Buying a diamond ring in Hong Kong ..

[MrStewart]

Hi everyone,

I am going to buy an engagement ring in Hong Kong soon.
My budget is around 5000 USD (~38,000 HKD).
I have never dealt with diamonds before.. So that's why I decided to ask for help on this forum.

Could you please tell me what kind of ring I can get for such money in Hong Kong?
Say, if I want to get a 0.6~0.7carat gem with excellent cut and white gold setting - what will the price be about?

If possible, could you also give me an idea of reputable jewellery stores there?

Thank you!

 

[GreenBling]

Chow Tai Fook, Chow Sang Sang are reputable. but because of the high rent, their pricing is very high nowadays.

 

[Dancing Fire]

Look for a GIA graded stone and then post the lab report here.

 

[myohmy]

While not knowing how's HK's loose diamond prices compare to US, quite a few of my friends bought loose diamonds in US and have them set in HK.

 

[MrStewart]

Thank you for your replies.

Well, first, I cannot get stone or ring in USA or Canada due to some personal reasons; I need to buy it in Asia, so Hong Kong is the best choice, as I understand.

Look for a GIA graded stone and then post the lab report here.

By the way, should I look for a laser inscription on the stone? Do all GIA graded stones have such inscription?

 

[diamondloveaffair]

Where are you based?

 

[MrStewart]

Where are you based?

South Korea.

 

[GreenBling]

The two chains that i suggested are safe bet. They are reputable and everything has a price tag so you won't have to worry about being cheated. Do expect price to be a lot more than buying online though it would still be cheaper than Tiffany. Diamonds smaller than a carat is usually sell as a ring. Settings are a lot cheaper here (~$600 for solitaire). Yes, ask to see the GIA certs which they would be happy to provide. They carry a lot of D IF stones which they would probably reommend. Dont be shy to ask for G/H/I VS/SI stones. Good luck.

 

[CharmyPoo]

Are you willing to go to Singapore? There is a highly reputable jeweler named Paul who deals with ideal cut stones.

In Hong Kong, you can try Bees Diamond.

 

[CharmyPoo]

This is the Singapore vendor:
http://jannpaul-diamonds-paul.blogspot.com/
http://www.jannpaul.com/

This is the Hong Kong vendor:
http://www.beesdiamonds.com
https://www.facebook.com/beesdiamonds