More Bang For Your Buck: Spend Less For A Bigger Rock
Financial security has been the hot topic in recent years, forcing a shift in perception and priorities that may be deemed to be unconventional. Many are aware and cautious of how they utilise their time and where they spend their money.
It is not to say that the populace is against purchasing things outside of their necessities. The majority, millennials especially, divert most of their purchasing power to either novel experiences such as trips, or luxury items that cost cheaper than most.
In courtship and relationships, there has been a shift as well. Millennials are opting to have a smaller but intimate wedding as opposed to the previous generation; partly to curb the high costs that will be brought forward into their next stage in life.
Typically, this would also mean a cheaper and smaller ring. But this does not have to be you. With Star Carat, we’ll tell you why you don’t need to settle for less in order to attain a remarkable diamond.
Behold: The Magic of Lab Grown Diamonds
Lab grown diamonds have been in the market for quite some time, and while it is currently only worth 2 per cent of the entire consumer market for diamonds, they are undoubtedly leaving its mark. According to China Daily, the demand for lab grown diamonds is expected to grow at 22 per cent each year.
Lab grown diamonds are seen as an environmentally friendly and ethically sourced alternative to their mined diamond counterparts. Started as diamond seeds, they will eventually grow and mature into diamonds via two methods: High Pressure-High Temperature (HPHT) and Chemical Vapor Deposition (CVD).
These raw diamonds will then be brought to master craftsmen, who will then hand-cut and polish them according to the stringent diamond cutting standards under the International Gemological Institute (IGI). In fact, each Star Carat diamond comes with its own IGI certification to authenticate its remarkable value!
Compared to mined diamonds that will take billions of years to be formed under the Earth’s surface, lab grown diamonds are created artificially in a controlled environment in just a few weeks.
Its Unbelievable Price
You may think that a lab grown diamond is going to affect your bank account just as mined diamonds do, but perhaps, not as much. This, however, is a common misconception. Lab grown diamonds are priced at a substantially high price point but not as much as the latest iMac model. A 0.4 carat mined diamond that costs an average of SGD$3,000 can easily get you a 1 carat Star Carat diamond ring. This means that you pay almost 50% less for a 1 carat diamond ring, while getting a stone that’s 50% bigger in the process!
If it sounds too good to be true, you can be assured that our quality is not being compromised. All of Star Carat diamonds are IGI certified and pass all the requirements under the strict 4C grading. Furthermore, our diamonds are classified under Type IIA – a range of diamonds that constitute only 2 per cent of the world’s mined diamonds. The price tag not only guarantees a bigger diamond, but it also assures top-notched quality.
Having been in the jewellery business for 30 years, we have maintained our position within the industry by staying true to our vision. We strive to help you celebrate special moments and create unforgettable memories with your loved ones by providing you with diamonds of exceptional quality, all at an affordable price.
More Options For Your Every Dollar
At Star Carat, our smaller price point does not pose a limit to our diamond collection. We offer you some of the most brilliant engagement rings in Singapore, with an extensive range of cuts and carat weight for you to choose from. With such a wide range, don’t be surprised to find yourself spending a significant amount of time from merely choosing a ring of your liking!
By purchasing Star Carat’s lab grown diamond rings instead of the traditional mined ones, you’d be saving a significant proportion of your money. You could spend this money on building the foundations for your next stage of life – putting it aside for your house ownership or an investment plan for your future.
It is time to be aware of the options that will benefit us in the long run without missing out on the plausible picture-worthy moments. With Star Carat, you can easily check both boxes. Don’t hesitate to book an appointment with us today!