Today the price of the Classic Medium Double Flap Bag is RM38,690 which is RM10K more than it was selling it mid 2020!!! 30% increase in price!!!
So you tell me, buying a Rolex watch is a better investment or buying a Chanel Classic Double Flap bag?
I tell you, if you are a man and you buy a Rolex watch and put it in the safe and don’t wear it to shiok sendiri, you are damn stupid!
Women on the other hand will use their handbags, and in the case of Chanel Classic Flap bag, the price increases too!!!
Assuming the Chanel Classic Bag cost RM36,500 and the lady uses it for 10 years. It means the cost per day is only RM10 or less than USD3!
Yah, in terms of USD, the Chanel Classic Double Flap is less than USA10K but because our Ringgit is so weak, the damn bag cost a fortune for those of us who earn Ringgit Malaysia. RM38K can buy a Proton Saga in Malaysia!!!
Or looking at another angle, the price of the Chanel Classic Double Flap is about the annual income of a fresh graduate in Malaysia!
And RM38K can allow many to pay down payment for a home in Malaysia too.
Those of you who are working in Singapore earning big bucks, the Chanel Classic Double Flap price can be considered reasonable since the price of owning a car is freaking high in SG.
So for those who are working overseas earning big bucks (when converted to RM), the cost of a Chanel handbag is negligible to the cost of a new home and therefore you can expect the price of Chanel bags to continue rising as there will still be demand for the bags.
Anyway, I am looking for a birthday gift for my wife and the only thing that would make her shiok sendiri are shoes and handbags. So I started researching about what are the handbags that cost about RM10K and I am pleased to present to you my findings in the following pages.
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