Golf Membership Market "Differentiated Trends by Category"
88, Hwasan, Geumgang, Jayu, Songchu Rising Trend
Average Price 242.28 Million KRW... Up 0.13% from Last Week
The summer golf membership market saw a slight decrease in transaction volume. The overall trend remains steady. Due to the limited supply, some popular categories have seen a sharp rise in asking prices since the last transaction.
According to the Donga Membership Exchange on the 17th, the average price of 100 major memberships traded nationwide is 242.28 million KRW, up 0.13% compared to last week. By price range, the ultra-high price segment rose 0.15%, the high price segment 0.19%, and the low price segment 0.38%. The mid-price segment fell 0.09%. The Donga Membership Exchange stated, "Buying demand remains active for now. However, there is cautiousness regarding purchases at peak prices," and added, "While inquiries continue, a differentiated market trend by category is expected."
The average price in the central region jumped 1.15% from last week to 273.41 million KRW. The 88 course rose 0.72% due to inflows of individual and corporate buyers. As asking prices increased, low-price purchase orders have accumulated. Among the ultra-high price categories, East Valley fell 0.52% due to new listings. Hwasan rose 1.15%, Geumgang 1.10%, Jayu 1.61%, Seoul 0.60%, and Songchu increased 1.54%. Team leader Park Cheon-ju analyzed, "The central region membership market has seen a slight decrease in transaction volume amid a shortage of listings," and predicted, "The overall trend will remain steady."
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The average price in the southern region is 161.71 million KRW, up 0.06% from last week. Gaya has new listings, with intense competition between sellers and buyers. Busan’s buying demand has turned cautious, with only low-price purchase orders accumulating. Changwon rose 6.06% following additional member benefits, leading to increased buying inquiries. Popular categories Jeongsan and Bora are difficult to find listings for. Team leader Lee Yun-hee forecasted, "In the southern region membership market, inquiries for corporate anonymous memberships are increasing," and added, "A differentiated market by category will continue."
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