IT'S not over yet, but it looks like this year's Great Singapore Sale (GSS) could be set to rack up some impressive customer spending figures.
A MasterCard survey of the sale's first month showed cardholders splashed out a total of $830.7 million - 49 per cent more than in the same period last year.
Experts told The Straits Times the rise could be due to the feel-good factor created by Singapore's buoyant economic performance and a positive outlook in the labour market.
The figures - which covered May 27 to June 25 - were only for MasterCard holders.
They showed the bulk of spending came from Singapore-based cardholders, with restaurants their top spending destination.
But tourists were also flashing the plastic. They spent $277.9 million - 43 per cent more than in the first month of last year's sale, with Americans, Malaysians and Australians leading the spending charge. The sale lasts until July 24.
A MasterCard survey of the sale's first month showed cardholders splashed out a total of $830.7 million - 49 per cent more than in the same period last year.
Experts told The Straits Times the rise could be due to the feel-good factor created by Singapore's buoyant economic performance and a positive outlook in the labour market.
The figures - which covered May 27 to June 25 - were only for MasterCard holders.
They showed the bulk of spending came from Singapore-based cardholders, with restaurants their top spending destination.
But tourists were also flashing the plastic. They spent $277.9 million - 43 per cent more than in the first month of last year's sale, with Americans, Malaysians and Australians leading the spending charge. The sale lasts until July 24.
