Art investing

At Art Basel, dealers reap rewards by sidestepping politics and war

The fair featured a preponderance of safe, apolitical works – which played to the mood of buyers

Maurizio Cattelan's conceptual work featuring a banana, being auctioned at Sotheby's in New York on  Nov 20. The work sold for US$6.2 million with fees.

It’s bananas to regard art as an investment

Enjoy your paintings and sculptures. Just don’t expect a return on what you paid for them

The 2.2 m portrait “A.I. God” by “Ai-Da”, the world’s first ultra-realistic robot artist, smashed pre-sale expectations of US$180,000 when it went under the hammer at London auction house Sotheby’s Digital Art Sale.

First artwork by humanoid robot sells for US$1.3 million

A PORTRAIT of English mathematician Alan Turing became the first artwork by a humanoid robot to be sold at auction, fetching US$1,320,000 on Thursday.

In 2022, high net worth individuals allocated 24 per cent of their wealth to art. That number has fallen to just 15 per cent in 2024.

The art market is on the brink of major upheaval

The art market is nearing a critical inflection point, according to a new 2024 survey of global collecting from Art Basel and UBS.

Visitors at Frieze Masters, the annual arts fair in Regent’s Park, London.

Calculating the real value of the art you own

Sometimes, one’s possessions brush up against greatness, if not great valuations

Aurelie Vassy, Sotheby’s head of handbag and fashion sales in Europe, holds a Hermes mini Kelly Bags in front of a Claude Monet painting, at the auction house’s new Paris headquarters on Oct 12, 2024.

Paris is rising as an art market hub, with some way left to go

Sotheby’s opened a new salesroom and international collectors are arriving for the inaugural Art Basel Paris fair. But visiting is one thing; buying is another

K Contemporary turned a wall piece by textile artist Anne von Freyburg into a bedspread, stationed two human-like sculptures by Viktor Freso on the terrace, and hung a painting by Marc Dennis over the toilet.  “I love taking artwork out of that idea of the white cube,” gallery owner Doug Kacena says.

In Aspen, a new art fair follows the money

How can a show lure customers and make sales in a down market? Pitching its tent next to billionaires is a start

"Pivoines et Blueuts" (Peonies and Cornflowers) by Vietnamese painter Le Pho. Asian collectors are growing in prominence and driving a robust demand for the region's art.
LIFE & CULTURE

A pivotal gateway to Asia’s thriving art market

Singapore’s art landscape is poised for continued growth, with heightened visibility of Asian collectors and demographic changes in bidders

Visitors at the Art Basel exhibition in Hong Kong in March.
LIFE & CULTURE

Art market experts see rebound in confidence after 2023 slump

A gallery executive says the beginning of this year has been extremely encouraging and far more active than the year prior

Linda Neo started collecting art as a means of sharing a common interest with her husband, Albert Lim.
LUXURY

Luxury investments: Why these Singaporeans collect art, watches and wine

These three categories are the top investments of passion here, a recent report shows