Gucci Bags Singapore Price List 2024

Below is a table comparing the prices of Gucci handbags in Singapore and Europe in 2024, including the price after VAT refund if purchased from Italy.

Handbag ModelPrice in Singapore (S$)Approx. Price in Singapore (EUR)Price in Europe (After VAT Refund)Price Difference (EUR)
GG Marmont Matelassé Mini BagS$3,150€ 2,122€ 1,639€ 483
GG Marmont Small Shoulder BagS$3,800€ 2,560€ 1,886€ 674
Jackie 1961 Small Hobo BagS$3,950€ 2,658€ 2,296€ 362
Horsebit 1955 Small Shoulder BagS$3,950€ 2,658€ 2,296€ 362
Diana Small Tote BagS$5,200€ 3,500€ 2,706€ 794

Summary:

  • GG Marmont Matelassé Mini Bag: €483 more expensive in Singapore after VAT refund.
  • GG Marmont Small Shoulder Bag: €674 more expensive in Singapore after VAT refund.
  • Jackie 1961 Small Hobo Bag: €362 more expensive in Singapore after VAT refund.
  • Horsebit 1955 Small Shoulder Bag: €362 more expensive in Singapore after VAT refund.
  • Diana Small Tote Bag: €794 more expensive in Singapore after VAT refund.

The calculations for the price in Europe after the VAT refund assume a standard VAT rate of 22% in Italy and a refund rate of approximately 15-16% of the retail price. The actual refund amount can vary slightly based on the VAT refund provider and any applicable fees.