Since I was recently in Singapore, I decided to do a 2024 Singapore Goyard Price List since it’s always good to compare and I feel like there’s not a lot of information out there. With that being said, there’s a good reason why there’s not that much information out there and it’s because you don’t get as good of a deal as you would at the Paris Goyard or even the Japan Goyard nowadays. Either way, I’ve got prices for you and have done the calculations to see if you still at least get a bargain compared to the US. Let’s begin!
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Which Singapore Goyard Store Did I Visit?
There’s only Singapore Goyard store and it’s located in the Takashimaya Shopping Centre at Orchard Rd, #01-11 Takashimaya S.C, 01-11, Singapore 238872. All prices are current as of 12/25/2023 (the day I went there).
Singapore Goyard Inventory in 2023
When I asked about all of the tote bags (St. Louis, Artois, and Anjou), the sales associate said that they had them all. I also checked if they had my Alpine Mini Backpack that I’ve been eyeing, and they said they had it too. In both colors! I assume Singapore’s massive inventory has a lot to do with the fact that it’s one of the more expensive places to buy Goyard and their VAT refund is not as good as other countries.
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Price: 5,400 SGD (Approx. $4,026 USD)
(Not sure how much it costs in the US. If someone knows, DM me and I’ll post it here!) |
Goyard Regular Colors vs. Special Colors
If you haven’t heard, Goyard has officially gotten rid of their separate pricing between their regular colors and their special colors in 2022. Historically, Goyard had different pricing for their regular colors (black and tan/black) and their special colors (red, orange, yellow, green, sky blue, navy, burgundy, white, and gray). The regular colors would usually be a couple of hundred dollars cheaper, but now, all the colors are the same price across the board.
How Busy was the Goyard Store?
The Singapore Goyard location was not busy at all. I visited the store around 12:15pm and got in by 12:25pm (so 10 minutes). I was 2nd in line. This is a stark contract to the Japan Goyard store that I went to.
Singapore Goyard VAT Refund
When I asked the sales associate at the Goyard store what the VAT refund was, she said about 6% after all Global Blue’s fees (the company that Goyard uses for VAT refunds). I asked Global Blue for some clarification and got this response, “The standard GST rate in Singapore is 9%. The refund amount varies from store to store. The exact refund amount depends on a particular merchant.” As you can see, a very vague answer, but for our calculation purposes, we’ll just use the 6%.
Singapore Goyard Price List
This Singapore Goyard Price List will be concentrating on the three main tote bags: St. Louis, Artois, and Anjou. This is just to give you an idea of what prices are going for in Singapore right now. Unfortunately, I do not have prices for any other bags or accessories except for the Alpine Mini stated above. Also, please keep in mind that prices below do not include USA’s sales tax nor Singapore’s VAT refund.
How Much is a Goyard St. Louis?
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*Prices are current as of December 22, 2023. I went to my local Beverly Hills store to double check!
**The exchange rate is based on the date of this post. Also, Singapore Goyard prices were collected on 12/25/2023.
***This amount is an approximation and is for reference only. The amount does not take into account USA’s sales tax and Singapore’s VAT. USA sales tax depends on the state you live in, hence why I didn’t include it.
How Much Is A Goyard Artois?
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*Prices are current as of December 22, 2023. I went to my local Beverly Hills store to double check!
**The exchange rate is based on the date of this post. Also, Singapore Goyard prices were collected on 12/25/2023.
***This amount is an approximation and is for reference only. The amount does not take into account USA’s sales tax and Singapore’s VAT. USA sales tax depends on the state you live in, hence why I didn’t include it.
How Much Is A Goyard Anjou?
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*Prices are current as of December 22, 2023. I went to my local Beverly Hills store to double check!
**The exchange rate is based on the date of this post. Also, Singapore Goyard prices were collected on 12/25/2023.
***This amount is an approximation and is for reference only. The amount does not take into account USA’s sales tax and Singapore’s VAT. USA sales tax depends on the state you live in, hence why I didn’t include it.
So, Is it Cheaper to Buy Goyard in Singapore?
As you can see from my calculations, everything is more expensive in Singapore compared to the U.S. IF you were to only look at the base prices. Now, if we take into consideration U.S.’s sales tax and then minus Singapore’s VAT, is it still more expensive or is it actually cheaper?
Obviously the price difference is going to vary by what state you live in since sales tax is calculated by city. I’ve put all the cities that have Goyard stores below and their corresponding sales tax in case you want to do your own calculations. But for this blog, I’m going to use Beverly Hills’ sales tax since that’s my local store.
U.S. Goyard Locations with City Sales Tax
- Bal Harbor (Miami Area): 7%
- Beverly Hills (Los Angeles Area): 9.5%
- Chicago: 10.25%
- Dallas: 8.25%
- New York: 8.875%
- San Francisco: 8.625%
Example #1: St Louis PM
U.S. True Price: $1,620 + 9.5% Sales Tax (Beverly Hills) = Approx. $1,774
Singapore’s True Price: ~$1,781 – 6% VAT Refund (~$107) = Approx. $1,674
Which is Cheaper: Singapore (by $100 USD)!
Example #2: Artois MM
U.S. True Price: $2,540 + 9.5% Sales Tax (Beverly Hills) = Approx. $2,781
Singapore’s True Price: ~$2,787 – 6% VAT Refund (~$167) = Approx. $2,620
Which is Cheaper: Singapore (by $161 USD)!
Overall, Singapore comes in cheaper if you were to calculate all of the sales tax and VAT refunds. This is SHOCKING! I thought for sure Singapore would still be more expensive. This definitely has me looking at Singapore now as a place to shop especially if inventory is out in the U.S., France, or Japan. I went to Japan’s Goyard store in the beginning of December 2023 and they were almost all out of EVERYTHING.
Conclusion
If you find yourself in Singapore and are looking to buy a Goyard bag, I would definitely stop by. The line is super short and the inventory is plentiful. Also, it looks like after everything is calculated (please keep in mind that I did not account for customs), Singapore still came in cheaper. Hopefully this helps you on your Goyard purchasing journey!
JoAnn
I’d be interested in a Malaysia comparison too! My understanding is that folks will travel and purchase in Malaysia over Singapore, but there is so limited info on it! Thank you for this post!
Luxury Lowdown
Hi! Yes, I heard a lot of people from Singapore go to Malaysia. I was actually there just last week but unfortunately there’s no Goyard in Malaysia.