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Home-grown start-ups make it easy to buy and sell Singapore art
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Art Again's Pasar managed to place two-thirds of the 50 works on show in new homes.
PHOTO: ART AGAIN
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- Art Again, founded by Milon Goh and Chingyi Chua, uses Instagram to simplify art reselling, charging tiered fees and offering conservation and transport services.
- Annexe, led by Wang Zineng, is an auction platform with lower overhead costs, transparent pricing and a 25% buyer's premium, aiming to revitalise art buying.
- Both platforms address the lack of art transactions in Singapore by providing accessible, transparent options, revaluing local art and dispelling fears about divestment.
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SINGAPORE – One of the main complaints of Singapore’s art market is that there are too few transactions. Works, once bought by private individuals, rarely change hands.
In the past two years, two ground-up Singapore platforms have been created to fix this, aiming to make reselling and buying art easier, less intimidating and more fun.
