A record price of S$2.02mil (RM6.5mil) has been set for a painting by Singaporean pioneer artist Georgette Chen (1906-1993) at auction. Titled Boats And Shophouses (circa 1963 to 1965), the painting of the Singapore River measuring 64.5cm by 81cm was sold by auction house Sotheby's at its first auction in Singapore in 15 years.
Gallery owner Ho Sou Ping, who attended the auction held at the Regent Singapore hotel on Aug 28, said that the room erupted into cheers when the hammer came down on the final bid.
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