Malaysia Watch Forum

Main Forums => General Discussion - Modern Watches => Topic started by: muhren on July 04, 2012, 04:27:09 PM

Title: What do you guys think of the recent Rolex price adjustment?
Post by: muhren on July 04, 2012, 04:27:09 PM
As many of you are aware Rolex adjusted the local retail price for their watches last month.
Below's a summary new prices of the more popular sports models including the new Sky Dweller.
In recent years Rolex prices have been increasing at an exponential rate, while, sad to say, the average Malaysian's salary have been pretty much stagnant.
Is Rolex pricing their timepieces out of our reach?  :o
And why is the Deepsea now priced higher than the SS Daytona?  ???

ModelReferenceRRP
Deepsea Sea Dweller116660RM37480
Submariner Date Black Index116610LNRM26410
Submariner Date Green Index116610LVRM28050
Submariner No Date Black Index114060RM23160
GMT Master II Black Index116710LNRM26080
Explorer 1214270RM20240
Explorer II216570RM25130
Milgauss116400RM23800
Milgauss Green Crystal 116400GVRM25440
SS Daytona116520RM37170
Sky Dweller - White Gold326939RM151660
Sky Dweller - Yellow Gold326938RM143200
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: Godzillaz on July 04, 2012, 04:30:49 PM
Jesus!!
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: tonykpk on July 04, 2012, 04:58:14 PM
hi,everyone. yes its the first adjustment this year n a huge one.Maybe  the cost to produce a deepsea is higher than the daytona. Or maybe i n  the near  future they are going to produce a SS Daytona with a ceramic bezel n price it 40+K. As for the salary stagnant issue,lots of malaysian are in the middle income trap segment. buy wisely bro s.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: dennis.T on July 04, 2012, 05:02:40 PM
But daytona is selling at premium compare to Deepsea.. No offense but deepsea look in-proportion to me..
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: tonykpk on July 04, 2012, 05:09:45 PM
and i forgot, its actually pro n con situation. Its good for the second hand retailers and those who want to sell  to upgrade but bad for those going for new ones.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: tonykpk on July 04, 2012, 05:25:57 PM
hi Dennis,no offense , in fact i own both . The daytona is like love at first sight , n for the deepsea i agree with u , its big n heavy. 210gm. n 44mm width. i have learn to love it now n i think its awesome. u can buy a rubber B strap n  it looks more awesome.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: muhren on July 04, 2012, 06:36:05 PM
Jesus!!

Amen to that!

Or maybe i n  the near  future they are going to produce a SS Daytona with a ceramic bezel n price it 40+K.

That sounds totally plausible.

But daytona is selling at premium compare to Deepsea.. No offense but deepsea look in-proportion to me..

One man's meat is another man's poison.  ;D

and i forgot, its actually pro n con situation. Its good for the second hand retailers and those who want to sell  to upgrade but bad for those going for new ones.

In other words asset inflation.  :'(
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: dpkong on July 04, 2012, 07:17:53 PM
Rolex increases prices every year, sometimes twice yearly. No surprises there.

Hardly any AD will sell a SS Daytona at RRP anyway.

As for Rolex prices beyond the reach of our middle-income group, well.. blame that on our low salaries and poor exchange rate.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: G.MAC on July 04, 2012, 07:40:20 PM
Looking at the price increase..all I can say is this, if we dont buy it now, we will never own one. Price increase is inevitable. Swallow the bitter pill and get one or just wait and see the price increase year after year.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: tonykpk on July 05, 2012, 08:13:22 AM
YOU ARE RIGHT G MAC , WHEN I WANTED TO BUY THE SS DAYTONA IN 1997 , IT WAS ONLY RM 13+K APP. AND THE TT IS APP RM 16+K, WHICH I DID NOT... N BOUGHT THE SS A DECADE LATER FOR MORE THAN DOUBLE THE PRICE.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: ck77 on July 05, 2012, 08:18:20 AM
No surprise.

Rolex Price Evolution 1957-2012
http://www.minus4plus6.com/PriceEvolution.htm
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: David_cheong on July 05, 2012, 08:37:44 AM
Judging from the price evolution, most or all sport pieces are all above rm20k...

Even a simple exp 1 is now at that bracket.

Nowadays, it is now 'harder' to own these new sport rollie with a decent income.

What can I say....

dc
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: muhren on July 05, 2012, 09:39:48 AM


Nowadays, it is now 'harder' to own these new sport rollie with a decent income.

What can I say....

dc

From your statement it would seem that those who own multiple Rolex sports models probably have some kind of indecent income stream.  ;D (Just kidding)

Actually the ADs are now mitigating this issue by offering attractive "zero interest" installment plans up to 18 months. So it is still possible for a decent income earner to own a dream watch by using these creative financing schemes.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: TheHobbit on July 05, 2012, 10:06:33 AM

Actually the ADs are now mitigating this issue by offering attractive "zero interest" installment plans up to 18 months. So it is still possible for a decent income earner to own a dream watch by using these creative financing schemes.

Is this being offered by the AD or the banks? If it is indeed being offered by the AD, do they release the watch upon the completion of he payment or earlier?

If this is being offered by the banks, it is a different story altogether.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: rusminag on July 05, 2012, 11:38:03 AM
The Rolex Price Evolution shows the actual inflation rate... not the same as what the inflation rate promoted by the Govt..
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: muhren on July 05, 2012, 11:46:44 AM
Is this being offered by the AD or the banks? If it is indeed being offered by the AD, do they release the watch upon the completion of he payment or earlier?

If this is being offered by the banks, it is a different story altogether.

The zero interest installment plan is a form of credit card financing. Since payment is via CC then the financing part is by the banks. It seems to be the modus operandi not just for the ADs but also practiced by the jewellers etc.
A fairly disturbing trend if you ask me.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: rusminag on July 05, 2012, 12:24:52 PM
Is this being offered by the AD or the banks? If it is indeed being offered by the AD, do they release the watch upon the completion of he payment or earlier?

If this is being offered by the banks, it is a different story altogether.

The zero interest installment plan is a form of credit card financing. Since payment is via CC then the financing part is by the banks. It seems to be the modus operandi not just for the ADs but also practiced by the jewellers etc.
A fairly disturbing trend if you ask me.

Better than saving for 18 months and found out the price increased by 10%(usually more) by the time you have the total sum...
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: tonykpk on July 05, 2012, 02:37:10 PM
during the month of feb 12 an AD offered 24 months 0 %interest. It was through a bank c card + lucky dip + watch winder.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: keeekeee on July 05, 2012, 02:44:59 PM
wow deepsea rm37k   :o :o :o 

still prefer daytona over deepsea  :)
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: TheHobbit on July 05, 2012, 06:13:25 PM
Is this being offered by the AD or the banks? If it is indeed being offered by the AD, do they release the watch upon the completion of he payment or earlier?

If this is being offered by the banks, it is a different story altogether.

The zero interest installment plan is a form of credit card financing. Since payment is via CC then the financing part is by the banks. It seems to be the modus operandi not just for the ADs but also practiced by the jewellers etc.
A fairly disturbing trend if you ask me.

Better than saving for 18 months and found out the price increased by 10%(usually more) by the time you have the total sum...

I can only say read your cc terms and condition properly before embarking on the 'zero' interest installment plan.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: dpkong on July 05, 2012, 08:24:45 PM
there is no such thing as a 0% instalment plan. somebody somewhere pays interest. usually, it's the CC holder.

1. the bank and seller would likely have an agreement that a certain percentage of the sale amount will be "finance charges".
2. the bank hopes that in the duration of the repayment period, the card holder will not be able to fully pay up and thus incur additional interest charges.

in the end, the cardholder will always lose out. beware the hidden charges.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: SeaDwellerR on July 17, 2012, 09:21:10 AM
 Always buy now rather than later....

Prices never drop.

 :thumbsup:
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: scooticus on July 17, 2012, 04:35:13 PM
Perhaps we could look at this scenario at a different perspective. Rolex is one of the few watchmakers known to be considered reasonably priced when you sit back and think about it. It will be more apparent when you place their price tags beside other watchmakers. Some might or might not agree to this but in general, some watchmakers have been pricing their prices above Rolex without producing their own movements, maintain their resale value, demand or appreciation and prestige as Rolex has always been perceived to have.

The hike in price is reflective of the ongoing prices of other watchmakers. However, it does price itself out of reach certainly for a huge bulk of the people. In one hand, owners of existing Rolex'es will have their timepiece greatly appreciated. For those who is saving or eyeing for one now will feel the pinch. I am certainly one of those who now need to wait longer to be able add more of it to my humble collection.

I guess my GMT master II will have to wait....


Cheers
Scoot

 
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: IWCking on July 18, 2012, 08:44:02 PM
well, not sure if rollie comes out with better box now. For an expensive watch, i must say that their green box looks cheapskate.  :Scolding:
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: tonykpk on July 21, 2012, 09:37:52 AM
 A little while after every increment buyers will be a bit hesitant on buying. But after a while people will accept it n start buying, before it keeps going up...
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: epsilon82 on September 27, 2016, 04:47:13 PM
I wonder what is the price now in 2016? Price + 6% GST


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Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: Cocas on September 27, 2016, 06:52:39 PM
I wonder what is the price now in 2016? Price + 6% GST


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When I bought my preowned 16570 this year, the preowned shop owner mentioned that the price for Explorer II    216570   is about RM27k.

Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: turinbrakes on September 27, 2016, 11:13:45 PM
got a gmt master II for around rm26k few months ago
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: epsilon82 on September 28, 2016, 06:35:44 AM
got a gmt master II for around rm26k few months ago
I am planing to get a GMT master II, 26K for brand new set?


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Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: theseira on September 28, 2016, 10:03:34 AM
As many of you are aware Rolex adjusted the local retail price for their watches last month.
Below's a summary new prices of the more popular sports models including the new Sky Dweller.
In recent years Rolex prices have been increasing at an exponential rate, while, sad to say, the average Malaysian's salary have been pretty much stagnant.
Is Rolex pricing their timepieces out of our reach?  :o
And why is the Deepsea now priced higher than the SS Daytona?  ???

ModelReferenceRRP
Deepsea Sea Dweller116660RM37480
Submariner Date Black Index116610LNRM26410
Submariner Date Green Index116610LVRM28050
Submariner No Date Black Index114060RM23160
GMT Master II Black Index116710LNRM26080
Explorer 1214270RM20240
Explorer II216570RM25130
Milgauss116400RM23800
Milgauss Green Crystal 116400GVRM25440
SS Daytona116520RM37170
Sky Dweller - White Gold326939RM151660
Sky Dweller - Yellow Gold326938RM143200


Nice pricing.

Anyone got the latest version for comparison purpose?
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: derrick on September 28, 2016, 03:05:00 PM
wish we can get 2012 pricing now  ;D ;D
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: chfoong on September 28, 2016, 11:07:38 PM
sub date RM33k, sub date hulk RM35k, GMT master II RM38k, that's all I know
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: Jedirat on September 29, 2016, 08:24:48 AM
sub date RM33k, sub date hulk RM35k, GMT master II RM38k, that's all I know

RRP or premium price charged by AD as AD always impose premium for hot models over their RRP nowadays.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: tmsoo on September 29, 2016, 09:59:16 AM
What I got in a year just before GST, the Explorer II cost RM25800 and Yact Master II was RM55k. For reference only.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: r3kahsttub on September 29, 2016, 11:52:21 AM
sub date RM33k, sub date hulk RM35k, GMT master II RM38k, that's all I know

Those are premium prices by AD. Believe Sub 114060 is 29k, 116610 is 31k, 116610LV is 33k. Not sure about GMTII.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: cvl003 on September 29, 2016, 12:34:34 PM
Last time I bought the 114060 only 21.5k (after much tawar-menawar )That was year 2014.


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Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: lovefoe on November 21, 2016, 08:06:22 AM
Nice price in 2014. that was before MYR dropped like crazy
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: yippie123 on November 22, 2016, 08:24:46 AM
Has Rolex Malaysia increases the price again ?
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: yehlai on November 22, 2016, 09:13:18 AM
As many of you are aware Rolex adjusted the local retail price for their watches last month.
Below's a summary new prices of the more popular sports models including the new Sky Dweller.
In recent years Rolex prices have been increasing at an exponential rate, while, sad to say, the average Malaysian's salary have been pretty much stagnant.
Is Rolex pricing their timepieces out of our reach?  :o
And why is the Deepsea now priced higher than the SS Daytona?  ???

ModelReferenceRRP
Deepsea Sea Dweller116660RM37480
Submariner Date Black Index116610LNRM26410
Submariner Date Green Index116610LVRM28050
Submariner No Date Black Index114060RM23160
GMT Master II Black Index116710LNRM26080
Explorer 1214270RM20240
Explorer II216570RM25130
Milgauss116400RM23800
Milgauss Green Crystal 116400GVRM25440
SS Daytona116520RM37170
Sky Dweller - White Gold326939RM151660
Sky Dweller - Yellow Gold326938RM143200

114060 now is around RM27400
116710 now is around RM30800
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: keanewoon on November 23, 2016, 08:00:28 PM
As many of you are aware Rolex adjusted the local retail price for their watches last month.
Below's a summary new prices of the more popular sports models including the new Sky Dweller.
In recent years Rolex prices have been increasing at an exponential rate, while, sad to say, the average Malaysian's salary have been pretty much stagnant.
Is Rolex pricing their timepieces out of our reach?  :o
And why is the Deepsea now priced higher than the SS Daytona?  ???

ModelReferenceRRP
Deepsea Sea Dweller116660RM37480
Submariner Date Black Index116610LNRM26410
Submariner Date Green Index116610LVRM28050
Submariner No Date Black Index114060RM23160
GMT Master II Black Index116710LNRM26080
Explorer 1214270RM20240
Explorer II216570RM25130
Milgauss116400RM23800
Milgauss Green Crystal 116400GVRM25440
SS Daytona116520RM37170
Sky Dweller - White Gold326939RM151660
Sky Dweller - Yellow Gold326938RM143200

114060 now is around RM27400
116710 now is around RM30800

How about 214270 and 116610lv?


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Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: theseira on November 24, 2016, 05:46:30 AM
Anyone have latest Malaysian list price can post or pm me please.

thanks so much.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: Shyn on November 24, 2016, 11:08:39 AM
I think this all RRP still the updated.

Submariner Date Black Index116610LNRM33500
Submariner Date Green Index116610LVRM37500
Submariner No Date Black Index114060RM27500
GMT Master II Black Index116710LNRM30750
GMT Master II Blue/Black Index116710BLNRRM37500
Explorer 1214270RM23920
Explorer II216570RM29670
Oyster Perpetual 39mm114300RM20840


This few model on my plan list and check with them 1-2 mths ago. ;D
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: asimo on November 25, 2016, 06:31:02 PM
Submariner Date Black Index   116610LN   RM33500
Submariner Date Green Index   116610LV   RM37500 (hulk)
Submariner No Date Black Index   114060   RM27500
GMT Master II Black Index           116710LN   RM30750
GMT Master II Blue/Black Index   116710BL RM37500 (batman)
Explorer 1                            214270   RM23920
Explorer II                                   216570   RM29670
Oyster Perpetual 39mm           114300   RM20840

my recent checking
Milgauss GV                              116400GV   RM30,060
DJ  36mm (jubliee, non fluted)    116200      RM24,680
DJ  41mm  (oyster, non fluted)    116300      RM26,210
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: CKL1213 on November 25, 2016, 06:59:24 PM
good info guys, this thread should be updated frequently
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: stone_gossard on November 26, 2016, 06:22:54 AM
just for comparison:

sub 114060 :
AD price yen 766800
grey market yen 730,000
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: Shyn on November 26, 2016, 01:02:31 PM

Submariner Date Black Index   116610LN   RM33500
Submariner Date Green Index   116610LV   RM37500 (hulk)
Submariner No Date Black Index   114060   RM27500
GMT Master II Black Index           116710LN   RM30750
GMT Master II Blue/Black Index   116710BL RM37500 (batman)
Explorer 1                            214270   RM23920
Explorer II                                   216570   RM29670
Oyster Perpetual 39mm           114300   RM20840

my recent checking
Milgauss GV                              116400GV   RM30,060
DJ  36mm (jubliee, non fluted)    116200      RM24,680
DJ  41mm  (oyster, non fluted)    116300      RM26,210

Update for ladies ;D
(All model jubilee bracelet, fluted)
DJ 31mm roman index                178274      RM27360
DJ 31mm 10 diamonds                178274      RM34670
DJ 31mm diamond on VI             178274      RM38290
DJ 31mm mop dial.                     178274      RM38890
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: Cocas on November 26, 2016, 02:41:48 PM
For me. Just don't think and buy it if I can afford it
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: lyeteik on November 26, 2016, 03:57:02 PM
what is the price for rolex batman now?? planning to catch a bat... :Cheers:
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: epsilon82 on November 26, 2016, 08:08:56 PM
Already listed in the list above


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Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: Yoda on November 27, 2016, 08:15:57 PM
Already listed in the list above


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I think what he meant is next week's price. Got to catch it fast if he wants to catch the bat as it flies really fast on Trump path. :Startled:
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: GhostInTheShell on November 27, 2016, 08:24:48 PM
Is higher tier brands doing the same thing to increase price on yearly basis like Rolex?

If not then soon Rolex price will be higher than AP for example?
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: asimo on November 28, 2016, 05:26:28 AM
All luxury brands adjust their pricing regularly


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Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: keanewoon on November 28, 2016, 01:14:09 PM
Is higher tier brands doing the same thing to increase price on yearly basis like Rolex?

If not then soon Rolex price will be higher than AP for example?
Even seiko is selling at higher and higher in price.


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Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: D'Andy on December 02, 2016, 04:24:03 PM
I was at an AD earlier the week and nearly bagged a Daytona Ceramic, but the premium was on the higher side. The AD shared that Rolex Malaysia prices on all watches would be adjusted upwards within a month or two due to the depreciating currency, although I can't tell if it was just to get me to close the deal then.
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: Shyn on December 02, 2016, 11:17:21 PM
I was at an AD earlier the week and nearly bagged a Daytona Ceramic, but the premium was on the higher side. The AD shared that Rolex Malaysia prices on all watches would be adjusted upwards within a month or two due to the depreciating currency, although I can't tell if it was just to get me to close the deal then.

For what I know Rolex won't let AD know when they plan to increase price, anyone can proof it?
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: CKL1213 on December 03, 2016, 05:58:25 AM
AFAIK, anything on Rolex is either rumors or speculation

Nobody can proof anything on Rolex besides Rolex itself 
Title: Re: What do you guys think of the recent Rolex price adjustment?
Post by: yippie123 on December 03, 2016, 09:29:57 PM
Exactly. We will see what happen next year