Carousell scalpers reselling PlayStation 5 in S'pore for as high as S$1,500 on day of launch

Marked up by hundreds of dollars within hours.

Jane Zhang | November 19, 2020, 05:01 PM

The PlayStation 5 (PS5) was officially launched in Singapore today (Thursday, Nov. 19).

And like all popular items sold in Singapore, scalpers have already flocked to Carousell on Day 1 to resell the highly-anticipated gaming console at extremely marked-up prices.

This isn't too surprising, though, given that this already occurred two months ago in September, when the pre-orders of the PS5 were first made available.

Marked up by hundreds of dollars on Carousell

The new PS5 comes in two editions: the PS5 Digital Edition, and the PS5 with an Ultra HD Blu-ray™ disc drive, with recommended retail prices of S$599 and S$729 respectively.

On Nov. 19, the day of the PS5 launch in Singapore, a number of Carousell sellers have already started to try and sell the console at highly-inflated prices.

Most of the PS5 with disc drives are selling for around S$1,200, although one seller has indicated a price of S$1,500 — more than double the recommended retail price of S$729.

Relatively lower markups

The lowest markup that we saw was a digital version being sold for S$799, a S$200 markup from the recommended retail price of S$599.

And one of the cheaper disc drive PS5s available? S$1,100, a $371 markup.

It seems that this seller might have a reason he's selling it at a less-inflated price than other sellers...

Mismatch between buyers and sellers

Unfortunately for some hopeful buyers who have taken to Carousell, there appears to be a discrepancy between their asking prices and what sellers are hoping for.

On the bright side, if anyone is looking for a PlayStation 4...

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Top photos screenshot from Carousell.