The state of the toy market here is just crazy. Crazy in terms of price but also crazy vibrant.
2 weeks ago, Transformers United Wave 3 was released - Perceptor, Kup, Blurr and Wreck Gar. There were at least 15 people waiting at the store before the stock arrived. When the stock arrived, they each stood there for the next 30 minutes trying to find that 'perfect' piece. It was selling for HKD$700 for the set, comes with 2 Jap exclusive Targetmasters (ie: HKD$175/pc).
At another shop not 5 minutes away, one set was selling for HKD$800, comes with 1 free Jap exclusive Targetmaster (ie: HKD$200/pc).
A week later (meaning last week), each piece of this Wave was selling for HKD$230. Also Blurr and Wreck Gar could no longer be found even if one wanted to pay for it.
This week, the only pieces that I see from this Wave is Kup and its going for something close to HKD$250-280. United Jazz and Tracks, from the previous Wave are have already breached the HKD$300 mark.
So in 2 weeks, the price has approximately jumped from HKD$175 to HKD$250, an almost 60% increase. And one cannot even find these if they wanted to.
Thursday: Transformers Generations Wave 7 (Wheeljack, Thundercracker, Scourge and Kup) was released last Thursday (more or less). HobbyBase was selling each set for HKD$499, a pretty reasonable price, at approximately HKD$120 per piece.
Friday: On the very next day, the shops at Richmond Centre were selling a set for HKD$650. Want to just buy Thundercracker? Sure, that's HKD$168. Want to just buy Wheeljack? Sure, that's HKD$188. Otherwise, this Wave was more of less sold out in the YMT, Mong Kok and Wan Chai area.
Saturday: This was a slightly better day, managed to secure a few Wheeljacks and Thundercrackers from the Causeway Bay TRU at 'retail price', soon to be an anachronism in the Hong Kong of today.
Tuesday (today): Walked around the entire Wan Chai area (ie about 10 shops). Again, no Generations Wave 7 for retail price. Wheeljacks for HKD$300 and Thundercracker for HKD$199.
So in less than a week, the price for Thundercracker has approximately jumped from HKD$120 to HKD$199 - a 65.8% increase, in 5 days! For Wheeljack, the price has gone from HKD$120 to HKD$300 - a 150% increase, in 5 days!!!
Like the guy in 300 said "This is madness!"