Golf Memberships, Polarization Deepens by Category... Vision Hills at 1.8 Billion
No Change in Southern Membership Fees... Strong Stability in Ultra-High Price Range
Average Market Price 234.61 Million KRW... 0.32% Increase from Last Week
As the spring season is in full swing, the differentiation trend by category in the golf membership market is becoming more pronounced. While highly preferred categories show a firm upward trend, the other categories continue to maintain a stable market.
According to the Donga Membership Trading Center on the 15th, the average price of 100 major memberships traded nationwide rose by 0.32% compared to last week, reaching 234.61 million KRW. By price range, the ultra-high price segment increased by 0.48%, the high price segment by 0.23%, the mid-price segment by 0.30%, and the low price segment by 0.07%.
By region, the average price in the central region rose by 0.40% from the previous week to 265.56 million KRW. Suwon (membership entry) traded at 204 million KRW, up 5.4% from the previous week, supported by active purchase orders from individuals and corporations. Due to accumulated purchase orders, a firm upward trend is expected to continue for the time being. The ultra-high price segment showed an upward trend without transactions. Namchon recorded 1.9 billion KRW, up 3.2% from the previous week, as corporate purchase orders increased. Vision Hills also formed a price of 1.81 billion KRW, up 15.5% from the previous week, with purchase bids rising significantly despite no transactions. On the other hand, the low price segment maintained a stable market without fluctuations. Experts predict that the central region market will continue to show a clear differentiation trend by category while maintaining a stable market.
The average price in the southern region slightly declined to 154.5 million KRW compared to the previous week. Yongwon recorded 87 million KRW, up 2.3% from the previous week, as transactions were made matching the selling bids while purchase orders accumulated. Seonsan also recorded 101 million KRW, up 3% from the previous week, amid intense competition between sellers and buyers, making it difficult to find listings. In contrast, Bugok formed a price of 66 million KRW, up only 0.8% from the previous week, as listings gradually appeared but only low-price buyers were waiting. Changwon recorded 146 million KRW, up just 0.7% from the previous week, as high-priced listings accumulated but did not lead to transactions.
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Lee Yun-hee, team leader of the southern region at Donga Membership Trading Center, said, "The southern membership market shows little price fluctuation and is expected to exhibit a differentiated market by category."
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