Scalpers Are Reselling Tickets To Coldplay's KL Concert For More Than Double The Price
Some of the cheapest tickets for the concert, RM288 for CAT 7, are now being sold for RM1,527.
By May Vin Ang β 17 May 2023, 11:52 AM
Tickets to Coldplay's long-awaited concert in Kuala Lumpur have gone on sale, starting at 10am today, 17 May
Organised by Live Nation, the British band is set to perform at National Stadium Bukit Jalil on 22 November, and it will be their first appearance in Malaysia.
While hardcore fans had the opportunity to buy tickets during the exclusive presale for CIMB card holders yesterday, 16 May, many others are trying their luck to grab a ticket during general sales today.
However, as fans wait patiently and faithfully in their virtual line, SAYS has already observed concert tickets being sold at exorbitant prices on several unofficial reseller websites
As of 11am, tickets are not yet sold out, but ticket scalpers can already be seen taking advantage of desperate Coldplay fans.
Ticket scalping is the practice of buying multiple tickets for an event to later resell them at hiked prices to gain personal profit.
As can be seen on secondhand event ticket marketplace Viagogo, some of the cheapest tickets for the concert, RM288 for CAT 7, are now being sold for RM1,527.
Besides that, on another popular secondhand marketplace Carousell, the most popular CAT 3 standing zone tickets, which originally cost RM658, are now being sold at a market rate of about RM1,400.
SAYS sighted the lowest price being RM999 and the highest being RM1,888 for the CAT 3 tickets.
Meanwhile, a 'Higher Power' ticket, with an original price of RM1,258, was seen being sold at RM2,900.
For your reference, here are the original ticket prices:
RM3,088 - VIP Package 1 (Ultimate Experience)
RM2,108 - VIP Package 2 (My Universe)
RM1,258 - VIP Package 3 (Higher Power)
RM1,288 - CAT 1
RM758 - CAT 2
RM658 - CAT 3 (STANDING ZONE)
RM598 - CAT 4
RM498 - CAT 5
RM398 - CAT 6
RM228 - CAT 7
Worse yet, Malaysians do express interest in buying these tickets at their hiked prices
On Twitter, interested fans can be seen messaging ticket scalpers for the pricing of the multiple tickets they have secured.
In another instance of hiked prices, this Twitter user can also be seen selling two 'Ultimate Experience' tickets, that have a retail price of RM3,088 per ticket, for a total of RM8,000 for both.
According to AskLegal.my, while there is no official law against ticket scalping, reselling tickets β especially at ridiculous prices β can fall under a civil action.
Also, to discourage ticket scalping, concert organisers often prohibit all resale of tickets at any price or for any reason, and they will cancel the ticket without refund or compensation.
As stated by Live Nation, "Your ticket may not be resold or offered for resale at face value or at a premium over the face value of the ticket... If a ticket is sold or used in breach of this condition, the ticket may be cancelled without a refund and the ticket holder may be refused admission."
