Between now and 4th August 2016 SilkAir award redemptions booked online will receive a massive 50% discount! The only pieces of troublesome small print are that flights need to be taken by 31st October 2016, it only applies to Saver level awards and to selected destinations.
SilkAir is SQ’s regional wing so flights tend to only be a few hours long, maybe 4 to India at the outside, and do not tend to offer good value for award redemptions. However at these prices it makes sense to have another look.
Sale prices do not seem to be bookable yet, but SQ are advertising 10K miles for J to Koh Samui which compared to buying a ticket at $800 values miles at 8c, so these are pretty good value redemptions.
Let me know below if you find any particularly good value destinations.