Chu Teh-chun Work Sells for $329,200 to Deliver a 0.9% Annualized Return

Chu Teh-chun, Le 3 Mars 1974 (1974), sold for $329,200 (SGD419,100), more than the low estimate at Sotheby's in Singapore on January 25.

The sale beat the previous auction result for this work by $33,000, equivalent to an annualized return of 0.9%. It last sold at auction in 2014 for $296,300 at Christie's.

Oil on canvas, 60.0 x 100.0cm. The work has been traded twice in the past.