Golf Membership Price Increase Slows Down, Showing a 'Stable Trend'
Volcano, Ribera, Ujeong Hills, Yuseong, Seonsan on the Rise
Average Price 238.24 Million KRW... 0.08% Increase from Last Week
The golf membership market showed a sideways trend as the overall upward momentum slowed down. Some items that had experienced sharp rises also saw sell orders emerge, leading to intense tactical waiting.
According to the Donga Membership Trading Center on the 13th, the average price of 100 major memberships traded nationwide was 238.24 million KRW, up 0.08% compared to last week. By price range, the ultra-high price segment rose 0.08%, the mid-price segment increased 0.16%, and the low-price segment went up 0.24%. The high-price segment showed no change. The Donga Membership Trading Center stated, "Many items have accumulated low-price buy orders, so the number of declining items is expected to be limited," and added, "As inquiries for transactions continue, the volume will be maintained, showing a sideways trend."
The average price in the central region is 268.87 million KRW, up 0.06% from last week. The upward trend of popular items in the Yongin area has slowed. Still, low-price buy orders have accumulated, resulting in a sideways trend. Hwasan rose 1.00% without any transactions as the gap between sell and buy offers widened. Liberado showed an upward trend for the first time in a while, rising 2.50% with additional buy orders. Items in the Chungcheong region showed mixed trends. Ujeong Hills continued a strong sideways trend. Yuseong rose 2.13% due to inflows of individual and corporate buying, while Cheonryong fell 1.57% amid the emergence of sell orders and cautious buying. Team leader Park Cheon-ju forecasted, "The central region membership market will maintain transaction volume and show a sideways trend."
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The average price in the southern region was 158.97 million KRW, up 0.20% from last week. Seonsan jumped 2.94% as buy orders accumulated and transactions matched the sell offers. Pamihills also rose 1.54% due to active buying inflows. Dongnae Benest fell 2.86% as buying turned cautious, with only low-price buy orders waiting. Team leader Lee Yun-hee analyzed, "The southern region membership market will continue transactions while maintaining a sideways trend amid intense tactical waiting between sellers and buyers."
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