Is it a good time to make a purchase or should I wait out til after CNY?

[Rofthelper]

Hi guys, I'm searching for some answers, hopefully you guys can help. I'm looking for a Rolex men's watch for my dad (see below image). Understand that this model is a vintage type, and most of them are in mint condition. May I know which authorized shops, or second-hand shops that can offer me a reasonable price? Thanks in advance.

[tsthk]

Hi and tx for sharing. The situation here has been pretty much the same except that prices for certain ROLEX models have come down. More significantly are the Sub LV and GMT 2c.

Tell me about it! I guess that is why I see the GMT IIc on so many wrists in HK lately!

[Oceanklassik]

Hi and tx for sharing. The situation here has been pretty much the same except that prices for certain ROLEX models have come down. More significantly are the Sub LV and GMT 2c.

[tsthk]

Hi friends in SG. How is the current market for Rolex (and luxury watches in general) over there? Have prices and demand plummeted as some predicted they would after CNY or was it just wishful thinking? Would be interesting to hear your comments!

Grey dealer prices in HK have remained steady for watches like the SS Daytona but pretty much everything else has come down (eg. Zenith, PP, AP, PAM) and availability for some watches that were almost impossible to find before are popping up. I saw 3 brand new PAM 233s yesterday and 1 white dial Daytona but sorry, not in an AD. I still strongly believe that there will be a fat chance of ever seeing one in HK AD but I would like to be proven wrong.

The watch shops in HK are still packed with our bros from the mainland. Doesn't seem to be any signs of demand fading yet...
I guess 1.3 billion population really does make a difference!

Have not seen any official Rolex price hikes yet but I hear they are coming soon.... shall keep everyone posted.

[phantom628]

btw anyone been to Mustafa Shoppin Centre to see see look look? heard my fren sayin der're offering a discount of up to 30%..anyone can verify??

Mustafa ain't got no Rollie for sale there...

[koshiru]

tat is no doubt a sound advice but its aint the best one....if everybody do like what u do, the recession will be worst than expected....even the government encourage some spending on life pleasure if ur pocket permits....

think about it: 'Fear of economic downturn causes people to spend less, which reduces demand, causing economic downturn'

the mkt is bad enough ..we do not want the economic downturn to become a self fullifling prophecy...

I can't agree more with what you just said If your pocket permits, do spend in order to help the economy. Govt is addressing the general public who do not have the additional money in their pocket to buy luxury goods. I mean, it would be a real problem if you are spending your daily/basic necessity money to buy luxury items be it good or bad times.

[koshiru]

tinking of gettin a 16610 or a pam
yet to make up my mind..will wait til end feb den decide ba..and if.....
if....if..im one of e winner for e HongBao Toto gonna get a daytona n case it wif diamonds....lolz...
btw anyone been to Mustafa Shoppin Centre to see see look look? heard my fren sayin der're offering a discount of up to 30%..anyone can verify??

Cheerz
& Good Health N Great Fortune to all e great bros n sistas here

If you confirmed getting and since the other bros already went to recced and made their purchases, you wanna go together once you make up your mind? i have already decided on my purchase, a pink rose DJ.

MUSTAFA shopping centre?! They are not AD. Don't think I want to go there and purchase if they are offering 40%.

[crayon]

tot 20% standard....no rollie though

am not too sure abt tt thou..he got a seiko on a 30% discount..but after god knows how much mark-up...lolz

Cheerz
for e chn new year

[Ballwatch]

btw anyone been to Mustafa Shoppin Centre to see see look look? heard my fren sayin der're offering a discount of up to 30%..anyone can verify??

tot 20% standard....no rollie though

[evets]

A watch is a luxury item.

All luxury items are not necessity, rather it's a gratification of desire.

The economy is expected to go from bad to worse.

We are in a crisis now and not expected to get out of it within the next one to two years. So better to hold cash and save.

tat is no doubt a sound advice but its aint the best one....if everybody do like what u do, the recession will be worst than expected....even the government encourage some spending on life pleasure if ur pocket permits....

think about it: 'Fear of economic downturn causes people to spend less, which reduces demand, causing economic downturn'

the mkt is bad enough ..we do not want the economic downturn to become a self fullifling prophecy...

[crayon]

Crayon, are you thinking of getting? Confirmed purchase?

tinking of gettin a 16610 or a pam
yet to make up my mind..will wait til end feb den decide ba..and if.....
if....if..im one of e winner for e HongBao Toto gonna get a daytona n case it wif diamonds....lolz...
btw anyone been to Mustafa Shoppin Centre to see see look look? heard my fren sayin der're offering a discount of up to 30%..anyone can verify??

Cheerz
& Good Health N Great Fortune to all e great bros n sistas here

[koshiru]

Crayon, are you thinking of getting? Confirmed purchase?

[crayon]

hello to all,
was @ THH @ LP last week..best discount given was oni 20%..sianzz..but anyway der's a thread under Lobangs aka "Tips" -
http://www.sg-roc.com/showthread.php?t=10606
seems like they r arrangin for a group buy kinda expedition (led by UncleLau ) in Feb to get e max goodies from ADs..
do chk it out...e more e merrier
Cheerz

[benhur]

why 'banned'?

[Dreams Of My Father]

A watch is a luxury item.

All luxury items are not necessity, rather it's a gratification of desire.

The economy is expected to go from bad to worse.

We are in a crisis now and not expected to get out of it within the next one to two years. So better to hold cash and save.