New Price update of Rolex Japan

What is the aftermath of Europe, Japan Rolex price Adjustment?
Obviously we can see many people can't wait to snap watches at your nearby Rolex AD in Singapore and HK.

According to managers at top three HK Rolex AD.
The sales has been increased since last week by 20% to 30% especially on Hot Models.


The managers remind staff tighten up the discount release.

Parallel importers is holding up their watch bought in Dec. 2014 whilst price was still low. 

GMT MASTER II BLUE BLACK parallel watch price increased by HK$1,000.

We speculate that Rolex HK will increase price 8% average estimated around Chinese New Year.

Personal Opinion only.

HK Snob

After Europe, Then Japan and most Likey HK, Rolex will raise prices next month

We were told some of the European Watch shops had raised prices of Rolex 5% to 8% aleady.

Now Rolex Would increase the price on 1 Feb by 8% on Submariner, at same time Patek Philippinmight increase 4% to 5% in Japan.

HK, there is the chance to have price adjustment before the Chinese New year, my guess only.

HK Snob

No Title

HK Snob

Rolex's Most Expensive Three watches

A Man just came to HK to Search for these most expensive Watches From Rolex.

No. 1 GMT Master Ice Ref 116769 TBR HKD$4,400,000

No. 2. Submariner Emerald 116649 HKD$2,850,000

No. 3 Daytona in Platinum Ref 116576 TBR $1,207,500

These are rare species and not easy to be found, I have seen Submariner Emerald and Platinum Daytona at HKIA but were sold out.

There is still 2-3 few pieces at one of the watch AD in HK, as these are expensive items that normally AD does not stock up and there is no parallel import about these extraordinary items.

The about price are all listed price and this man is looking for the best discount he could before next price up-adjustment.

That is why I call him Tai Chi Cheung Sam Rolex (太極張三撈)!

HK Snob

Rolex Sales After Swiss Franc Appreciation in Singapore and Hong Kong!

Raffles Hotel branch of The Hour Glass

The Hour Glass Watch at Raffle Hotel, some 30 Rolexes were sold on Sunday alone.  This far outpaced the sales of other Swiss brands such as Hublot and Patek Philippe, which sold only two to four pieces that same day, said the sales staff. Mainly because of Swiss Franc had appreciate 20 percent on 15 Jan.

On any other day, Rolex sales typically taper off at around 10. Rolex declined to comment on when its new stock would come in, or when it planned to raise prices.

How About HK? What I could see is that one branch of Oriental Watch Company had a lot more customers since last Saturday, Chinese, local HKers, and foreigners, but the sales is not go as crazy as Singapore.  It is fact that the business was turning better since last Friday.

Will Rolex increase their price After CNY? well, let’s observe.

How About Europe? Many AD has increase 5 to 8% Already, will HK be exempted?

Original Article at Straits Times

http://www.straitstimes.com/news/singapore/more-singapore-stories/story/rolexes-snapped-singapore-prices-climb-20150120

HK Snob

Factors for Success

Focus
Have guts to Change
Be Humble
Plan for the Worst

HK Snob

Victorinox Super Tough 8 Ton Pressure

This watch arrives Manila, I saw it in Festival Mall at Alabang.

Selling price Peso 36,000 discounted to 22,000 (US$520)

This watch is claimed to be not damaged in Sulphuric and Chloric acid, and it can stand up 8 tons pressure. it  was found no damages after roll over by a 20 Tons Tank!

Super tough watch, uh!

I believe we get it cheaper in Hong Kong.

HK Snob 

Purple Stella of Venice

Created on Samsung Note III 16 Jan 2015

This is a little river at Venice.

You should find two young lades, one man, and a diver wearing a Panerai under the waters....

Don't bother if you cannot get it.

HK Snob

Japan and Korea is still a bit better than HK for Rolex Purchase

Rolex AD in Tokyo

This is still good pricing if you shop Rolex in Tokyo, Osaka and Nakaoka, Sandai...

This is one colleague went to Japan to buy Rolex

Take for an Example

Ref 116610LN is selling Yen 829,800 base on 14 Jan Exchange Rate Yen100 is HKD$6.65

That is HKD$54,422 after 5% discount and 8% VAT waived.

In HK if you are buying in AD, Ref 116610LN is $63,900 after 5% doscount will be $60,705.

GMT Master Bought in Seoul Airport on 15 Jan 2015

This is another Colleague went to buy in Seoul Airport for GMT Master II Ref 116710BLNR

Price after discount using VISA is HK dollars 59,000

But the Rolex has to ask him to put his name on it,
I would advise him to put name "Nonsuch" on it...

HK Snob

It Might be time to buy Rolex if you really need to have a Rolex as Swiss Franc soars high

The Swiss Central bank has abandoned its exchange rate control and cut interest rate to -0.75pc, sending the franc soaring against the single currency.

On 15th Jan., Swiss Franc soared high 20pc, it might be the time that you should speed up your Rolex or Other Swiss Watches before next price adjustment, in my opinion.


HK Snob