Golf Memberships, Some Items Rising Amid Stable Market... Namchon Up, Seoseoul Down
Overall Stable Trend with Some Items Rising
East Valley and Namchon Ultra-High Price Range ↑
West Seoul, Seowon Valley, and Gyeongju Shilla ↓
The golf membership market continued its differentiated trend following last week. While the overall trend remained flat, some items saw a decline due to the appearance of sell orders, whereas others experienced a rise driven by strong buying demand.
According to the Donga Membership Exchange on the 8th, the average price of 100 major memberships traded nationwide was 233.85 million KRW, up 0.10% from the previous week. By price range, the ultra-high price segment rose 0.4%, and the high price segment remained unchanged. In contrast, the mid-price and low-price segments fell by 0.22% and 0.34%, respectively.
By region, the average price in the central region rose 0.2% from the previous week to 264.51 million KRW. New Seoul recorded 333 million KRW, up 2.4% from the previous week, following recent high-price transactions, and Suwon traded at 210 million KRW, up 3% due to strong buying demand. Jayu also saw low-priced sell orders cleared and experienced a shortage of listings, forming a price of 285 million KRW, up 1.8% from the previous week. Ultra-high price memberships continued to show strength. East Valley reached 1.87 billion KRW, up 5.4% from the previous week, and Namchon recorded 1.88 billion KRW, showing a 2.2% increase.
On the other hand, several items entered a downward trend. Seowon Valley, still lacking buying demand, formed a price of 425 million KRW, down 1.2% from the previous week, and West Seoul traded at 80 million KRW, down 2.5% for the same reason. Nam Seoul recorded 450 million KRW, down 2.3% from the previous week, as sell orders matched buying offers.
The average price in the southern region fell 0.3% from the previous week to 154.5 million KRW. Gyeongju Shilla and Daegu saw a widening gap between sell and buy offers, forming prices of 146 million KRW and 143 million KRW, down 1.4% from the previous week. In contrast, Opal traded at 360 million KRW, up 2.8% from the previous week, as active buying demand appeared amid a shortage of listings.
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Lee Yun-hee, head of the southern region team at Donga Membership Exchange, said, "Inquiries from corporations seeking unnamed memberships are increasing, but ultra-high price memberships are experiencing a shortage of listings," adding, "We expect the southern region membership market to continue a differentiated trend by item."
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