Ministers Wearing $6k to $40k Watches While the Rest of us have No Time to Huat

Singapore ministers are crazy rich Asians! They are known to have one of the highest salaries in the world (as compared to other world leaders). What would you do if you had their salary?

Here is a photo of Health Minister Ong Ye Kung wearing an Omega Seamaster Diver. It has a 42mm case size and is powered by Omega Caliber 8800, which means it has a power reserve of 55 hours. Guess how much?

Ong Ye Kung with his Omega Seamaster Diver

The suggested retail price for his watch is $6600 but the market price ranges from $5600 – $5800. Would you like to buy it?

Then there is Minister K Shanmugam, looking serious in this photo with his Glashütte Original Senator Excellence Perpetual Calendar. His is a level above Ong Ye Kung’s with an impressive Caliber 36-02 movement and power reserve of 100 hours.

K Shanmugam thinking about his Glashütte

Of course the price is also impressive! Its suggested retail price is around $31,400 – $51,200. The market price is uncertain but some people are selling brand new ones online for $14,500 – $37,500.

How many months do you have to work to afford a watch like that? Do you think they understand our worries about increasing fees, electricity bills, GST and cost of living? For many of us, we must wait until we strike toto first prize then can buy. Sian right.

All photos of ministers, watches and price points credited to Instagram Ben Timepieces