Getting your name on the list also by no means guarantees you a watch. You can’t be waiting for two years when he graduates in the next six months,” said Mr Ng. “Let's just say that you want to buy this as a wedding anniversary gift or you want to buy it for your son as a graduation present. Mr Jarod Ng, co-founder of retailer Watch Capital which sells new and pre-owned luxury watches, said a lot of people find the waiting time too long.

There are usually long waiting or interest lists, especially for popular models, watch dealers and collectors said. Watches from brands such as Rolex, Patek Philippe and Audemars Piguet are among the most popular.īuyers cannot just walk into shops and purchase these watches. But of course the piece must be something that I like.”įor luxury watches like some of the ones Mr Tun collects, demand far outstrips the supply. “Whichever purchase I want to buy, especially for watches, the numbers must make sense first.

It’s very intriguing … It’s like art to me,' he explained. I like the watches for the different movements, different intricacies of the movements itself. “I don't just like watches for the value. He now sees his watches, now valued at about S$400,000, as not just a passion, but also an investment. The 35-year-old has since spent more than S$300,000 on these timepieces.

The S$16,480 Rolex Sea-Dweller, which is still in his possession, started him on a journey that has been “hard to stop”. SINGAPORE: It took Mr Jay Tun almost two years of deliberation before he bought his first luxury watch in 2018.

Timepiece trading