Post by: tztong on December 01, 2015, 09:44:09 PM
Any store which can have better price? Is it a good time to purchase the watch now as the depreciation of RM is too.......
is it worth to buy a rolex watch? the depreciation of rolex watch seems also quite serious.
Thank you for you precious opinions.
Post by: mikeylacroix on December 02, 2015, 03:48:10 AM
like what u buy
Post by: Narco on December 02, 2015, 05:19:26 AM
Post by: CKL1213 on December 02, 2015, 07:42:34 AM
buy NOW
Post by: D'Andy on December 02, 2015, 11:31:57 AM
buy what u like
like what u buy
Mikey got that Right to the very Tee. In any case, Rolex is as good as cash in most countries, if you ever had an urgent need for cash (just saying). Can't say the same for other watches, although some could cost as high as or higher than Rolex, thanks to the latter's marketing, branding and history. So buying a Rolex makes good sense actually IMHO; plus the 116610LV is considered as a more premium SubD compared to the LN, so you can't stray too wrong with the choice.
Post by: Timeless on December 02, 2015, 12:44:00 PM
Post by: Kesharoo on December 02, 2015, 02:02:29 PM
I thot the hulk with premium comes to about 40k, at least that's what was quoted to me at 2 ADs. So 35k seems ok to me.
Post by: nikfs1881 on December 02, 2015, 03:43:46 PM
Sent from my iPhone using Tapatalk
Post by: antoniosaprozeld on December 02, 2015, 04:30:36 PM
Sent from my SM-G900F using Tapatalk
Post by: asimo on December 02, 2015, 06:37:12 PM
the price of rolex keep increasing every year, just buy at the time you think you are ready for it.. and never look back..
you are a lucky guy, to have budget of RM35K for 1st rolex :thumbsup:
Post by: CKL1213 on December 03, 2015, 07:44:50 AM
your AD give you RM 35,000 then buy it lor
Post by: Conscript on December 03, 2015, 07:48:10 AM
Post by: Kent3888 on December 03, 2015, 08:07:17 AM
Wish I could get the hulk for my wife :Praying:
Post by: keanewoon on December 03, 2015, 10:00:16 AM
Sent from my iPhone using Tapatalk
Post by: Kent3888 on December 03, 2015, 11:19:08 AM
Post by: tztong on December 03, 2015, 10:21:36 PM
Post by: Kent3888 on December 03, 2015, 10:32:27 PM
Post by: CKL1213 on December 04, 2015, 06:06:16 AM
Post by: Frogman on December 04, 2015, 06:41:25 AM
Post by: Kent3888 on December 04, 2015, 06:52:01 AM
Yeah let us know which AD, sharing is caring, we might as well drop by the AD to make sure the LV is safe and not being bought by other people
LOL..... we help to secure it first better than drop it other hands
Post by: blue605 on December 04, 2015, 10:32:15 AM
Post by: Conscript on December 04, 2015, 12:25:39 PM
Post by: dennis.T on December 04, 2015, 04:26:28 PM
buy what u likeCant agreed more... :thumbsup:
like what u buy
do not treat this as investment..you tend to lose easily 10%-20% once u step out the shop regardless whatever brands. just buy what sing to you. enjoy your journey..
Post by: ahmadabhamid on December 05, 2015, 04:40:56 AM
Sent from Samsung Galaxy Note 4 in Malaysia by Ahmad
Post by: keanewoon on December 05, 2015, 10:19:06 AM
Sent from my iPhone using Tapatalk
Post by: tztong on December 07, 2015, 08:42:34 PM
Post by: Kent3888 on December 07, 2015, 09:06:59 PM
hehe no problem for sharing. Just placed the deposit when get the watch will share the photos and AD location together. Cheers! Thank for all the comment!
Yes, pls share :Cheers:
Post by: keanewoon on December 07, 2015, 09:57:53 PM
hehe no problem for sharing. Just placed the deposit when get the watch will share the photos and AD location together. Cheers! Thank for all the comment!
Why not buy straight? Need to wait for stock to arrive?
Any extra charge on payment by credit card?
Sent from my iPhone using Tapatalk
Post by: tztong on December 15, 2015, 06:35:25 AM
Post by: saafar on December 15, 2015, 05:22:23 PM
Post by: keanewoon on December 15, 2015, 08:06:24 PM
After forex, I think I can get it for RM33K in Saudi Arabia.... but green is not my cuppa tea ;)
Good price but got stock? How about batman?
Sent from my iPhone using Tapatalk
Post by: saafar on December 15, 2015, 10:38:54 PM
Post by: Omnipotent on December 16, 2015, 05:51:45 AM
Post by: keanewoon on December 16, 2015, 09:07:15 AM
Batman now about Rm36300... Got stock, plenty. Arabs like more bling2, they dont buy steel :P
The price. Ouch!!!
Sent from my iPhone using Tapatalk
Post by: volks2 on December 16, 2015, 09:19:06 AM
Post by: Omnipotent on December 16, 2015, 12:04:33 PM
I am also interested to buy the Batman, any AD in Msia can give good discount on Batman?
consider yourself lucky if you find an AD that sells it at RRP, let alone with discount!
Post by: keanewoon on December 16, 2015, 02:25:40 PM
I am also interested to buy the Batman, any AD in Msia can give good discount on Batman?
consider yourself lucky if you find an AD that sells it at RRP, let alone with discount!
Do you know the rrp? Went to one AD but they reluctant to tell me the rrp thus i dont ask further. They have a goreng stock at 37.5k
Sent from my iPhone using Tapatalk
Post by: reventon on December 21, 2015, 04:45:55 PM
Post by: keanewoon on December 21, 2015, 09:42:45 PM
Just now went to times square and saw few batman on shelves 6th floor. Forgot the shop name but priced at 36500.
Brand new?
Sent from my iPhone using Tapatalk
Post by: reventon on December 22, 2015, 12:06:11 AM
Post by: tztong on December 22, 2015, 06:21:54 AM
Post by: ck77 on December 22, 2015, 12:03:55 PM
got my hulk yesterday :D but don't know how to share the photo here =__=http://www.malaysiawatchforum.com/index.php?topic=1228.0
Post by: tztong on January 03, 2016, 11:03:08 PM
here it go!
Post by: Shiang on January 04, 2016, 06:22:13 AM
A solid piece.
Post by: Omnipotent on January 04, 2016, 08:49:22 AM
Post by: jf98 on January 05, 2016, 10:22:50 AM
Post by: theseira on January 05, 2016, 06:57:44 PM
Congrats!
Post by: yusszzxx on January 07, 2016, 11:44:07 AM
Post by: rimahsum on March 08, 2016, 09:15:18 PM
Anyways good choice on the Green Hulk.
Post by: Harry33 on March 08, 2016, 10:00:12 PM
Post by: kygan711 on March 09, 2016, 03:41:32 AM
I taught I am gonna keep this with me for long time.
After joining this forum and learning more each day, somehow it changed my view and appreciation of the watch I bought. So I have joined the bandwagon to upgrade my watch or if you have more funds start a collection.
So can't say I can wear a watch for life now as I learn to appreciate the aesthetics and functional features of the watches which could be past models and not necessarily new ones.
Post by: AbbasHabshee on March 09, 2016, 06:50:19 AM
Post by: kopykopy on March 09, 2016, 09:18:09 AM
Post by: Jedirat on March 09, 2016, 11:11:25 AM
Please continue to share your story if you have add new watches to your collection.
Post by: Mikey C. on March 09, 2016, 01:48:30 PM
Post by: Jedirat on March 09, 2016, 02:01:06 PM
Buy it now! Rolex price increase every year
They have increased the price last year due to weakening RM. Don't think this year will increase again since RM is more stable now compared to 2015.
Post by: kopykopy on March 09, 2016, 02:09:54 PM
Sent from my SM-N910C using Tapatalk
Post by: Jedirat on March 09, 2016, 02:31:04 PM
Post by: WatchW on March 10, 2016, 08:42:39 AM
Rolex doesn't stop AD from charging a premium and Rolex "under-stock" the ADs. So, the ADs happily charge premium on the hot models. This is very smart on Rolex part. It's brilliant brand marketing and this is just one of the reason why Rolex remains the most collectible luxury timepiece in the world.
When you buy a Rolex, you don't buy just a watch. You enter into another currency. It's somewhat like "buying gold". You convert your money into the "Rolex currency". And this currency appreciates over time!
Post by: chiewata on March 11, 2016, 09:01:07 PM
Sent from my SM-N9208 using Tapatalk
Post by: chiewata on March 11, 2016, 09:03:03 PM
Sent from my SM-N9208 using Tapatalk
Post by: Harry33 on March 12, 2016, 01:35:47 AM
Post by: WatchW on March 12, 2016, 05:26:58 AM
Each year and or with each new model, the price increases but doesn't help much in terms of increasing or retaining the value of the old ones.
Not all models/references will appreciate in the same proportion of value.
For some references, however, the appreciation is pretty amazing.
(http://uploads.tapatalk-cdn.com/20160312/f8eff790a839ab46f239daac24656a20.jpg)
Take for example, Rolex ref 16710 GMT Master II in year 2000 priced at MYR 14,000/-.
Mint condition today (16 years later) could go as high as MYR 26,000/-.
This works out to be a compounded growth of about 4% per annum for last 16 years.
That's like putting your money away in FD, but you get to enjoy a beautiful iconic watch.
Post by: kygan711 on March 12, 2016, 06:57:17 AM
Post by: kopykopy on March 12, 2016, 10:14:19 AM
I am no expert in rolex used prices but what you described sounds good to be true (to me at least). I have no intention of doubting you but what you described, I don't think even a submariner can get that.Each year and or with each new model, the price increases but doesn't help much in terms of increasing or retaining the value of the old ones.
Not all models/references will appreciate in the same proportion of value.
For some references, however, the appreciation is pretty amazing.
(http://uploads.tapatalk-cdn.com/20160312/f8eff790a839ab46f239daac24656a20.jpg)
Take for example, Rolex ref 16710 GMT Master II in year 2000 priced at MYR 14,000/-.
Mint condition today (16 years later) could go as high as MYR 26,000/-.
This works out to be a compounded growth of about 4% per annum for last 16 years.
That's like putting your money away in FD, but you get to enjoy a beautiful iconic watch.
Can a 16 year old Pepsi/Coke sell for rm26k now? Is it because it has been discontinued
Sent from my SM-N910C using Tapatalk
Post by: deriku on March 12, 2016, 11:49:34 AM
Sent from my iPhone using Tapatalk
Post by: ck77 on March 12, 2016, 12:03:39 PM
Sent from my iPhone using Tapatalk
Post by: WatchW on March 12, 2016, 12:06:40 PM
25-26k is a premium price if watch condition is pristine and comes in full set.
Watch is discontinued and hard to find in pre-owned market. So when a good piece comes along, it's "willing buyer, willing seller" price.
(http://uploads.tapatalk-cdn.com/20160312/dc2881c51e4934f99c6fc2b98fc934c9.jpg)
(http://uploads.tapatalk-cdn.com/20160313/17d80e737deefc90951ba953cffaea7a.jpg)
Post by: Harry33 on March 12, 2016, 02:14:12 PM
Post by: deriku on March 12, 2016, 02:54:27 PM
Post by: kopykopy on March 12, 2016, 03:14:43 PM
Sent from my SM-N910C using Tapatalk
Post by: WatchW on March 12, 2016, 04:55:10 PM
In 1986, the Rolex 1675 GMT Master retailed at around MYR 4,100/-.
30 years later, the price for 1675 in mint condition with box and papers can go up to MYR 40,000.
This works out to be about 7.9% compounded growth rate per annum.
(http://uploads.tapatalk-cdn.com/20160312/e6f0d9652ce0a38163660fff52f21b30.jpg)
Brothers, I am not trying to imply that buying Rolex is a financial wealth planning vehicle.
It's still a watch that we are buying at the end of the day. We shouldn't expect to "make money" buying watches.
I am merely pointing out a fact that, indeed, for certain models, Rolex does appreciate quite decently in value over time.
There are many more case study. If you guys like, I can start a new thread to showcase more examples.
Post by: kopykopy on March 12, 2016, 07:54:23 PM
However, buyers of current models will not be so lucky cause I doubt any current models of rolex now will escalate tremendously in price in 20 years (except due to normal inflation) because any rolex models now are produced a dime a dozen. Even for the short run (and hence limited numbers in the wild) Day Date 2 (41mm), would you dare say it's surely a high priced item in 20 years?
A Year 1980 Rolex in Year 2010 (30 years old) is different from a Year 2010 Rolex in Year 2040 (also 30 years old). Unless WW3 happens and a majority of Rolexes get wiped off the face of the earth, then it will be different :Laughing_on_floor:
Post by: niteowl on March 13, 2016, 07:09:09 PM
And for new models or pre owned models sold through ADs or Gray Dealers, GST also drives the price up.
What is more interesting is if the currency drops, will the ADs or local gray market do the same?
Sent from my iPhone using Tapatalk
Post by: Jedirat on March 14, 2016, 08:07:50 AM
On Rolex prices, my take is it is so high now because of our very weak currency. I have been following and for 16710, in general it hovers around the USD 5K-6K mark, depending on condition and completeness.
And for new models or pre owned models sold through ADs or Gray Dealers, GST also drives the price up.
What is more interesting is if the currency drops, will the ADs or local gray market do the same?
Sent from my iPhone using Tapatalk
Don't think the AD/local gray market will reduce the price even our currency is stronger. A premium will still be asked for hot/popular Rolex model, IMHO.
Post by: nikfs1881 on March 15, 2016, 05:29:27 AM
I guess it's just down to luck that a particular model you bought 20 years ago now fetches a high price. You wouldn't have known at that time you bought it. It doesn't happen for every 20 year old model.
However, buyers of current models will not be so lucky cause I doubt any current models of rolex now will escalate tremendously in price in 20 years (except due to normal inflation) because any rolex models now are produced a dime a dozen. Even for the short run (and hence limited numbers in the wild) Day Date 2 (41mm), would you dare say it's surely a high priced item in 20 years?
A Year 1980 Rolex in Year 2010 (30 years old) is different from a Year 2010 Rolex in Year 2040 (also 30 years old). Unless WW3 happens and a majority of Rolexes get wiped off the face of the earth, then it will be different :Laughing_on_floor:
In the word of the Great Joker: Why so serious?
True WIS don't view watches as hedging/investment instruments anyway...if it does appreciate in value, then great! If not, who cares - just staring at the collection gives the WIS an orgasm already!
Sent from my iPhone using Tapatalk
Post by: Jedirat on March 15, 2016, 08:19:36 AM
I guess it's just down to luck that a particular model you bought 20 years ago now fetches a high price. You wouldn't have known at that time you bought it. It doesn't happen for every 20 year old model.
However, buyers of current models will not be so lucky cause I doubt any current models of rolex now will escalate tremendously in price in 20 years (except due to normal inflation) because any rolex models now are produced a dime a dozen. Even for the short run (and hence limited numbers in the wild) Day Date 2 (41mm), would you dare say it's surely a high priced item in 20 years?
A Year 1980 Rolex in Year 2010 (30 years old) is different from a Year 2010 Rolex in Year 2040 (also 30 years old). Unless WW3 happens and a majority of Rolexes get wiped off the face of the earth, then it will be different :Laughing_on_floor:
In the word of the Great Joker: Why so serious?
True WIS don't view watches as hedging/investment instruments anyway...if it does appreciate in value, then great! If not, who cares - just staring at the collection gives the WIS an orgasm already!
Sent from my iPhone using Tapatalk
Well said, bro. I have more than 10 pieces but I viewed them as my collection and so far no intention to sell them. I wear all of them on rotation basis and investment instrument never appear in my mind ever. Dare not to say I am a die hard WIS but appreciate each piece of watches that I have.
Post by: hotshothunk on March 15, 2016, 03:19:22 PM
Post by: Jedirat on March 15, 2016, 03:58:25 PM
The hulk is pretty amasing. try getting a used watch in good condition
I have one. Change the original steel strap to a Rubber B strap. Love it.
Post by: akykmy on March 25, 2016, 11:34:12 AM
Post by: herng0326 on March 27, 2016, 10:40:49 AM