SINGAPORE – It is not an everyday event to see a 31.82-carat Colombian emerald. But this rare gem – priced at US$1.5 million (S$2.01 million) – is among the many treasures waiting to be discovered at the Singapore International Jewelry Expo 2023.

The event, which is on till Sunday and is now in its 18th edition, is showcasing its largest number of exhibitors and exhibits to date.

More than 280 jewellers, designers, manufacturers and exporters from 28 countries are taking part in the show, bringing with them rare and collectible baubles worth more than US$200 million. They include the Colombian emerald, certified and described by GemResearch Swisslab as an important cushion-cut emerald, a rare distinction for gems worldwide.

There will be 61 Singapore brands on display.

Among the prestigious line-up is Simone Jewels, a renowned home-grown jeweller to the stars. Its creations have been spotted on many big names, such as British actress Emily Blunt and American pop icon Taylor Swift. The singer is rumoured to be a fan of its Rockstar Synth Unisex Ring (from $788) from its Jouer collection.

Local bespoke jewellery house Ivy Masterpiece is showcasing its vivid red spinel and diamond necklace that is set with 116.75 carats of Burmese spinels, which are painstakingly matched in colour, shape and size.

A report by market research company Mordor Intelligence has shown that Singapore’s luxury goods market is poised for a dazzling future, with a projected compound annual growth rate of 4.64 per cent from 2022 to 2027.

Mr Ronald Low, a gemologist at Ivy Masterpiece, believes that the upcoming increase of goods and services tax to 9 per cent in 2024 will motivate consumers to expedite their purchases, but will do little to curb the growth of luxury spending.

“Most investment pieces yield a higher return than a 1 per cent hike in price. Also, consumers understand they are paying for quality,” he says.

With so many exquisite pieces on offer, it may be difficult for buyers to spot a gem worth splurging on. 

Ms Simone Ng, founder and executive creative director of Simone Jewels, says it is important to understand the quality and craftsmanship of their selected jewellery.

“While price is only one indicator of value, rarity and desirability determine the potential future value,” she adds. “Long-term investment potential is determined by historical price performance and market demand.”

She advises consumers to always buy from reputable jewellers who have been in the industry for a long time. 

She says: “Ensure the jewellery piece is authentic and has proper documentation and after-sales service. A quick Google search on the brand will also help check the numerous non-paid endorsements it has received from other industry players and publications.”

Singapore International Jewelry Expo 2023
Where: Halls A & B, Sands Expo & Convention Centre, Marina Bay Sands, 10 Bayfront Avenue
When: Till Sunday. Friday and Saturday, 11.30am to 8.30pm; Sunday, 11.30am to 7.30pm
Admission: Free, register at sije.com.sg

Shine Bright Like a Diamond

Keep your eyes peeled for these noteworthy pieces at the Singapore International Jewelry Expo 2023.

Ivy Masterpiece’s Necklace with 18 Faceted Center Stones ($1.18 million)

This necklace is made with 18 cushion-shaped, vivid red spinels amounting to 116.75 carats.

Jouer by Simone Jewels’ Rockstar Synth Unisex Ring (from $788)

A favourite of pop megastar Taylor Swift, these rings are set in solid gold and diamond.

Dong Long Ju’s Sapphire Ring ($147,142)

This 23.73-carat unheated sapphire ring is set with white diamonds.

Guang Zhou Ein Stein Jewelry Co’s Phoenix Brooch ($40,120)

This brooch is set in titanium, spinels, pearls and diamonds.

Infiniti Jewels by Diastar’s Fancy Earrings ($250,000)

Featuring a pair of one-carat fancy light purplish-pink diamonds, the earrings are also set with pear-shaped white diamonds and round pink diamonds.

Vihari Jewels’ Vistara Brooch ($150,000)

This 18-carat white-gold brooch comprises 550 pieces of natural orange, blue, green and pink diamonds, as well as full cut white diamonds.

Jaipore Jewels’ Art Deco Diamond Bracelet with Emerald Highlights ($53,200)

This 15.23-carat diamond bracelet is accompanied by 1.88-carat emerald highlights.

CW Jewels’ Emerald Necklace ($150,000)

Showcasing a collection of 46 pristine octagonal Colombian emeralds and diamonds, this necklace dazzles with a combined carat weight of 46.72 carats.