Don't say that Singaporeans aren't romantic — local lovebirds are considered the third biggest Valentine's Day spenders in Asia Pacific.
The recently released MasterCard Love Index surveyed nearly 9,000 people from 17 markets across Asia Pacific concerning their spending plans for V-day this year, with 447 of them being from Singapore.
How much cash would Singaporeans be willing to fork out on gifts on Feb 14? An average of $263, according to the survey, with lovers in Hong Kong ($338) and China ($332) spending more for love.
This correlates with the finding that folks in China and Hong Kong are more willing to buy a gift this Valentine's Day, as compared to Singaporeans. Only 58 percent of respondents in Singapore plan to do so — lower than China's 72 percent and Hong Kong's 65 percent.