Golf Memberships Maintain Steady Trend in Spring Season... Vision Hills Up, H1 Down
Maintaining Steady Trend with Some Item Increases
Namseoul, Ballios, Blue One Yongin Upward Movement
Ahead of the spring season, the golf membership market is bustling day by day. Although buying inquiries continue to come in, the gap between asking prices for sales and purchases is wide, resulting in relatively low transaction volumes. Experts predict that a stalemate will continue for the time being, maintaining a stable trend.
According to Dong-A Membership Exchange on the 18th, the average price of 100 major memberships nationwide rose 0.39% from last week to 231.56 million KRW. By price range, the ultra-high price segment increased by 0.57%, high price segment by 0.12%, mid-price segment by 0.28%, and low price segment by 0.24%.
By region, the average prices in both the central and southern regions showed an upward trend. The central region is currently maintaining a slightly weak stable trend, with some items showing an upward movement. Namseoul recorded 268 million KRW, up 1.1% from the previous week, as corporate purchases came in. Vallios also saw buying momentum, rising 1.50% from last week to 137 million KRW. Blue One Yongin, one of the items with a large price gap, recorded 265 million KRW, up 3.8% from the previous week, as high-priced listings were traded. High-priced memberships continued their upward trend. Vision Hills rose about 5.9% from last week to 1.53 billion KRW due to accumulated buying inquiries, and East Valley increased 4.4% to 1.81 billion KRW. On the other hand, H1 saw a 3.2% drop from last week to 32 million KRW as the number of buyers fell compared to selling inquiries.
The average price in the southern region rose 0.50% from last week to 152.85 million KRW. Tongdo rose 7.5% from last week to 80 million KRW as buying orders increased and transactions were made according to selling prices. Gyeongju Sinra also rose 2.07% amid intense price negotiations between buyers and sellers. In Busan, selling prices rose to 370 million KRW without transactions due to the difficulty of finding listings, marking a 5.4% increase. Ulsan recorded 220 million KRW, up 9.1% from last week, as only high-priced listings appeared and strong buying momentum flowed in.
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Lee Yun-hee, team leader at Dong-A Membership Exchange, analyzed, "In the southern region, popular items still show a shortage of listings, and we expect the market to continue its strong stable trend."
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