In March, a painting by pioneer Singapore artist Cheong Soo Pieng, called Satay Seller (1982), went under the hammer for $1.06 million - double the pre-sale estimate by Larasati Auctioneers.
Four months earlier, in December last year, Georgette Chen's Still Life, Mid Autumn Festival (circa 1960s) sold for HK$10.1 million (S$1.8 million) - more than twice its pre-sale estimate. It marked an auction record for the artist.
A version of this article appeared in the print edition of The Sunday Times on May 15, 2022, with the headline Singapore art heats up auctions. Subscribe