Are purses cheaper in South Asia?

Jeanna

Member
Feb 5, 2006
157
0
Seattle
With the exchange rate between the U.S. dollar and currency from Thailand/Malaysia/Indonesia/Phillipines, is it possible that designer purses could end up being cheaper there? I've always wondered that. Do they mark up the prices proportionately with local incomes or to that of tourists?
 

ayla

nyan nyan percent
O.G.
Oct 19, 2005
26,070
112
Toronto, Ontario
I believe prices in Asia are more expensive. Another board member mentioned 100% luxury tax in one country (the name escapes me), and for instance, countries like Japan have huge price differences.

The resale market is pretty popular in Asia though, so consigned bags may be cheaper.
 

mya

Happiness is a Bag
O.G.
Nov 26, 2005
383
0
Malaysia
In Malaysia, it can go 20-30% more than US retail. This is from my own comparison, they might differ by brands.

I would think Singapore can be equivalent or cheaper to US, due to many duty free luxury shopping, plus tourists can redeem back the Govt Service Tax paid for the items right before they leave the country.:biggrin:
 

Grace

Member
Jan 21, 2006
18
0
Hi all

I've not been to the Phillipines.

I know first hand that in Thailand, Indonesia and Malaysia, designer bags are priced at least 20-30% higher, most anything imported is priced that way.

Here in Singapore, designer bags (European) are either cheaper or about the same prices on US websites. US designer bags or clothes are a little more expensive than US prices.

Most fashion houses here have at least 1 sales event a year and the discounts are 10-50% off. Most fashion houses or departmental stores have member/discounts cards that give you 10% for regular/latest arrival. LV, Chanel and Hermes, never have sales or discount.

Hong Kong's prices for handbags are very competitive and during their summer sales, there is a wide selection of sales items with great discounts and more brands to choose from (especially clothes and shoes) than in Singapore.

best regards
Grace
 

Grace

Member
Jan 21, 2006
18
0
What mya said.....yes, ANY item you purchased that Goods and Service Tax was included (GST), you may get a refund at the dept store's customer service ounter (for boutique corners) or shopping mall's info counter or at the airport when you leave Singapore. This is for tourists only. Your receipts will reflect the amount for GST.

You may get all this information at info counters upon your arrival at the airport.

best regards
Grace