Last updated: January 2024
Malaysia is a country known for its diverse culture, beautiful landscapes, and bustling cities. It is also a popular destination for luxury watch enthusiasts who are looking to purchase a Rolex. The Rolex brand is synonymous with high quality and luxury, and Malaysia is no exception when it comes to the price of these coveted timepieces.
Rolex watches are highly sought after in Malaysia, and their prices reflect this demand. The cost of a Rolex watch in Malaysia can vary depending on the model and the materials used to make it. However, even the most basic Rolex watches can be expensive, with prices starting at around RM30,000. For those looking for a more exclusive Rolex watch, prices can easily reach over RM100,000.
Despite the high prices of Rolex watches in Malaysia, many people still choose to invest in these timepieces. Rolex watches are known for their durability and timeless design, making them a valuable addition to any collection. Additionally, owning a Rolex watch is seen as a status symbol, and many people are willing to pay a premium price for the prestige that comes with owning one.
Here are some of our top picks on:
Overview of Rolex in Malaysia
Rolex is a luxury watch brand that has been around since 1905. It is known for its precision, quality, and style. Rolex watches are highly sought after by collectors and enthusiasts all over the world, including in Malaysia.
In Malaysia, Rolex watches are sold by authorized dealers and retailers. These dealers are carefully selected by Rolex to ensure that they meet the brand's high standards of quality and service. Rolex watches are available in a wide range of styles and prices, from the classic and elegant to the sporty and rugged.
One of the key factors that makes Rolex watches so popular in Malaysia is their durability. Rolex watches are built to last, with high-quality materials and expert craftsmanship. They are also highly accurate, with precise movements that keep time to within seconds per day.
Another factor that contributes to the popularity of Rolex watches in Malaysia is their status as a luxury brand. Rolex watches are a symbol of wealth, success, and prestige, and they are often worn by high-profile individuals such as celebrities, politicians, and business leaders.
Overall, Rolex watches are highly regarded in Malaysia for their quality, style, and status. Whether you are a collector, an enthusiast, or simply looking for a high-quality timepiece, a Rolex watch is a great investment that will last for years to come.
Related: What is the cheapest BMW car in Malaysia? - Malaysia BMW Price
Price Range of Rolex Watches in Malaysia
Rolex watches are a symbol of luxury and elegance, and they come with a hefty price tag. The prices of Rolex watches in Malaysia vary depending on the model, materials, and features. Here is a breakdown of the price range of Rolex watches in Malaysia:
Rolex Oyster Perpetual
The Rolex Oyster Perpetual is the entry-level watch in the Rolex collection. It is available in different sizes, ranging from 26mm to 39mm. The price of the Rolex Oyster Perpetual in Malaysia starts from RM 29,100 for the 26mm model and goes up to RM 37,300 for the 39mm model.
Rolex Datejust
The Rolex Datejust is a classic watch that is available in a variety of materials, including stainless steel, yellow gold, and rose gold. The price of the Rolex Datejust in Malaysia starts from RM 38,000 for the stainless steel model and goes up to RM 131,300 for the full gold model.
Rolex Day-Date
The Rolex Day-Date is a prestigious watch that is available in a variety of materials, including yellow gold, white gold, and rose gold. The price of the Rolex Day-Date in Malaysia starts from RM 155,200 for the yellow gold model and goes up to RM 375,000 for the full platinum model.
Rolex Submariner
The Rolex Submariner is a diving watch that is available in stainless steel and gold. The price of the Rolex Submariner in Malaysia starts from RM 40,100 for the stainless steel model and goes up to RM 139,300 for the full gold model.
Rolex GMT-Master II
The Rolex GMT-Master II is a dual time zone watch that is popular among travellers. The price of the Rolex GMT-Master II in Malaysia starts from RM 61,400 for the stainless steel model and goes up to RM 177,300 for the full gold model.
In conclusion, the price of Rolex watches in Malaysia varies depending on the model, materials, and features. The prices mentioned above are subject to change and may vary depending on the retailer.
Recommended: How much is 1 gram of gold in Malaysia? - Malaysia Gold Price
Factors Influencing Rolex Prices in Malaysia
Import Taxes
One of the major factors that influence Rolex prices in Malaysia is import taxes. The Malaysian government imposes taxes on luxury goods, including watches. The import tax rate varies depending on the value of the watch, with higher-priced watches attracting higher import taxes. The import tax can add a significant amount to the final price of the watch, making it more expensive for consumers.
Currency Fluctuations
Another factor that affects Rolex prices in Malaysia is currency fluctuations. Rolex watches are priced in Swiss Francs, and the exchange rate between the Swiss Franc and the Malaysian Ringgit can fluctuate. If the Ringgit depreciates against the Franc, the price of Rolex watches in Malaysia will increase, as the cost of importing the watches will be higher.
Demand and Supply
The demand for Rolex watches in Malaysia is another factor that influences their prices. If demand for a particular model of Rolex watch is high and the supply is limited, the price of the watch will increase. Conversely, if demand is low and the supply is high, the price of the watch will decrease. Rolex watches are considered luxury items, and their prices are often driven by consumer demand.
In conclusion, Rolex prices in Malaysia are influenced by a range of factors, including import taxes, currency fluctuations, and demand and supply. Consumers should be aware of these factors when purchasing a Rolex watch in Malaysia.
Popular Rolex Models and Their Prices in Malaysia
Rolex watches are known for their luxurious designs and high-quality craftsmanship. In Malaysia, Rolex watches are highly sought after by collectors and enthusiasts alike. Here are some of the most popular Rolex models and their prices in Malaysia.
Rolex Submariner
The Rolex Submariner is a classic dive watch that has been around since the 1950s. It is known for its robust design and water resistance up to 300 meters. In Malaysia, the price of a new Rolex Submariner ranges from RM40,000 to RM100,000, depending on the model and materials used.
Rolex Daytona
The Rolex Daytona is a chronograph watch that was originally designed for race car drivers. It has a sporty yet elegant design and is highly sought after by collectors. In Malaysia, the price of a new Rolex Daytona ranges from RM80,000 to RM200,000, depending on the model and materials used.
Rolex Datejust
The Rolex Datejust is a classic dress watch that has been around since the 1940s. It is known for its timeless design and versatility. In Malaysia, the price of a new Rolex Datejust ranges from RM30,000 to RM100,000, depending on the model and materials used.
Rolex GMT-Master II
The Rolex GMT-Master II is a dual-timezone watch that was originally designed for airline pilots. It has a distinctive two-tone bezel and is highly sought after by collectors. In Malaysia, the price of a new Rolex GMT-Master II ranges from RM60,000 to RM150,000, depending on the model and materials used.
Rolex Explorer II
The Rolex Explorer II is a rugged and reliable watch that was originally designed for cave explorers. It has a distinctive orange 24-hour hand and is highly sought after by adventurers. In Malaysia, the price of a new Rolex Explorer II ranges from RM40,000 to RM100,000, depending on the model and materials used.
Overall, Rolex watches are highly valued in Malaysia for their quality and prestige. The prices of these watches may vary depending on the model, materials used, and availability.
Where to Buy Rolex in Malaysia
Rolex is a luxury watch brand that has been around for over a century. It is a brand that is synonymous with quality and precision. Rolex watches are not only a status symbol but also an investment. In Malaysia, there are several places where you can buy Rolex watches.
Authorised Dealers
Rolex has several authorised dealers in Malaysia. These dealers are the only ones authorised to sell new Rolex watches. They offer a wide range of Rolex watches, including the latest models. The authorised dealers are also responsible for providing after-sales services, such as maintenance and repairs.
Here are some of the authorised dealers in Malaysia:
- Cortina Watch
- Swiss Watch Gallery
- The Hour Glass
- Sincere Fine Watches
Online Marketplaces
In addition to authorised dealers, you can also buy Rolex watches from online marketplaces. However, it is important to note that not all online marketplaces are authorised to sell Rolex watches. It is recommended to only buy from reputable online marketplaces to ensure that you are getting an authentic Rolex watch.
Here are some of the reputable online marketplaces where you can buy Rolex watches in Malaysia:
- Lazada
- Shopee
- Reebonz
- Jomashop
It is important to do your research and only buy from authorised dealers or reputable online marketplaces to ensure that you are getting an authentic Rolex watch.
Tips for Buying Rolex Watches in Malaysia
When it comes to buying a Rolex watch in Malaysia, there are a few things to keep in mind to ensure you get the best value for your money. Here are some tips to help you make an informed decision:
1. Research the Market
Before making a purchase, it's important to research the market and understand the current prices of Rolex watches in Malaysia. This will help you avoid overpaying for a watch and ensure that you're getting a fair deal. You can check online retailers, physical stores, and even second-hand markets to get an idea of the prices.
2. Buy from Authorised Dealers
To ensure that you're getting an authentic Rolex watch, it's recommended to buy from an authorised dealer. Rolex has a list of authorised dealers on their website, so you can check if the seller you're considering is on the list. Buying from an authorised dealer also ensures that you'll receive a warranty and after-sales service.
3. Check the Serial Number
Each Rolex watch comes with a unique serial number, which can be found on the case between the lugs. Before making a purchase, it's important to check the serial number to ensure that the watch is authentic. You can verify the serial number with Rolex or a trusted appraiser.
4. Consider the Condition
If you're buying a pre-owned Rolex watch, it's important to consider the condition of the watch. Look for any scratches, dents, or other signs of wear and tear. A well-maintained watch will retain its value better than one that has been poorly cared for.
5. Negotiate the Price
While Rolex watches are known for their high prices, it's still possible to negotiate the price with the seller. Be prepared to make an offer and have a maximum price in mind. However, don't be too aggressive with your negotiations, as it could potentially damage your relationship with the seller.
By following these tips, you can ensure that you're getting a high-quality Rolex watch at a fair price in Malaysia.
Is it cheaper to buy Rolex in Malaysia?
However, we have noted that prices may vary depending on the specific model and availability. It is recommended to do research and compare prices before making a purchase.
Moreover always ensure that the Rolex watch is authentic by purchasing from a reputable dealer.
Is it cheaper to buy Rolex in Singapore or Malaysia?
However, we find that Rolex prices here are similar to Malaysia, and you can even claim GST refunds when you fly out from Singapore.
Malaysia Rolex Price
In conclusion, Malaysia offers a wide range of Rolex watches at various price points. The prices of Rolex watches in Malaysia are generally lower than in other countries due to the lower taxes and import duties. However, it is important to note that the prices may vary depending on the model, material, and other factors.
For those who are looking for a luxury timepiece, Rolex watches are an excellent choice due to their quality, durability, and timeless design. With the availability of both new and pre-owned Rolex watches in Malaysia, there is a watch for every budget and preference.
It is recommended that buyers do their research and compare prices before making a purchase. This can be done by visiting authorized Rolex dealers or reputable watch retailers in Malaysia. Buyers should also ensure that they are purchasing a genuine Rolex watch by checking the authenticity of the watch and the seller.
Overall, Malaysia is a great destination for those looking to purchase a Rolex watch at a competitive price. With its diverse selection and favourable pricing, Malaysia is a top choice for watch enthusiasts and collectors alike.
Read also:
