Looking for an engagement ring for your special someone?

It’s not every day you find a partner that’s as perfect for you as you are for them. When it happens, then you need to find the perfect engagement ring. Fortunately, you don’t have to break the bank to propose.

You’ll have to save up for the wedding, the honeymoon and for your new house. The average cost of a wedding in Singapore can range from $3,000 to $100,000.

We look at the most affordable engagement rings in Singapore to make it easier to find the perfect ring at a reasonable price. You’re also able to get quick cash for all your financial needs here!

We present our list of cheap engagement rings in Singapore that won’t break your budget or tarnish your love story.

When Should I Present The Engagement Ring?

You have been dating this girl for a while now. And beyond a reasonable doubt, you know she is the one. You want to spend the rest of your life beside her. If you are at that point, then you will need a beautiful engagement to propose marriage to the girl of your dreams.

An engagement ring comes in hand when asking for a hand in marriage.

Plan and make the moment special. Some men choose to include the family during the proposal, while others opt to do it during vacation. However, you choose to do it, make it special.


How Much Should An Engagement Ring Cost?

The price of engagement rings depends on several factors, such as size, quality of the stone, and the brand. Earlier myths suggested that one should use two to three months of gross salary to buy an engagement ring.

However, that has been overtaken by time, and now there is really no set rule on how much you should spend.

The answer to this question depends entirely on your financial position. Spend what you are comfortable with and avoid getting into debt. Plus, consider the preference of your partner while purchasing the ring. Some people are minimalists and will be happy with less expensive engagement rings.

For men who are trying to sort out their financial problems before popping the question, Credit 21 can help you here.


List Of Cheap Engagement Rings Boutiques In Singapore

Finding an affordable yet beautiful engagement ring can be hard.

You need to understand the cut, fluorescence, and other terms that you will hear while buying the engagement ring. To help you select the best, here is a list of the boutiques that have amazing engagement rings at an affordable price.

1. Ling Jewellery

If you are looking for an engagement ring cut to precision, then Ling Jewellery is the place to go. They are the master cutters, keen to bring out even the tiniest details you need.

Visit Ling Jewellery for quality and unique engagement sets.

Location: 100 Tras St, #04 – 02, Singapore 079027

Price Range: $900 – $3,000+

Link to Ling Jewellery

2. Love and Co.

Love and Co. have pieces made from natural and lab-grown diamonds. They offer the most affordable engagement rings without compromising on quality.

Location: They are in multiple locations. Select one near you.

  • Ion Orchard, #B2-64, Singapore 238801
  • Plaza Singapura, #01-07, Singapore 238839
  • JEM, #01-47, Singapore 608549
  • Jewel Airport, #01-258, Singapore 819666

Price Range: $1,000 – $5,000+

Link to Love and Co.

3. Carat 55

They say a diamond is a girl’s best friend. If your girl loves diamonds, then visit Carat 55. It is known for its high-quality and unique diamond rings.

Also known as the diamond studio, you’ll be spoilt for choice. Visit their website for remarkable pieces at unbelievable prices. Plus, they customize the engagement rings for you.

Location: 5 Tank Road #01-03 Nagarathar Building Singapore 238061

Price range: $750 – $2,500

Link to Carat 55

4. Venus Tears

Venus Tears is well known for its low-priced GIA diamonds that are common in Japan. Find high-quality engagement rings in the shop. Their designs are elegant, minimalistic and from Japan. 

Visit one of the shops for affordable rings recognized by Japan’s Central Gem Laboratory Co., Ltd.

Location: Multiple locations as below

  • 435 Orchard Road, Wisma Atria, #B1-28, Singapore 238877
  • 200 Victoria Street, Bugis Junction, #01-22/22A, Singapore 188021

Price Range: $900 – $5,000+

Link to Venus Tears

5. JoyJuwels

JoyJuwels is the home of quality diamond rings with prices ranging from $900 to $5,000. They offer extensive design and can customize the engagement ring to your liking.

Location: 171 Tras Street, Union Building, Joy Company Pte Ltd, # 08-171A, Singapore 079025

Price Range: $900 – $5,000

Link to JoyJuwels

6. Rio

Find customizable and unique engagement rings at Rio. They are master diamond cutters whose main aim is to provide quality and affordable jewellery.

They also offer diamond upgrade and lifetime warranty for their rings.

Location: Far East Shopping Centre, #11-13, Singapore 238882

Price Range: $1,000 – $5,000+

Link to Rio

7. LeCaine Gems

LeCaine customizes gemstones to create unique, elegant, and affordable jewellery. Make your proposal unforgettable with the perfect, world-class engagement ring from their store.

LeCaine Gems also specialise in Moissanite rings.

Location: 888 Upper Bukit Timah Road, Singapore 678185

Price Range: $1,000 – $5,000+

Link to LeCaine Gems

8. Fonder Diamond

Fonder diamond cutters create high-quality and some of the best jewellery in Singapore. They have an intuitive online shop and that makes it easy to shop on the go.

Shoppers are also able to choose and customize their own engagement rings.

Location: 20 Ayer Rajah Crescent, #08-01, Singapore 139964

Price Range: $1,000 – $4,000+

Link to Fonder Diamond

9. Canary Collection by Ung Yiu Li

Canary has some of the most affordable engagement rings in Singapore. They feature precious stones with illusion cuts. It’s one of the places where you can find limited and fresh designs without spending a fortune.

If your wife like unique and special designs, Canary Collection is the place to go.

Location: Online-Only

Price Range: $1,000 – $5,000+

Link to Canary Collection

10. Calla Lily

Calla Lily delivers high-quality, customized engagement, and wedding rings. For unique pieces that blend floral and natural, head over to their store.

Calla Lily sources their precious gems from Brazil to Columbia to Tanzania and Myanmar. Only gemstones of the finest cut are chosen.

Location: 56 Eng Hoon St, #01-56, Singapore 160056

Price Range: $1,500 – $6000+

Link to Calla Lily

11. Lucy & Mui

Lucy & Mui use illusion cuts to make stylish and affordable jewelry. If your spouse is a minimalist, head to their online store for an amazing piece.

Location: Online Only

Price Range: $1,000 – $5,000

Link to Lucy & Mui

12. Orro

Looking for majestic designs? Head over to Orro for jewelry that is beautiful to behold and unbelievably cheap.

Orro believes that each piece of jewellery has its own story to tell.

Location: 277 Orchard Rd, Singapore 238858

Price Range: $300 – $3,000

Link to Orro

13. Swarovski

Swarovski is probably one of the most popular brands in Singapore.

At Swarovski, they combine different materials to create some of the most simple and unique jewelry. They will customize their rings to suit your needs.

Location: 2 Alexandra Road, #03-01 Delta House, Singapore 159919

Price Range: $100 – $6,000+

Link to Swarovski 

14. Goldheart

Goldheart has simple to complex jewelry for engagement and wedding bands. For exceptional rings, visit the Goldheart store.

This is a good choice for couples who prefer a physical store where they can choose their own rings.

Location: 68 Orchard Rd, Singapore 238839 (Plaza Singapura Branch)

Price Range: $600 – $5,000

Link to Goldheart

15. Glamira

At Glamira, every jewel is unique. They use precious stones to create exotic rings. If you are looking for a never seen engagement ring, visit Glamira. Their team always has fresh ideas on how to create unique rings.

Location: online-only

Price Range: $600 – $6,000

Link to Glamira

We hope that this list of 15 cheap engagement ring boutiques will help you find the perfect ring for your budget.

Whether you’re looking for a simple solitaire or a more extravagant ring, there are plenty of options available that won’t break the bank.

To get enough cash for your engagement ring, you can also get our assistance here.

With so many beautiful and wallet-friendly engagement rings to choose from, there’s no excuse not to find the perfect one for your special someone.