Since Larasati's first auction held on 30 April 2000 in Jakarta, Indonesia, the regional auction house’s reputation has grown rapidly for auctioning rare and emerging Indonesian as well as other Asian works at record prices. In 2003, Larasati marked a milestone in its pursuit to become a major player in the Asian market, with its entry into Singapore and becoming the first Asian-based auction hous
e that crossed national borders. In 2009, Larasati became the first auction house from Southeast Asia to enter Hong Kong, the third largest auction market in the world. In view of growth opportunities and successful operations over the last 10 years, Larasati is expanding and One East Larasati is now the new umbrella for its auction business in Hong Kong and beyond. Focused on featuring significant works of art and treating them as a kind of museum art, One East Larasati's boutique collection platforms fine works by master artists from Southeast Asia and other important art hubs in Asia. More than just merely a matter of buying and selling art objects, One East Larasati is driven to enhance the appreciation and development of art in Asia. Currently, One East Larasati manages its auctions in four different countries: Indonesia, Singapore, Hong Kong, and the Netherlands.