Question 1

How Much Does a Pre-Owned Rolex Watch Cost?

Accepted Answer

Pre-owned Rolex watches typically sell between S$2,391 and S$256,932. For example, the Rolex Submariner, one of the brand's most popular models, costs between S$16,155 - S$75,816 in the private market.

The retail price of a water-resistant, stainless steel Rolex Submariner ref. 114060 costs around S$10,854 at an official Rolex retailer in Singapore. The same model could cost around S$19,146 at a private marketplace.

If you're looking for more classic yet affordable Singapore Rolex watches, you may want to consider the Rolex Oyster Perpetual collection. This collection typically sells between S$3,200 and S$27,500. For example, a pre-owned Rolex Oyster Perpetual ref 114300 sells at S$13,400 onwards.

Question 2

What Are the Best Rolex Watch Models?

Accepted Answer

Rolex Submariner: The benchmark among divers' watches. The original model was launched in 1953. This model is renowned for its distinctive dial and large luminescent hour markers. This Rolex timepiece is perfect for underwater conditions.
Rolex Daytona: The Oyster Perpetual Cosmograph Daytona was first launched in 1963. A highly-accurate chronograph, it meets the needs of professional racing drivers. The Daytona collection is the benchmark for those who are into driving and speed.
Rolex Datejust: A timeless, classic watch that withstands the changes in fashion and trends. This collection was first released in 1945. It features an automatic changing date function, magnified by a bubble over the date display. Today, Rolex is presenting three new versions of the Datejust 31 models with eye-catching floral-motif dials.
Rolex GMT Master II: This collection was originally made as a navigation instrument for professionals traveling across the globe. The GMT Master collection is designed to display time in two different time zones simultaneously. In fact, the original GMT Master has a red and blue bezel. This feature makes it easier to tell the time of day in the second time zone.

Question 3

Are Pre-Owned Rolex Watches a Good Investment?

Accepted Answer

Yes, a pre-owned Rolex timepiece is a good investment. Despite the high prices, Rolex watches are a favorite among collectors. In fact, there are reports of how Rolex has outperformed gold, real estate, and even stocks.

Take for example the Rolex Submariner ref 116610LV HULK was sold at a retail price of S$12,432 in September 2021 at official Rolex retailers. Today, it sells at around S$39,900 on the private sales market, while you can expect to pay around S$58,600 from a secondary market dealer.

That said, if you maintain Rolex watches so they stay in excellent condition, it will surely sell for a profit.

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