Golf Membership Market 'Steady During Heatwave and Vacation Season'

Vision Hills, Nambu, Lakeside, Free Rising Trend
Average Price 246.09 Million KRW... 0.22%↑ Compared to Last Week

The golf membership market saw a significant drop in trading volume due to the heatwave coinciding with the summer vacation season.

According to Dong-A Membership Trading Center on the 5th, the average price of 100 major memberships traded nationwide rose by 0.22% compared to last week, reaching 246.09 million KRW. By price range, the ultra-high price segment increased by 0.45%, the high price segment by 0.10%, and the mid-price segment by 0.07%. The low price segment fell by 0.15%. Dong-A Membership Trading Center analyzed, "Buyers are less aggressive than before, and sellers are not easily lowering their asking prices, resulting in a decline in trading volume compared to before," adding, "Going forward, prices are expected to maintain a steady trend with differentiation among categories."

The average price in the central region is 278.38 million KRW, up 0.27% from last week. Most golf course memberships showed no price changes. Only ultra-high price memberships experienced slight increases due to a shortage of listings. Vision Hills rose slightly by 1.09%, Nambu by 0.93%, and Lakeside by 0.92%. East Valley jumped 1.05% as corporations showed increased interest. Recently, the most popular membership in Yeoju, Jayu, remains in very short supply. Both corporate and individual buyers surged, pushing prices up by 2.04%. Team leader Moon Jong-sung forecasted, "The central region market is expected to maintain a steady trend for the time being."

The average price in the southern region remained unchanged at 162.50 million KRW compared to last week. Dongnae Benest rose 1.76% as accumulated buy orders converted into transactions. Additional purchases in Seonsan led to a slight increase of 0.94%. Pamihills fell 1.55% as only high-priced listings appeared and buying interest turned cautious. High-priced memberships such as Asiad, Bora, and Jeongsan remain difficult to find on the market. Team leader Lee Yoon-hee stated, "Inquiries for corporate anonymous memberships are increasing, but listings remain scarce," and predicted, "The southern region membership market will continue to maintain a steady trend for a while."

This content was produced with the assistance of AI translation services.