NO industry, including luxury watches, is spared from the current economic turmoil. That makes it the best time for collectors to acquire the timepieces, according to YTL Corp Bhd Group managing director Tan Sri Francis Yeoh.
“Collectors will be able to buy the watches at competitive prices as prices are not going up as exponentially as they should, given current economic conditions,” Yeoh told StarBiz at the sidelines of the Forbes Asia, the Art of Time, Luxury Forum yesterday. Yeoh said high-end timepieces were a good form of investment as they “go up in value”.