I wouldn't be too worried about the price increase - it is less than 3%. Other watch companies have had similiar price increases (for e.g., Sinn, Omega, Panarei). Rolex is a brand that would increase in value over time and not many other Swiss brands can claim that. However, you need to have holding power.
In today's economic climate, it might be an alternative investment to balance out your portfolio, plus you get to enjoy it at the same time (if you wear it)! From one prospective, Rolex is helping Rolex owners to keep the value of the watch with annual price increases! I am of coz, one happy owner!
I think the old birds can verify if the rollies they bought years ago broke even or sometimes was sold higher than their initial price today.
Anyway, here's what I got from TRF:
Explorer - US$5,050 / SGD$7,560 Explorer II - US$5,925 / SGD$8,870 Sub 14060m - US$5,450 / SGD$8,158 Stainless Steel Sub Date - US$6,000 / SGD$8,982 Stainless Steel Sub Date LV - US$6,400 / SGD$9,580 Two-Tone Sub - US$9,300 / SGD$13,922 Sea-Dweller 16600 - US$6,400 / SGD$9,580 DeepSea SD - US$9,250 / SGD$13,847 Stainless Steel GMT II C - US$7,000 / SGD$10,479 Two-Tone GMT II C - US$10,350 / SGD$15,494 Stain Steel/Platinum YatchMaster - US$9,450 / SGD$14,146 Milgauss - US$6,200 / SGD$9,281 Milgauss GV - US$6,575 / SGD$9,843 Stainless Steel Daytona - US$9,925 / SGD$14,858
Based on 1 U.S. dollar = 1.497 Singapore dollar (as of 22 Oct 08)
Disclaimer: I have not checked with Rolex Singapore with the post-1st Oct prices to verify the prices above. Our local SG A.Ds. may still be using the old price list. It is likely the new prices will have effect after all the old stocks are sold out, probably by end of the year.
Last edited by wind128; 23-10-08, 01:23 AM.
Reason: update new prices based on us-s'pore exchange rates
hi i am new, now have gmt mastr 2,expoler 2 black ,both m series,now thinking to get deep sea ,any bro knw where best buy,and is this worth buying,or the datona steel black face better,thks
I wouldn't be too worried about the price increase - it is less than 3%. Other watch companies have had similiar price increases (for e.g., Sinn, Omega, Panarei). Rolex is a brand that would increase in value over time and not many other Swiss brands can claim that. However, you need to have holding power.
In today's economic climate, it might be an alternative investment to balance out your portfolio, plus you get to enjoy it at the same time (if you wear it)! From one prospective, Rolex is helping Rolex owners to keep the value of the watch with annual price increases! I am of coz, one happy owner!
I think the old birds can verify if the rollies they bought years ago broke even or sometimes was sold higher than their initial price today.
Anyway, here's what I got from TRF:
Explorer - US$5,050 / SGD$7,560 Explorer II - US$5,925 / SGD$8,870 Sub 14060m - US$5,450 / SGD$8,158 Stainless Steel Sub Date - US$6,000 / SGD$8,982 Stainless Steel Sub Date LV - US$6,400 / SGD$9,580 Two-Tone Sub - US$9,300 / SGD$13,922 Sea-Dweller 16600 - US$6,400 / SGD$9,580 DeepSea SD - US$9,250 / SGD$13,847 Stainless Steel GMT II C - US$7,000 / SGD$10,479 Two-Tone GMT II C - US$10,350 / SGD$15,494 Stain Steel/Platinum YatchMaster - US$9,450 / SGD$14,146 Milgauss - US$6,200 / SGD$9,281 Milgauss GV - US$6,575 / SGD$9,843 Stainless Steel Daytona - US$9,925 / SGD$14,858
Based on 1 U.S. dollar = 1.497 Singapore dollar (as of 22 Oct 08)
Disclaimer: I have not checked with Rolex Singapore with the post-1st Oct prices to verify the prices above. Our local SG A.Ds. may still be using the old price list. It is likely the new prices will have effect after all the old stocks are sold out, probably by end of the year.
I think somewhere in the world, there are some SDs not sold out yet by the ADs, which is why the price list still includes SD and DSSD.
Rolex should know where these ADs are, since they supposed to keep track of sales every month or quarterly.
My take is that it takes a while for all SDs to completely get off the shelves. Why? For every ten Subs sold, maybe only one SD gets sold. Subs are very popular and well-known; Mr. Bond wears a Sub, but not SD. So the SD is not a watch that is meant for everyone. It has a lot of disadvantages: heavier, no cyclops due to an extra 3mm of sap-glass, has an extra mechanism and pressure resistance that you would never use if you don't go for diving, costs more than a Sub (US$400), not easy to find buyer in resale market, discontinued series, and worst of all, you don't see many people wearing it - nobody knows you wearing a Rolex coz no cyclop, only you know.
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