• May : 16 : 2012 - Frederique Constant Creates a Line of Luxury Watches for Girls
  • May : 15 : 2012 - A.S. M47-331 Tank Watch Commemorates Arnold Schwarzenegger
  • May : 10 : 2012 - Breitling Transocean Chronograph Unitime Using Propietary Movement
  • May : 2 : 2012 - Richard Mille RM 051 Watch Designed with Datuk Michelle Yeoh
  • May : 1 : 2012 - Old School Watches Making a Comeback

Watch Lovers Flock to Singapore

Great prices on luxury items in Singapore

Even though Singapore has no recognized brands in the luxury market, they are becoming even more widely known as a prime destination for luxury items.

Singapore for Luxury Items

Singapore for Luxury watches

There are many reasons why Singapore has grown in the luxury market. Primarily, it’s because of the very favorable exchange rate for the Singapore dollar. Many Chinese buyers are flocking to their country to make their money go further. Straitstimes breaks it down:

Singapore has managed to become the top global destination for Chinese shoppers keen to buy such items.

They spent at least $265million on watches and jewellery during visits to the Republic between last April and this February.

Another great reason to get your luxury watches from Singapore is that there is a much smaller replica market there. You are much less likely to bump into a fake watch.

Singapore is even a destination for many American buyers for the reasons listed above. Instead of heading to the typical shopping locations, the world is looking east. Switzerland, who has always been considered the source for luxury goods has been feeling this pinch. In contrast to Singapore, Switzerland came in 7th with a total of $54 million in sales.

Looking to purchase a luxury timepiece? You might consider Singapore…

Click here to visit the original source of this post

Categories: Watch News

Comments are closed.

Featured Video

The Coolest Watch 2012...

Posted on Mar - 21 - 2012

Comments Off on The Coolest Watch 2012 (video)

Best Watches for Travelers

Posted on May - 2 - 2015

Comments Off on Best Watches for Travelers

Choosing the Right Brand...

Posted on Jun - 18 - 2012

Comments Off on Choosing the Right Brand of Luxury Watch

Frasier Timepiece Seeks Watch...

Posted on May - 22 - 2012

Comments Off on Frasier Timepiece Seeks Watch Lovers for Initial Watch Release

Oris Chet Baker Limited...

Posted on May - 18 - 2012

Comments Off on Oris Chet Baker Limited Edition Watch

MB&F Thunderbolt Watch a...

Posted on May - 17 - 2012

Comments Off on MB&F Thunderbolt Watch a Surprise Sell Out

The Coolest Watch 2012...

Posted on Mar - 21 - 2012

Comments Off on The Coolest Watch 2012 (video)

Seiko Astron GPS Switches...

Posted on Mar - 22 - 2012

Comments Off on Seiko Astron GPS Switches Time Zones Automatically

Ice Watches: A Best...

Posted on Mar - 21 - 2012

Comments Off on Ice Watches: A Best Selling Watch Brand

Eterna Adventic Watch with...

Posted on Apr - 25 - 2012

Comments Off on Eterna Adventic Watch with Zirconium Ball Bearings

Louis Moinet Watches Earns...

Posted on Apr - 6 - 2012

Comments Off on Louis Moinet Watches Earns Prestigious Design Award

  • Recent Comments

    • Blogroll

      • How to Spot a Fake Luxury Watch The Watch Trading Guide Features A “how To Safely Trade Expensive Watches Over The Net” Guide, A “how To Spot A Fake Watch” Guide And A Link Collection Of Hundreds Of Trusted Watch Related Websites.