite for Indonesian masters and Indo- European sojourners based in Bali, among others.The momentum started in the inaugural auction in 1994. Raden’s The Eruption of Mt Merapi went for a premium of SG$280,000, some...
Ooi Kok Chuen
is an art-writer and journalist, and the author of MAHSURI: A Legend Reborn (Ooi Peeps Publishing), an adult contemporary fantasy “movel” (a novel conceived as a mock movie) spun from a local legend.
