On 3 April, 2004, Larasati returned to the Raffles Hotel, Singapore to hold her third auction and hammered off S$ 2.5 million to achieve a total sale of just under S$ 3 million with 80% of the 88 lots sold, exceeding its target of S$ 2 million.
The second auction was held at the Marriott Hotel, Singapore on 9 October, 2004. 80% of the 106 lots were sold; giving a total sale of S$ 2 million, and a grand total of S$ 4.9 million for the year 2004, approximately 15% higher as compared to that of year 2003 (S$ 4.3 million).
Year 2004 witnessed a significant increase in attendance. At each auction, the saleroom was packed with 250 people, dominated by foreign collectors coming from Indonesia, The Philippines, Malaysia, and Hong Kong.
More record breaking prices were achieved. In April 2004, “Balinese Dancer”, a rare oil on canvas by the late Antonio Blanco fetched S$ 249,500, breaking the record previously achieved at Christie’s Hong Kong in April 2002, when “The Dream” by Blanco fetched HK$ 1,064,100 (S$ 229,484).
Then in October 2004, it was a 1945 oil on canvas titled “Balinese Girl”, measuring 33 x 25 cm, by Willem Gerard Hofker (lot 42), that broke the record. The painting was sold for at S$ 183,500, making it the most expensive Hofker today of that size.