Inside Singapore's Booming Pre-Owned Watch Market

The waitlist has become as much a part of luxury watch culture as the watches themselves, and Singapore's secondary market is where much of that frustration finds an outlet.

Watchbook Singapore opened a second boutique at Far East Plaza in May 2026, splitting its inventory across two dedicated spaces one focused on Rolex, Patek Philippe, Audemars Piguet and Cartier, the other on Tudor, Omega and Hublot to give collectors a more organised buying experience. The move reflects a genuinely large opportunity: Singapore's pre-owned luxury watch market is projected to grow at roughly 15.5 percent a year from 2026, reaching over US$3.1 billion by 2033, as demand for Rolex GMT-Master IIs and Patek Nautilus and Aquanaut references continues to outstrip what authorised dealers can supply.