SINGAPORE -
Media OutReach Newswire - 3 August 2026 -
Times Avenue by Horology Maison marks
its five-year anniversary in 2026, as Singapore's pre-owned luxury
watch market expands amid a broader slowdown in the global watch
industry.
A Growing Secondary Market and the Case for Regulated Dealers
The
Bloomberg Subdial Watch Index,
which tracks the 50 most-traded references by transaction value,
recorded its best half-year performance since early 2022 in the first
half of 2025, reflecting a broader shift in buyer preference towards the
secondary channel.
The growth of the pre-owned segment has been driven by a combination of
factors, including tighter supply of popular references at authorised
dealers, record gold prices lifting new watch retail costs, and a shift
among buyers towards immediate availability and market-reflective
pricing.
Founded in 2020,
Times Avenue
has grown alongside this trend, transacting more than 3,000
authenticated timepieces from its Beach Road boutique over its first
five years of operation. The boutique's inventory is weighted towards
luxury Swiss timepieces including Rolex, Patek Philippe, Audemars
Piguet, Tudor and Cartier, with a focus on sought-after references that
are typically subject to long waiting lists in the primary market.
At the same time, authentication and fraud risks in the secondary channel have drawn public attention, including the recent
prosecution of an Italian national who attempted to trade a "fake" Rolex GMT Saru at a Singapore retailer. Both developments underline the importance of sourcing from licensed, regulated dealers.
Licensed secondhand goods dealers like Times Avenue operate under
frameworks that impose customer due diligence, transaction reporting,
record-keeping, and stock movement obligations. Exempted by the
Singapore Police Force and a fully regulated dealer under the Ministry
of Law, Times Avenue ensures that every watch sold undergoes rigorous
in-house authentication before it reaches the client, and each piece is
covered by an in-house warranty, giving buyers assurance of authenticity
for every transaction.
Times Avenue also offers in-person buying from the public, trade-ins,
consignment, and authentication, alongside retail, covering both the
acquisition and resale ends of the secondary market.
Clients and prospective buyers can view current inventory, arrange private viewings, or request a sourcing consultation at
https://horologymaison.com/contact-us/.
https://horologymaison.com/
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