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The price of a Happy Valentine’s Day


PETALING JAYA: How much would you spend on your Valentine’s Day date?

RM700 may seem excessive to some, but according to a survey, that is that amount Malaysians are planning to fork out on Valentine’s Day gifts this year.

Although not as lavish as lovers in China, who are willing to spend almost RM1,380 on gifts, Malaysians still appear eager to celebrate the day of love, with almost two-thirds planning to go for a special meal (62%) and to treat their loved ones to gifts (63%).

These were some of the results from the MasterCard Consumer Purchasing Priorities survey, which polled consumers across the Asia Pacific.

 On the heels of China came Hong Kong, where people were willing to spend RM1,254 on gifts, and Taiwan, with lovers ready to shell out RM1,205.

Overall, men in the Asia Pacific planned to spend 25% more than women on gifts.

The rose still reigns as the symbol of love here with 27% of Malaysians saying they prefer flowers as gifts. However, diamonds are apparently still a girl’s best friend as other top choices include jewellery at 23%, with clothes and leather goods coming in at 22%.

Across Asia Pacific, men were seen favouring flowers as gifts (40%) while women said they preferred buying clothes and leather goods (20%).

Among both genders, the top three gifts were flowers (31%), clothes and leather goods (20%) and jewellery (17%).

While Valentine’s Day may be a day for love, though, it’s not necessarily one for marriage, as 64% of people in the Asia Pacific would not consider getting hitched on the day itself.

In contrast, romantics in Vietnam (76%), China (68%) and Taiwan (51%) believe it is the best day to propose or receive a marriage proposal.

Free Malaysia Today