8 Places To Shop Engagement Rings Under $1,500 In Singapore

Affordable engagement rings in Singapore

In Singapore, applying for a BTO is basically the unofficial engagement move. But realistically speaking, a sparkly ring makes it official-official. And while engagement rings can cost a bomb, you don’t need to drop a small fortune to find one that’s meaningful and gorgeous. 

We’ve rounded up places in Singapore where you can shop affordable engagement rings under $1,500. From local jewellers to minimalist brands and custom pieces, there’s something for every couple and budget. Before we get into the list, read on for a quick guide on what to look out for when choosing an engagement ring. 

What’s the difference between an engagement ring and a wedding band? 

Not sure why there are two rings involved? You’re not alone. It’s pretty common for couples to have both an engagement ring and a wedding band. They just come into play at different stages of the love story.

The engagement ring is typically the one that’s presented during the proposal. It’s usually the flashier one, often featuring a centre diamond or gemstone and more intricate designs. 

The wedding band, on the other hand, is exchanged during the wedding ceremony itself. It’s usually more understated: a simple metal band or something subtle with small diamonds or gems. Some people choose to wear both rings stacked together, while others keep it minimal post-wedding with just the band.

The 4Cs: Guide to choosing a diamond ring 

When shopping for a diamond ring, the first thing you need to know is the 4Cs, AKA the golden rule of diamond shopping. This internationally recognised grading system was founded by the Gemological Institute of America (GIA) and is used to evaluate a diamond’s quality and value. 

The 4Cs stand for Cut, Colour, Clarity, and Carat Weight. Each one plays a role in how your diamond looks, sparkles, and ultimately, how much it costs. Understanding the 4Cs will help you find a stone that fits both your vibe and your budget.

4Cs	What it measures	Why it matters	Grading scale	Pro tip
Cut	How well a diamond is cut and how it reflects light	Affects sparkle, brilliance, and overall beauty	Excellent, Very Good, Good, Fair, Poor	Prioritise cut for maximum sparkle, even over carat size
Colour	The absence or presence of colour in a diamond	Colourless diamonds are rarer and valuable	D (colourless) to Z (light yellow/brown)	While colourless diamonds can cost a lot more, near-colourless diamonds (G-J) offer great value and look white to the eye
Clarity	The number and size of internal or external flaws	Fewer inclusions mean better quality and value	Flawless to Included (e.g. FL, IF, VVS1, SI1, I1)	Most inclusions aren’t visible without magnification. You don’t have to overpay for perfection
Carat	The physical weight of the diamond	Larger diamonds are rarer and often more expensive	Measured in carats (1 carat = 200mg)	Balance carat weight with cut and clarity for the best visual impact

What are the alternatives to diamonds? 

While natural diamonds are the go-to for most traditional proposals, more couples today are turning to alternatives like gemstones and lab-grown diamonds. The reason can vary, either for the price, the meaning, or just to do things a little differently. Here’s a quick breakdown to help you decide which one’s right for you:

Natural Diamonds

Pros: Timeless and classic, diamonds are known for their sparkle, brilliance, and extreme durability. They’re the hardest natural material, after all. They also tend to have a strong resale value.

Cons: They’re usually the most expensive option, and come with ethical and environmental concerns due to traditional mining practices.

Lab-Grown Diamonds

Pros: Lab-grown diamonds are chemically and visually identical to natural ones, but are significantly more affordable. They’re also eco-friendly and come from traceable sources, often certified by reputable labs.

Cons: Resale value is lower, and some people still view them as less “romantic” because they’re man-made. However, that mindset is quickly changing as more younger couples are placing more importance on sustainability. 

Gemstones 

Pros: From sapphires and rubies to aquamarines and morganites, gemstones offer vibrant colour, uniqueness, and personal symbolism. Many are more affordable and can feel extra special, especially when it has a unique meaning to you and your loved one. 

Cons: Durability varies, and softer stones can scratch or chip more easily. They’re also seen as less traditional, and resale value can be unpredictable.

Where to buy affordable engagement rings in Singapore 

1. Michael Trio 

Source: Michael Trio

Michael Trio is a go-to for budget-friendly engagement rings that still look high-end. This homegrown jewellery brand specialises in engagement rings and wedding bands, with a wide variety of settings and customisation options to match your taste and budget.

You’ll get to choose from 16 metal options—including 14K/18K gold, platinum, 925 silver, and even 18K gold or rose vermeil—with settings starting from $545. Classic designs like the Knife Edge or Elle Solitaire offer timeless elegance without breaking the bank.

Once you’ve picked your setting, you can build your dream ring by choosing from a range of natural diamonds, lab-grown diamonds, coloured diamonds, or gemstones. Prices start from $296 for a 0.24ct natural diamond, or $413 for a 0.30ct lab-grown diamond. 

We know that buying an engagement ring is a once-in-a-lifetime event, and you would want to get it right. Book a free consultation online or at one of their showrooms at Tanjong Pagar, JEM, Tampines 1, or Wisma Atria. Their experts will guide you through a ring that’ll guarantee an “I do.” 

Website 

2. Venus Tears

Disney Little Mermaid bridal ring collection.
Source: Venus Tears

If Japan holds a special place in your love story, you’ll want to check out Venus Tears. This jewellery brand brings in bridal rings straight from Japan, with elegant craftsmanship and fine details that feel extra special. 

Engagement ring settings here start from $899, and all their diamonds are GIA-certified, so you’ll get a proper certificate breaking down the diamond’s 4Cs. As for the stones themselves, prices start at just $499 for a 0.20 carat diamond and go all the way up to $48,000 for over 1 carat. 

Most couples can expect to get a full ring here from around $1,300 total, but if you’re a Pokémon fan, they’ve also got a limited edition collection (from $2,499) featuring subtle designs of Pikachu and friends. They’ve also got collections inspired by Disney movies like Beauty and the Beast, Cinderella, and The Little Mermaid for your princess moment. 

Website

3. Temple & Grace

Source: Temple & Grace

Not everyone dreams of a diamond. If you’re the type who prefers something a little more unique and personal, Temple & Grace might just be your vibe. This boutique jeweller offers a stunning range of gemstone engagement rings, with prices starting from $1,011 for a simple yet classy Drop Set Sapphire Ring.

You’ll find a variety of precious gemstones here, including sapphire, ruby, tanzanite, and green sapphire, all available in luxe finishes like 18K white, yellow, rose gold, or platinum 950.

Can’t make up your mind between a diamond and a gemstone? They’ve also got cluster and halo styles, where your centre gemstone is framed by tiny diamonds. You get the best of both worlds.

And don’t worry if you’re lost, simply book a free appointment online or at their Singapore showroom at Orchard Rendezvous Hotel. 

Website

4. Linjer

Source: Linjer

Linjer is a game-changer for low-key bride-to-be’s, or just couples who want to save more for the actual wedding. This Hong Kong-based brand is known for its minimalist fine jewellery, but did you know they also carry super affordable engagement rings, some for under $200?

Linjer’s rings are sustainably made, using 100% recycled gold and silver, and all their diamonds are ethically sourced, ideal for girlies who want their bling to match their values. Style-wise, they’re totally on point too, with sleek, timeless designs that won’t go out of trend.

You can get a White Topaz Ring in gold vermeil for just $72, or go classic with the Solitaire Diamond Ring in 14K yellow gold ($845). The latter is a popular choice for those who want an affordable diamond ring. It features a 4mm round diamond in a prong setting: simple, elegant, and effortlessly chic. 10/10 for it being an eco-conscious option without maxing out your budget.

Website

5. Bespoke by Tessellate

Source: Bespoke by Tessellate

It’s all in the name—Bespoke by Tessellate is all about creating a one-of-a-kind engagement ring that’s uniquely yours. Maybe you already have a dream design in mind and want help bringing it to life. The process is simple: choose a design, pick your gemstone, and work with their team to personalise every detail.

From coloured gems like sapphires, morganites, tourmalines, and aquamarines, to lab-grown diamonds and moissanite, there’s something for every style and budget. If you didn’t already know, moissanite is a diamond simulant that mimics the sparkle of a real diamond. So, you’ll get the glam without the hefty price tag.

Some of their popular designs include the Teal Sapphire Tiara setting, which starts at $1,400, and the elegant Filigree setting, priced at $1,200 for moissanite or $2,000 for a lab-grown diamond.

With over 1,000 custom rings crafted, Tessellate’s team knows how to turn Pinterest dreams into real-life bling. You can even WhatsApp them directly to chat with a designer who’ll guide you through the process from start to finish

Website

6. Novita Diamonds

Source: Novita Diamonds

For those specifically looking for lab-grown diamonds, Novita Diamonds should be on your radar. They’ve got the largest collection of premium lab-grown diamonds in Singapore, with over 400 stones in stock.

Located in Orchard, Novita offers a wide range of timeless and trending ring styles, including classic solitaire, three-stone, toi et moi, vintage, and pavé settings, with prices starting from just $879 for the setting alone. Diamond prices start as low as $371 for a 0.38ct D/VVS2 round cut.

Need something ASAP? They’ve got ready-to-ship rings from $1,752, perfect if you’re on a tight timeline or planning a surprise proposal.

With showrooms across 8 countries, including Australia, Hong Kong, KL, London, and Frankfurt, Novita’s global presence is a testament to their quality and trustworthiness.

Website

7. ZCOVA 

Source: ZCOVA

Some couples might rethink the whole diamond ring tradition because of ethical concerns. But try looking at businesses like ZCOVA. This Malaysian jeweller specialises in ethically sourced mined and lab-grown diamonds, working only with suppliers who follow the Kimberley Process, a global initiative that ensures diamonds are conflict-free and transparently sourced.

Each ring is handcrafted in Malaysia, and if you’re nearby, you can visit one of their physical stores in Kota Damansara, Johor, Penang, or Ipoh. If not, the team is also fully equipped for online consultation and custom orders. Plus, they offer free global shipping. 

Design-wise, ZCOVA keeps things simple and timeless, with ring settings starting from $473.24, available in white gold, yellow gold, rose gold, or platinum. As for diamonds, prices start at just $209.30 for a 0.31ct stone. So, you can get a ring from just $682.30. 

ZCOVA website 

8. SK Jewellery 

Source: SK Jewellery

SK Jewellery really needs no intro. Founded in 1991, the brand has been a mainstay in Singapore’s jewellery scene for over 30 years, with a solid presence in Malaysia too. While it might have once been seen as a bit more old-school, don’t let that fool you. They’ve got a great mix of modern and classic designs that still feel timeless today.

Thanks to their long-standing reputation, you know you’re in safe, trusted hands when ring shopping here. SK’s collection of eternity rings, in particular, is worth checking out. Each one is crafted with a continuous band of diamonds or gemstones.

While their traditional diamond engagement rings start from around $2,000, you can also find more affordable options from $339, like the Pure Beauty Lux 10K Diamond Ring. This dainty piece features a trio of round-cut lab-grown diamonds set on a rope-inspired white gold band. It’s chic enough for daily wear, yet also meaningful to show your commitment to your person. 

SK Jewellery website 

Affordable engagement rings in Singapore

We hope we’ve proven to you that saying “I do” doesn’t have to be an expensive affair. At the end of the day, what matters more is your commitment to one another. Whether you opt for a classic diamond in your carat of choice or a more unique option like gemstones, you’re bound to find one that’s the right fit. 

Also read:

10 Women In Singapore Share The Price Of Their Engagement Rings, From $990 to $12K

Cover Image: ZCOVA, Novita Diamonds, Venus Tears