Apple AirTag Leather Key Ring retails for S$55 or if you are on Apple Corporate Employee Purchase Program (EPP), it cost S$49.22.
It is available in three colors, Baltic Blue, Saddle Brown, and Product Red.
The keyring and button are made from stainless steel, while the AirTag holder is made from specially tanned soft French leather.
Apple AirTag Leather Key Ring feels premium with the smooth leather edges and nice stitches, but whether it is worth S$55 is dependant on what you will be using it with.
I am using it with my car keys. So to me, it is worth the S$55 spent, as it adds a touch of luxury to my car keys.