Golf Membership Rights "Chuseok Holiday Wait-and-See Sentiment"
Blue One Yongin, Nambu, Lakeside 'Rising Market'
Average Price 249.18 Million KRW... 0.25%↑ Compared to Last Week
The golf membership market is in a wait-and-see mode ahead of the Chuseok holiday.
According to the Donga Membership Trading Center on the 30th, the average price of 100 major memberships traded nationwide rose by 0.25% from last week to 249.18 million KRW. By price range, the ultra-high price segment increased by 0.48%, the mid-price segment by 0.18%, and the low-price segment by 0.07%. The high-price segment showed no change. The Donga Membership Trading Center stated, "Overall, there is intense jockeying between sellers and buyers. Although buy orders are gradually coming in, sellers are listing their items at very high prices, making transactions difficult," and predicted, "It seems that trading volume will not be high until before the Chuseok holiday."
The average price in the central region is 282.32 million KRW, up 0.28% from last week. Gold Korea, which had seen a lull in trading for some time, suddenly experienced a buying surge, jumping 3.66%. Blue One Yongin rose 1.67%, Nambu 0.90%, and Lakeside increased by 3.60%. On the other hand, 88 and Giheung shifted to a wait-and-see stance, falling 0.71% and 1.12%, respectively. Liberado also dropped 2.38% as listings accumulated. Moon Jong-sung, team leader of the central region, analyzed, "Overall, the wait-and-see trend is expected to continue during the Chuseok holiday," adding, "After that, the golf membership market is expected to become more active."
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The average price in the southern region rose 0.14% from last week to 163.41 million KRW. Bugok increased 1.52% as the gap between selling and buying prices widened. Dongnae Benest rose 2.94%, and Palm Hills increased by 1.06%. Lee Yoon-hee, team leader of the southern region, said, "Inquiries for corporate unnamed purchases are increasing, but unnamed memberships are experiencing a shortage of listings," and predicted, "Although trading volume in the southern membership market is minimal ahead of the Chuseok holiday, inquiries about transactions are expected to increase."
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