This increase is inevitable. Singapore Rolex did not increase their prices for 3 straight years already. Last time they used to increase it yearly, i even remembered one particular year they even increased it 2 or 3 times. Thankfully the increase is not that big. Comparatively, Rolex prices in Europe had a big increase of around 10% earlier this year in Feb while Singapore didnt increase at all.
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Oct 2015 Rolex Price Increase
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Rolex Spore increase prices coz of Rolex Hongkong complains. Due to currency exchange rate, a lot of brokers came to spore to buy a lot of solid gold watches, hence Hongkong rolex made a complaint...hence... that's why there's a sudden increase of prices which many retailers don't have the chance to stock up b4 the price increase.
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Since March this year, Singapore shops have already been selling those popular sports models at a premium, higher than retail price. They have already "upped" their selling prices earlier this year. Now, with this price increase, maybe their premium will be even higher? I think this price increase is because of the weakening Singapore dollar.
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when retails are selling at premium price in march, its becoz of rumors from news, newspaper and customers when they see the exchange rate of CHF...so they thought rolex is gonna increase the prices due to the CHF.. so when customers rushes to buy watches, retails saw the chance to increase the price themselves due to the demand....that's all...
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Just left an AD - is 3% for a DJ.
Huat!Current pieces:
Tag Heuer Pilot Chronograph
Tag Heuer 2000
Evant Tropic Diver Bronze Green
Le Jour Mk I - 001
IWC Portuguese 7-Days
PAM 104
PAM 233
PAM 716
Rolex 16570 (Polar)
Rolex 16234
Rolex 116900 (Air-King)
Rolex 114060
Several Seiko New & Vintage
Wish-list 2018:
More Seikos
Rolex 126710BLRO (GMT2)
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