Golf Membership Rights Year-End Pause... "New Year, Listings Will Become Scarce"

Donga Membership Price Analysis for the 5th Week of December
Average Price of 100 Nationwide Locations: 220.44 Million KRW
0.28% Decrease from Previous Week... Only Low-Price Range Increased

As the year-end and New Year approach, golf membership prices have entered a pause. With the winter season coinciding, trading volume has decreased, causing prices to slightly decline or remain stable. However, there are forecasts that trading sentiment will revive after the new year, potentially leading to a shortage of listings.

According to the Donga Membership Exchange on the 31st, the average price of 100 major memberships traded nationwide is 220.44 million KRW, down 0.28% compared to last week. By price range, the ultra-high price segment fell 0.42%, while the high and mid-price segments dropped 0.03% and 0.16%, respectively. Only the low-price segment rose by 0.61%.

Donga Membership Exchange explained, "Buyers of mid-price and higher memberships who had placed purchase orders and were waiting have increasingly postponed their buying timing until after the new year as the year-end approaches, resulting in an overall price decline. In contrast, the low-price segment, which is less burdened financially, has shown a rising trend due to continued transactions."

Regionally, a clear downward trend was observed overall. The average price in the central region was 248.93 million KRW, down 0.30% from the previous week. In the western areas, Gimpo and Ballios saw buyers delay their purchases until after the new year, causing prices to drop by 2 million KRW each from the previous week, forming prices of 103 million KRW and 123 million KRW, respectively. Songchu recorded only low-point purchases and fell by 20 million KRW from last week to 550 million KRW.

However, New Seoul saw a price increase of 5 million KRW from the previous week to 290 million KRW due to a shortage of listings despite many accumulated purchase orders. Shinwon also formed a price of 680 million KRW, up 30 million KRW, as buying demand flowed in despite only high-priced listings being available. Kim Namjung, manager at Donga Membership Exchange, predicted, "Buying demand is expected to increase early next year, which could lead to a price rebound."

The average price in the southern region was 146.71 million KRW, down 0.20% from the previous week, but some listings saw slight price increases due to incoming buying demand. Gaya recorded 153 million KRW, up 1 million KRW from the previous week, while Daegu and Pami Hills formed prices of 130 million KRW and 185 million KRW, respectively, as listings disappeared and purchase orders accumulated. These amounts rose by 3 million KRW and 5 million KRW compared to the previous week. On the other hand, Bora formed a price of 550 million KRW, down 20 million KRW from the previous week, as buying demand turned cautious and asking prices lowered. Lee Yunhee, team leader at Donga Membership Exchange, stated, "The southern region membership market is expected to continue showing differentiated trends by category."

This content was produced with the assistance of AI translation services.