Luxury watches are rapidly evolving from passion collectibles into a recognised alternative asset class, with the pre-owned market valued at $24.38 billion in 2023 and projected to reach $45.01 billion by 2030.

Demand is strongest across the US, Europe, the Middle East, and Asia, driven by rising liquidity, digital marketplaces, and a growing generation of investors who view watches as long-term wealth-building assets rather than just lifestyle statements.

Even during economic downturns, luxury watches have shown remarkable resilience. During the pandemic, their value declined only about 8%, compared to a 19% drop in the S&P 500.

On Wealth Tracker, Hongbin Jeong speaks to Oliver Müller, Founder of LuxeConsult, about what is driving the global surge in pre-owned luxury watches, which models and brands are considered “blue-chip” investments, and authenticity considerations are reshaping investor strategies in this dynamic market.

 

Luxury watches are rapidly evolving from passion collectibles into a recognised alternative asset class, with the pre-owned market valued at $24.38 billion in 2023 and projected to reach $45.01 billion by 2030.
Demand is strongest across the US, Europe, the Middle East, and Asia, driven by rising liquidity, digital marketplaces, and a growing generation of investors who view watches as long-term wealth-building assets rather than just lifestyle statements.
Even during economic downturns, luxury watches have shown remarkable resilience. During the pandemic, their value declined only about 8%, compared to a 19% drop in the S&amp;P 500.
On Wealth Tracker, Hongbin Jeong speaks to Oliver M&uuml;ller, Founder of LuxeConsult, about what is driving the global surge in pre-owned luxury watches, which models and brands are considered &ldquo;blue-chip&rdquo; investments, and authenticity considerations are reshaping investor strategies in this dynamic market.
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Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.