Sony PlayStation 5 price increase confirmed, SRP now PHP 30,790!

Thru the PlayStation Blog, Sony reveals a price increase of the PlayStation for Southeast Asian countries.

PS5

Now costs more?=

The current global economic environment and high inflation rates have led consumers to experience adverse currency trends that have created pressure in many industries.

This includes Sony Interactive Entertainment or SIE which resulted in the company making the "difficult" decision to increase the recommended retail price of the PlayStation 5 in select markets across Europe, Middle East, Africa (EMEA), Latin America (LATAM), Canada and Asia-Pacific (APAC). There will be no price increase in the United States.

SIE also says that the company's top priority is improving the PS5 supply situation.

When the PlayStation 5 was initially launched in the Philippines, the PS5 with UHD Blu-ray drive arrived with an SRP of 27,990.

Now, the PlayStation 5 with UHD Blu-ray disc drive will cost Philippine customers PHP 30,790. This is a considerable PHP 2,800 increase in price.

As for the rest of Southeast Asia, you can find the prices below:

Singapore 

PS5 with Ultra HD Blu-ray disc drive – SGD 799

PS5 Digital Edition – SGD 669

Malaysia

PS5 with Ultra HD Blu-ray disc drive – MYR 2,499

PS5 Digital Edition – MYR 2,069

Indonesia

PS5 with Ultra HD Blu-ray disc drive – IDR 9,699,000

PS5 Digital Edition – IDR 8,199,000

Thailand

PS5 with Ultra HD Blu-ray disc drive – THB 18,690

PS5 Digital Edition – THB 15,690

Philippines

PS5 with Ultra HD Blu-ray disc drive – PHP 30,790

Vietnam

PS5 with Ultra HD Blu-ray disc drive – VND 15,990,000

What do you guys think?

Source: PlayStation