I doubt they can command that kind of mark up though, we’ve seen how the BB58 black and blue has performed, where some grey dealers tried to raise it to upwards of even rm18k! End up dropping - and I’ve seen some grey slashing to rm14k+ that is close to retail.
Unless there is global demand and a trend to drive this, I doubt the local market alone can drive these prices up. But I stand corrected la...since there are a lot of speculators too waiting to park their investments in watches for a hopeful bigger yield - not wrong in itself. I for one am happy some of my pieces have appreciated, but at the same time disheartened because I can’t get those I actually want at retail for such brands (Rolex, AP RO, Etc).
Anyway, buy what we are willing to use, and not just as a safe-queen - is my mantra. (This topic seems to be recurring in many threads like a broken record lol)
Cheers