For many in Singapore, Hong Kong is the place to buy branded and luxury clothes, bags and shoes since they are cheaper to buy from Hong Kong instead of Singapore. So when someone heads to Hong Kong for anything, he/she usually carries a shopping list from friends and family to buy these items. But this shopping list should also include electronic gadgets since they are also much cheaper in Hong Kong compared to Singapore says Tan Chong Yaw in Digitial Life (The Straits Times). Savings can be as much as 35 per cent and for some expensive items like Canon EOS 1D Mark III, it can be 4,000 SGD+.
This is actually a known fact for many Singaporeans visiting Hong Kong regularly. They buy main stream consumer electronics, camera lenses, smart phones, and tablets from Hong Kong. You can check the prices in Hong Kong from a web site named price.com.hk before heading there so you can decide to buy something from Singapore or Hong Kong. Since not all items are cheaper or even available in Hong Kong, it is wise to do some online check before heading there.
Singapore Dollar has appreciated in recent years against other currencies as a MAS policy to keep inflation tamed. Since 2009, Singapore Dollar appreciated to a level where it is 20 per cent stronger than 2009 levels. And although this has made Singaporean products more expensive for outside world, outside world became cheaper for Singaporeans.
Hong Kong is relatively near to Singapore and a flight from here to Hong Kong would take less than 3 hours. The destination is popular in Singapore, one in every seven Singaporeans visited Hong Kong last year!
Below is a sample price comparison taken from DL The Straits Times, March 21st 2012 edition:
This is actually a known fact for many Singaporeans visiting Hong Kong regularly. They buy main stream consumer electronics, camera lenses, smart phones, and tablets from Hong Kong. You can check the prices in Hong Kong from a web site named price.com.hk before heading there so you can decide to buy something from Singapore or Hong Kong. Since not all items are cheaper or even available in Hong Kong, it is wise to do some online check before heading there.
Singapore Dollar has appreciated in recent years against other currencies as a MAS policy to keep inflation tamed. Since 2009, Singapore Dollar appreciated to a level where it is 20 per cent stronger than 2009 levels. And although this has made Singaporean products more expensive for outside world, outside world became cheaper for Singaporeans.
Hong Kong is relatively near to Singapore and a flight from here to Hong Kong would take less than 3 hours. The destination is popular in Singapore, one in every seven Singaporeans visited Hong Kong last year!
Below is a sample price comparison taken from DL The Straits Times, March 21st 2012 edition:
| Gadget | Singapore List Price (SGD) | Hong Kong List Price (HKD) | Hong Kong List Price (SGD) | Savings (SGD) |
| Sony Ericsson Xperia arc S | 688 | 3698 | 610 | 78 |
| Apple iPhone 4S 64 GB | 1238 | 6688 | 1104 | 134 |
| Apple new iPad Wi-Fi 16 GB | 658 | 3888 | 642 | 16 |
| Nikon D3X | 13888 | 64800 | 10692 | 3196 |
| Nikon AF-S Nikkor 70-200mm f/2.8G ED VR II | 3699 | 18980 | 3132 | 567 |
| Canon EOS 1D Mark III | 12799 | 49800 | 8217 | 4582 |
| Canon EOS 600D 18-55 mm kit | 1199 | 6680 | 1102 | 97 |
| Canon EF70-200mm f/2.8L IS USM | 3599 | 19980 | 3297 | 302 |
| Canon PowerShot S100 | 699 | 3680 | 607 | 92 |
| Sony Playstation Vita Wi-Fi | 399 | 2280 | 376 | 23 |
| Sony Vaio Z VPCZ228GG | 3999 | 22980 | 3792 | 20 |
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