Malaysia Watch Forum

Main Forums => General Discussion - Modern Watches => Topic started by: spayre on September 25, 2018, 09:51:31 PM

Title: Rolex to increase the price 5-8% by Oct?
Post by: spayre on September 25, 2018, 09:51:31 PM: As reported by some youtubers and forum, Rolex is rumored / confirmed to increase their prices by 1st Oct. Anyone who is close with their AD would be able to confirm this?
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: mongourou on September 26, 2018, 06:03:40 AM: Again? What a surprise....

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Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: ethan89 on September 26, 2018, 08:11:45 AM: Local AD already increased 3%-5% after implementation of SST, mostly 3%.
Accordingly, the increment is not the consequences of SST, but their supplier (ROLEX).
So the news is true, local AD might increase the price again during OCT due to SST, or not.
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: koryong on September 26, 2018, 09:11:27 AM: ::) ... another one of these rumors .... history has already taught us nobody ever knows what and when Rolex would do anything ....

The ADs know squat about what Rolex would do. If they happen to be right this time, it's purely a coincidence.
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: dommie85 on September 26, 2018, 10:34:21 AM: Probably the increase is due to our currency weakening...
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: andy99 on September 26, 2018, 02:52:36 PM: Always and only go up up up XD
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: billyhii8505 on September 26, 2018, 03:15:37 PM: To be honest.. even increase also none of our business.. can’t even get any chance to get any sport model from AD anyways.. stick to the premium will do

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Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: spayre on September 26, 2018, 09:36:56 PM: Just adding some video links that speaks on the price increase

https://www.youtube.com/watch?v=LfqPePe7bcA (https://www.youtube.com/watch?v=LfqPePe7bcA) <-- ArchieLuxury

https://www.youtube.com/watch?v=KXwKa5NqEl0 (https://www.youtube.com/watch?v=KXwKa5NqEl0) <-- Bark and Jack

https://www.youtube.com/watch?v=RiVCux2JQFQ (https://www.youtube.com/watch?v=RiVCux2JQFQ) <-- Kratz Man
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: mongourou on September 27, 2018, 12:45:22 PM: From what I read, only UK was mentioned. Let’s wait few more days to see if I definitely give up on the idea of buying a brand new Explorer II.

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Title: Rolex to increase the price 5-8% by Oct?
Post by: chfoong on September 27, 2018, 07:16:03 PM: Quote from: KYtime on September 26, 2018, 09:11:27 AM
... another one of these rumors .... history has already taught us nobody ever knows what and when Rolex would do anything ....

The ADs know squat about what Rolex would do. If they happen to be right this time, it's purely a coincidence.
Cannot agree more. And if anyone speculates it long enough, it will eventually become true anyway lol

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Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: yehlai on September 27, 2018, 10:05:59 PM: This fucking 8% is nothing compare to the premium I paid
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: spayre on September 27, 2018, 10:21:28 PM: but if the retail price increases, wont it also increase the price in the grey market?
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: epsilon82 on October 01, 2018, 10:26:11 AM: So the of Rolex watches price increase? Anyone here can confirm?

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Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: ethan89 on October 01, 2018, 10:28:15 AM: Quote from: epsilon82 on October 01, 2018, 10:26:11 AM
So the of Rolex watches price increase? Anyone here can confirm?

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Confirmed, Increased.
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: epsilon82 on October 01, 2018, 10:29:42 AM: Quote from: ethan89 on October 01, 2018, 10:28:15 AM
Quote from: epsilon82 on October 01, 2018, 10:26:11 AM
So the of Rolex watches price increase? Anyone here can confirm?

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Confirmed, Increased.

How many percent increase? Tudor also increased? Thanks

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Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: ethan89 on October 01, 2018, 10:35:08 AM: Quote from: epsilon82 on October 01, 2018, 10:29:42 AM
Quote from: ethan89 on October 01, 2018, 10:28:15 AM
Quote from: epsilon82 on October 01, 2018, 10:26:11 AM
So the of Rolex watches price increase? Anyone here can confirm?

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Confirmed, Increased.

How many percent increase? Tudor also increased? Thanks

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3% to 5%, varies from AD to AD, discount 5% - 7% (ladies watches, datejust, etc). Tudor nope.
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: epsilon82 on October 01, 2018, 11:12:00 AM: Quote from: ethan89 on October 01, 2018, 10:35:08 AM
Quote from: epsilon82 on October 01, 2018, 10:29:42 AM
Quote from: ethan89 on October 01, 2018, 10:28:15 AM
Quote from: epsilon82 on October 01, 2018, 10:26:11 AM
So the of Rolex watches price increase? Anyone here can confirm?

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Confirmed, Increased.

How many percent increase? Tudor also increased? Thanks

Sent from my iPhone using Tapatalk
3% to 5%, varies from AD to AD, discount 5% - 7% (ladies watches, datejust, etc). Tudor nope.
Thanks

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Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: yippie123 on October 01, 2018, 08:17:48 PM: Quote from: ethan89 on October 01, 2018, 10:28:15 AM
Quote from: epsilon82 on October 01, 2018, 10:26:11 AM
So the of Rolex watches price increase? Anyone here can confirm?

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Confirmed, Increased.

No further price increment after 3% increased on 5th of September ... Or i have missed something here?
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: spayre on October 01, 2018, 08:23:21 PM: What is confirmed that rolex UK has increased the prices. New "adjusted" price can be seen on the rolex UK site. Among the reason of the increase
1. UK is still the cheapest place to get a rolex (especially if you are a tourist)
2. Brexit
Source: https://youtu.be/z0TrX0YGljk

Now the question is since malaysia did had a price adjustment due to SST, will it follow the price adjustment that rolex UK did?
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: r3kahsttub on October 02, 2018, 07:39:56 AM: For us here in Malaysia, Rolex has price adjusted, up another 3%.

So 3% from SST and now another 3% price increase. I think this brings the price to slightly higher than GST prices, but only by a little bit.
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: yippie123 on October 02, 2018, 07:42:13 AM: Quote from: r3kahsttub on October 02, 2018, 07:39:56 AM
For us here in Malaysia, Rolex has price adjusted, up another 3%.

So 3% from SST and now another 3% price increase. I think this brings the price to slightly higher than GST prices, but only by a little bit.

Oh. When was it adjusted ? I was at SWG yesterday and been told no adjustment
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: r3kahsttub on October 02, 2018, 08:21:47 AM: Looking at your response, I reached out to check with another AD and its odd -- one AD told me price go up 3% and another AD told me no extra 3% since Sep 2018.
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: ethan89 on October 02, 2018, 08:38:14 AM: Quote from: r3kahsttub on October 02, 2018, 08:21:47 AM
Looking at your response, I reached out to check with another AD and its odd -- one AD told me price go up 3% and another AD told me no extra 3% since Sep 2018.
Same group? Asked several AD (THG) and all said increased 3%, their current retail price already reflected the 3% increment.

Unsure about SWG and Cortina though.
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: yippie123 on October 02, 2018, 09:18:04 AM: Quote from: ethan89 on October 02, 2018, 08:38:14 AM
Quote from: r3kahsttub on October 02, 2018, 08:21:47 AM
Looking at your response, I reached out to check with another AD and its odd -- one AD told me price go up 3% and another AD told me no extra 3% since Sep 2018.
Same group? Asked several AD (THG) and all said increased 3%, their current retail price already reflected the 3% increment.

Unsure about SWG and Cortina though.

Yes it was up on 5th of September but not in October. At least for now
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: flatcap200 on October 04, 2018, 07:10:45 PM: Yup. Got the same info from AD. 3% since Sep.

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Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: Stv77 on October 29, 2018, 01:19:16 PM: keep increase rolex price , can buy a AP already
Title: Re: Rolex to increase the price 5-8% by Oct?
Post by: dcssb on October 31, 2018, 06:02:53 PM: Not surprised if Rolex increased its price for all their models here in Malaysia. Probably it is due to currency exchange (and SST). Even if there is going to be exemption of SST, the price of Rolex watches will still be increased. Just wonder, if the RM currency exchange is better, will the price decrease? Hopefully this happens, but not likely.