Art Auctions are the New Stock Market

By Ooi Kok Chuen

October 2012 PENANG PALETTE
main image
Haslin Ismail - The Very Extraordinary Voyage (2010-2011), mixed media collage on canvas (305cm x 305cm).
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The selling of art works through auctions has been lucrative lately. This is encouraging a clear increase in events where famous and not-so-famous artists, and collectors of course, can make fortunes. Malaysia still needs to build up its infrastructure in this business though.This is a banner year for art auctions in Malaysia, with a grand total of four held so far. For a country comparatively short on art history and with a long way to go in terms of infrastructure,...

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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.

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