September 9, 2013

Hark Music ~ Early Bird Offer ~



Last few days left!


Enjoy 30% off
- Ends 12 Sep.
Only $98! U.P. $140



After 4 lessons, you'll be able to...
- Play piano chords without 5-line scores
- Express variety of rhythmic patterns
- Play & sing along/have fun accompanying another singer!

Mini Course Duration
4 x weekly session, 1 hour each.

Most seats snapped up...Act fast!

For any queries, Click Here

Book a hotel stay and get a $50 flight voucher!‏

For a limited time, you will receive a $50 Jetstar flight voucher when you book 2 consecutive nights at any hotel located in Hong Kong, Bali and Taipei available through www.jetstar.com/sg/en/hotels. Applicable to the first 50 bookers. Conditions apply. 

To be eligible for the $50 voucher follow these easy steps:
  1. Visit www.jetstar.com/sg/en/hotels or click on the SEARCH AND BOOK button on each hotel offer below
  2. Book 2 or more consecutive nights at any hotel located in Hong Kong, Taipei and Bali, available through jetstar.com/sg/en/hotels, checking out no later than 31 March 2014.
  3. Book by 11:00 am (SGT) 13 September 2013.
It’s that easy! Then, keep an eye out for an email with your flight voucher details which will be issued using the name and email address of customer who made the booking. We’ll start sending them out between 17-20 September 2013. A maximum of one voucher per booking applies.

Great Hotel offers to make choosing easierBelow are some great hotel deals that are on offer until 11:00 am (SGT) 13 September 2013 unless sold out prior. Offers are for selected travel periods between now and 31 March 2014. Offers below have a minimum 2 night stay. Click here to find out all the details and applicable travel dates.

FIND OUT MORE!

Scoot Tuesday Flight Deals


Every Tuesday from 7-9am.
Tuesday mornings will never be the same again with Scoot's Morning Glory Tuesdays offer from 7-9am!
This week, Scoot to Bangkok from $39 and Taipei from $89!
Make sure you set your alarms tomorrow and look out for the mystery promo code which will be revealed on FlyScoot Facebook page and FlyScoot.com from 7am onwards!
But hurry, because offer is valid till 10 September 2013, 9am only!

September 6, 2013

HBO Asia’s first original drama series SERANGOON ROAD

Win a pair of invites to the launch party of HBO Asia’s first original drama series SERANGOON ROAD @ www.starhub.com/hboserangoonroad!

Be the lucky few to watch an exclusive trailer and come dressed in your best 60’s outfit for a chance to win prizes! Experience a snippet of Singapore in the 1960’s on 19 Sept @ 6.30pm by answering a simple question.

August 26, 2013

JJ Lin Timeline World Tour



This coming November, Singapore-born singing sensation JJ Lin will be returning for the Singapore leg of his “JJ Lin Timeline World Tour”.

2013 marks the 10th year of JJ Lin's singing career. For JJ, the meaning of time holds more than just the passing of days but also the emotions deeply etched onto the axis of time that has mould him into who he is today. With this concert, JJ hopes to present his musical growth through his songs representation and also pay tribute to the people who have supported him along the way. Fans will be in for a treat with an extension stage that brings JJ closer to them and a unique dance performance in water.

JJ will also be playing the role as a Time Angel for his concert. He will transcend time and boundaries with every rendition of his songs to weave a story about love and time. Through his presentation, the audience will come to realise that Time is nothing but a noun. What truly mattered was the process of love, hurt and joy that has brought to our hearts.“JJ Lin Timeline World Tour” is proudly presented by Giant, brought to you by UnUsUaL Entertainment.



MEET JJ LIN IN PERSON!

JJ Lin Timeline World Tour - Autograph Session 



Date: 6 September 2013
Time: 7:30pm
Venue: Compass Point, Level 1 Main Atrium


Present your "JJ Lin Timeline World Tour" ticket to be eligible for the autograph session. 
JJ Lin will only sign on ticket stubs and the Taiwanese version of his latest album, "Stories Untold".
Each concert ticket is entitled to only one album autograph.




Scoot Tuesday Surprise!


Good mornings made better with unbelievable flight deals.Every Tuesday from 7-9am.
Tuesday mornings will never be the same again with Scoot's Morning Glory Tuesdays offer from 7-9am!
This week, Scoot to Taipei at $69 and Sydney and Gold Coast at $99 only!
Make sure you set your alarms tomorrow and look out for the promo on the 
FlyScoot Facebook page or FlyScoot.com from 7am onwards.
But hurry, because offer is valid till 27 August 2013, 9am only!

August 24, 2013

Win a delectable Party Pack for 10 from Simply Buffet!

Win a delectable Party Pack for 10 from Simply Buffet! 

Their Asian and Local inspired halal menus have a touch of Western infusion and are perfect for jazzing up a lunch party or for meeting the taste buds of your guests during a housewarming. Simply mix and match your preferences from their list of mouthwatering dishes and create your own perfect buffet party! 

Simply answer two questions to stand a chance to win! 

Join this contest now 

August 18, 2013

Win a delectable Party Pack for 10 from Simply Buffet!

Win a delectable Party Pack for 10 from Simply Buffet! 

Their Asian and Local inspired halal menus have a touch of Western infusion and are perfect for jazzing up a lunch party or for meeting the taste buds of your guests during a housewarming. Simply mix and match your preferences from their list of mouthwatering dishes and create your own perfect buffet party! 

Simply answer two questions to stand a chance to win! 

Join this contest now 

August 17, 2013

MOGi Featured Restaurant


Tawandang Microbrewery
Modern Thai Seafood. The True German Beer.


Whether you're in the mood to shop, dine, play or relax, MOGi has something you'll love. Check out these offers from Tawandang Microbrewery, and many more on your MOGi app today. We highly recommend Tawandang for its authentic Thai food, great beer selection, and fun ambience with live stage performances. Head out to Tawandang at Dempsey with your friends tonight and have a great time! 

Download MOGi now and register with code QTHAI to receive a $5 Tawandang Gift Voucher absolutely FREE!  

August 15, 2013

JobsCentral Career & Education Fair 2013!

JobsCentral warmly invites you to join us for our Exclusive 
Networking Session at the JobsCentral Career & Education Fair 2013!

Date: 24 August 2013
Venue: Halls 401-403, Suntec Singapore
Time: 10am to 1pm
Dress Code: Business Smart 
 
- Only open to job seekers that fulfill our strict selection criteria!
- Be amongst the first job seekers to meet the exhibitors!
- Get to network with the exhibitors in a more conducive environment!

This session is by-invite only and spaces are limited so do RSVP now to avoid disappointment!

Do remember to come prepared with your resumes as well.

August 12, 2013

Fly to your favourite Scoot destinations from Singapore at only $138!


Fly to your favourite Scoot destinations from Singapore at only $138!

Sale from 7 - 9am, on 13 August only!

Offer is valid from 0700 – 0900 hrs (GMT+8) on 13 August 2013 or until seats sell out, for one-way travel in Economy class (FLY fare) out of Singapore to any Scoot destination (except Bangkok), from now to 30 November 2013. Blackout periods may apply over school holidays and event periods.
If you're hungry for more information:


But why wait any longer? 


*Terms & Conditions apply

August 11, 2013

SINGAPORE ART-BASED SELF-DEVELOPMENT GROUP


THE SINGAPORE ART-BASED SELF-DEVELOPMENT GROUP is an open platform for passionate industry professionals from various modalities of study (e.g. artists, life coaches, holistic health professionals, consultants, psychologist etc.) to share and explore various Art pedagogies for self-development (i.e. self-esteem building through process drama, self-healing through therapeutic ceramic making, etc).

This group is also perfect for the "You" who is looking for something a little different, something relaxing, expressive and healing after a hard day of work apart from the usual gym/workout/yoga routine, a stress-detox evening before you head home or perhaps to gain more insights into yourself.

City lifestyle may seem cold, stressful and repetitive at times. This group hopes to offer another form of "entertainment"; something that is fun but nourishes the mind and self at the same time.

Join the Group

FREE tin of the new NESTLÉ MOM&ME


Happy National Day! Singapore thanks you for contributing new citizens to our nation. 

Click here to get your FREE tin of the new NESTLÉ MOM&ME to celebrate! 

August 8, 2013

ERP to rise to record $6 at two ECP gantries


TWO electronic road pricing (ERP) gantries on the East Coast Parkway (ECP) expressway will become the most expensive in the history of the scheme, in the latest revision of rates starting on Aug 5.
Drivers of cars passing through the gantries on the ECP (Fort Road) and Kallang-Paya Lebar Expressway (KPE) slip road into the ECP between 8.30am and 9am will be charged $6 - the highest rate since ERP started in 1998.
The previous high was $5, the current peak period rate for these same two gantries.
Before last month's school holidays, four other south-bound gantries on the Central Expressway (CTE) also had a $5 charge during peak periods.
Asked about the latest hikes, a Land Transport Authority (LTA) spokesman said traffic speeds between 8.30am and 9am were below the optimum range.
The LTA revises rates every three months to keep traffic speeds between 45kmh and 65kmh on expressways. The benchmark speed for arterial roads is between 20kmh and 30kmh. Rates are typically reduced during school holidays, and increased after.
With the latest revision, using the CTE will also cost more: ERP rates are set to go up by 50 cents or $1 at certain times.
The four affected gantries are on the south-bound CTE (towards the city) after Braddell Road and on the Pan-Island Expressway slip road into the south- bound CTE. At these gantries, there is currently no charge from 7am to 7.30am, and $4 from 7.30am to 8am.
Under the revised rates, there will be a $1 charge from 7am to 7.30am, and an increase to $5 from 7.30am to 8am.
On the north-bound CTE, rates will rise from 50 cents to $1 from 5.30pm to 6pm, and from $1 to $2 from 6pm to 6.30pm.
But it is the eye-catching $6 price tag on the ECP which has had motorists talking. Many admit that bottlenecks at the Fort Road stretch are a pain during peak hours, but some wondered if raising charges would work.
"If people are already paying $5 to use the road, what difference will an extra $1 make?" asked private wealth manager Wong Yekun, who drives from his Siglap home to work in Marina Square every day.
The next revision of ERP rates will be in November.

August 5, 2013

Fly Jetstar's Business Class

Pamper yourself and fly Jetstar's Business Class on our wide-bodied, dual-cabin Airbus A330. You'll get to enjoy dedicated service, wide comfy leather seats with extra leg room, Business meals and extensive selection of beverages, in-flight entertainment and comfort pack. That is all inclusive and on sale now. This is the perfect time to experience the full service of flying long haul on Business Class.

Sale ends 11 August 2013 (10pm), unless sold out prior. Sale may be extended. 

For more information and to book, visit http://www.jetstar.com/sg/en/home.

POSB 7-11 Tote Bag


Have you tried cashing out with POSB yet? Get a tote bag free when you withdraw $50 minimum at our stores now! Perfect for putting your shopping in. Hurry, we have limited bags available!

POSB Cash-Point is available at all outlets except 7-Eleven @ Shell and Changi Airport.



Garuda delays direct Jakarta-London flight due to ageing airport


Aug 1 (Reuters) - Garuda Indonesia has delayed the launch of its first direct Jakarta-London service by six months due to the capital's ageing airport in another example of creaking infrastructure hitting business in Southeast Asia's largest economy.

State-run Garuda will now start the service in May 2014. The new route was part of Garuda's plans to expand further into the long-haul and premium market.

The airline said the surface of the runways and apron at Soekarno-Hatta airport were not strong enough to support a full capacity, heavy duty commercial aircraft, such as a Boeing B777-300ER, at the maximum take-off weight on the London route.

After years of "fatigue", the 28-year-old runway at the airport must be upgraded, Garuda Chief Executive Emirsyah Satar said in a statement.

The airport operator could not be reached for comment.

"This highlights the fact that we really need to seriously fix our infrastructure to be able to boost growth in aviation sector," said Harry Su, head of research at Jakarta-based PT Bahana Securities.

Privately held Lion Air, AirAsia Bhd and PT Mandala Airlines, part-owned by Tiger Airways Holdings Ltd , are expanding capacity in one of the world's fastest growing but most competitive aviation markets, while regional carriers are also expanding international flights.

Jakarta's main airport was ranked as the world's ninth busiest based on passenger traffic of 57.8 million in 2012, according to preliminary results from the Airports Council International.

Avril on Google+ Hangout LIVE from Hong Kong!

WATCH: Avril on Google+ Hangout LIVE from Hong Kong! Tune in to the live broadcast of Avril Lavigne answering questions from some very lucky fans who won the ‪#‎AvrilHangout‬ contest!

PARTY STARTS AT 3:30PM! BE THERE!

Starhub Channel 514

Watch The Week the Women Went on Lifetime Ch 514/ 561 (HD). 
Click http://bit.ly/126BmfQ for more info on this unforgettable social experiment, where all the women from a small town in South Carolina abandon the town for a week, leaving the men to deal with housework, carpooling, cooking and the kids! Tune-in to see how they cope. Ladies, how well do you think the men in your lives would fare?

CHECK OUT!

August 4, 2013



Come PARTY with us by the racetrack at the F1 Pit Building as we rev up for the highly anticipated U Grand Prix Experience 2013.
Go-karting on the F1 Circuit before Vettel, Alonso and Hamilton!
Catch PUMA’s latest trends on our fashion runway and be entertained with live music by The SWiTCH Gang!

Date: 1 September 2013, Sunday
Time: 6.00pm - 10.00pm
Venue: F1 Pit Building (next to Singapore Flyer)
           1 Republic Boulevard
           Singapore 038975

Event Highlights
  • Competitive Go-karting on F1 Circuit
  • Puma Fashion Runway
  • Cheryl & The SWiTCH Gang
  • Power 98FM Hosts Mister Young & Jacqui
  • Instant photo with Grid Girls & Guys
  • F1 Gaming Simulators
  • Sports Cars Display
  • Lucky Draw

TYPES OF TICKETS
NTUC MEMBER
PUBLIC
nEbO
Individual
Party
$12
$15
$30
Party & Go-kart
-
$30
$45







*Ticket includes FREE 1st drink, lucky draw prizes and more! 

Limited tickets available, get yours now!
Participate in the online car race and stand a chance to win tickets to the event!
Visit www.ugrandpix.sg for more information.

August 2, 2013

Aesthetics Asia

A preview of the Advanced Facial Anatomy and Injectables Workshop to be held at Aesthetics Asia on Thursday the 12th of September at Marina Bay Sands, Singapore. Follow Australian Plastic Surgeon Dr Peter Callan and Singaporean Plastic Surgeon, Dr Por Yong Chen as they conduct a LIVE in-depth presentation of facial anatomy using a freshly dissected cadaver-head, followed by LIVE injection demonstrations offering an unparalleled insight into the real-time reactions of facial injectables. 

REGISTER NOW!

Give your child the best head start‏

HPB invites all Parents to the Colours of the Mind forum.

As Mums and Dads, we always want what's best for our kids. By learning more about how they think, feel, and behave, we'll be able to help them grow up happy, healthy, and strong.

Join celebrity guest Evelyn Tan and our panel of experts as they provide tips to boost the mental wellbeing of 6 to 12 year olds.

Get your questions answered and learn about Colours of the Mind, Singapore's first child mental wellbeing scale.




Taiwan Fruit Beer



Are you ready to celebrate Singapore's 48th Birthday? Taiwan Beer is giving away 48 cartons (yes - 24 cans in each carton!) of Mango and Pineapple flavoured!

Stay Tuned this coming Monday, 5 August, on how to take part in our contest. 

Starhub Free Preview



Enjoy Starhub FREE Preview of over 170 channels this National Day weekend, from 12pm, Wed 7 Aug to 12pm, Mon 12 Aug! Watch with your family at home, or on the go with StarHub TV Anywhere. Plus, buy and watch Starhub On-Demand specials at only $2 each! 

7-Eleven Contest



Heading to town this weekend? Drop by Orchard Cineleisure from 3-11 August for a quick snap with our 3D Mixology art. Imagination counts! 7-Eleven be rewarding the 3 most creative shots with $100 Choice vouchers each, which can be used at 7-Eleven, Guardian, Market Place, Shop N Save, Cold Storage and Giant.

Post your photo on Instagram with the tag #‎gulpmixology for a chance to win. 

National Day Celebration!‏


Come together to celebrate National Day in a meaningful way!

A day workshop to learn how to be at ease with oneself and others – the coming together of mind and body. Let the Dharma shared by Venerables be  your guiding light.  Learn about connecting, loving, breathing and smiling!

Spend this day to relax and bond with family and friends at this serene monastery. May the merits created be dedicated to our nation and world peace.

KNOW MORE!

August 1, 2013

Welcome in North Korea!


Arirang Festival Special : Welcome in North Korea!
North Korea is probably the most mysterious country in the world today. One which is almost entirely untouched and unseen by tourists. Is not that enough extraordinary, exceptional and compelling to capture your imagination to visit this scenic country ? A rarity for any standard. A fascinating trip to another unexplored world. Join this fabulous tour to discover the beauty of this unknown corner of the world. The sight and sound of the most amazing mass events, held only once a year, The Arirang Festival, will give you a vivid memory of your stay in this unique and unspoilt territory called North Korea... Continue Reading

Three Shares That Lost to the Market

The Straits Times Index (SGX: ^STI) had slipped by 0.7% today to 3,222. That’s not a particular good result for the overall share market, but some companies had it even worse. Let’s take a look at three in particular.
First up, we have Golden Agri Resources (SGX: E5H), which dropped 3.7% today to S$0.525. Earlier in the morning, the vertically-integrated palm-oil producer announced that its Indonesian subsidiary, PT Sinar Mas Agro Resources and Technology Tbk had released its half-yearly results.
Golden Agri owns 97.2% of PT Sinar (as of 31 Dec 2012), which is also a palm oil producer and is listed on the Indonesian Stock Exchange. PT Sinar’s half-yearly results saw sales for the six month period ended 30 June 2013 decline by 18% year-on-year to Rp11,183b (approximately S$1.34b). Meanwhile, profits for the same period dropped by 28% to Rp795.4b (approximately S$95.5m).
As PT Sinar’s main business interests are similar to Golden Agri, investors seemed to have been spooked by the implications of the former’s poor showing in regard to the latter’s own results.
In any case, investors will get a better picture of Golden Agri’s results soon. The company’s set to announce its second quarter earnings on 2 August after the market closes.
Soilbuild Construction Group (SGX: S7P) is up next as its shares slipped by 8.3% to S$0.275. The company, which only just made its debut on the Mainboard stock exchange on 27 May this year, provides turnkey construction project services, in addition to acting as consultants for project management work.
Yesterday was a busy time for the company. First, the company sent out a press release to clarify certain business developments described in The Business Times in an article titled “Soilbuild inks condo venture in Yangon”.
The article stated that “while the construction contract, which is estimated to be about US$50m, has not yet been awarded, Ho Toon Bah, executive director at [Soilbuild] said there is a “good expectation” that [the company] will clinch it”.
SCG’s board wished to clarify, through the press release, that “the company is in the process of submitting a proposal to Soilbuild Group Holdings with respect to the construction contract and [as of 30 July 2013], the construction contract has not been awarded to the group.”
Next, SCG had filed a preliminary prospectus for a real estate investment trust with the Monetary Authority of Singapore dated 30 July 2013. The REIT’s named as Soilbuild Business Space REIT and according to the prospectus, will be priced at S$0.77 to S$0.80 per unit. A total of seven properties – a mixture of business parks and industrial properties – will be bought by the REIT for a combined price of S$921m.
Rounding up the trio of market-losers, we have Cogent Holdings (KJ9). The logistics, ware-housing, and transportation company’s shares had dropped by 4.6% to S$0.21. Yesterday evening, Cogent announced a proposal to sell a piece of property for S$10m toCrane World Asia Pte Ltd.
The property’s located at No.1 Chia Ping Road, Singapore and occupies a land area of approximately 14,900 square metres. According to Cogent, the sale was made to “consolidate and rationalise [the company’s] logistics operations… The [sale] will also enable the [company] to unlock shareholders’ value, improve its cash flows and gearing, thereby resulting in a more efficient use of capital.”
The market apparently did not seem to agree with Cogent’s rationale of the sale, judging from the company’s share price movement.
The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Chong Ser Jing doesn’t own shares in any companies mentioned. 

July 31, 2013

The Smurfs 2 Contest


Want to win EXCLUSIVE premiums (T-shirts & lanyards) to the movie "The Smurfs 2"?

WATCH & READ our editorial feature on "The Smurfs 2" and CAPTION this photo here!

Simply LIKE this Facebook page and send us a private message with your most creative caption for this photo, along with your personal particulars (NRIC, Name, Contact Number, Email address).

Only Smurf-tastic captions get to win a set of premiums.

Contest closes on 4 Aug, 2359hrs.


Theatre Happenings at Emily Hill


Introduction & Summary

Recently we have heard a lot about the proverbial “next generation” of theatremakers, and about programmes in place by more experienced/established groups to train new(er) “emerging” artists. What of these labels, and how might we look beyond them to continue growing, shaping, and sustaining this theatre community?

By bringing together not only the pioneers of Singapore theatre and key players in the industry today, but also representatives from newer groups/collectives, this discussion hopes to bridge the ostensible “generation gap” in Singapore’s evolving theatre landscape, providing an opportunity for the sharing and exchange of ideas on the following areas:
• Training, Education, and Mentorship
• Platforms for Development/New work
• Constraints and Challenges

Meet & Mingle with Theatre People 1.00 pm - 3.00 pm

A networking session presented by Six Degrees
If you are familiar with terms like Fugard, fresnals and the fourth wall, this Meet & Mingle is for you.
This event will be relevant for playwrights, directors, actors, designers (set, lighting, costume, sound), composers, videographers, producers and directors.

Meet & Mingle is a Six Degrees networking event that connects the different stakeholders required to produce amazing works in the creative sectors. We recognize the need to bring together diverse skill-sets and believe in the power of collaboration.

If you would like to be part of the Six Degrees community and stay up-to-date with the latest events, opportunities & resources for creative freelancers, simply create a free Six Degrees account HERE.

CINEMA 4D Broadcast Seminar

Discover CINEMA 4D, an award-winning 3D modeling, animation, sculpting, painting and rendering software renowned for its powerful features, speed, ease-of use and reliability. CINEMA 4D is extensively used to create cutting edge visual effects in top feature films, TV shows and commercials, dazzling broadcast graphics, high-end game cinematics, as well for medical illustration, architectural and industrial design applications. 
 
Also, get yourself introduced to CINEWARE, the exciting live 3D pipeline between CINEMA 4D and Adobe After Effects that can streamline and speed up production pipelines!
 
Join and learn why CINEMA 4D is the choice for many users across the world, Asia, and Singapore.

Date: 02 August 2013
Time: 2:30pm - 5:00pm
Venue: Plug-in@Blk71 Seminar Room


 

Rejuvenate your Senses at Banyan Tree Spas & Angsana Spas


Pampering Rewards

Wishing for a rejuvenating spa getaway? Receive bountiful rewards as you indulge in well-deserved pampering at the award-winning Banyan Tree Spas. Choose from a wide range of rejuvenating treatments and accumulate savings of up to 50% with every visit!
Promotion is valid till 30 September 2013.

July 30, 2013

Developed Economies Add Strength as China Revives Policy Hopes

SUMMARY
  • US equities flat, attention switches from QE taper to data and earnings
  • Emerging market equities rebound on China stimulus hopes
  • China outlines policy framework and minimum acceptable GDP growth rates
  • Euro area recovery gaining momentum with stronger July PMI Developed economies continue to strengthen. The US saw better-than- expected manufacturing purchasing managers’ index (PMI) and durable goods orders readings. Although this was offset by weak Richmond Fed manufacturing and existing home sales numbers, the broad trend remains up. Meanwhile, Euro area data suggests the economy is climbing out of recession.
Chinese PMI data however continued to disappoint, highlighting the divergence between the economic growth trajectories of emerging and developed markets. Emerging market equities gained some courage from Chinese fiscal policy initiatives and the Government’s commitment to minimum growth targets. But this is unlikely to be sufficient to reverse the underperformance of Chinese equities over coming weeks and possibly months, as large scale monetary or fiscal expansion remains unlikely while the government pursues long-term and possibly painful structural reforms. These developments continue to support our near-term overweight on US and Japanese equities and our longer-term overweight for Asia ex-Japan equities.

Dîner en Blanc - Singapore


~~~ Official Date 18th October 2013 ~~~

With nearly 40 cities having joined the Dîner en Blanc family by the end of 2013, what began (and remains in Paris) as a “friends and word-of-mouth only” event has grown into an international epicurean phenomenon across five continents.

Singapore is proud to host the Asia's second edition of Dîner en Blanc.

Reserve this Friday evening as diners continue to gather at a secret location with the sole purpose of sharing a high-quality meal with good friends at the heart of one of Singapore's most beautiful locations.

Register now 

Alternative investments: Luxury designer bags


Alternative investments: Luxury designer bags

A common perception that many people often have about luxury handbags is that they are simply frivolous purchases made by the rich and famous.
But that mentality is slowly changing, as discerning bag collectors are proving that luxurious designer handbags are no longer just a statement fashion accessory, a senseless arm candy, or simply the preserve of the wealthy; in fact, a good choice of bag can lead to excellent returns in the long run.
Hermès Birkin
A rare Hermès Birkin recently set a world record for fetching the highest price - an exorbitant amount - for a handbag at an auction.
The red crocodile skin purse, with white gold and diamond hardware, was sold to an anonymous bidder for a whopping US$203,150 at the Heritage Auctions in Dallas, Texas.
The final price far exceeds expectations, given that it had been expected to fetch around US$80,000.
But it was not the only Hermès piece to have generated such attention.
A blue crocodile version with palladium hardware sold for US$113,525, a shiny red crocodile Birkin with palladium hardware went for US$95,600 and a Himalayan crocodile Birkin with palladium hardware fetched US$80,663.
Matt Rubinger, director of luxury accessories at Heritage Auctions explains the demand. "Most of the bags were originally bought by collectors who never used them, or only used them once. And these exclusive handbags actually increase in value over time. If you walked into Hermès today you couldn't get these bags - not even if you were Oprah Winfrey."
"Hermes bags appreciate the moment you buy them; the really tried and true pieces hold and increase their value over time. There's definitely a huge market for these pieces," he told The Wall Street Journal.
Apparently, it is not just Hermès who is enjoying such exclusivity and prestige; other renowned fashion brands are also enjoying equal success.
Chanel 2.55
On average, Chanel increases its prices from 8-12 percent per annum, which simply means that a Chanel 2.55 that you buy today could potentially increase in value by over 30 percent in just a short time frame of three to four years - depending on how well you maintain and care for the bag.
High-profile socialite and avid bag collector Ms Sulian Tan-Wijaya, who owns a highly coveted collection of the classic Chanel 2.55 in different versions and sizes, a prized collection of Fendi Baguettes and the Louis Vuitton Mirror collection in gold, shares her opinions on why selected luxury designer handbags appreciate in value over the years.
"Both the Chanel 2.55 and Hermes Birkin are all-time classics. They transcend age and fashion trends, and can be worn with almost all kinds of outfits, from casual jeans and T-shirts to corporate work attire. They are no different from the timeless Rolex or the Cartier Love bracelet. Both have appreciated substantially over the years. A Chanel used to cost me only SGD$2,000 each during my younger days, but the same bag can now fetch over SGD$6,000."
"As such, I now treat my bags as a form of investment. In fact, some of the bags that I bought a very long time ago have since remained in their dust bags."
When asked to share what are some of the factors that budding bag collectors have to look out for before making the big-ticket purchase, she said: "The brand, design, model and material. For example, the Chanel 2.55 in black calfskin leather has retained the exact design and material all these years and it matches any fashion from any era so effortlessly. That said, try to stick to materials that feature dark colours as they are easier to clean and do not stain."
If you are keen to hop on the bandwagon, but not sure which bag to buy, Sulian recommends that you invest in a truly timeless piece.
"Go for something classic, which you can wear long after you have purchased it. Stick to proven brands like Hermes and Chanel, which significantly appreciate in value with time."