Rising prices: Is it just me or the prices are simply out of whack?

[Everdying]

buy european

U mean buy from Europe? E.g. German? Not cheap also X4. And the price going up and up.

Wait ur the same Everdying at lyn?

isnt the euro dropping again? my friend working in europe hasnt send back any money to parents for 2 months already due to weaker exchange rate.
yea same lyn.

[hidden830726]

I didnt track but I assume, eur drop and rm drop so, ultimately still no diff...

[Everdying]

I didnt track but I assume, eur drop and rm drop so, ultimately still no diff...

hmm nm.
not like i'll be buying anything big in the near future...only got 1 target...that one can wait

[kenji1903]

I didnt track but I assume, eur drop and rm drop so, ultimately still no diff...

i'm tracking, should have bought around May when it was around MYR3.90+ to EUR1

[theseira]

Economy is messed up. Malaysia currency getting lower and lower every year! 1 SGD bound to be RM3.

Before when I was in highschool 1 SGD was about 2.10 Ringgit today its like 1 SGD = RM2.78!

I guess watches can be used as a currency hedge since Malaysia ringgit is weak.

[hidden830726]

Economy is messed up. Malaysia currency getting lower and lower every year! 1 SGD bound to be RM3.

Before when I was in highschool 1 SGD was about 2.10 Ringgit today its like 1 SGD = RM2.78!

I guess watches can be used as a currency hedge since Malaysia ringgit is weak.

Actually if we earn USD or SGD then we will be laughing instead of QQ.

Sad

[chrisyen]

Economy is messed up. Malaysia currency getting lower and lower every year! 1 SGD bound to be RM3.

Before when I was in highschool 1 SGD was about 2.10 Ringgit today its like 1 SGD = RM2.78!

I guess watches can be used as a currency hedge since Malaysia ringgit is weak.

u r young....

some gone though

RM1 = sgd 1.1


my time SGD 1 = RM1.5

[CKL1213]

I always believed in myself.

I will hit toto jackpot.

Everything are well planned.

Just waiting the fund.

[Yoda]

I always believed in myself.

I will hit toto jackpot.

Everything are well planned.

Just waiting the fund.

Bro,

Its only 5pm 

[CKL1213]

My subconscious mind is inception-ing my real mind.

Seriously when I hit it.

Even I'm not the richest in Msia, I will be the most lansi guy in Msia.

[hidden830726]

Today i saw money changer selling USD at 3.90... 

[chrisyen]

so better buy some hot popular rolex instead of keeping your ringgit
price will go up further !

[Yoda]

Alternatively don't buy any watch for the year until the Ringgit stabilize.

If you buy now price is high, economy is bad, business affected badly, employment retrench.

AD will have to slash price to induce buying get more incentives or discount from the Swiss HQ.


Then only come out and look see look see 

[kingpin]

Alternatively don't buy any watch for the year until the Ringgit stabilize.

If you buy now price is high, economy is bad, business affected badly, employment retrench.

AD will have to slash price to induce buying get more incentives or discount from the Swiss HQ.


Then only come out and look see look see 

Totally agreed.....

But I cant say I am looking forward. If this is the situation.... We all are impacted, and seriously if you have money also dont dare to buy watch. Sigh.... PM ah PM, MY ah MY. what have you done!!!

[@tsw@]

Because of the weak ringgit, I'm so tempted to consolidate, accumulate the funds and splash it on a grail piece.

Based on current pre-owed prices, most of the watches bought before gst and still with manufacturer warranty have not depreciated much.

In fact it surprised me when a friend recently showed his ap15400 (blue dial)preowed I-series. Bought in Singapore for rm44k. This piece was sold by ap at a lower price brand new abt 3 1/2 years back.

Thinking back,  how times have changed within this 3 1/2 years.   

Don't forsee it to improve. 

[r3kahsttub]

I am mentally consolidating and wondering if I should stretch to buy my grail too, but 1) prices have increased tremendously compared to 3-4 years back, and 2) ringgit is so weak, I just can't bring myself to do it...

[Kesharoo]

Hi,

I am thinking of consolidating as well, I would probably sell some of my nicer pieces and gain some decent Forex, keep until RM strengthens...lets see how it goes....

[roystock]

It is official, RM4.00 for US$1 

Alternatively don't buy any watch for the year until the Ringgit stabilize.

If you buy now price is high, economy is bad, business affected badly, employment retrench.

AD will have to slash price to induce buying get more incentives or discount from the Swiss HQ.


Then only come out and look see look see 

I have been waiting for the retailers to give more reasonable prices, given the weak sentiment.
I am sure they have some stocks where they brought in when forex was US$1 : RM3.30 - 3.50.
Just give a good discount and I may probably bite, but I don't see this happening yet. 

[theseira]

Hi,

I am thinking of consolidating as well, I would probably sell some of my nicer pieces and gain some decent Forex, keep until RM strengthens...lets see how it goes....

 Man the way things are and how the country is run it looks like Malaysian Ringgit outlook is bad. Chances are the watch will be worth more than the RM in the long run.

[theseira]

Today 18/8/2015 googled SGD vs MYR 2.92.  On 16th July 2015 I mentioned it was bound to hit RM3 per sgd. Well not far off the mark!!!

[theseira]

Guys it's official ringgit is not worth keeping.




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[Spider boy]

Unfortunately i have no choice and no other currency to keep beside ringgit,,,    sad....

[hanz079]

With the ringgit nosediving and the somewhat slow responses from watch brands with the price adjustments.
Brands that have adjusted the pricing couple of months back cannot keep up with the fast declining of the ringgit.
Watch prices in Malaysia is currently looking pretty good in the grand scheme of things.

Say if I were to walk into an AD to pick up a Submariner at rm28k retail... that's usd6600...
And the same watch is suppose to be selling at usd8550 retail... in today's exchange rate... thats a whopping RM36200!!

In the last couple of months. as far as I know, Zenith, IWC, JLC, AP have revised their pricing.
Even as of now, their prices is still a steal in comparisons to their US or even Singapore counterparts.
Now coming 1st sept, AP and Cartier will revise their pricing.
What if the ringgit continue to tumble to 4.7 or 4.8 or even 5 in the next three months?
By the time the watch brands decide to revise the prices, many ppl would have walked away feeling they got a good deal.

[chrisyen]

next mth big brands up their price or cut the discount !

if you want to buy

buy now ! ringgit falling further... msia bcom cheapest !

[alphaz]

With the ringgit nosediving and the somewhat slow responses from watch brands with the price adjustments.
Brands that have adjusted the pricing couple of months back cannot keep up with the fast declining of the ringgit.
Watch prices in Malaysia is currently looking pretty good in the grand scheme of things.

Say if I were to walk into an AD to pick up a Submariner at rm28k retail... that's usd6600...
And the same watch is suppose to be selling at usd8550 retail... in today's exchange rate... thats a whopping RM36200!!

In the last couple of months. as far as I know, Zenith, IWC, JLC, AP have revised their pricing.
Even as of now, their prices is still a steal in comparisons to their US or even Singapore counterparts.
Now coming 1st sept, AP and Cartier will revise their pricing.
What if the ringgit continue to tumble to 4.7 or 4.8 or even 5 in the next three months?
By the time the watch brands decide to revise the prices, many ppl would have walked away feeling they got a good deal.

+1 agreed with you