The 31-year-old model is currently in Australia for the reality show 'I'm a Celebrity...' and her cage fighter boyfriend plans to surprise her with a lavish engagement ring when she leaves the show, Contactmusic reported.
"I'm definitely asking her to marry me and I'm convinced she's going to say yes. I might pop the question on TV," said Reid.
Reid, 34, is confident that the mother of three is going to be glad about the surprise proposal.
"One idea is I make the proposal in front of cameras on the show, but whatever happens, I know this is right. I've never felt this way before. I'm convinced Katie's going to feel the same way. I know what we're like when we're together.
When I'm with Katie it's full-on 24/7," said Reid.
Price has recently divorced her husband of three and a half years Peter Andre and has been dating Reid since July.
"She ended the Pete chapter of her life in that jungle. Now it's time for her to start a new fairytale. But this time I think it'll go the distance," Reid said.
He also has grand plans about the ring he is going to buy for Price.
"Katie has very delicate hands and very specific tastes. I've picked out a design of a pink diamond in an ornate setting. It will be a ring fit for the princess she is," said Reid.
