Is Velocity almost defunct for long-haul business class rewards?

Flew SQ PE couple weeks ago SIN-MEL, didn't really rate it, for double points/cost, it's ok if have plenty points in ACC but it's only marginally better imo.
I agree, using points to book PE (whether VA or QF) is a bit of a waste of points.
 
I use VA points to book SQ PE if required, only during busy school holidays or Xmas -New Year break. SQ Y and J saver awards are very hard to find.

I just booked SQ PE SIN-BNE for 4 of us on 57.5k VA points (eqv 37.1k KF miles) each person for mid January as one of their flights are upgraded to A350 LH with PE. It works out much cheaper than booking at SQ direct (53.5k KF miles), and not much more than Booking Y on SQ direct (29k KF miles).

It certainly is much cheaper than buying ticket on cash during those peak period.
 
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As everyone on this thread knows the biggest issue is that you cannot book SQ awards with Velocity points until 332 days out while SQ releases awards at 355 days - these are snapped up (in J) within hours. So if you really want that SQ award seat you really need to transfer your Velocity points to SQ and book very early (of course it's more expensive in points but at least you get the seat you want). In more recent times even on the SQ site awards are scarce but they are there - you may need to be flexible on your final destination (in Europe) - e.g. forget MUC and ZRH but AMS, CPH and usually FRA even LHR are good options.
 

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