Singaporean art collectors snapping up contemporary works in Hong Kong
Serious collectors out in force.
Singaporean art collectors have outgrown the local market as they are now being spotted in rising numbers at regional art shows. One art gathering, the Asia Contemporary Art Show attracted over 1,500 guests not just from Hong Kong but also from Singapore China, Taiwan, Indonesia, and other countries.
The show organizers estimated record sales for the show in excess of HK$24 million over the four days. Strong sales were registered for original paintings, limited editions, sculpture and photography, presented by more than 100 exhibitors from 19 countries.