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Over the past few years, the landscape of the Asian art market has been rapidly reshaped. Seoul has drawn increasing attention from the international art world through Frieze Seoul, Kiaf Seoul, and Seoul Art Week, while Hong Kong, despite political changes and the impact of China’s economic slowdown, continues to maintain its position as a powerful transactional hub.
2026.04.28
One of the most striking phenomena in the recent Korean art world is the rapid increase in the number of art fairs. Not only in Seoul, but across the country—in Busan, Daegu, Ulsan, Jeju, Cheongju, and elsewhere—art fairs of differing scales and characters are being held throughout the year. In April of this year alone, as many as four or five art fairs took place almost simultaneously.
2026.04.14
Non-profit art spaces in Korean contemporary art began to emerge in the late 1990s. Spaces such as Alternative Space Loop (1999– ), Project Space Sarubia (1999- ), Art Space Pool (1999–Jan 2021), and Insa Art Space (2000–Jun 2025) functioned as platforms for experimental practices and emerging artists that were not accommodated within institutional art, forming a structure that explored new possibilities for artistic production both outside and within institutional frameworks.
2026.03.31
The Damien Hirst exhibition held at the National Museum of Modern and Contemporary Art carries a meaning that goes beyond that of a typical exhibition of a famous overseas artist. It is an event that introduces a single artist, but at the same time it serves as an occasion to reconsider how the system of contemporary art operates today and what role a national museum should play within that structure
2026.03.17
The National Museum of Modern and Contemporary Art, Korea (MMCA), in partnership with the SBS Foundation, has announced the shortlisted artists for the “Korea Artist Prize 2026”
2026.02.24
The year 2026 marks the 20th anniversary of the passing of Nam June Paik (1932–2006). Long before the emergence of the World Wide Web, Paik envisioned a globally networked society. In 1974, he began conceptualizing Electronic Superhighway, anticipating the cultural and social transformations that digital networks would bring. As early as 1964, he introduced Robot K-456, bringing the relationship between humans and machines into the realm of artistic experimentation.
2026.01.27
Korean contemporary art is gaining increasing attention worldwide. Major international museums and biennales are showcasing works by Korean artists, and global art markets are demonstrating a growing interest in Korean contemporary art.
2025.03.18
The Korean art market experienced significant shifts in 2024, with notable fluctuations in auction performance and art fair dynamics. In particular, the total hammer price in Korea’s domestic art auction market saw a 26% decline in the third quarter compared to the previous year, fueling concerns over an ‘art fair crisis.’
2025.03.11
Ha Chong Hyun (b. 1935) is regarded as a pioneer of Dansaekhwa (Korean monochrome painting) in contemporary Korean art. His representative series, ‘Conjunction’, has played a crucial role in introducing Korean abstract painting to the global art scene.
2025.02.25
In the contemporary art market, George Condo is recognized for his original style and strong portrayal of characters. His works fetch high prices at auction and often appear in the collections of high-profile collectors.
2024.12.03
On November 20th, Maurizio Cattelan’s artwork, Comedian, once again stunned the world when it sold for $6.2 million (approximately KRW 8.67 billion) at Sotheby’s in New York. This event transcends mere sensationalism, offering a philosophical lens to reassess how contemporary art functions within the capitalist system.
2024.11.26
Jong Oh has been creating work that involves staying in the space where his pieces will be installed, observing and feeling the architectural elements and invisible sensations of that place, and visualizing these through constructive forms.
2024.10.15
